The Latest News in SPACs
GSAH: GS Acquisition Holdings Corp.
GS Acquisition Holdings filed an amended S-1 yesterday, adding three new Directors to the Board. They are James Albaugh, former President and CEO of Boeing, Roger Fradin, former president and chief executive officer of Honeywell’s Automation and Control Solutions business, and Steven Reinemund, former Chairman, Executive Chairman and CEO of PepsiCo. Impressive board additions as expected from a high-profile SPAC. You can read their full bios on the GS Acquisition Holdings profile page.
LCA: Landcadia Holdings, Inc.
Yesterday, Landcadia held the vote to extend their completion deadline to December 14, 2018 and announced the results.
| FOR | AGAINST | ABSTENTIONS | BROKER NON-VOTES |
| 26,508,297 | 3,900 | 0 | 0 |
JSYN: Jensyn Acquisition Corp.
Jensyn Acquisition Corp. announced they will be contributing $.042 per month for a period of three months for each public share that is not converted into cash at the special meeting June 4th, where shareholders will be voting on extending Jensyn’s completion deadline. This means a total of $0.126 per share will be contributed over the three month period increasing the conversion price to $10.78 per share at September 3rd (the new extended completion deadline). Currently, the conversion of shares is pegged at approximately $10.65 per share for the June 4th vote.
BCAC: Bison Capital Acquisition Corp.
Bison Capital announced today that Mr. Ning Wang resigned from his position as independent director and Chairman of the Audit Committee due to personal reasons. In his place, Bison has appointed Mr. Richard Peidong Wu. Mr. Wu has been the Chief Financial Officer of Airmedia Group Inc, a Nasdaq-listed outdoor media group (symbol: AMCN).
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...