Archives: Spacs

Spacs Information Page

GigCapital, Inc. *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION:  Kaleyra S.p.A.


ESTIMATED CURRENT FUNDS in TRUST: $79.4 Million*
CURRENT PER SHARE REDEMPTION PRICE: $10.51*
ENTERPRISE VALUE: $186.8 Million

*SPACInsider estimate a/o November 20, 2019

GigCapital proposes to acquire Kaleyra, a cloud communications software provider delivering secure APIs and connectivity solutions in the API/CPaaS market. ...READ MORE

DFB Healthcare Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: ADAPTHEALTH


ESTIMATED CURRENT FUNDS in TRUST: $256.3 Million*
CURRENT PER SHARE REDEMPTION PRICE: $10.25*
ENTERPRISE VALUE: $1.041 billion

*SPACInsider estimate as of 11/6/19

DFB Healthcare proposes to acquire AdaptHealth Holdings, LLC (“Adapt” or the “Company”), the third largest distributor of home medical equipment (“HME”) in the United States. ...READ MORE

CM Seven Star Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Kaixin Auto Group


ESTIMATED CURRENT FUNDS in TRUST: $213.8 Million*
CURRENT PER SHARE REDEMPTION PRICE: $10.36*
ENTERPRISE VALUE: $472.2 Million

 

*SPACInsider estimate a/o 4-26-19

 

CM Seven Star Acquisition Corporation CMSS), proposes to combine with Kaixin Auto Group (“Kaixin”), a premium used car dealership network in China and its owner, Renren Inc. ...READ MORE

Churchill Capital Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION:  CLARIVATE ANALYTICS

ENTERPRISE VALUE: $4.229 billion
ANTICIPATED SYMBOL: CLVT

Churchill Capital Corp. proposes to acquire Clarivate Analytics in a transaction valued at approximately $4.2 billion. Churchill CEO Jerre Stead, will serve as Executive Chairman of the combined company, while Clarivate’s existing management team, led by CEO Jay Nadler and CFO Richard Hanks, will continue to lead the business. ...READ MORE

Wealthbridge Acquisition Limited *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Scienjoy, Ltd.


ESTIMATED CURRENT FUNDS in TRUST: $59.6 Million*
CURRENT PER SHARE REDEMPTION PRICE: $10.36*
IMPLIED EQUITY VALUE: $247.4 Million

*SPACInsider estimate a/o 5-3-20

Wealthbridge Acquisition Limited proposes to combine with Scienjoy Inc. ...READ MORE

VectoIQ Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Nikola Motors


ESTIMATED CURRENT FUNDS in TRUST: $238.8 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.39*
ENTERPRISE VALUE: $3.3 billion

 

*SPACInsider estimate a/o 6-1-20

VectoIQ Acquisition Corp. proposes to combine with Nikola Motors, a company focused on the development of next generation smart transportation. ...READ MORE

Tortoise Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Hyliion, Inc.


ESTIMATED CURRENT FUNDS in TRUST: $236.6 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.15*
IMPLIED ENTERPRISE VALUE: $1.1 billion

*SPACInsider estimate a/o 9-26-20

Tortoise Acquisition Corp. (SHLL), proposes to combine with Hyliion Inc., ...READ MORE

TKK Symphony Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION:  Glory Star New Media Group Limited


ESTIMATED CURRENT FUNDS in TRUST: $257.9 Million*
CURRENT TRUST VALUE PER SHARE: $10.31*
TENDER OFFER PRICE: $10.28 per share + excess interest
IMPLIED EQUITY VALUE: $425 million

*SPACInsider estimate a/o 2-14-20

TKK Symphony Acquisition Corp. ...READ MORE

Tiberius Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: International General Insurance Holdings Ltd.


ESTIMATED CURRENT FUNDS in TRUST: $179.9 Million*
CURRENT PER SHARE REDEMPTION PRICE: $10.43*
IMPLIED EQUITY VALUE: $550.0 Million

*SPACInsider estimate a/o 3-11-20

Tiberius Acquisition Corp. ...READ MORE

Software Acquisition Group, Inc.

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: CuriousityStream


ESTIMATED CURRENT FUNDS in TRUST: $150.1 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.04*
ENTERPRISE VALUE: $311 million

*SPACInsider estimate a/o 10-11-20

Software Acquisition Group, Inc., proposes to combine with CuriosityStream, a streaming media company devoted to factual entertainment.  ...READ MORE

Pure Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: HighPeak Energy Inc.


ESTIMATED CURRENT FUNDS in TRUST: $53.2 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.62*
ENTERPRISE VALUE: $845 million

*SPACInsider estimate a/o 8-16-20

SUBSEQUENT EVENTS JULY 27, 2020

On July 27th, PACQ announced that it has further amended its business combination agreement with HighPeak Energy, Inc. ...READ MORE

Pensare Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Computex Technology Solutions (name changed to American Virtual Cloud Technologies)


ESTIMATED CURRENT FUNDS in TRUST: $1.8 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.64*
EQUITY VALUE: $46.4 million

* SPACInsider estimate as of 2/25/20

Pensare Acquisition Corp. ...READ MORE

Nebula Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Open Lending LLC


ESTIMATED CURRENT FUNDS in TRUST: $282.9 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.29*
ENTERPRISE VALUE: $1.08 billion

*SPACInsider estimate a/o 6-7-20

Nebula Acquisition Corp. proposes to combine with Open Lending, LLC, a provider of lending enablement and risk analytics solutions to financial institutions, with an implied estimated enterprise value at closing of approximately $1.3 billion. ...READ MORE