INSU Acquisition Corp. II announced the pricing of its upsized $200 million IPO this evening and units are expected to begin trading on the Nasdaq under the symbol “INAQU” tomorrow, Thursday, September 3rd.
INSU Acquisition Corp. II is being led by John M. Butler as President and Chief Executive Officer, with Joseph W. Pooler Jr. serving as Chief Financial Officer and Treasurer, while Daniel G. Cohen serves as Chairman of the Board.
Total SPAC deal count for 2020 year-to-date is now 83 with $33.73 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, September 8th, 2020.
Cantor Fitzgerald & Co. is serving as the sole book-running manager for the offering. Ledgewood PC and Ellenoff Grossman & Schole LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. Grant Thornton LLP acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
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...