Gores Holdings IV, Inc. (GHIVU), announced the pricing of their $400 million SPAC IPO this evening and the units are expected to begin trading, tomorrow, Friday, January 24th, under the symbol Nasdaq: GHIVU. ...READ MORE
Boxwood Merger Corp. (BWMC), which is scheduled to hold their shareholder vote to complete their combination with Atlas Intermediate Holdings LLC (“Atlas”) on January 30th, announced this morning that they have secured additional financing of up to $155 million from GSO Capital Partners, the credit arm of Blackstone (“GSO”). ...READ MORE
Around mid-day, we had yet another new SPAC filing with the addition of CITIC Capital Acquisition Corp. (CCAC.U), a $200 million SPAC focused on clean energy. Or more specifically, “companies in the energy efficiency, clean technology and sustainability sectors, with a focus on companies that we believe can be positioned for success in China, as well as other markets in Asia and beyond. ...READ MORE
This afternoon, we had another new SPAC filing with the addition of UTXO Acquisition Inc. (UTXOU), a $50 million SPAC focused on companies in Asia and North America. UTXO will be led by Dr. ...READ MORE
Pure Acquisition Corp. (PACQ), announced its warrant tender results this evening and a sizable number opted, in fact, to tender.
By way of background, PACQ first announced their combination with HighPeak Energy back on November 27th and as stated in their IPO prospectus, they intended to give warrant holders the option to tender their warrants at $1.00 per warrant. ...READ MORE
It’s a long holiday weekend…but before you settle in, a few updates have been provided below.
Forum Merger II Corp. (FMCI), filed a preliminary proxy to extend their completion deadline tonight. ...READ MORE
Mosaic Acquisition Corp. (MOSC), announced this afternoon that shareholders approved their combination with Vivint Smart Home, Inc. earlier today. The combined company will be named Vivint Smart Home and will trade under the ticker symbol VVNT on the New York Stock Exchange beginning Tuesday, January 21, 2020. ...READ MORE
East Stone Acquisition Corp. (ESSCU), filed for a $100 million IPO this morning, making it a total of seven SPACs on file now for 2020. East Stone will be focusing on fintech in North American and the Asia Pacific regions, and will be led by Chunyi (Charlie) Hao, as Chairman and CFO, and Xiaoma (Sherman) Lu, as CEO and Director nominee. ...READ MORE
Mosaic Acquisition Corp. (MOSC), announced earlier this morning that ahead of its scheduled shareholder vote to complete its combination with Vivint Smart Home, they have waived the closing condition relating to the number of redemptions of public shares of Mosaic Class A common stock. ...READ MORE
Far Point Acquisition Corp. (FPAC), announced this morning that they intend to merger with Global Blue, a strategic technology and payments partner empowering global merchants to capture the growth of international shoppers. ...READ MORE
Far Point Acquisition Corp. (FPAC), announced this morning that they intend to merger with Global Blue, a strategic technology and payments partner empowering global merchants to capture the growth of international shoppers. ...READ MORE
Mudrick Capital Acquisition Corp. (MUDS), as expected, filed a preliminary proxy this evening to extend their completion deadline by an additional six months, from February 12, 2020 to August 12, 2020. ...READ MORE
Early this afternoon, Opes Acquisition Corp. (OPES), released the details of their shareholder vote to approve their extension deadline from January 15, 2020 to February 15, 2020, or March 15, 2020, if they need to extend an additional 30 days further. ...READ MORE
Leo Holdings Corp. (LHC), in a not unexpected move, filed a new preliminary proxy tonight to extend their completion deadline five and a half months from February 15, 2020 to July 31, 2020. ...READ MORE
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Mudrick Capital Acquisition Corp. (MUDS), announced this morning that they have entered into a definitive purchase agreement with Hycroft Mining Corporation, a US-based, gold and silver producer operating the Hycroft mine located in the mining region of Northern Nevada. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS) announced this evening that it would be extending the expiration of its tender offer to purchase up to 25,000,000 shares at a purchase price of $10.28, for a fourth time. ...READ MORE
Earlier today, Nebula Acquisition Corp., held their shareholder vote to extend their completion deadline five months from January 12, 2020 to June 12, 2020, and the results were overwhelmingly positive. ...READ MORE
Wednesday evening, we had another new SPAC filing with InterPrivate Acquisition Corp., a $175 million IPO. This bring the total number of SPACs currently on file to IPO in 2020 to six, so we’re already 1/10th of the way there to breaking 2019’s record of 59 SPACs. ...READ MORE
This afternoon, Allegro Merger Corp., released the details of their shareholder vote to approve moving their extension deadline from January 6, 2020 to March 31, 2020. ...READ MORE
As part of Nebula Acquisition Corp.’s (NEBU), announced deal this morning with Open Lending LLC, they included their intention to tender their warrants for $1.50 per whole warrant. And further to that, it said that if you do tender, you MUST vote FOR the warrant amendment proposal which reduces the term of any and all remaining NEBU Warrants to expire upon the consummation of the Merger. ...READ MORE