Mercury Ecommerce Acquisition Corp. announced the pricing of its $175 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “MEACU” Wednesday, July 28.
The new SPAC aims to combine with a high growth target with bolt-on acquisition opportunities and a substantial recurring revenue base. Mercury Ecommerce is led by Chairman M. Blair Garrou, President and CEO R. Andrew White, CFO and Secretary Winston Gilpin, and VP and CSO Christy Cardenas.
Total SPAC deal count for 2021 year-to-date is now 382. This offering is expected to close on Friday, July 30.
Needham & Company is serving as the sole book-running manager for the offering. Sidley Austin 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 is acting as trustee.
At the SPAC of Dawn After a cheery string of good news indicators, futures remain green heading into the final trading session of the week. The final reading for consumer sentiments is to come at about 10 am, which will hopefully match the market’s recent mood. There is some time delay on this indicator, however,...
Inflection Point Acquisition Corp. III (NASDAQ:IPCXU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPCXU”, Friday, April 25, 2025. The new SPAC aims to combine with a disruptive technology company in North America or Europe that is customer-focused and adaptable to...
Crane Harbor Acquisition Corp. (NASDAQ:CHACU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHACU”, Friday, April 25, 2025. The Company’s primary focus will be to identify companies in the technology, real assets, and energy sectors. Crane Harbor’s management team is led...
Flag Ship Acquisition Corporation (NASDAQ:FSHP) has entered into a definitive agreement to combine with Great Future under so far undisclosed terms. Transaction Overview Flag Ship has about $71.6 million in its current trust and has until September 20, 2025 to complete a business combination but may extend up to nine times for one month each...
At the SPAC of Dawn SPAC momentum has not waned amid the market rally as three more SPACs are angling to price their IPOs by this evening, adding to two others and went public earlier this week. This would bring April’s tally to nine SPAC IPOs after just three in March. It has not been...