Papaya Growth Opportunity Corp. I announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PPYAU” Friday, January 14.
The new SPAC intends to search for a target business operating in the software, internet, media, fintech, healthcare IT, or consumer industry sectors and to focus on vertical solutions driven by AI, marketplaces, platforms and networks. Papaya Growth Opportunity Corp. I is led by CEO Clay Whitehead, CFO and Secretary Daniel Rogers, President Alexander Spiro and Chairperson Patrick Pohlen.
Total SPAC deal count for 2022 year-to-date is now 13. This offering is expected to close on Tuesday, January 18.
Cantor is acting as the sole book-running manager for the offering. McDermott Will & Emery LLP is serving as Issuer’s Counsel with Elenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Citrin Cooperman & Company, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Starry Sea (NASDAQ:SSEAU) has filed for a $50 million SPAC with leadership that is making its debut as SPAC officers and a broad search mandate. The new SPAC is offering investors one right to a 1/6 share in each unit and a redemption opportunity coming at the end of its 15-month initial transaction deadline if...
At the SPAC of Dawn Israel’s bombing of sites in Iran has brought a new injection of uncertainty to the markets, which appear poised to open in the red. But, this may be a temporary factor after the week has also produced better-than-expected indicators on inflation. One more data point is set to come in...
Best SPAC I Acquisition Corp. (NASDAQ:BSAAU) announced the pricing of its $55 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BSAAU”, Friday, June 13, 2025. The new SPAC plans to combine with a consumer goods company with a total enterprise value between $100 million and $600 million....
Blue Acquisition Corp. (NASDAQ:BACCU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BACCU”, Friday, June 13, 2025. The new SPAC intends to combine with a target company within a manufacturing company or data center that aligns with green energy initiatives and...
1RT (NASDAQ:ONCHU) has filed for a $150 million SPAC with confident terms in a market that has been recently much more welcoming to SPAC issuance. The new SPAC is including 1/4 warrants in its units, which is the slimmest warrant coverage offered by a newly-filed SPAC since Cohen Circle II (NASDAQ:CCIIU) put out its own...