Bullpen Parlay Acquisition Company announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BPACU” Friday, December 3.
The new SPAC intends to specifically focus on companies with digital-first products and services that also intersect with offline and physical customer experiences. Bullpen Parlay is led by Executive Chairman Paul Martino, CEO David VanEngmond, President Eric Weisen, and EVP Duncan Davidson.
Total SPAC deal count for 2021 year-to-date is now 568. This offering is expected to close on Tuesday, December 7.
Citigroup Global Markets Inc. is acting as sole book running manager for the offering. Sidley Austin LLP is serving as Issuer’s Counsel with Reed Smith LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Blue Room Acquisition Corp. (NASDAQ:IBLUU) submitted its S-1 filing this morning for a $200 million IPO. The new SPAC has set its sights on targets in the financial sector, ranging in market value between $250 million and $500 million, and primarily situated in the U.S. Its primary objective is to identify an innovative company leveraging...
Perception Capital Corp IV (NYSE:RCFA) has entered into a definitive agreement to combine with mining firm Blue Gold for $114.5 million in equity consideration. London-based Blue Gold has been developed as a platform to acquire gold mining assets in Ghana. The combined company is expected to trade on the NYSE once the deal is completed...
Zalatoris II Acquisition Corp.(NASDAQ: ZLS) has entered into a definitive agreement to combine with modular construction company Eco Modular at an enterprise value of $600 million. Dublin, Ireland-based Eco Modular uses modular construction techniques that allows it to build ecologically clean and sustainable buildings while saving energy and time. The combined company is expected to trade...
This week, we speak with iLearningEngine’s CEO Harish Chidambaran and Matt Safaii, Chairman and CEO of Arrowroot Acquisition Corp. (Nasdaq: ARRW). The two announced a $1.4 billion deal in April. AI may be the major buzzword of 2023, but iLearningEngines has been working on AI tools since 2010. Now, it hopes to use a SPAC transaction as its next step....
At the SPAC of Dawn SPACs continue to love EVs, but the Biden administration is throwing cold water on at least some of the party as the US will no longer offer a $7,500 tax credit for EV purchases if their battery was produced in China. This only affects some EV de-SPACs, but it would...