two (TWOA.U) announced the pricing of their $200 million IPO this morning and the shares are expected to begin trading on the NYSE under the symbol “TWOA”, Tuesday, March 30.
The new company intends to combine with a target advancing innovation and the democratization of technology with promising growth. two is led by co-founders and Co-CEOs Kevin Hartz and Gautam Gupta, alongside co-founder and CFO Troy B. Steckenrider III and Chairman Pierre Lamond.
Total SPAC deal count for 2021 year-to-date is now 297. The offering is anticipated to close on Thursday, April 1.
Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Cadwalader, Wickersham & Taft LLP served as Issuer’s Counsel while Shearman & Sterling LLP served as Underwriter’s Counsel. WithumSmith+Brown, PC, acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HVIIU”, Friday, January 17, 2025. The new SPAC intends to seek out a business combination with a company in the industrial technology and energy transition sectors. Hennessy...
Equites and crytpo trading platform eToro has reportedly filed for a traditional IPO two-and-half years after nixing its SPAC combination and its renewed thrust to the public markets could provide a useful demonstration of where things sit for SPACs in 2025. For one, eToro is reportedly making its IPO move at a valuation of $5...
At the SPAC of Dawn Right on the heels of a mostly positive inflation picture, SPACs are set to take in a raft of new indicators for retail sales, import prices and homebuilder confidence later today. SPACs may have some extra confidence of their own knowing that one of their major foes on the de-SPAC...
At the SPAC of Dawn After an up-and-down week on the market, all eyes are set to be glued to this morning’s Consumer Price Index readouts for signs of where the Fed might take its rate-cut strategy. US exchanges had a slightly positive day in reaction to Core PPI coming in at 0.1% for December...
Ribbon Acquisition Corp. (NASDAQ:RIBBU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RIBBU”, Wednesday, January 15, 2025. The new SPAC intends to take a generalist approach in searching for a business combination, but will not consider targets located in China. Ribbon’s...