An unprecedented FOUR SPACs expected to price their IPOs Thursday.
We’ve got a quadruple header…EdTechX, Arya Sciences, ChaSerg and Collier Creek are all expected to price their IPOs this evening for trading Friday. Suit up and get ready because another $730 million worth of SPACs are about to hit the market. Plus, that means our total 2018 deal count jumps to 37 with $8.952 billion in gross proceeds sold (before any up-sizes or over-allotments).
It will be interesting to see which ones upsize and how they trade tomorrow given that all four have different structures and focuses.
However, since we have an abundance of SPACs, the terms have been summarized below in a grid so you can compare, starting from smallest to largest.
We’ll be watching to see if anything changes, but as of right now, this is a record number of SPAC IPOs for one day. Exciting stuff…
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...
At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....
Cantor Equity Partners III Inc. (NASDAQ:CAEP) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CAEP”, Thursday, June 26, 2025. The new SPAC plans to combine with a target company in an industry where its management has relevant expertise such financial...
Launch One (NASDAQ:LPAA) has entered into a definitive agreement to combine with biotech firm Minovia Therapeutics at a $180 million pre-money valuation. Haifa, Israel-based Minovia is developing a drug platform based on mitochondrial cell therapies to potentially treat rare disorders as well as the effects of aging and other causes of bodily degeneration. The combined...