Below are the recently released Q-2 & 1st Half 2019 SPAC IPO Underwriting League Tables Methodology: In addition to the traditional methodology used whereby any bookrunner or lead manager gets full credit for IPO size to calculate deal volume, there are two additional rankings - volume by number of units sold and volume sold % market share (highlighted in green). More
Below are the recently released Q-2 & First Half 2019 SPAC IPO Legal League Tables The legal league tables had a few surprises in the second quarter. Notably, Winston & Strawn climbed to #1 based on total deal volume with $1. More
And one of the new SPACs has a 1/4 warrant... this is BIG news. In the interest of it being the happiest of hours...a brief summary has been provided below. A more thoughtful analysis will be provided later. More
We had yet another new SPAC filing on Wednesday evening, with the addition of Orisun Acquisition Corp. (ORSNU), a $40 million SPAC IPO focused on what the team is calling the "High Tech" sector. More
Congratulations to BofA Merrill Lynch! BAML is the 2019 SPACInsider Underwriters League Tournament Champion! As winner, BAML will be receiving the SPACInsider Underwriters League Champion Award, sponsored by Refresh Creations. (Below is a picture of last year's award. More
FINALS: GET YOUR VOTES IN!! After some HEAVY voting last night (and I mean, HEAVY), BofA Merrill Lynch and BTIG won their battles to move into the final round. (Seriously, twice the amount of votes as Round Two). More
Churchill Capital Corp. II (CCX.U), announced the pricing of their upsized $600 million SPAC IPO this evening. Churchill II's units are expected to begin trading tomorrow, June 27th, under the symbol NYSE: CCX. More
This afternoon, Black Ridge Acquisition Corp. (BRAC), announced that they have entered into a Letter Agreement for another $5 million backstop in addition to their previous $5 million backstop with TV Azteca. More
Increases Deal Size to $600 Million. Churchill Capital Corp. II, filed an amended prospectus this afternoon, increasing their deal size to $600 million. Demand has been BIG for this deal, so an upsize this large is completely do-able. More
THE FINAL FOUR! It's only 12:30PM, but voting was heavy this morning and BofA and Stifel came out strong. However, both matches are now neck and neck with Deutsche Bank and BTIG fighting their way back into contention! More
