Shepherd Ave Capital Acquisition Corp. (Nasdaq: SPHAU) is the latest SPAC to file to IPO, making 24 new registration statements that have filed since June 1, 2024. So far, only two of those 24 have gone public, but it does indicate an active August. In SPACLand at least, August is never slow. As for Shepherd...
Launch Two (NASDAQ:LPBBU) has filed for a $200 million IPO that shows how the market has shifted for new issuance since its sister SPAC Launch One (NASDAQ:LPAAU) filed just over a month ago. Both SPACs are underwritten by Cantor Fitzgerald and seeking nominally the same raise at IPO, but Launch Two is overfunding its trust...
Vine Hill Capital Investment Corp. (NASDAQ:ESPAU) has filed for a $200 million IPO, which marks underwriter Stifel Nicolaus’ return to the SPAC market after a hiatus of over two years. Stifel last served as a book-runner for a SPAC when filing for Kensington Capital IV in January 2022 and hasn’t acted as left-lead since Spree...
Expectation Acquisition Corporation (NASDAQ:ESPAU) has filed to bring another Oppenheimer alum back to the market with a $60 million SPAC IPO. That officer is Expectation CFO Chi Zhuang, who started out as an equity research associate at the firm’s New York office in 2014. This overlapped with a period when Lewis Silberman, co-CEO of yesterday’s...
GSR III Acquisition Corp. (NASDAQ:GSRTU) has filed to be the latest repeat team to return to the SPAC market with a $200 million IPO with terms that differentiate it from the majority of the recent crop. Led by co-CEOs Gus Garcia and Lewis Silberman, the team has experience from both managing a bevy of SPACs...
Bleichroeder Acquisition Corp I (NASDAQ:BACQU) has filed to be the second SPAC brought to market by Santander in 2024, aiming to raise $250 million without the help of anchor investors. Many of Bleichroeder I’s terms are familiar in the current market with its trust initially funded to 100.0% with $10.00 in its units to start...
Dynamix has filed for a $150 million IPO to hunt for targets in the energy space and becomes the first SPAC underwritten by Cohen & Company to file since late May. Like that last SPAC, Melar I (NASDAQ:MACIU), Dynamix is to be funded to 100.0% with $10.00 per unit and 1/2 warrants included initially. It...
June finished the half strong for the SPAC market, which was capped off by Cayson (NASDAQ:CAPNU) and Calisa (NASDAQ:ALISU) each filing for $60 million IPOs with EarlyBirdCapital underwriting on the last trading day of the month. These two have been grouped together here due to the great number of similarities they bear in their terms....
Andretti II (NASDAQ:AAMU) has filed for an IPO as the largest of the trio of new SPACs to file late last week, seeking $200 million with a repeat team. It is in fact the first repeat SPAC team that underwriter BTIG has nailed down in 2024 and the SPAC’s terms are highly similar to that...
AA Mission (NASDAQ:AAMU) has filed to be underwriter Clear Street’s second SPAC IPO, this time shooting for double the raise with $300 million before over-allotments. The vehicle becomes the first SPAC to be filed with an overfunded trust in two months. It will have $10.05 per unit in trust from the start, which may have...