Blue Whale Acquisition Corp. I announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “BWCAU”, Wednesday, August 4.
The new company aims to combine with a high quality business in the media or entertainment industry that has a simple business model. Blue Whale Acquisition Corp. I is sponsored by Mubadala Capital, the asset management subsidiary of Mubadala Investment Company PJSC (“Mubadala”), a leading global sovereign investor headquartered in Abu Dhabi, with more than $243 billion of assets under management. The Company is led by Maxime Franzetti, Head of Public Equities and SPACs at Mubadala Capital, Adib Mattar, Head of Private Equity at Mubadala Capital and Russ Pillar, Founder and Executive Chairman of Reigning Champs, the world’s largest NCAA-compliant path-to-college company for student-athletes, and Senior Advisor to Mubadala Capital.
Total SPAC deal count for 2021 year-to-date is now 391. This offering is expected to close on Friday, August 6.
Goldman Sachs & Co. LLC and BofA Securities are acting as book-running managers in the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...