The Latest SPAC News and Rumors: July 16, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Vinod Khosla says SPACs are a great alternative for tech, and Apollo’s Rowan believes the SPAC ecosystem is here to stay, while Fed’s Powell says it makes the market feel ‘frothy’
SPACs Are Great Alternative for Tech: Vinod Khosla
Khosla Ventures co-founder Vinod Khosla discusses the continuing popularity of tech companies deciding to go public via SPACs including Berkshire Grey, warehouse automation company and Khosla Ventures investment recipient. ...READ MORE
Skillz Inc. (SKLZ) Announces Warrant Redemption for Cash Exercise
Skillz Inc. (NYSE: SKLZ), which completed their combination with Flying Eagle Acquisition Corp. in mid-December 2020, announced this morning that they will be redeeming their outstanding public SPAC warrants for cash exercise. ...READ MORE
Spotlight: How SPACs Can Fight Cancer
Welcome to SPACInsider’s first Spotlight feature! In this series we will seek to illuminate a particular trend in SPACs that deserves a greater focus. This week, we will be looking at Chamath Palihapitya’s second biotech SPAC, Social Capital Suvretta II (NYSE:DNAB) and the oncology market, with research compiled by SPACInsider contributor Anthony Sozzi. ...READ MORE
Black Spade Acquisition Corp. (BSAQU) Prices $150M IPO
Black Spade Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “BSAQ.U” ...READ MORE
StoneBridge Acquisition Corp. (APACU) Prices $200M IPO
StoneBridge Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “APACU” Friday, July 16.
The new SPAC aims to combine with an Indian target that has an established market share, consistent cash flow, and significant growth potential. ...READ MORE
Bilander Acquisition Corp. (TWCBU) Prices $150M IPO
Bilander Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TWCBU” Friday, July 16.
The new SPAC aims to combine with a high-growth technology target that has a strong management team and an overall transaction value between $750 million and $2.5 billion. ...READ MORE
Decarbonization Plus Acquisition Corp. (DCRB) Shareholders Approve Hyzon Deal
Decarbonization Plus Acquisition Corp. (NASDAQ:DCRB) announced in a press release today that its shareholders approved its combination with hydrogen vehicle-maker Hyzon Motors Inc. in a meeting held earlier this morning.
Approximately 95% of the votes cast on the business combination proposal at the meeting were in favor of the transaction with only 2,089,323 shares opting to redeem at $10.00 per share. ...READ MORE
NewHold Investment Corp. (NHIC) Shareholders Approve Evolv Deal
NewHold Investment Corp. (NASDAQ:NHIC) announced in a press release today that its shareholders approved its combination with AI touchless security screening company Evolv Technology (“Evolv”) in a meeting held earlier this morning. ...READ MORE
The Latest SPAC News and Rumors: July 15, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
