Archives: Spacs

Spacs Information Page

AEA-Bridges Impact Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: LiveWire

ENTERPRISE VALUE: $1.765 billion
ANTICIPATED SYMBOL: LVW

AEA-Bridges Impact Corp. and Harley-Davidson, Inc., announced that they have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division, to create a new publicly-traded company. ...READ MORE

ACE Convergence Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Tempo Automation, Inc.

ENTERPRISE VALUE: $919 million
ANTICIPATED SYMBOL: TMPO

ACE Convergence Acquisition Corp. proposes to combine with Tempo Automation, Inc., a leading software-accelerated electronics manufacturer.

  • Tempo Automation is a leading software-accelerated electronics manufacturer, transforming the way top companies innovate and bring new products to market.
...READ MORE

AGBA Acquisition Limited *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: TAG Holdings Limited

ENTERPRISE VALUE: $555 million
ANTICIPATED SYMBOL: AGBA

AGBA Acquisition Limited proposes to combine with TAG Holdings Limited (“TAG”), a British Virgin Islands diversified financial holding company and its wholly-owned subsidiaries, TAG International Limited, a British Virgin Islands business company engaged in business-to-business services (“B2B”), TAG Asset Partners Limited, a wholly-owned subsidiary of B2B (“B2BSub”), OnePlatform International Limited, a wholly-owned subsidiary of B2BSub (“HKSub”), OnePlatform Holdings Limited, a Hong Kong-headquartered company that engages in business-to-business services through its wholly-owned subsidiaries (“OPH”), and TAG Asia Capital Holdings Limited, a British Virgin Islands business company which engages in the financial technology sector through its wholly-owned subsidiaries. ...READ MORE

TPG Pace Energy Holdings Corporation

Oct 19, 2020 by Roman Developer



PROPOSED BUSINESS COMBINATION


ESTIMATED CURRENT FUNDS in TRUST: $654.9 Million
CURRENT PER SHARE REDEMPTION PRICE:
ENTERPRISE VALUE: $2.66 Billion

TPG Pace Energy Holdings proposes to acquire the oil and gas assets within EnerVest’s South Texas Division for approximately $2.66 billion in cash and stock. ...READ MORE

National Energy Services Reunited Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION


CURRENT FUNDS in TRUST: $ 231.3 million (as of March 30, 2018)
CURRENT PER SHARE REDEMPTION PRICE: $10.09
TRANSACTION VALUE: $1.1 Billion 


National Energy Services Reunited Corp. proposes to combine with Gulf Energy SAOC (“GES”) and National Petroleum Services (“NPS”) for an aggregate purchase price of approximately $1.1 billion, or 5.4x the Company’s estimated 2018 EBITDA. ...READ MORE

M I Acquisition, Inc.

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION


CURRENT FUNDS in TRUST: $ 55.1 million (as of December 31, 2017)
CURRENT PER SHARE REDEMPTION PRICE: $10.30
ENTERPRISE VALUE: $1,003.0 Million 

M I Acquisitions, Inc. (“M I”) proposes to acquire all of the outstanding equity interests of Priority Holdings, LLC (“Priority”), a leading provider of B2C and B2B payment processing solutions. ...READ MORE

Landcadia Holdings, Inc. *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: WAITR INCORPORATED


ESTIMATED CURRENT FUNDS in TRUST: $236.9 million 
CURRENT PER SHARE REDEMPTION PRICE:  $10.18
IMPLIED ENTERPRISE VALUE: $408.4 Million

Landcadia Holdings, Inc. proposes to acquire Waitr Incorporated (“Waitr”), the fast growing restaurant platform for online ordering and secondary on-demand food delivery, for $308 million in total consideration.  ...READ MORE

Kayne Anderson Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: ALTUS MIDSTREAM COMPANY


ESTIMATED CURRENT FUNDS in TRUST: $ 380.7 Million
CURRENT PER SHARE REDEMPTION PRICE:  $10.09
IMPLIED ENTERPRISE VALUE: $2.624 Billion

Kayne Anderson Acquisition Corp. announced an agreement pursuant to which Apache will contribute its midstream assets at Alpine High to Altus Midstream LP, a partnership jointly owned by Apache and KAAC. ...READ MORE

Industrea Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: CONCRETE PUMPING HOLDINGS, INC.


ESTIMATED CURRENT FUNDS in TRUST: $237.6 Million
CURRENT PER SHARE REDEMPTION PRICE:  $10.31
IMPLIED ENTERPRISE VALUE: $696 Million

Industrea Acquisition Corp. proposes to acquire Concrete Pumping Holdings, Inc. ...READ MORE

I-AM Capital Acquisition Company *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: SIMPLICITY ESPORTS & GAMING COMPANY


ESTIMATED CURRENT FUNDS in TRUST: $52.8 Million
CURRENT PER SHARE REDEMPTION PRICE:  $10.206
ENTERPRISE VALUE: $271.9 Million

I-AM Capital proposes to acquire SMAAASH Entertainment Private Limited (“SMAAASH”), a global virtual reality gaming and sports entertainment company, headquartered in Mumbai, India. ...READ MORE

Gores Holdings II, Inc.

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION


ESTIMATED CURRENT FUNDS in TRUST: $404.6 Million
CURRENT PER SHARE REDEMPTION PRICE:  $10.12
ENTERPRISE VALUE: $2.4 Billion

Gores Holdings II, Inc. proposes to combine with Verra Mobility, a provider of tech-enabled smart transportation solutions and a portfolio company of Platinum Equity.  ...READ MORE

Fintech Acquisition Corporation II

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION


CURRENT FUNDS in TRUST: $176.2 million 
CURRENT PER SHARE REDEMPTION PRICE:  $10.03
ENTERPRISE VALUE: $339.1 Million 

FinTech II proposes to acquire Intermex Holdings II, Inc., the parent company of Intermex® Wire Transfer, LLC, a technology enabled wire transfer and financial processing solutions provider for total consideration of approximately $260 million plus the assumption of existing indebtedness. ...READ MORE

Easterly Acquisition Corporation *

Oct 19, 2020 by Roman Developer
PROPOSED BUSINESS COMBINATION: SIRIUS INTERNATIONAL INSURANCE GROUP, LTD.

ESTIMATED CURRENT FUNDS in TRUST: $148.5 Million
ESTIMATED PER SHARE REDEMPTION PRICE:  $10.45
PRO FORMA EQUITY VALUE: $2.2 Billion

Easterly Acquisition Corp proposed to combine with Sirius International Insurance Group, Ltd.,  a ...READ MORE

Draper Oakwood Technology Acquisition, Inc. *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: REEBONZ LIMITED


ESTIMATED CURRENT FUNDS in TRUST: $59 Million
CURRENT PER SHARE REDEMPTION PRICE:  $10.27
ENTERPRISE VALUE: $252 million

Draper Oakwood Technologies proposes to combine with Reebonz Limited (“Reebonz”), a leading online luxury marketplace and platform in the Asia Pacific region based in Singapore for buying and selling new and pre-owned products.  ...READ MORE