Chamath Palihapitiya says, 'Rona what? In an otherwise gloomy day of non-stop Coronavirus news and market oscillation, we did have the Friday gift of not one, but TWO new IPO filings from Social Capital Hedosophia. More
Pensare's combination with Computex is approved. This morning, Pensare Aquisition Corp. (WRLS), released the results of their shareholder vote held yesterday to complete their transaction with Computex. As expected, we did not get any redemption information in this filing, but the vote does show that shareholders approved the combination. More
(And it's their Previous Auditor) Fellazo, Inc. (FLLC), which has been working through a number of issues with the Nasdaq regarding their listing requirements, as well as putting in place a new "Sponsor Transfer Agreement" with TKK Capital Holdings, announced tonight that they have appointed Marcum LLP, as their new independent registered public accounting firm, effective February 21, 2020. More
This is turning into "Extension Wednesday". In addition to Tiberius and Big Rock Partners filing for extensions tonight, Gordon Pointe Acquisition Corp. (GPAQ), also filed a preliminary proxy to extend their deadline 45 more days. More
Big Rock Partners Acquisition Corp. (BRPA), filed a preliminary proxy statement this evening to extend their current deadline from March 23, 2020 to an as-yet-to-be-determined date. However, this will be BRPA's fourth extension vote since their IPO on November of 2017. More
Tiberius Acquisition Corp. (TIBR), announced today that in addition to their shareholder vote to complete their business combination with International General Insurance Holdings Limited ("IGI"), on March 13th, 2020, they will also be holding an extension vote on March 19th. More
Last night, the GigCapital team filed for their third SPAC with the $200 million GigCapital3, Inc. (GIK.U). Gig3 will be focusing on the technology, media and telecom sectors and will once again be led by Avi S. More
How should SPACs prepare for the Coronavirus? About three weeks ago, when it looked like we might be able to get away with the Coronavirus being contained to just China, it was theorized here that the effect would primarily only be felt by the announced SPAC deals. More
Carol Anne Huff, is back again with a timely look at registration statements. Specifically, the registration statements that are used by de-SPAC'd companies to register shares post-combination close, including the shares underlying the public warrants. More
Tonight's notable news below. NEW 1/4 WARRANT SPAC: DFP HEALTHCARE ACQUISITIONS CORP. (DFPHU) We had SPAC #14 file to IPO tonight with the $200 million DFP Healthcare Acquisitions Corp., the follow-up effort to DFB Healthcare Acquisition Corp. More
