Another $230 Million in SPAC Gross Proceeds Expected to Trade Tomorrow Both Proficient Alpha (PAACU) and GigCapital2 (GIX.U) are expected to price their IPOs tonight to kick off the summer season and close out May. However, it’s already been a very busy year for SPACs. In fact, it was only just last June that SPACs Read More
Diamond Eagle is still a question mark…it doesn’t want to leave the nest. Health Sciences (HSAC) is expected to price their SPAC tonight and possibly Diamond Eagle (DEAC) too. However, Diamond Eagle, Jeff Sagansky’s fifth “Eagle”, was widely reported to be pricing last night, but sometimes the calendar (and the SEC) have other plans. So Read More
$825 Million in SPAC Gross Proceeds to Trade Tomorrow Both Gores Holdings III and Churchill Capital will be pricing their deals tonight for trading tomorrow, kicking off the fall season with a bang and a little competition. It’s a Deutsche Bank deal versus a Citigroup deal, Mets against the Yankees, Giants versus Jets, who’s your Read More
Financial Services-Focused SPAC, Thunder Bridge Acquisition, Ltd. to Begin Trading Tuesday This morning, Thunder Bridge announced the pricing of their upsized $225 million SPAC. The unit will begin trading Tuesday under the symbol TBRGU. This marks the eighteenth SPAC for 2018 bringing the total SPAC IPO proceeds raised this year to $4.9 billion. Additionally, the pricings for Read More
Fintech-Focused SPAC Far Point Acquisition Corporation to Begin Trading Tuesday This evening, Far Point announced the pricing of their $550 million, Third Point sponsored SPAC. The unit will begin trading Tuesday morning under the symbol FPAC.U. This deal was hot, hot, hot. It started as a $400 million IPO, was upsized to $500 million and finally, Read More
