Independence Holdings Corp. announced the pricing of its upsize $435 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ACQRU,” Tuesday, March 9.
The new company aims to combine with a leading fintech or payments technology target valued between $1 billion and $5 billion. Independence is led by Co-Chairmen Steven J. McLaughlin and Eugene Yoon alongside CEO John Lawrence Furlong and CFO Jaskaran Heir.
Total SPAC deal count for 2021 year-to-date is now 232. This offering is expected to close on Thursday, March 11.
Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. acted as the joint book running managers for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
At the SPAC of Dawn Equities and crypto trading platform eToro has at long last priced its IPO and it is expected to begin trading later today have secured a debut price at $52, above its $46-to-$50 range. This price still values the company at about $4.2 billion, which is less than half of the...
Churchill Capital Corp X (NASDAQ:CCCXU) announced the pricing of its upsized $360 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCXU”, Wednesday, May 14, 2025. The new SPAC aims to conduct a broad search for a business combination target leveraging its teams existing network and expertise. Churchill...
Jena II (NYSE:JENAU) has filed for a $200 million SPAC that brings serial SPAC leader William P. Foley II and his team back into the ring. This pedigree is clear in the terms the team has been able to command with just one right to a 1/20 share in each unit and 24 months to...
At the SPAC of Dawn Investors are set to get an update on Core CPI inflation readings this morning as de-SPACs continue to report on operational advances alongside their first quarter earnings. Among them, eVTOL developer Archer (NYSE:ACHR) noted that it is on track to deliver its first Midnight aircraft to the UAE in the...
Perimeter Acquisition Corp. I (NASDAQ:PMTRU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PMTRU”, Tuesday, May 13, 2025. The new SPAC aims to combine with a target company with that can contribute to the re-industrialization of the United States economy,...