Dragoneer Growth Opportunities Corp. (DGNR.U), announced the pricing of their $600 million SPAC IPO this evening and the shares are expected to begin trading tomorrow, Friday, August 14th, under the symbol NYSE: DGNR.U.
Dragoneer Growth Opportunities will be led by Marc Stad, as Chairman and Chief Executive Officer, and Pat Robertson, as President, Chief Operating Officer and Director.
Total SPAC deal count for 2020 year-to-date is now 69 with $27.42 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, August 18, 2020.
Citigroup Global Markets Inc., Goldman Sachs & Co., LLC, and J.P. Morgan Securities LLC are acting as book-running managers in the offering. Ropes & Gray LLP and Kirkland & Ellis LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: UK SPAC Ashington Innovation announces it will IPO on London Stock Exchange and Cheche Technology releases new business intelligence platform UK SPAC eyes £1.8m IPO in London UK SPAC Ashington Innovation has announced today...
Seaport Global II (NASDAQ:SGII) has entered into a definitive agreement to combine with American Battery Materials (OTC Pink:BLTH) at an enterprise value of $225 million. The Greenwich, Connecticut-based is developing potential lithium and cobalt-mining sites in Utah. The combined company is expected to be up-listed to the Nasdaq once the deal is completed in the...
Blue Ocean (NASDAQ:OTEC) announced this morning that it is pushing its extension vote scheduled for 11 am ET today to 2 pm ET, June 6. Shareholders at the special meeting are to vote on a proposal to allow Blue Ocean to automatically extend its transaction deadline up to 12 times in one-month increments from June...
Latest SPAC Liquidations: JAWS Hurricane JAWS Hurricane Acquisition Corporation (HCNE) to Liquidate on June 16 JAWS Hurricane Acquisition Corporation (Nasdaq: HCNE) today announced that its board of directors has determined not to proceed with a proposal to extend its corporate existence. As such, the Board has determined to cancel the special meeting of its stockholders,...
Jupiter Wellness Acquisition Corp. (NASDAQ:JWAC) announced this afternoon that it has completed its combination with Chinese carmaker Chijet. The deal was already approved by shareholders at a special meeting held on May 2, but at that time, the SPAC did not provide a timeline for the closing of the transaction. Although redemption numbers have still not...