Thoma Bravo Advantage announced the pricing of its $900 million IPO this evening and its shares are expected to begin trading on the NYSE under the symbol “TBA” Friday, January 15.
The new company aims to combine with a market-leading, fast-growing software franchise with recurring revenue streams in a fragmented market. Thoma Bravo Advantage is led by CEO Robert Sayle, CFO Amy Coleman Redenbaugh and Corporate Secretary Steven Schwab.
Total SPAC deal count for 2021 year-to-date is now 52 with $14.4 billion in gross proceeds raised. This offering is expected to close on Wednesday, January 20.
Citigroup, Deutsche Bank Securities, Goldman Sachs & Co. LLC and Credit Suisse are serving as underwriters for the offering. Cadwalader, Wickersham & Taft LLP is serving as Issuer’s Counsel with Latham & Watkins LLP serving as Underwriter’s Counsel. WithumSmtih+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
Starry Sea Acquisition Corp. (NASDAQ:SSEAU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SSEAU”, Friday, August 8, 2025. The new SPAC plans to mount a generalist search for a target company that has the potential to generate attractive returns. Starry Sea’s...
SilverBox IV (NYSE:SBXD) has entered into a definitive agreement to combine with digital asset manager Parataxis Capital at a pro forma equity value of $393.4 million. Parataxis is building the first crypto treasury listed in South Korea and plans to generate continued yields from the Bitcoin holdings it amasses. The combined company is expected to...
At the SPAC of Dawn The pace of SPAC deal announcements continues to heat up in August, which is typically a slow time of year in the capital markets. Consider that in all of Q1 2025, there were only 12 total deal announcements, and just 17 in Q2. We’re only halfway through Q3, but SPACs...
Iris II has filed for a $150 million SPAC with a partially revamped sponsor team and some new bells and whistles in its terms to join the new generation of vehicles in the hunt. The new SPAC is offering investors a 1/2 warrant in each unit and will be funded to the standard 100.0% with...
Simon Irish, CEO Terrestrial Energy, and Shawn Matthews, CEO & Chairman HCM II, Discuss Emerging Trends and Nuclear Power What many of the biggest trends in emerging technology today have in common is that they require significantly more electricity and reliable means of receiving it efficiently. This week, we speak with Simon Irish, CEO of...