Oaktree Acquisition Corp. III Life Sciences announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OACCU”, Thursday, October 24, 2024.
The new SPAC plans to combine with a healthcare target or one in a healthcare-related industry in North America or Europe.
The sponsor team for Oaktree III is to be led by Chairman John Frank, Chief Executive Officer Zaid Pardesi, Chief Operating Officer Mathew Pendo, and Chief Financial Officer Courtney Conigliaro. Its Board is to be made up of Aman Kumar, Paul Meister and Alvin Shih.
Total SPAC deal count for 2024 year-to-date is now 39. This offering is expected to close on Friday, October 25, 2024.
Jefferies, Citigroup Global Markets Inc., and UBS Securities LLC are serving as the joint book-running managers for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Wen Acquisition Corp (NASDAQ:WENNU) announced the pricing of its $261 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WENNU”, Friday, May 16, 2025. The new SPAC aims to combine with a fintech target focused on enabling digital assets through the integration of blockchain networks into traditional financial...
Blue (NYSE:BACCU) has filed for a $150 million SPAC that will take a generalist search process, but it hopes to come down with an industrial target. The new SPAC is the 11th in a row to file without an offer to overfund its trust. It offers investors one right to a 1/10 share in each...
Axiom Intelligence Acquisition Corp. 1 (NYSE:AXINU) has filed for a $150 million SPAC that will look for opportunities among infrastructure targets in both the physical and digital spheres. The new SPAC is not overfunded and has one right to a 1/10 share in each unit with 24 months to initially complete a business combination. The...
At the SPAC of Dawn After several days of rallying, US futures are red in anticipation of Core PPI readings this morning followed by a raft of industrial and home-building indicators. In the meantime, several de-SPACs have continued to report notable results in their latest earnings. Automotive parts firm Carbon Revolution (NASDAQ:CREV) achieved record revenue...
Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RTACU”, Thursday, May 15, 2025. The new SPAC aims to combine with a US-based target company in the cryptocurrency and blockchain, data security and dual use...