First Reserve Sustainable Growth Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FRSGU,” Friday, March 5.
First Reserve Sustainable Growth Corp. intends to search for a target business that focuses on solutions, processes, and technologies that facilitate, improve, or complement the ongoing energy transition toward a low- or no-carbon emitting future. The company is being led by Chairman of the Board Alex T. Krueger and Chief Executive Officer and Director Neil A. Wizel.
Total SPAC deal count for 2021 year-to-date is now 228. This offering is expected to close on Tuesday, March 9.
Barclays and Goldman Sachs & Co. LLC are acting as joint book running managers of the offering. Vinson & Elkins L.L.P. is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Digital Asset Acquisition Corp. (NASDAQ:DAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DAAQU”, Tuesday, April 29, 2025. The new SPAC aims to combine with a target company in the digital asset and cryptocurrency sectors. Digital Asset Acquisition Corp.’s management team...
Real Asset Acquisition Corp. (NASDAQ:RAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RAAQU”, Tuesday, April 29, 2025. The new SPAC aims to combine with a target company in the quantum computing, metals/mining, rare earth and infrastructure sectors. Real Asset Acquisition Corp.’s...
Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) has filed for a $220 million SPAC to bring Israeli defense sector experience to a hunt for a target in that growing business sphere. The new SPAC is not over-funded and offers one right to a 1/7 share in each unit. It will have 18 months to initially close a deal,...
Columbus Circle I (NASDAQ:CCCMU) has filed for a $200 million SPAC to serve as an in-house SPAC led by underwriter Cohen & Company. The new SPAC is to have 24 months on its initial clock with a 1/2 warrant in each unit and will not over-fund its trust, instead including $10.00 per unit in the account...
At the SPAC of Dawn This week is set to be busy for SPACs at both ends of their processes as four SPACs are seeking to price their IPOs in the first two days of the week while six SPACs that are already trading have scheduled votes clustered on Wednesday and Friday. Distoken (NASDAQ:DIST) and...