Hudson Executive Investment Corp. (HECCU), announced the pricing of their upsized $360 million SPAC IPO this morning and the units are expected to begin trading today, Tuesday, June 9th, under the symbol Nasdaq: HECCU.
Hudson Executive Investment Corp. intends to pursue companies in the fintech or healthcare sectors and will be led by CEO Douglas Bergeron, a Managing Partner of HEC and former CEO of Verifone, and Chairman Douglas Braunstein, founder and Managing Partner of HEC and former CFO of J.P. Morgan.
Total SPAC deal count for 2020 year-to-date is now 31 with $9.84 billion in gross proceeds raised. The offering is anticipated to close on Thursday, June 11, 2020.
Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. SVB Leerink acted as co-manager. Winston & Strawn LLP and Kirkland & Ellis LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...