An In-Depth Look at SPAC Activity Through the First Half of 2024 Below is a summary of the year-to-date SPAC performance. Q2-2024 started off slow with the usual April doldrums, but SPAC activity has since picked up speed. More
Terms Tracker for the Week Ending June 28, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. As mentioned previously, this is going to an abbreviated summary this week since we're hard at work summarizing the quarter and the first half of the year. More
July is the first month in some time with a 1-to-1 overlap between the companies and the sponsors that are being released from lockups. Overall, this group is currently trading at a split-adjusted median share price of $1. More
The Nasdaq announced it has halted trading for Canna-Global (NASDAQ:CNGL), and not for any of the usual reasons, but rather for a request of information following a particularly unusual issuance of shares. More
Arogo Capital (NASDAQ:AOGO) has entered into a definitive agreement to combine with cannabis firm Ayurcann (CSE:AYUR) at an enterprise value of $210 million. Ayurcann sells cannabis products primarily direct-to-consumer in Canada and is a leading brand in Ontario. More
The trend of Trump Media's (NASDAQ:DJT) stock performance serving as a proxy for odds-making on Donald Trump's likelihood of re-election and general enthusiasm on the right appears to be continuing. More
AA Mission (NASDAQ:AAMU) has filed to be underwriter Clear Street's second SPAC IPO, this time shooting for double the raise with $300 million before over-allotments. The vehicle becomes the first SPAC to be filed with an overfunded trust in two months. More
May and June have seen a resurgence in new SPAC issuance, but activity on the back end of SPAC processes had been lagging with few deal closings or fresh definitive agreements announced. More
Goldenstone (NASDAQ:GDST) has entered into a definitive agreement to combine with hydrogen energy firm Infintium at an enterprise value of $130 million. Greer, South Carolina-based Infintium makes hydrogen fuel cell power packs for industrial fork lift clients. More
Coliseum (NASDAQ:MITA) has entered into a definitive agreement to combine with agtech firm Rain Generation Technology at an pre-money equity valuation of $45 million. Naples, Florida is working to commercialize technology that ionizes the air at select times to generate additional rainfall over a selected area. More
