SHUAA Partners Acquisition Corp. I announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SHUAU” Wednesday, March 2.
The new SPAC intends to focus its search on a target with prospective operations within the technology and / or tech-enabled financial services sectors, across the high growth markets of the Middle East, North Africa, and Turkey region. SHUAA Partners I is led by CEO Fawad Tariq Khan, and CFO Mohammed El Beitam.
Total SPAC deal count for 2022 year-to-date is now 47. This offering is expected to close on Friday, March 5.
BTIG, LLC is acting as sole book-running manager for the offering and I-Bankers Securities, Inc. is acting as co-manager. Baker Botts L.L.P. is serving as Issuer’s Counsel with Kirkland & Ellis L.L.P. serving as Underwriter’s Counsel. BDO USA, LLP serves as an auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...