Burgundy Technology Acquisition Corp. (BTAQU) announced the pricing of its $300 million IPO tonight and the units are expected to begin trading on the Nasdaq tomorrow, Thursday, August 27th, under the symbol BTAQU.
Burgundy Technology Acquisition Corp. intends to focus on technology companies with potential to create compound growth and long-term value. The company will be led by Leo Apotheker as Chairman of the Board and Co-CEO, and Jim Mackey, as Co-CEO, CFO, Secretary and Director.
Total SPAC deal count for 2020 year-to-date is now 80 with $32.6 billion in gross proceeds raised. This offering is expected to close on Monday, August 31, 2020.
Mizuho Securities USA LLC is acting as the global coordinator and joint book-running manager for the offering. I-Bankers Securities, Inc. is acting as co-manager. Debevoise & Plimpton LLP serve as Issuer’s Counsel with Greenberg Traurig LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC, serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
AlphaTime Acquisition Corp. (NASDAQ:ATMC) filed its S-1 yesterday morning for a $60 million IPO as the second SPAC to file for an IPO in December thus far. The new SPAC has set its sights on businesses in Asia that have the potential to generate strong, stable, and increasing free cash flow, particularly businesses with predictable revenue streams...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC Liquidations: Mission Advancement Acquisition Corp., and Clarim Acquisition Corp. Mission Advancement Acquisition Corp. Shareholders Approve Liquidation Date Amendment On December 6, 2022, the stockholders of Mission Advancement Corp. approved an amendment to allow...
BYTE Acquisition Corp. (NYSE:BYTS) announced this afternoon that its special meeting to extend its deadline, originally scheduled for Tuesday, December 20, 2022, has been postponed. The SPAC has not yet disclosed the new date for the meeting, but it is expected to be announced at a later date. BYTE did note that it intends to...
D and Z Media Acquisition Corp. (NYSE:DNZ) announced this afternoon that its special meeting, originally scheduled for 12:00 p.m. today, was convened and then adjourned, without conducting any business, to 1:30 p.m. on December 19. As of now, DNZ has a completion deadline of January 28, 2023, but is hoping to seek shareholder approval to add an extra...
EDOC Acquisition Corp. (NASDAQ:ADOC) has entered into a definitive agreement to combine with food oil processing company Australian Oilseeds at an enterprise value of $190 million. Australian Oilseeds manufactures food-grade, edible oils through several subsidiaries. Transaction Overview EDOC has an estimated $21.3 million in its current trust after seeing about 77.5% redemptions in extension votes....