This afternoon, CM Seven Star Acquisition Corp. (CMSS), released additional information regarding their recent shareholder vote to approve their business combination with Kaixin Auto Group (“Kaixin”) and Renren (NYSE: RENN). Of particular interest, an aggregate of 20,403,667 ordinary shares were redeemed. More
Late last night, CM Seven Star Acquisition Corp. (CMSS), announced the approval of their business combination with Kaixin Auto Group (“Kaixin”) and Renren (NYSE: RENN) and the results of their shareholder vote. More
But there will be NO additional contribution to trust... GigCapital, Inc. (GIG) filed their Definitive Proxy this afternoon and while there was always the hope that they would drop in an additional contribution to trust while it was still a Preliminary Statement, that hope is gone now. More
Have you ever had a SPAC question and wished you could ask a lawyer? Well, you're in luck. Doug Ellenoff and Stuart Neuhauser, from the law firm of Ellenoff Grossman & Schole, who are consistently at the top of the SPAC Legal League Tables, are here to answer your submitted questions. More
In addition to Proficient Alpha, Friday evening had a bonus new IPO filing with the debut of the $250 million Gx Acquisition Corp SPAC. Gx is being led by Jay Bloom and Dean Kehler, the co-founders of Trimaran Capital. More
I-Bankers to be sole book-runner on a SPAC for the very first time Friday evening, Proficient Alpha Acquisition Corp. (PAACU) filed for a $100 million SPAC focusing on financial services in Asia and primarily China. More
Act II Global Acquisition Corp. (ACTTU), announced the pricing of their $261 million SPAC IPO tonight and the units are expected to begin trading tomorrow, April 26th, under the symbol Nasdaq: ACTTU. More
Act II Global Acquisition Corp. (ACTTU), filed their 8-a12b yesterday and is getting ready to price their $250 million "Better-for-you" focused SPAC tonight. Act II most recently dropped J.P. Morgan as its lead underwriter giving Cantor the chance to sole book-run. More
Pensare Acquisition Corp. (WRLS), announced today that it intends to convene and then adjourn its Special Meeting which was originally scheduled for tomorrow, April 26th. Instead, the meeting will now take place on Monday, April 29th. More
Churchill Capital Corp. Churchill Capital Corp. announced they have set the date for their special meeting to vote on their business combination with Clarivate Analytics Plc. The shareholder vote will take place on May 13, 2019, with a Record Date of April 10th. More
