New Providence Acquisition Corp. (NPAUU), launched the Fall SPAC season this evening by announcing the pricing of their $200 million IPO. New Providence’s units are expected to begin trading Wednesday, September 11th, under the symbol NASDAQ: NPAUU.
New Providence will be focusing on the consumer sector and will be led by Alex Coleman and Gary Smith, as co-Chief Executive Officers.
Total SPAC deal count for 2019 year-to-date is now 40 with $9.55 billion in gross proceeds raised. The offering is expected to close on Friday, September 13, 2019.
Congratulations to all.
BTIG acted as sole book-running manager for the offering and I-Bankers Securities, Inc. is acting as co-manager. Kirkland & Ellis LLP and Ellenoff Grossman & Schole LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively.
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
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FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...
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