KBL Merger Corp. IV, just announced they “have entered into several non-binding letters of intent with various entities for an initial business combination.” As a result, the Company gets to extend their completion deadline to March 7, 2019. Again, it’s non-binding (like Modern Media), so it’s a little fuzzy, but the result is KBLM gets an additional four months. Like MMDM, this straddles the categories of “searching” and “announced”, so we will placing KBLM in the announced column going forward.
We also, have a new SPAC on file – CF Finance Acquisition Corp., the $250 million Cantor Fitzgerald-backed SPAC. We have summarized the terms and CF’s profile page is now up on the site for database subscribers, but we’ll be giving the prospectus a thorough read before we come back with additional information.
Have a great weekend.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCIIU”, Tuesday, July 1, 2025. The new SPAC plans to combine with a target company in the financial services technology (fintech) sector and fintech adjacent sectors that...
Indigo Acquisition Corp. (NASDAQ:INACU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “INACU”, Tuesday, July 1, 2025. The new SPAC plans to combine with an established, profitable company whose growth potential can benefit from its team’s expertise. Indigo’s management team is...
After a quiet June, July is set to be active throughout the month with nine de-SPACs and sponsors coming unlocked from their trading restrictions. This timing is most fortuitous for insurance investor Abacus Life (NASDAQ:ABL) and East Resources, which took it public in 2023, as it is the best performer of this group of companies...
Pyrophyte II (NYSE:PAII.U) has filed for a $175 million SPAC to dig for a natural resources target while the team’s first deal remains pending. The new SPAC is offering investors 1/2 warrants in each unit and it will have 24 months to complete a business combination without asking shareholders for an extension. It is the...
At the SPAC of Dawn The last day of the quarter is to play host to a pair of shareholder votes and a possible pricing of Indigo‘s (NASDAQ:INACU) $100 million IPO. This week is also to play host to fresh jobs numbers just before the long July 4 weekend. Black Hawk (NASDAQ:BKHA) was also one...