At the SPAC of Dawn Futures continue to be green following a “hold steady” message out of the Fed and heading into jobless claims numbers and other indicators. US President Donald Trump has weighed in that he would like to see a rate cut sooner rather than later and differed with the body’s predictions on...
At the SPAC of Dawn Futures have tipped slightly green in anticipation of the Fed’s rate cut decision and follow several trading sessions in a row that ended positively in European markets. SPAC filings have meanwhile been notably light this week overall, as the uncertainty may have caused some pauses in activity as teams wait...
At the SPAC of Dawn March gets its first SPAC IPO on the board later today as Quartzsea (NASDAQ:QSEAU) priced its slightly upsized $72 million offering after hours yesterday. Cohen Circle I (NASDAQ:CCIRU) also announced just the second deal of the month as well, and it is one that could hardly be more topical. The...
At the SPAC of Dawn Three new SPACs filed for IPOs just before the weekend, bringing 2025’s total to 29 new SPACs filed. This growing backlog in the IPO line is beginning to significantly outpace those that have managed to price their offerings so far. On the IPO side, 16 SPACs have made it to...
At the SPAC of Dawn The first wave of proposed SEC rules changes under the Trump administration touch upon SPACs in some unexpected ways and could portend at least a few years of peace between sponsors and their chief regulator. Earlier this month, the SEC announced that its Division of Corporation Finance would expand the...
At the SPAC of Dawn Following Wednesday’s positive CPI readings, the market is set to ingest both new jobless claims and Core PPI inflation numbers at 8:30 am ET. It might take a particularly rosy result to offset the many factors of market volatility recent. One new one got added to the bingo card this...
At the SPAC of Dawn Despite the specter of recession looming, many of the hot technology sectors that SPACs favored during the boom times appear to be coming back on the menu. Ares II (NYSE:AACT) is reportedly angling to lock down a deal with an autonomous trucking firm. Northern Genesis II and Reinvent Y each...
At the SPAC of Dawn US market futures continue to be flash dark red after a major down day saw SPAC-favorite exchange Nasdaq lose about -4% of its value leaving it running down -9.5% on the year. The sudden downturn has been somewhat personal for the administration as Trump Media (NASDAQ:DJT) itself fell about -11.5%...
At the SPAC of Dawn SPAC teams bookended this past weekend with the filing of three new SPACs, collectively seeking to raise $640 million in capital. The new S-1 for Titan Acquisition Corp. (NASDAQ:TACHU) puts Cantor Fitzgerald back in the hunt among top underwriters for new SPACs filed in 2025. Two SPACs are also seeking...
At the SPAC of Dawn If things seem like they are accelerating fast to start 2025, that is even more so for the space sector, which had a big, and occasionally explosive, week this week. 2023 de-SPAC Intuitive Machines (NASDAQ:LUNR) landed on the moon a second time yesterday afternoon, but it may have seen its...