Gardiner Healthcare Acquisitions Corp. (GDNRU) Prices $75M IPO
Gardiner Healthcare Acquisitions Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GDNRU” Wednesday, December 22.
The new SPAC intends to target businesses in the healthcare industry, particularly for North American or European companies in the life sciences and medical technology sectors, with a specific focus on small and large molecule therapeutics. ...READ MORE
Altimar Acquisition Corp. II (ATMR) Shareholders Approve Fathom Deal
Altimar Acquisition Corp. II (NYSE:ATMR) announced this afternoon that its shareholders approved its combination with on-demand manufacturing firm Fathom in a special meeting held earlier today.
A total of 31,487,038 ordinary shares, representing approximately 73.02% of the outstanding ordinary shares entitled to vote, were present at the special meeting. ...READ MORE
European Sustainable Growth Acquisition (EUSG) Shareholders Approve ADS-TEC Deal
European Sustainable Growth Acquisition (NASDAQ:EUSG) announced this afternoon that its shareholders approved its combination with EV battery-maker ADS-TEC in a special meeting held earlier today.
Holders of 12,089,854 ordinary shares were present in person or by proxy at today’s meeting, representing 67.05% of EUSG’s voting power. ...READ MORE
MCAP (MACQ) Shareholders Approve AdTheorent Deal
MCAP Acquisition Corp. (NASDAQ:MACQ) announced this afternoon that its shareholders have approved its combination with digital advertising firm AdTheorent in a special meeting held earlier today.
Although MCAP did not disclose redemption numbers, the SPAC traded slightly above $10 throughout its redemption deadline December 17 and opened today at $10. ...READ MORE
The Latest SPAC News and Rumors: December 21, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Nikola to pay SEC penalty, Cohn Robbins SPAC discusses merger with Allwyn, and SEC demands Chinese firms bolster risk disclosures for investors
Nikola to Pay $125 Million SEC Penalty Over Milton Comments
Nikola Corp. ...READ MORE
Larkspur Health Acquisition Corp. (LSPRU) Prices $75M IPO
Larkspur Health Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LSPRU” Tuesday, December 21.
The new SPAC intends to focus on companies in the biotechnology sector and would benefit from access to public markets and the operational and strategic expertise of our management team and board of directors. ...READ MORE
Sagaliam Acquisition Corp. (SAGAU) Prices $100M IPO
Sagaliam Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SAGAU” Tuesday, December 21.
The new SPAC intends to capitalize on the capabilities of its management team and sponsor to identify, acquire and operate a business that may provide opportunities for attractive risk-adjusted returns in the telecommunications, media, and technology industries. ...READ MORE
NorthView Acquisition Corp. (NVACU) Prices Upsized $165M IPO
NorthView Acquisition Corp. announced the pricing of its upsized $165 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NVACU” Monday, December 20.
The new SPAC intends to focus its initial search on target businesses in the healthcare sector with an enterprise value of approximately $500 million to $2 billion. ...READ MORE
CF Acquisition Corp. V (CFV) Adjourns Vote for Satellogic Deal Again
CF Acquisition Corp. V (NASDAQ:CFV) has once again adjourned its special meeting without finalizing its shareholder vote to approve its merger with orbital imagery company Satellogic.
CFV originally adjourned its meeting on December 8, before moving it to today. ...READ MORE
The Latest SPAC News and Rumors: December 20, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Zegna debuts on Wall Street following $3Bn SPAC deal
Italian Luxury Group Zegna Debuts on Wall Street in $3 Bln Deal
Shares in Italian luxury group Zegna rose in New York on Monday, where they debuted after completing a merger with a U.S. ...READ MORE
SPAC IPO Terms Tracker: The Last Full Week of the Year
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Has the Growth of SPACs Led to an Increase in Litigation?
D&O insurance provider NFP, took a historical look at securities litigation within the SPAC asset class and prepared a report of their findings. Read on to see the results.
Andrew Pendergast, SPAC & GPL Practice Leader, NFP
Jonathan Abbott, FCAS, MAAA, Senior Vice-President, NFP
With the dramatic increase in SPAC D&O rates over the past 18 months we sought to answer whether SPACs are being targeted with securities litigation more frequently now than they have been historically, or if the percentage of SPACs being sued has remained relatively constant while the number of IPOs has increased. ...READ MORE