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.
Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...
At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...
Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...