E.Merge Technology Acquisition Corp. (ETACU), announced the pricing of their upsized $522 million IPO tonight and the units are expected to begin trading tomorrow, Friday, July 31st, under the symbol Nasdaq: ETACU
E.Merge Technology Acquisition Corp. intends to focus on companies in the software and internet technology industries and will be led by Jeff Clarke, as Co-Chief Executive Officer, Chief Financial Officer and Director, and Guy Gecht, as Co-Chief Executive Officer. S. Steven Singh will be Chairman of the Board of Directors.
Total SPAC deal count for 2020 year-to-date is now 53 with $21.623 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, August 4, 2020.
Cantor Fitzgerald & Co. and Mizuho Securities USA LLC are acting as the joint book running managers for the offering. Ellenoff Grossman & Schole LLP and Graubard Miller, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
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...
At the SPAC of Dawn One of the biggest sources of uncertainty in the SPAC market in recent years has been regulatory changes, but new shifts could be in its favor. SEC Chairman Paul Atkins told CNBC yesterday that the commission would review the rules for SPACs after “rather controversial” changes to the rules passed...
McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....