PTK Acquisition Corp. Files for $100M IPO
Last week, PTK Acquisition Corp. (PTK.U) filed for a $100 million IPO. The focus of this first time SPAC will be “businesses operating in the United States in the high-tech industry”. ...READ MORE
Act II Global Announces Bittersweet Merger Amendment
Act II Global Acquisition Corp. (ACTT) filed an 8-K on Tuesday morning announcing a number of amendments to their merger agreement with Whole Earth Brands. The transaction is now expected to total $439.0M vs. ...READ MORE
Gordon Pointe Acquisition Corp. Announces Extension
Today, Gordon Pointe Acquisition Corp. (GPAQ) announced that it had elected to extend the deadline to consummate its proposed business combination with HOF Village, LLC (“HOFV”) (presentation link) to July 15, 2020. ...READ MORE
8i Enterprises Acquisition Corp. Announces Results of “Special Meeting”
After the close today, 8i Enterprises Acquisition Corp. (JFK) announced the result of a special meeting of its shareholders (the “Special Meeting”) which took place today at 10:00 a.m. Eastern Time. ...READ MORE
Panacea Acquisition Corp. Files for $125M IPO
Last week, Panacea Acquisition Corp. (PANA.U), became the latest biotech-focused SPAC to tap the market with a $125 million IPO. The entity is backed by EcoR1, a biotechnology-focused hedge fund founded in 2013. ...READ MORE
Act II Global Acquisition Corp. (ACTT) Adjourns Shareholder Meeting
ACT II Global Acquisition Corp. (ACTT), which was scheduled to hold their general shareholder vote and special warrant holder vote today to complete their combination with Flavors Holdings Inc. and subsidiaries Merisant Company and MAFCO Worldwide LLC, announced this morning that they have adjourned their meeting and rescheduled for Wednesday, June 24th, to allow for more time to solicit additional proxies from its shareholders and public warrant holders. ...READ MORE
GS Acquisition Holdings Corp. II Files for $700M IPO
GS Acquisition Holdings Corp. II (GSAH.U), filed for a $700 million IPO yesterday evening as a follow up to their first SPAC, which combined with Vertiv Holdings Co. (VRT). Vertiv was a successful combination and currently trading around $13.95, so can this team repeat their prior success? ...READ MORE
Forum Merger Corp. II Announces Combination with Itella International
The companies will combine as the “Tattooed Chef”
Forum Merger Corp. II (FMCI), announced this morning that they have signed a definitive business combination agreement with Ittella International, a plant-based food company with a broad portfolio of products available both in private label and the Company’s “Tattooed Chef” brand. ...READ MORE
Kensington Acquisition Corp. Files for $175M IPO
It is only fitting that one day after the newly IPO’d Nikola (NKLA) doubled its share price in one day, Kensington Capital Acquisition Corp (KCAC) filed for an IPO. ...READ MORE
Capstar Special Purpose Acquisition Corp. Files for $200M IPO
Capstar Special Purpose Acquisition Corp. (CPSR.U), filed for a $200 million IPO this morning, and while Capstar Partners, a PE firm based in Austin Texas is the sponsor, PIMCO, the global investment management firm is part of the sponsor group as well. ...READ MORE
Ackman’s Pershing Square Wants in on the SPAC Action
Rumored to be working on a $1 billion+ SPAC IPO filing.
If you thought the SPAC market wasn’t hot enough, news broke this morning that Bill Ackman’s Pershing Square Capital Management is apparently working on a $1 billion plus SPAC IPO. ...READ MORE
Nebula (NEBU) Shareholders Approve Open Lending Combination
But the warrant amendment fails….
Nebula Acqusition Corp. (NEBU), announced via 8-K this evening that their business combination with Open Lending was approved by shareholders. At the vote, 10,997,246 shares opted to redeem, which is about 40% of NEBU’s public SPAC shares. ...READ MORE
Schultze Special Purpose Releases Extension Vote Results
This afternoon, Schultze Special Purpose Acquisition Corp. (SAMA), announced that shareholders have approved moving their deadline to September 30, 2020, with only 7,500 shareholders voting against. Additionally, Schultze Special Purpose also revealed that only 34,868 shares opted to redeem, but unfortunately did not state what the actual redemption price was. ...READ MORE
Fusion Acquisition Corp. Files for $250M IPO
Fusion Acquisition Corp. (FUSE.U), filed for a $250 million IPO last night, and will be focused on companies with an enterprise value of approximately $750 million to $3 billion and with a particular emphasis on companies in the FinTech sector. ...READ MORE
Hudson Executive Investment Corp. (HECCU) Prices Upsized $360M IPO
Hudson Executive Investment Corp. (HECCU), announced the pricing of their upsized $360 million SPAC IPO this morning and the units are expected to begin trading today, Tuesday, June 9th, under the symbol Nasdaq: HECCU. ...READ MORE
Forum Merger II Corp. (FMCI) Releases Extension Vote Results
This afternoon, Forum Merger II Corp. (FMCI), announced the results of their shareholder vote to extend their deadline to September 30, 2020, and no one’s surprise, Forum II did not have any shares redeem. ...READ MORE
Nebula & Open Lending Increase Warrant Redemption Price to $1.80
This morning, Nebula Acquisition Corp.’s (NEBU), announced a few changes to their proposed warrant amendment and specifically, the condition to closing in regards to the warrant amendment passing by a majority in order to close their business combination with Open Lending LLC. ...READ MORE
Opes Acquisitions Corp. Announces Non-Binding LOI with BurgerFi
This morning, we had another “teaser” ahead of an extension vote. This time, it was for Opes Acquisition Corp. (OPES), which announced that it has signed a non-binding Letter of Intent with BurgerFi International, a fast-casual “better burger” concept with nearly 125 corporate-owned and franchise locations across 23 states domestically and two countries internationally. ...READ MORE
HL Acquisitions Corp. to Combine with Fusion Welcome-Fuel SA
This morning, HL Acquisitions Corp. (HCCH), announced a new combination with Fusion Welcome-Fuel SA, a clean energy company that has developed a proprietary technology and process for producing green hydrogen using concentrated photovoltaics. ...READ MORE
Collier Creek Holdings to Combine with Utz Brands, Inc.
Collier Creek looking like a snack!
The rumors were true….Collier Creek Holdings (CCH) announced this morning that they have entered into a definitive agreement to combine with Utz Quality Foods, LLC, to create Utz Brands, Inc. ...READ MORE