Burgundy Technology Acquisition Corp. (BTAQU) announced the pricing of its $300 million IPO tonight and the units are expected to begin trading on the Nasdaq tomorrow, Thursday, August 27th, under the symbol BTAQU.
Burgundy Technology Acquisition Corp. intends to focus on technology companies with potential to create compound growth and long-term value. The company will be led by Leo Apotheker as Chairman of the Board and Co-CEO, and Jim Mackey, as Co-CEO, CFO, Secretary and Director.
Total SPAC deal count for 2020 year-to-date is now 80 with $32.6 billion in gross proceeds raised. This offering is expected to close on Monday, August 31, 2020.
Mizuho Securities USA LLC is acting as the global coordinator and joint book-running manager for the offering. I-Bankers Securities, Inc. is acting as co-manager. Debevoise & Plimpton LLP serve as Issuer’s Counsel with Greenberg Traurig LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC, serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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...
At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....