Colonnade Acquisition Corp. (CLA.U) announced the pricing of its $200 million IPO this evening and units are expected to begin trading on the NYSE tomorrow, Friday, August 21st, under the symbol NYSE: CLA.U.
The new SPAC aims to find a combination target in the natural resources, energy, real estate, or agriculture sectors. Colonnade is chaired by Joseph S. Sambuco, who is the founder and CEO of the real estate investment company of the same name, while Remy W. Trafelet serves as CEO.
Total SPAC deal count for 2020 year-to-date is now 77 with $30.7 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, August 25, 2020.
BTIG, LLC is acting as the sole book running manager of the offering and I-Bankers Securities, Inc. is acting as co-manager for the offering. White & Case LLP and Ellenoff Grossman & Schole LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
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...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
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...