The Latest News in SPACs GSAH: GS Acquisition Holdings Corp. GS Acquisition Holdings filed an amended S-1 yesterday, adding three new Directors to the Board. They are James Albaugh, former President and CEO of Boeing, Roger Fradin, former president and chief executive officer of Honeywell’s Automation and Control Solutions business, and Steven Reinemund, former Chairman, Executive Chairman and CEO of PepsiCo. More
Eastern European Energy Focused SPAC Trident Acquisitions Corp. Prices $175 Million IPO This morning, Trident Acquisitions Corp. announced the pricing of their $175 million Eastern European energy-focused SPAC and the unit began trading late this morning under the symbol TDACU. More
Gil Ottensoser to Join BTIG as Head of SPAC Program A press release today announced that BTIG has hired Gil Ottensoser, to lead their SPAC Banking and Capital Markets effort, signaling a major push into the Special Purpose Acquisition Company field by BTIG. More
Crescendo is Putting the Band Back Together. Again! Crescendo Partners' Eric Rosenfeld, filed for a $130 million IPO late Tuesday, making Allegro Merger Corp., Rosenfeld's sixth consecutive SPAC. In addition to an obsessive penchant for musical-term branding, the Allegro team and board seem to have a penchant for each other as well, since all have worked together (with the exception of board member Robert Deluce) on one or more of Rosenfeld's five prior SPACs. More
Ahead of Memorial Day Weekend.... Before everyone heads out for Memorial Day Weekend (because as we all know, not a whole lot is going to get done tomorrow), a few items of note below on NESR, OMAD and OACQF. More
Let's Talk about the GS Acquisition Holdings Warrant Redemption Feature.. By now, most people who follow the SPAC product have heard about the Goldman Sachs sponsored, GS Acquisition Holdings Corp. In fact, this afternoon an amended S-1 had already been filed. More
Dan Loeb's Third Point LLC Debuts New SPAC: Far Point Acquisition Corporation Third Point LLC, makes its entry into the Special Purpose Acquisition Company field with Far Point Acquisition Corporation, a $400 million IPO focusing on the Fintech space. More
SPACS....So Hot Right Now... Late Friday afternoon, GS Acquisition Holdings Corp. filed for a $600 million NYSE SPAC IPO, capping off a busy week that included one SPAC rumor, two IPOs, an acquisition announcement and a liquidation. More
Landcadia Holdings, Inc. and Waitr Announce Merger Agreement Joint Investor Conference Call Scheduled for Tomorrow, Thursday, at 9:00 am ET This afternoon, Landcadia, a $250 million SPAC, finally announced it had a definitive merger agreement with Waitr, a restaurant platform for online ordering and on-demand food delivery. More
VectoIQ Acquisition Corp. Prices Their $200 Million IPO...With a Few Tweaks to the Terms On Tuesday evening, VectoIQ announced the pricing of its Nasdaq-listed SPAC, raising $200 million in its initial public offering. More
