2019 Underwriters Tournament Update: We Might Have Some Upsets…
by Kristi Marvin on 2019-06-24 at 1:28pm

Tournament Update of the SPAC Sixteen Matches

We currently have no less than three matches that are evenly tied!  As expected, the match up between BofA and Jefferies has been back and forth all morning and is now back at dead even.  These two promised an exciting horse-race since both are fairly equally weighted being ranked 8th and 9th, respectively.

Additionally, Chardan has surged recently, after a slow start and is now also tied with Stifel, while EarlyBird appears to be getting out the vote in their match-up with UBS.  EarlyBird and UBS are now ALSO in a dead heat at midday.

And finally, BTIG is currently squeaking by at 56% to Credit Suisse’s 44%, but it’s still anyone’s match to take. It’s June madness!  Will BTIG be the spoiler and unseat last year’s winner?…..

In other news, Deutsche Bank, Citi and Goldman Sachs are currently winning their matches and look likely to win, but remember…the final winner is the accumulation of ALL votes received in each day’s match. So for example, if Goldman has more total votes in every match they win, they could still win the final round by having more votes than they’re competitor, even if they “lose” in the final match-up.

There’s still time to cast your vote….voting ends at 10PM tonight.

Round One Matches  Details/Rules/Rankings

 

Recent Posts
by Nicholas Alan Clayton on 2024-03-28 at 1:35pm

News and Rumors PR: Bannix (NASDAQ:BNIX) has provided more information on the combination with VisionWave that it announced yesterday, specifying that the imaging technology that VisionWave will acquire from GBT Technologies will primarily seek out applications in military combat scenarios and geological surveys. PR: Grove Collaborative (NYSE:GROV), which combined with Virgin Group II in June...

by Nicholas Alan Clayton on 2024-03-28 at 7:47am

At the SPAC of Dawn Fed Chair Jerome Powell has given new hints that the administration would be showing greater levels of comfort with inflation if a cut could help improve unemployment numbers. Those numbers could get an update today at 8:30 am ET to bring new jobless claims as well as final prices for...

by Nicholas Alan Clayton on 2024-03-27 at 1:31pm

News and Rumors CNBC: Former WeWork (OTC Pink:WEWKQ) founder Adam Neumann has offered to buy back control of the company for $500 million but has yet to secure the necessary financing. WeWork went public with BowX in October 2021. PR: Satellite telecom firm Spire Global (NYSE:SPIR) has signed an agreement to build and launch two...

by Nicholas Alan Clayton on 2024-03-27 at 11:38am

Bannix (NASDAQ:BNIX) has entered into a definitive agreement to combine with VisionWave Technologies for $30 million. The combined company is expected to trade on the Nasdaq once the deal is completed with an initial outside date of September 14. Transaction Overview Bannix has about $17 million in its trust after seeing 77.4% of its shares...

by Nicholas Alan Clayton on 2024-03-27 at 7:33am

At the SPAC of Dawn Much of the attention yesterday was on tracking the swings of the newly-completed Trump Media (NASDAQ:DJT) deal with the FT going as far to suggest it may “make SPACs great again.” Not all of the day’s data points were on the positive side of the ledger, however. IB Acquisition Corp....

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved