This afternoon, Big Rock Partners Acquisition Corp. (BRPA), released the details of their shareholder vote to approve their extension deadline to August 22, 2019, from May 22, 2019.  Big Rock has extended twice now, for $0.10 for each 3-month extension, however, this time around they will be extending for $0.02 per…

This morning, we had another new SPAC filing with the addition of Fellazo Inc. (FLLCU), a $50 million SPAC IPO focused on health food and supplements in Asia.  Fellazo will be led by Nicholas Ting Lun Wong, who is currently a director of Shanghai Linxin Food and Beverage Management Ltd.…

**THIS POST HAS BEEN UPDATED (SCROLL TO THE BOTTOM)** Pivotal Acquisition Corp. (PVT), announced Monday evening that they have entered into a definitive agreement to merge with KLDiscovery (“KLD”). KLD is a global provider of electronic discovery and information governance services to Fortune 500 companies with an enterprise value of…

Monday night, the Haymaker team filed for their second SPAC with the $300 million Haymaker Acquisition Corp. II (HYACU).  “HYAC II” will be seeking to capitalize on their recent success with the OneSpaWorld deal, by once again focusing on consumer products and services, which plays to their background and strengths. …

Pivotal Acquisition Corp. (PVT), announced Monday evening that they have entered into a definitive agreement to merge with KLDiscovery (“KLD”). KLD is a global provider of electronic discovery and information governance services to Fortune 500 companies with an enterprise value of approximately $800 million.  Under the terms of the proposed…

Gx Acquisition Corp. (GXGXU), announced the pricing of their $250 million SPAC IPO this evening and the units are expected to begin trading tomorrow, May 21st, under the symbol Nasdaq: GXGXU. GX Acquisition Corp., is being led by Jay Bloom and Dean Kehler, the co-founders of Trimaran Capital, and intend…

Pensare Acquisition Corp. (WRLS), and U.S TelePacific Holdings Corp. dba TPx Communications (“TPx”), announced this evening that they have agreed to mutually terminate their Business Combination Agreement. No further information was given, but Pensare did state that they intend to continue to pursue a business combination. Pensare recently extended their…

KBL Merger Corp. IV (KBLM), filed a definitive proxy this morning for their upcoming shareholder vote to extend their termination date another six months.  However, KBLM has further amended the proxy to now reflect a $0.0225 per month contribution for shareholders who do not redeem. Originally, KBLM agreed to contribute…

We all knew this was coming, right? GigCapital, Inc. (GIG) announced this afternoon that the Sponsor and Founders have agreed to contribute $240,000 to GigCapital’s Trust account for each calendar month that is needed to complete their business combination with Kaleyra.  The $240,000 is being contributed as a loan and…

One Madison Corp. (OMAD), in anticipation of their upcoming shareholder vote to approve their combination with Ranpak Corporation (“Ranpak”), announced that they have arranged an additional $20 million PIPE and included new earn-out provisions for the Founder Shares held by the Sponsors and the Anchor Investors (affiliates of The Blackstone…