Terms Tracker for the Week Ending April 29th, 2022 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. For the last week of April, we saw two new S-1 registration statements, one shy from last week, and three IPOs, two more than the week prior. More
As we roll towards the midpoint of Q2, nine sponsor lock-ups and 10 company lock-ups will be expiring for a raft of SPAC deals. On the company lock-up side, these 10 de-SPACs closed Thursday with an average share price of $6. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: DWAC jumps after Trump posts on Truth Social, and Eve provides business updates Stock of SPAC Buying Truth Social Jumps After Trump Posts for First Time in Months Shares of Digital World Acquisition Corp. More
Ignyte (NASDAQ:IGNY) has entered into a definitive agreement to combine with biotech firm Peak Bio at an enterprise value of $205 million. Silicon Valley-based Peak Bio is currently developing treatments for respiratory illnesses and cancer. More
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies developing ghost kitchen business models. We look at why they are compelling and why each could be a fit for a blank-check merger. More
SV (NASDAQ:SV) announced this afternoon that its shareholders have voted to approve its combination with nuclear power provider NuScale Power in a special meeting held today. The SPAC announced its redemption results yesterday, disclosing that shareholders elected to redeem an aggregate of 8,619,631 shares, or approximately 37. More
Intends to list SPARS on OTC instead This afternoon, Pershing Square SPARC Holdings, which is the affiliate of Pershing Square Tontine Holdings (NYSE: PSTH), put out a press release stating they intend to withdraw their proposed amendment to the New York Stock Exchanges listing rules that would have allowed SPARC warrants, or “SPARs", to trade on the NYSE. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Dubai's Averda plans IPO after ditching SPAC talks, Truth Social back on top of Apple's App Store, and springbig partners with Tymber Dubai's Averda Explores IPO After Ditching SPAC Merger Talks Averda is exploring an initial public offering in Saudi Arabia or the United Arab Emirates, according to people familiar with the matter, the latest firm seeking to join a wave of listings in the Persian Gulf. More
Mallard (NASDAQ:MACU) announced this morning that it plans to begin liquidating its trust on April 29, after facing high redemptions connected with its April 25 vote to extend its transaction deadline to October 29. More
Monterey Capital Acquisition Corp. (NASDAQ:MCAC) was the third SPAC to file its S-1 last week and has set its sights on combining with a company in the clean transition economy. More
