Peridot Acquisition Corp. announced the pricing of its $300 million IPO this evening and the units are expected to begin trading on the NYSE under the symbol “PDAC.U” tomorrow, Thursday, September 24.
This new company aims to combine with a target valued at between $800 million and $2 billion that is working to address climate change. Peridot is led by CEO and Chairman Alan Levande and CFO Markus Specks.
Total SPAC deal count for 2020 year-to-date is now 110 with $42.1 billion in gross proceeds raised. This offering is expected to close on Monday, September 28.
UBS Securities LLC and Barclays Capital Inc. acted as joint book running managers and Tudor, Pickering, Holt & Co. Securities, LLC acted as co-manager for the offering. Kirkland & Ellis LLP serve as Issuer’s Counsel with Ellenoff Grossman & Shole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC, serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
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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...