Hudson Executive Investment Corp. (HECCU), announced the pricing of their upsized $360 million SPAC IPO this morning and the units are expected to begin trading today, Tuesday, June 9th, under the symbol Nasdaq: HECCU.
Hudson Executive Investment Corp. intends to pursue companies in the fintech or healthcare sectors and will be led by CEO Douglas Bergeron, a Managing Partner of HEC and former CEO of Verifone, and Chairman Douglas Braunstein, founder and Managing Partner of HEC and former CFO of J.P. Morgan.
Total SPAC deal count for 2020 year-to-date is now 31 with $9.84 billion in gross proceeds raised. The offering is anticipated to close on Thursday, June 11, 2020.
Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. SVB Leerink acted as co-manager. Winston & Strawn LLP and Kirkland & Ellis LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC Liquidations: Mission Advancement Acquisition Corp., and Clarim Acquisition Corp. Mission Advancement Acquisition Corp. Shareholders Approve Liquidation Date Amendment On December 6, 2022, the stockholders of Mission Advancement Corp. approved an amendment to allow...
BYTE Acquisition Corp. (NYSE:BYTS) announced this afternoon that its special meeting to extend its deadline, originally scheduled for Tuesday, December 20, 2022, has been postponed. The SPAC has not yet disclosed the new date for the meeting, but it is expected to be announced at a later date. BYTE did note that it intends to...
D and Z Media Acquisition Corp. (NYSE:DNZ) announced this afternoon that its special meeting, originally scheduled for 12:00 p.m. today, was convened and then adjourned, without conducting any business, to 1:30 p.m. on December 19. As of now, DNZ has a completion deadline of January 28, 2023, but is hoping to seek shareholder approval to add an extra...
EDOC Acquisition Corp. (NASDAQ:ADOC) has entered into a definitive agreement to combine with food oil processing company Australian Oilseeds at an enterprise value of $190 million. Australian Oilseeds manufactures food-grade, edible oils through several subsidiaries. Transaction Overview EDOC has an estimated $21.3 million in its current trust after seeing about 77.5% redemptions in extension votes....
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Buzzfeed cuts 12% of staff, and ASIG plans to expand through acquisition upon completion of SPAC BuzzFeed cuts 12% of staff citing worsening econ conditions Digital media company BuzzFeed (NASDAQ:BZFD) is cutting 12%...