Author: SPACInsider

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UPDATED: Trinity Merger Corp. (TMCX) Announces Merger with Broadmark

Aug 12, 2019 INTEL by SPACInsider

UPDATED: ALL UPDATES BELOW ARE NOTED IN BLUE FONT


Trinity Merger Corp. (TMCX), announced this morning that they have entered into a definitive merger agreement with the Broadmark real estate lending companies and management companies (“Broadmark”),  to create an internally-managed, mortgage real estate investment trust (“REIT”) with an expected equity value of $1.5 billion. ...READ MORE

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Black Ridge (BRAC) Makes Additional Changes Ahead of its Vote

Aug 6, 2019 INTEL by SPACInsider

Black Ridge Acquisition Corp. (BRAC), issued a proxy supplement this morning, ahead of its shareholder vote this coming Friday, August 9th.  Contained within that supplement were some additional changes to the merger agreement, but the good news is, Black Ridge also announced that “…it may explore effectuating amendments to its outstanding warrants following the closing of the business combination to make them more attractive to holders“.  ...READ MORE

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