SPACs in the News
2024-06-18 at 8:05am

At the SPAC of Dawn While more SPACs are coming to the public market, at least one more de-SPAC is set to come off of them as a Dutch charging network Allego (NYSE:ALLG) has been informed that its majority shareholder, French investment firm Meridiam, is extending an offer to buy up all of its listed...

2024-06-17 at 8:13am

At the SPAC of Dawn SPAC action may slow slightly this week as the US trading is to be split in two by the Wednesday Juneteenth holiday. On the voting end, Feutune Light (NASDAQ:FLFV) is slated to be the only SPAC voting to approve a transaction while three more are to hold extension votes. Among...

2024-06-14 at 8:35am

At the SPAC of Dawn June is now on pace to more than double the issuance of new SPACs with its fifth filed yesterday while May saw seven new SPACs filed. Overall, there have been 21 new S-1 filings on the year and 12 IPOs. By comparison, there had been just 13 new SPACs filed...

2024-06-13 at 8:40am

At the SPAC of Dawn No news is good news appears to be the SPAC takeaway from CPI and Fed comments double-header yesterday. With inflation steady and one rate cut still expected for 2024, SPACs and de-SPACs in volatile sectors may now have a somewhat clearer flight path through the rest of the year. Fashion...

2024-06-12 at 8:23am

At the SPAC of Dawn The ARYA team has been among the SPAC market’s most steady dealmakers and they dropped a new presentation this morning for ARYA Sciences IV‘s (NASDAQ:ARYD) pending combination with medical device manufacturer Adagio Medical. Much of the deck rehashes already released information, but it has given more texture on how the...

2024-06-11 at 8:14am

At the SPAC of Dawn As both SPAC and traditional-way IPO activity picks back up in 2024, SPAC teams might want to brush up on their Spanish as they compete for targets. Spain has not traditionally been considered a tech innovation hotbed, but the combined enterprise value of Spanish startups hit €100 billion last year,...

2024-06-10 at 8:25am

At the SPAC of Dawn Last week ended with a flurry of SPAC activity, which may continue into the middle of the month although there are fewer planned corporate actions on the docket for the week. Friday saw three new SPACs file for IPOs bringing June’s tally to four so far. This continues the strong...

2024-06-07 at 8:27am

At the SPAC of Dawn WinVest (NASDAQ:WINV) broke a month-long silence of new SPAC deal announcements in May, but has kept investors waiting for more details on its combination with Italian ad-targeting marketplace Xtribe until it dropped a new presentation yesterday. The deck makes clear that although Xtribe’s operations have been largely limited to its...

2024-06-06 at 8:08am

At the SPAC of Dawn Will SPACs soon be Dallas-bound? The TXSE Group launched yesterday as a new effort to establish the Texas Stock Exchange in Dallas with $120 million raised thus far for the purpose. Its backers, which include investment firms BlackRock (NYSE:BLK) and Citadel Securities, claim the fledgling market will offer lower compliance...

2024-06-05 at 8:09am

At the SPAC of Dawn Over the past four years, SPACs have moved from one technology category to another in a movement that seemed to drift from one new hot thing to another. But, there has been increasing overlap between those seemingly disconnected technologies and that has come into sharp relief this week. As seen...

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