UPDATES BELOW: Modern Media Acquisition Corp. (MMDM), which had their shareholder vote today to approve their combination with Akazoo Ltd., released their vote results and there were, surprisingly, few redemptions. Only 48,719 shares redeemed at an estimated $10. More
This afternoon, Constellation Alpha Capital Corp. (CNAC), released the details of their shareholder vote to approve their merger with Dermtech, Inc., and there weren't any surprises. The combination was approved with 4,218,390 "yes" votes and only 450,000 votes in the "no" column, however, 714,075 shares opted to redeem. More
Late Friday evening, we had a second IPO filing with New Providence Acquisition Corp., a $200 million consumer focused SPAC being led by Alex Coleman and Gary Smith. Alex Coleman will be leading as Chairman and Chief Executive Officer, while Gary Smith will be the co-Chief Executive Officer and Director. More
Late Friday, Experience Investment Corp. filed for a $250 million travel and leisure focused SPAC, tee-ing up a mid-September IPO. And "tee-ing" seems appropriate given that Experience will be led by Eric Affeldt, who was evidently "rated the most powerful person in golf by Golf Inc. More
Early this afternoon, Big Rock Partners Acquisition Corp. (BRPA), released the details of their shareholder vote to approve their extension deadline to November 22, 2019, from August 22, 2019. As a result, the Company's Sponsor will be contributing $0. More
Legacy Acquisition Corp. (LGC), announced this morning that it has entered into a definitive share exchange agreement with the Blue Impact group business — a digital-first, global advertising and marketing services group (the “Blue Impact business”), a subsidiary of Blue Focus Intelligent Communications Group (“BFICG”), LLC. More
And a possible clean-up of the Rights. GigCapital, Inc. (GIG) announced earlier this afternoon that it had begun its "de-SPACing" process via a press release and then later, an 8-K filing. More
Early this afternoon, Apex Technology Acquisition Corp. filed for a $275 million software/technology focused SPAC, ending the late-summer IPO drought. If you recall, the last SPAC to file for IPO was Silver Spike, which debuted more than three weeks ago on July 22nd. More
Trinity Merger Corp. (TMCX), announced their combination with Broadmark on Monday, and also included in the filed documents was a proposed amendment to the warrant agreement. However, how the way the language was worded was very confusing. More
Legacy Acquisition Corp. (LGC), the $300 million consumer-focused SPAC led by Edwin Rigaud, filed a preliminary proxy this morning with a proposal to extend their deadline from November 21, 2019 to January 21, 2020. More
