DiamondHead Holdings Corp. announced the pricing of its $300 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “DHHCU” today, January 26.
The new company aims to have a broad search focus but intends to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience. DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman.
Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. This offering is expected to close on Thursday, January 28.
Goldman Sachs & Co. LLC is serving as book-running manager for the offering. Sullivan & Cromwell LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. American Stock Transfer & Trust Company is acting as trustee.
Bleichroeder Acquisition Corp. I (Nasdaq: BACQU), announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BACQU”, Friday, November 1, 2024. The new SPAC intends to focus their efforts on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors...
Newbury Street II Acquisition Corp (Nasdaq: NTWOU), announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NTWOU”, Friday, November 1, 2024. The new SPAC intends to capitalize on the deal making and business building experience of their management team when conducting the...
The November 2024 slate of SPAC sponsors and de-SPACs set to be released from lock-ups is not long at four a piece, but the list includes a pair of companies hitting this milestone at an interesting juncture in their businesses. Autonomous truck technology firm Aurora (NASDAQ:AUR) and the sponsor of Reinvent Technology Partners Y have...
At the SPAC of Dawn For anyone looking to start early on the Halloween trading strategy, the outlook is perhaps more grim than expected for this particular trading session with Dow, Nasdaq and S&P futures all in the red. Today is also set see new PCE inflation figures, which has logged a gradual decline since...
Archimedes Tech II (NASDAQ:ATIIU) has filed for a $200 million IPO and intends to follow up on its team’s first foray with another deal in artificial intelligence. Back in 2022, Archimedes Tech I took conversational AI tech firm SoundHound (NASDAQ:SOUN) public and weathered the considerable headwinds at the time. It followed the trajectory of many...