BowX Acquisition Corp. (BOWXU), announced the pricing of their upsized $420 million IPO tonight and the units are expected to begin trading tomorrow, Wednesday, August 5th, under the symbol Nasdaq: BOWXU.
BowX Acquisition Corp. intends to focus on businesses in the technology, media and telecommunications industries and will be led by Vivek Ranadivé, as Chairman and Co-Chief Executive Officer. Mr. Ranadivé will be joined by Murray Rode as Co-Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director.
Total SPAC deal count for 2020 year-to-date is now 59 with $24.26 billion in gross proceeds raised. The offering is anticipated to close on Friday, August 7, 2020.
UBS Securities LLC is acting as the sole book running manager for the offering. Graubard Miller and Skadden, Arps, Slate, Meagher & Flom LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...
Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...
At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...