Summertime
Time to sit back and unwind
Just a bit of a break from the norm
Just a little somethin’ to break the monotony
Of all that hardcore dance that has gotten to be
Ahhh, the sage wisdom of DJ Jazzy Jeff and the Fresh Prince. It’s been an intense month for SPACs and post-holiday break it promises to get even more insane. We are looking at NINE SPACS on file that are all expected to price in July, potentially beating the current record of seven SPACs priced in one month. Plus, we may even have some new filings today or Friday, that could add to the total and no less than FIVE shareholder votes coming up – three to extend (BRAC, GPAQ and WRLS) and two to complete (TBRG and CIC).
However, since today and Friday are sure to be relatively slow, below are some interesting links to help pass the time. It’s shaping up to be one helluva month, so I hope everyone gets a chance to relax and enjoy the holiday.
Note: It’s July 4th tomorrow and unless something crazy gets filed or there’s a major news announcement on Friday, we won’t be back until Monday.
Have a great Fourth of July, everyone!
Links:
Matt Levine, from Bloomberg: Good Investors Make Investing Harder This is sort of stating the obvious, but Matt Levine always makes it an interesting read.
For the depressed, something to make you feel worse: Your Professional Decline Is Coming (Much) Sooner Than You Think
Inside an Amazon Warehouse, Robots’ Ways Rub Off on Humans
A performance-enhancing pill based on the gut bacteria of elite athletes is in the works
The most impressive resume this guy has ever seen
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...
Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...
At the SPAC of Dawn A brand new market may have just opened up for space de-SPACs as NASA administrator Bill Nelson announced a shift in the agency’s $11 billion program for a mission to return samples from Mars. Rather than rely on the agency’s internal technologies that would be predicted to get a sample...
Overall deal flow between SPACs and biotech firms has slowed over the last year, but some pending FDA changes could breathe new life into particular business models within the space. In particular, the FDA has asked Congress as part of its 2025 Legislative Proposals to eliminate the interchangeability designation for biosimilar medications, claiming the existing...