FinServ Acquisition Corp. (FSRVU), announced the pricing of their upsized $220 million SPAC IPO this evening. FinServ’s units are expected to begin trading Friday, November 1st, under the symbol Nasdaq: FSRVU. More
Osprey Technology Acquisition Corp. (SFTW.U), announced the pricing of their upsized $275 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Friday, November 1st, under the symbol NYSE: SFTW. More
KBL Merger Corp. IV (KBLM), filed a preliminary proxy this afternoon proposing to extend their current completion deadline of December 9, 2019 to April 9, 2020. KBLM announced they had signed a definitive agreement with CannBioRx, back on July 26, 2019, three months ago, but this new extension will give them an additional four months to close their combination. More
But by only one week.... Pivotal Acquisition Corp. (PVT), put out a press release this morning announcing it has entered into an amendment to its definitive agreement with KLDiscovery (“KLD”), moving the outside date to consummate the proposed merger from October 31, 2019 to November 6, 2019. More
Greenland Acquisition Corp. (GLAC), now Greenland Technologies Holding Corp. (GTEC), filed an 8-K this afternoon and included in the filed document was information regarding redemptions at their recent shareholder vote. Specifically, at Greenland's vote to complete their combination with Zongchai Holdings, 3,794,057 Ordinary Shares were redeemed for $39,303,238 or, $10. More
Well, this is timely....we've had another "deal leak" tonight, right on the heels of the Churchill II/Univision leak, but this time, it's Diamond Eagle (DEAC) and DraftKings. Per the article posted tonight on Bloomberg, DraftKings Inc. More
In no particular order, the below is a summary of this morning's SPAC news. TPG PACE HOLDINGS CORP. (TPGH) TPG Pace Holdings Corp. (TPGH), filed their final proxy and set their shareholder vote to complete their business combination with Accel Entertainment, Inc. More
Mosaic Acquisition Corp. (MOSC), the $345 million SPAC proposing to combine with Vivint Smart Home, Inc. (“Vivint”), filed a new preliminary proxy/S-4 today with an important change. Specifically, the previous Maximum Redemption Condition that no fewer than 10,350,000 shares redeem at closing can now be waived by Vivint. More
Early this morning, Social Capital Hedosophia Acquisition Corp., now Virgin Galactic (SPCE), filed an 8-K, post-closing of their combination. It's was a big filing with no less than 16 exhibits included, but if you scrolled to the bottom of the 8-K, there is a link to the unaudited pro forma financial information. More
LEISURE ACQUISITION CORP. (LACQ) Leisure Acquisition Corp. (LACQ), as expected, filed a definitive proxy this evening setting their extension vote date for Novmber 26, 2019. Leisure is asking for four additional months to complete a business combination, which would move their deadline date to April 5, 2020. More
