M3-Brigade Acquisition V Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol "MBAVU", Thursday, August 1, 2024. More
August is set to be a relatively busy month with 11 SPAC sponsors and nine target companies gaining their first chance at liquidity with their lock-ups expiring, although this particular crop of companies may not see an immediate rush to trade. More
When Chain Bridge I (NASDAQ:CBRG) announced July's fourth business combination last week, it accompanied the news with a relatively light helping of detail on the transaction and target. More
The story of the Summer 2024 so far has been the return of serial SPAC sponsors to the market after many waited out the choppy waters of 2022-2023. That’s good news for the SPAC market as a whole, but also for investors looking to pick a winner. More
Churchill VII (NYSE:CVII) has been buying time for the completion of its combination with private equity firm CorpAcq for nearly two months, pushing its original completion vote from May 21 to July 25 and then on to August 12. More
The SPAC market is pivoting into the final week of July that is chock-full of votes. Ten SPACs are to see their shareholders weigh in this week starting tomorrow with Focus Impact BH3's (NASDAQ:BHAC) extension and Armada I's (NASDAQ:AACI) special meeting to complete its combination with adtech firm Rezolve. More
Terms Tracker for the Week Ending July 26, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. This week saw one SPAC IPO price from DT Cloud Star Acquisition Corporation (Nasdaq: DTSQU), the $60 million offering underwritten by A. More
As a rough week in the market comes to a close, at least one de-SPAC has some cause to show off. Many fashion brands were among the hard hit in recent days and not simply for macro reasons. More
Shepherd Ave Capital Acquisition Corp. (Nasdaq: SPHAU) is the latest SPAC to file to IPO, making 24 new registration statements that have filed since June 1, 2024. So far, only two of those 24 have gone public, but it does indicate an active August. More
SPACs have now priced 20 IPOs seven months into 2024 with an eye on beating 2023's total of 31 IPOs. With a little more than 5 months left in the year, it's expected that SPACs should at least match that number by only needing to price roughly two IPOs per month. More
