Tenzing Acquisition Corporation Amends IPO Terms
Tenzing Trust Value now $10.20 per share at IPO or 102% in Trust
Tenzing Acquisition Corp., an India-focused SPAC, filed an amended prospectus tonight with a notable change to the terms. ...READ MORE
TKK Symphony Prices Upsized $220 million SPAC
TKK Symphony Acquisition Corporation announced the pricing of their $220 million SPAC this morning and the unit will begin trading today under the symbol TKKSU.
TKK Symphony intends to focus on consumer and lifestyle companies in the PRC and is being led by Mr. ...READ MORE
Jensyn Acquisition Corp. Announces a New Business Combination at the 13th Hour.
Jensyn Acquisiton Corp., in an surprise move after releasing their definitive proxy statement this morning to extend their completion date to January 3, 2019, released ANOTHER statement shortly before the closing bell. ...READ MORE
TKK Symphony Acquisition Corporation Pricing Their $200 Million SPAC Tonight
China, China, China….(click)
TKK Symphony is widely expected to price their $200 million China consumer/lifestyle SPAC tonight. As a reminder, TKK Symphony is being led by Sing Wang, as Chairman and CEO. ...READ MORE
News Alert: I-AM Capital Changing its Shareholder Vote Date
I-Am Capital Postpones Shareholder Vote to September 7th, 2018
I-AM Capital Acquisition Company, which had originally scheduled its shareholder vote to approve its business combination with Smaaash Entertainment for tomorrow (August 15, 2018), is postponing the vote-date to September 7th. ...READ MORE
Federal Street Acquisition Corp. Announces Combination with UHS
FEDERAL STREET ACQUISITION CORP. TO COMBINE WITH UNIVERSAL HOSPITAL SERVICES
Federal Street Acquisition Corp. (“FSAC”) announced early this morning they have entered into a definitive merger agreement with Universal Hospital Services, Inc. (“UHS”), a leading, nationwide provider of healthcare technology management and service solutions and a portfolio company of Irving Place Capital Management, L.P. ...READ MORE
The Gores Team Files for SPAC #3
They Do Say Good Things Come in Threes….
Late Friday afternoon, while everyone was waiting to see if Chinh Chu would finally file for his second IPO, the Gores team made a surprise filing with their third SPAC – Gores Holdings III, Inc. ...READ MORE
News Alert: Spartan Energy Prices an Upsized $480 Million SPAC
Spartan Energy Acquisition Corp. (SPAQ.U) to Begin Trading Today
Last night, Spartan Energy announced the pricing of their $480 million Apollo sponsored SPAC. The unit will begin trading this morning under the symbol SPAQ.U. ...READ MORE
New IPO Filing: Longevity Acquisition Corp. Plus, What’s up with all these China-Focused SPACs?
Longevity Acquisition Corporation Files for a $40 Million SPAC IPO.
Yesterday, we had a new SPAC IPO entry in the form of Longevity Acquisition Corporation, a $40 million China-focused SPAC being led by Matthew Chen, as Chairman and CEO. ...READ MORE
News Alert: Kayne Anderson Acquisition Corp. Announces Transaction
Kayne Anderson and Apache Corporation to Create Altus Midstream Company
Kayne Anderson Acquisition Corp. and Apache Corporatation announced an agreement late this afternoon to create Altus Midstream Company, a $3.5 bilion pure-play, Permian Basin Midstream C-Corp. ...READ MORE
NYSE vs. Nasdaq SPACs and a Divergence of the SPAC structure
NYSE vs. Nasdaq: The Emergence of A Delineation in Terms.
(Note: The below was a topic that was already discussed in the weekly subscriber email, but given that it is a very relevant topic we have updated the data and are re-posting to the site)
The NYSE put out a press release a week or so back, detailing their results for the first half of 2018. ...READ MORE
Spartan Energy Files a New Prospectus with some Changes
Spartan Energy Getting Ready to IPO this Week.
Spartan Energy Acquisition Corp., filed a new S-1/A this morning, with a few changes. The most notable change being a new banker in the line-up (and the removal of Apollo Global Securities). ...READ MORE
News Alert: Constellation Alpha Capital Corp. to Acquire Medall Healthcare Private Limited
Acquiring at an Enterprise Value of INR 14.5 billion (approximately US $212 million)
Constellation Alpha Capital Corp., a SPAC focused on the healthcare services sector in India, announced late Thursday evening that it has executed a definitive agreement to acquire Medall Healthcare Private Limited (“Medall”), a leading integrated pathology and radiology company located in India. ...READ MORE
Forum Merger II Corporation Prices $200 million SPAC
Forum Merger II Corporation announced the pricing of their $200 million SPAC tonight and the unit will begin trading Friday morning under the symbol FMCIU.
Forum II is being led by Co-Chief Executive Officers Marshall Kiev and David Boris, and are focusing their search on companies that are based in the United States with aggregate enterprise values of between approximately $500 million and $2 billion. ...READ MORE
Forum Merger II Corporation Pricing Their $200 Million SPAC Tonight
Forum Merger II, filed their CERT just before the market close today, indicating they will be pricing their IPO tonight for trading Friday.
This is Jefferies’ first 2018 SPAC as sole bookrunning manager, and a $200 million deal is a nice way to start. ...READ MORE
Tottenham Acquisition I Limited Maybe Prices $40 million SPAC? [UPDATED]
As of right now, there is no press release confirming pricing.
We have spoken with investors who say they were allocated Tottenham Acquisition I Limited and should begin trading today, but as of right now there hasn’t been a press release confirming. ...READ MORE
Tottenham Acquisition I Limited Pricing $40 Million IPO Tonight
Tottenham Acquisition I Limited, filed their CERT this afternoon and should be pricing their IPO tonight for trading Thursday.
The $40 million Tottenham, which is focused on businesses primarily located in China/Asia, will be kicking off August as the first SPAC to price this month. ...READ MORE
An Interview with a Professional SPAC Investor
“Jessica Livermore” Provides an Investors Perspective of the SPAC Product.
Last week, I had the opportunity to sit down and discuss SPACs with an investor who requested we call her “Jessica Livermore”, or Jessica for short. ...READ MORE
Jensyn Acquisition Corp. Proposes an Additional Extension to Complete
New Extension Deadline Proposed to be January 3rd, 2019.
Jensyn Acquisition Corp. proposed to extend their completion deadline today for the fifth time by filing a preliminary proxy statement for a shareholder vote to be held August 29th, at 10:00AM. ...READ MORE
New SPAC Filing: TKK Symphony Acquisition Corp. Files for $200 Million IPO
TKK Symphony Acquisition Corporation: Focused on Consumer/Lifestyle in China
After the market close today, TKK Symphony Acquisition Corporation filed for a $200 million SPAC IPO with a focus on the Consumer and Lifestyle sectors in China. ...READ MORE