Congratulations to Credit Suisse! Credit Suisse is the 2018 SPACInsider Underwriters League Tournament Champion! As winner, you will be receiving the SPACInsider Underwriters League Champion Award, sponsored by Refresh Creations This is just a mock-up, since Refresh Creations was awesome enough to get involved at the last minute, but we will be sending the final version to Credit Suisse in the next two weeks once complete. More
FINALS: GET YOUR VOTES IN!! After some HEAVY voting last night, Credit Suisse made a comeback and beat B. Riley FBR, 62% to 38%. It's still early, but Credit Suisse is currently leading Cantor by 82% to 18%. More
Not only did we get a double order of SPACs tonight, but we got the meal with gravy. Tonight, both New Frontier Corp. and HL Acquisitions filed to upsize their SPAC IPO offerings to cap off an extremely busy month on a high note. More
We Have Another SPAC Double Header Tonight HL Acquisitions Corp., just filed their CERT, so we have two SPACs now pricing for Thursday trading (the other being New Frontier). HL Acquisitions is a $42. More
SPACs...the Final Frontier? (For the Quarter at Least) Apologies for the Star Trek quote, but every time I hear "New Frontier," its all I can think of... New Frontier Corp., just filed their CERT, so as widely expected, this SPAC will be pricing their up-sized $230 million IPO tonight for trading Thursday. More
THE FINAL FOUR! It's only 10:15AM, but voting has been heavy this morning and the match between Cantor and EarlyBird is tight! Remember, voting ends at Midnight and the ultimate winner is based on TOTAL number of votes throughout the entire tournament. More
The Elite Eight Matches Voting ends at Midnight so there's still time...Get your votes in to see who makes the Final Four! Standings: Bofa 67% vs Credit Suisse 33% B. Riley FBR 100% vs. More
The Transaction includes a fully-committed equity capital commitment of up to $125 million from Nomura Securities International, Inc. Hennessy Capital Acquisition Corp. III, Daniel Hennessy's third SPAC focused on the industrial sector, announced this morning it has entered into a definitive agreement and to acquire NRC Group Holdings, a portfolio company of private equity firm, J. More
Chinh Chu, who lead the 2016 $600 million CF Corporation, looking to file SPAC #2 U.S. News and World Report just released an article stating that Chinh Chu, a former Blackstone Group dealmaker, has partnered with Pinnacle Foods Chairman Roger Deromedi, for a new SPAC focused on the consumer sector. More
Tournament Update of the SPAC Sixteen Matches We have a pretty decent match going on between BofA and Chardan. Chardan took the lead this morning, but BofA came back and is now leading 57% to 43%. More