Terms Tracker for the Week Ending July 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 full week of July, we saw three new S-1 registration statements and, you guessed it, zero IPOs. More
ACE Convergence (NASDAQ:ACEV) announced this afternoon that its target, electronics manufacturer Tempo Automation, has terminated its merger agreement with Compass Diversified Holdings (NYSE: CODI). Concurrent with the business combination, Tempo had originally planned to acquire 100% of the issued and outstanding equity interests in Compass AC Holdings, Inc. More
Mountain Crest III (NASDAQ:MCAE) and a PIPE investor have mutually terminated a $250 million investment in connection to its proposed merger with healthcare group ETAO. The investor, SME Investment Group Co., had originally agreed to purchase 25,000,000 ordinary shares at deal announcement for an aggregate cash amount of $250 million at $10. More
August is here and vacation season is also lock-up expiration season with 15 companies and 20 sponsors coming unlocked this month. These two lists mostly overlap with the music streamer Anghami (NASDAQ:ANGH) the lone exception on the company side. More
Cetus Capital Acquisition Corp. (NASDAQ:CETSU) filed its S-1 Thursday morning for a $60 million IPO, marking the fourth SPAC to file for an IPO in July. Cetus has set its sights on acquiring a target business in the industrials, information technology and Internet-of-Things industries with a total enterprise value ranging from $200 million to $1 billion. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Playtech no longer pursuing SPAC deal with Caliente and NewAmsterdam Pharma doses first patient in phase 3 trial Playtech says no longer pursuing SPAC deal for unit of peer Caliente UK gambling software provider Playtech said on Friday it had stopped pursuing talks with Caliente Interactive for the Mexican sports betting firm's unit Caliplay to list publicly in the United States via a SPAC deal, citing weak capital market conditions. More
We spoke with Jim Zukin, the CEO & Chairman of Zukin Certification Services, and former Co-Founder of Houlihan Lokey, about his new product - the Reasonable Basis Review, or "RBR". The Reasonable Basis Review is intended to help SPAC sponsors follow SEC guidance as it relates to financial projections, but also allow their target companies to have financial projections reviewed and validated by a trusted third-party. More
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies on the supplying the world's new and existing metals resources. We look at why they are compelling and why each could be a fit for a blank-check merger. More
CHW Acquisition Corp. (NASDAQ:CHWA) announced in a press release this afternoon that its shareholders have approved its combination with dog-care service platform Wag at a special meeting held earlier today. A total of 13,050,501 ordinary shares, or 83. More
PROTONIQ Acquisition Corp. (NASDAQ:PROQ) filed its S-1 yesterday afternoon for a $100 million IPO, marking the third SPAC to file for an IPO in July. The SPAC has chosen to set its sights on companies globally, with a particular focus on opportunities in the Asia-Pacific (APAC) region. More
