Terms Tracker for the Week Ending October 25, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Finally, a little more SPAC action this week with no less than four IPOs priced. That brings October’s tally to seven IPOs with one more...
Terms Tracker for the Week Ending October 18, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. October has had back-to-back religious holidays, which has kept things on the quiet side, including for this week. And while that’s generally to be expected...
This week, the SPACInsider Podcast delves into some of the tax and accounting issues that SPAC teams should be considering as we approach both the Presidential election and the end of 2024. Mark Deters and Ryan Bixenman, partners at WithumSmith+Brown, join us to help break it all down. For example, what does it mean for...
Terms Tracker for the Week Ending October 11, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week was sandwiched in between the Rosh Hashanah and Yom Kippur holidays, and as such, it was on the lighter side for news. In...
Terms Tracker for the Week Ending October 4, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week was much, much heavier on the S-1 filings. There were five new SPACs filed along with six amended S-1 registration statements making good...
Ocean Capital Acquisition Corporation (Nasdaq:OCACU) filed this morning for a $60 million offering to be underwritten by Brookline Capital Markets. This is only the second offering for Brookline where they will be in the position of sole bookrunner, with DT Cloud Acquisition Corporation being their first. However, Brookline has been a bookrunner to the right...
A SPAC III Acquisition Corp. (Nasdaq:ASPCU), is the third SPAC from the A SPAC team and intends to raise $55 million with Maxim Group as underwriters. A SPAC III will be focusing its search on the Environmental, Sustainability and Governance (ESG) and material technology sectors. The A SPAC team had previously launched two other SPACs,...
An In-Depth Look at SPAC Activity Through the Third Quarter and YTD 2024 Below is a summary of the year-to-date SPAC performance. Q3-2024 was dominated at its start by the pick-up in SPAC IPO issuance, as well as the use of the “anchor investor” IPO structure, but the quarter ends with some optimism for 2025....
Terms Tracker for the Week Ending September 27, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Surprisingly, last week was fairly quiet. There was only one deal announcement, there were no IPOs priced and only two new Registration Statements filed from...
SPAC targets in the healthcare space typically are a few years away from full commercialization, but shareholders in Exelfin Acquisition Corp. (NASDAQ:XFIN) will get to vote this week on a combination with a medical device company that is already churning out positive EBITDA. This week, we speak with Brian Sun, Chief Operating Officer of Excelfin and David Kaysen,...