Concord Acquisition Corp. II (CNDA.U) Prices $250M IPO
Concord Acquisition Corp. II announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “CNDA.U” Wednesday, September 1. ...READ MORE
The Latest SPAC News and Rumors: August 31, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Sponsor behind Forbes deal says slowdown is ‘healthy’ for the market, Vice Media abandons SPAC talks, and former American Express executive Joan Amble joins Buzzfeed’s Board of Directors
Slowdown in SPAC Issuance Healthy For Markets, Sponsor Behind Forbes Deal Says
A slowdown in issuance by SPACs following a blockbuster start this year is “healthy” for the market and will help sustain the appetite for the investment vehicle going forward, according to the co-founder of L2 Capital Management, a Hong Kong-based private investment firm and blank-check sponsor.
Alpine Acquisition Corp. (REVEU) Prices $100M IPO
Alpine Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “REVEU” Tuesday, August 31.
The new SPAC intends to combine with LA-based amusement park Two Bit Circus, concurrent with the completion of an initial business combination focusing on businesses such as drive-to destination hotels, digital entertainment and gaming, and lodging technology. ...READ MORE
The Latest SPAC News and Rumors: August 30, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Astra Space shares tumble after rocket fails to reach orbit and Ginkgo Bioworks and Givaudan enter multi-program collaboration
Astra Space Drops Most Since SPAC Deal After Mission Fails
Astra Space Inc. ...READ MORE
CHW Acquisition Corp. (CHWA) Prices Upsized $110M IPO
CHW Acquisition Corp. announced the pricing of its upsized $110 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CHWAU” today, August 30. ...READ MORE
Over 55 Law Firms Have Now Joined the Recent Statement on SPAC Litigation
The list keeps growing….
In a follow-up to last week’s statement by leading law firms declaring that the recent lawsuits by former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, were “without factual or legal basis”, an additional nine law firms have added their names to the list. ...READ MORE
SPAC IPO Terms Tracker: More of the Same for the End of August
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The Latest SPAC News and Rumors: August 27, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Lucid investors could be forced to endure windfall, and Aurora says its next generation hardware kit will debut later this year
Lucid’s SPAC Investors Could Be Forced to Endure a Windfall
With Lucid (NASDAQ:LCID) hovering around $21.70, investors could almost double their money. ...READ MORE
49 Law Firms Unite and Push Back on Recent SPAC Litigation
The legal community signs statement declaring these suits are “without factual or legal basis”.
In response to the recent PR machine from former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, which have put out multiple statements in the press noting they intend to litigate SPACs for Investment Company Act of 1940 issues, an astonishing 49 law firms have coalesced to release a response to these allegations. ...READ MORE
The Latest SPAC News and Rumors: August 26, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Car-sharing startup Getaround is in talks to merge with Altitude Acquisition Corp.,
...READ MORE
Minority Equality Opportunities Acquisition Inc. (MEOAU) Prices Upsized $110M IPO
Minority Equality Opportunities Acquisition Inc. announced the pricing of its upsized $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MEOAU” Thursday, August 26. ...READ MORE