This afternoon, both Chardan Healthcare (CHACU) and CF Finance (CFFAU) filed amended S-1s, indicating they are getting ready to price next week. Chardan Healthcare’s S-1/A consisted mostly of nits and clarifying their underwriting fees regarding the $100,000 to be paid to B. Riley FBR as Qualified Independent Underwriter, so there were no material changes. Additionally, there were no material changes for CF Finance either for that matter.
These two amendments come on the heels of Schultze Special Purpose (SAMAU) also filing their amended S-1 yesterday. So, pricing is shaping up to look like the following:
- Monday, Dec. 10th: $150 million, Schultze Special Purpose Acquisition Corp. (for trading Tuesday)
- Wednesday, December 12th: $250 million, CF Finance Acquisition Corp. (for trading Thursday)
- Thursday, December 13th: $70 million, Chardan Healthcare Acquisition Corp. (for trading Friday)
As for the two Cowen-led deals – Monocle Acquisition Corp. (MNCLU) and Andina Acquisition Corp. III (ANDAU), these will now be Q-1 2019 deals. This means we should end the year at 46 SPACs with total gross proceeds (before over-allotments) of $10.739 billion.
It’s going to be a busy week and most likely the last “busy” week of the year….enjoy the weekend.
Terms Tracker for the Week Ending April 19, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Passover and school spring break starts next week, which most likely means a slowdown in SPAC filing activity. Although Churchill IX is now rumored to...
Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...
At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...