Archives: Spacs

Spacs Information Page

Tuscan Holdings Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Microvast, Inc.

ENTERPRISE VALUE: $2.403 billion
ANTICIPATED SYMBOL: MVST

Tuscan Holdings Corporation proposes to combine with Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles. ...READ MORE

Turmeric Acquisition Corporation

Oct 19, 2020 by Roman Developer

LIQUIDATION – 10/10/22 – LINK

  • Turmeric Acquisition Corp. announced that it will redeem all of its outstanding Class A ordinary shares effective as of the close of business on October 20, 2022, because the Company will not consummate an initial business combination within the time period required.
...READ MORE

Trebia Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: System1

ENTERPRISE VALUE: $1.426 billion
ANTICIPATED SYMBOL: SST

Trebia Acquisition Corporation proposes to combine with System1, a leading omnichannel customer acquisition platform.

Founded in 2013, System1 has developed a proprietary end-to-end responsive acquisition marketing platform (RAMP) which the Company uses to acquire intent-driven customers on behalf of its advertising partners and its own products. ...READ MORE

TPG Pace Tech Opportunities Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Nerdy Inc.

ENTERPRISE VALUE: $1.405 billion
ANTICIPATED SYMBOL: NRDY

TPG Pace Tech Opportunities Corporation proposes to combine with Nerdy Inc. (“the Company” or “Nerdy”), a leading direct-to-consumer, curated gig economy platform for live online learning benefiting both learners and experts. ...READ MORE

Tortoise Acquisition Corporation II

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Volta Industries, Inc.

ENTERPRISE VALUE: $1.422 billion
ANTICIPATED SYMBOL: VLTA

Tortoise Acquisition Corp. II to combine with Volta Industries, Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks. ...READ MORE

Thunder Bridge Acquisition II, Limited

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: indie Semiconductor

ENTERPRISE VALUE: $982 million
ANTICIPATED SYMBOL: INDI

Thunder Bridge Acquisition II proposes to combine with indie Semiconductor, which creates next generation automotive semiconductors and software. The deal is happening at $982 million, or 2.8x indie’s 2024 revenue. ...READ MORE

Therapeutics Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: POINT Biopharma

ENTERPRISE VALUE: $639.2 million
ANTICIPATED SYMBOL: PNT

Therapeutics Acquisition Corporation proposes to combine with POINT Biopharma, a late-stage biopharmaceutical company dedicated to bringing the many benefits of precision radiopharmaceutical therapies to patients with cancer. ...READ MORE

Tailwind Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: NUBURU, Inc.

ENTERPRISE VALUE: $350 million
ANTICIPATED SYMBOL: BURU

Tailwind International Acquisition Corp. proposes to combine with NUBURU, Inc.

NUBURU is a Centennial, CO based developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce the fastest, highest quality laser materials processing, including laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. ...READ MORE

Star Peak Energy Transition

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Stem, Inc.

EQUITY VALUE: $1.35 billion
ANTICIPATED SYMBOL: STEM

Star Peak Energy Transition Corp. (“Star Peak”), a publicly-traded special purpose acquisition company, announced today a definitive agreement for a business combination that will result in Stem becoming a public company. ...READ MORE

Starboard Value Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Cyxtera Technologies, Inc.

ENTERPRISE VALUE: $3.4 billion
ANTICIPATED SYMBOL: CYXT

Starboard Value Acquisition Corporation proposes to combine with Cyxtera Technologies, Inc. (“Cyxtera” or the “Company”), a global leader in mission-critical retail colocation and interconnection services. ...READ MORE

Spartacus Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: NextNav

ENTERPRISE VALUE: $897 million
ANTICIPATED SYMBOL: NN

Spartacus Acquisition Corporation proposes to combine with NextNav, a leader in next generation GPS.

NextNav provides next generation GPS. NextNav Pinnacle uses highly accurate vertical positioning to transform location services so they reflect the 3D world around us. ...READ MORE

South Mountain Merger Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Billtrust

ENTERPRISE VALUE: $1.3 billion
ANTICIPATED SYMBOL: BTRS

South Mountain Merger Corp. proposes to combine with Billtrust, a leader in B2B order-to-cash solutions with an implied estimated enterprise value of approximately $1.293 billion at closing. ...READ MORE

Social Capital Hedosophia Holdings Corporation VI

Oct 19, 2020 by Roman Developer

MANAGEMENT & BOARD


Executive Officers

Chamath Palihapitiya, 43
Chief Executive Officer & Chairman

Mr. Palihapitiya founded Social Capital in 2011 and has been its Managing Partner since its inception. Mr. Palihapitiya served as the Chief Executive Officer and the Chairman of the Board of Directors of IPOA from May 2017 until the consummation of its business combination with Virgin Galactic in October 2019, and continues to serve as the Chairman of the Board of Directors of Virgin Galactic.

...READ MORE