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
The Latest SPAC News and Rumors: December 17, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Hong Kong to allow SPAC listings next month, Belgium Proximus rises following TeleSign deal, and asset manager claims he was frozen out of Trump Media SPAC
Hong Kong Stock Exchange to Allow SPAC Listings Next Month
Hong Kong unveiled its rulebook for blank check companies, allowing for listings at the start of next year while setting a strict regime to safeguard investors. ...READ MORE
Top 3 SPAC Targets – NFTs
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in the NFT space. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
CM Life Sciences III (CMLT) Shareholders Approve EQRx Deal
CM Life Sciences III (NASDAQ:CMLT) announced this morning that its shareholders approved its combination with biotech firm EQRx in a special meeting yesterday.
The 8-K did not disclose redemption figures but, CM III went into the vote with at least some risk having traded below $10 since August. ...READ MORE
AP Acquisition Corp. (APCA.U) Prices $150M IPO
AP Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “APCA.U” Friday, December 17.
The new SPAC focus on the de-carbonization / renewable energy sectors, with a particular focus in Japan /Asia (excluding Mainland China, Hong Kong and Macau) and European markets, and complement the experience of our management team and its operational expertise. ...READ MORE
Revelstone Capital Acquisition Corp. (RCACU) Prices $150M IPO
Revelstone Capital Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RCACU” Friday, December 17. ...READ MORE