ArcLight Clean Transition Corp. announced the pricing of its $250 million IPO this evening and the units are expected to begin trading on the Nasdaq under the symbol “ACTCU” tomorrow, Wednesday, September 23, 2020.
This new company aims to combine with a target that is a market leader in facilitating the transition of the energy industry towards decarbonization and sustainability. ArcLight is led by Chairman Daniel R. Revers, President, CEO and Director Jake F. Erhard, CFO Marco F. Gatti, and COO Rick S. Knauth.
Total SPAC deal count for 2020 year-to-date is now 107 with $41.3 billion in gross proceeds raised. This offering is expected to close on Friday, September 25.
Citigroup Global Markets Inc. and Barclays Capital Inc. are serving as joint book-running managers for the offering. Kirkland & Ellis LLP serve as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
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Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...