ACE Convergence Acquisition Corp. (ACEV.U), announced the pricing of their $200 million SPAC IPO this evening and the units are expected to begin trading tomorrow, July 28th, under the symbol NYSE: ACEV.U.
ACE Convergence Acquisition Corp. intends to focus on businesses in the IT infrastructure software and semiconductor sectors and will be led by Behrooz Abdi, as Chief Executive Officer and Chairman of the board of directors.
Total SPAC deal count for 2020 year-to-date is now 51 with $19.2 billion in gross proceeds raised. The offering is anticipated to close on Wednesday, July 30, 2020.
Cantor Fitzgerald & Co. is acting as sole book-running manager and Northland Securities, Inc. is serving as lead manager in the offering. Skadden, Arps, Slate, Meagher & Flom LLP and Ellenoff Grossman & Schole LLP, were issuer’s counsel and underwriter’s counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...