Tuscan Holdings Corp. II (THCAU), announced the pricing of their surprise upsized $150 million SPAC IPO this evening. Tuscan II’s units are expected to begin trading Friday, July 12th, under the symbol Nasdaq: THCAU.
Tuscan II, much like the first Tuscan, will be focusing on the Cannabis sector and will be led by Stephen Vogel.
Total SPAC deal count for 2019 year-to-date is now 30 with $7.225 billion in gross proceeds raised. The offering is expected to close on July 16, 2019.
Congratulations to all.
EarlyBirdCapital, Inc. acted as sole book-running manager, I-Bankers Securities, Inc. acted as co-manager.
Graubard Miller and Ellenoff Grossman & Schole LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively.
Perimeter Acquisition Corp. I (NASDAQ:PMTRU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PMTRU”, Tuesday, May 13, 2025. The new SPAC aims to combine with a target company with that can contribute to the re-industrialization of the United States economy,...
Horizon Space II (NASDAQ:HSPT) has signed a definitive agreement to combine with clinical stage biotech firm SL Bio Ltd. for $5.57 billion in equity consideration. Taipei, Taiwan-based SL Bio is developing drug candidates to treat several cancer types while also selling over-the-counter beauty products derived from natural extracts. The combined company is expected to trade...
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Terms Tracker for the Week Ending May 9, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. After the sprint that was last week, with nine IPOs and six new SPAC filings, this week took a breather. Only two SPACs priced, there...
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