Tastemaker Acquisition Corporation announced the pricing of its upsized $240 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “TMKRU” today, January 8.
The new company aims to combine with a restaurant business valued at $400 million to $1 billion with strong differentiated brands and could benefit from public market catalysts. Tastemaker is led by Co-CEOs David Pace and Andrew Pforzheimer alongside
Total SPAC deal count for 2021 year-to-date is now 26 with $6.3 billion in gross proceeds raised. This offering is expected to close on Tuesday, January 12.
Stifel is acting as sole book-running manager for the offering.. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with DLA Piper LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
At the SPAC of Dawn Following Wednesday’s positive CPI readings, the market is set to ingest both new jobless claims and Core PPI inflation numbers at 8:30 am ET. It might take a particularly rosy result to offset the many factors of market volatility recent. One new one got added to the bingo card this...
One of the eternal questions surrounding SPACs has been their ability or inability to match the opportunity and the performance of the traditional IPO route, and it has become received wisdom on Wall Street that SPACs don’t match up. This is ostensibly born out in in the aggregate statistics that are frequently cited. But, downside...
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Cantor Equity Partners II (NASDAQ:CEPT) filed another warrantless SPAC showing that the firm will not be slowing down despite Cantor CEO Howard Lutnick moving his attentions to the administration. The new $200 million SPAC would join Cantor Equity Partners I (NASDAQ:CEPO), which became the first SPAC to IPO this year and Cantor Equity Partners (NASDAQ:CEP),...
At the SPAC of Dawn US market futures continue to be flash dark red after a major down day saw SPAC-favorite exchange Nasdaq lose about -4% of its value leaving it running down -9.5% on the year. The sudden downturn has been somewhat personal for the administration as Trump Media (NASDAQ:DJT) itself fell about -11.5%...