A SPAC III Acquisition Corp. (NASDAQ:ASPCU) announced the pricing of its $55 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ASPCU”, Friday, November 8, 2024.
The new SPAC intends to seek out a target company with strong ESG principals in the material technology sector with potential for recurring revenue and cash flow.
A SPAC III is led by Chief Executive Officer, Chief Financial Officer and Chairman Claudius Tsang. The Board also includes Xiangge Liu, Wong Yi Dung Eden and Pang Wai Yuen Marvin.
Total SPAC deal count for 2024 year-to-date is now 46. This offering is expected to close on Monday, November 11, 2024.
Maxim Group LLC is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WWC, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Armada Acquisition Corp. II (NASDAQ:AACIU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AACIU”, Wednesday, May 21, 2025. The new SPAC aims to combine with a target company in the financial services (“FinTech”), Software-as-a-Service (“SaaS”), or generative artificial intelligence (“AI”) industries...
LightWave (NASDAQ:LWACU) has filed for a $150 million SPAC with a team of technology specialists and a Board that has advised many SPACs in the CF series. The new SPAC breaks a streak of seven straight new S-1s filed for vehicles with rights and no warrants in their units. LightWave’s units are to each contain...
SPACInsider contributor Henrique Santa Rosa this week compiled his three favorite potential SPAC targets among potential targets in Brazil. We look at why they are compelling and why each could be a fit for a blank-check merger. Brazil is both South America’s largest economy and most populous, making it a ripe target for SPACs. But,...
At the SPAC of Dawn Welsbach Technology Metals (OTC:WTMA) have given some extra reading material for shareholders ahead of its vote to approve its combination with Evolution Metals next month in the form of the duo’s first investor presentation for the deal. The presentation details Evolution’s plan to build up a rare earth processing facility...
At the SPAC of Dawn A busy week of Fed speaking engagements is set to follow this week after Moody’s late Friday downgrade of US debt, which has left markets in the red through the weekend. SPACs may dodge some of the early fallout from the from the switch from AAA to AA1, as none...