Boxwood Merger Corp. (BWMCU), the $200 million Macquarie-backed SPAC being led by Stephen Kadenacy, announced Thursday evening they have priced their IPO and will trade Friday under the symbol Nasdaq: BWMCU. Boxwood intends to focus on companies that provide technical and industrial services in the United States.
Total 2018 deal count is now 43 SPACs with $10.189 billion in total gross proceeds raised year-to-date.
Congratulations to all.
BofA Merrill Lynch, Morgan Stanley and Macquarie Capital were joint book-running managers. I-Bankers Securities was co-manager.
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At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...
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With the passage this weekend of $95 billion in funding for Ukraine, Israel and Taiwan by the House of Representatives, some focus has gone back towards the defense sector, which has generally had a good year as a whole. But, SPACs have not been as active in defense, despite the fact that companies in the...