Maywood Acquisition Corp. (NASDAQ:MAYAU) announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MAYAU”, Thursday, February 13, 2025.
Maywood will have a broad search focus and will pursue an initial business combination in any industry or geographic location.
The team is led by Zikang Wu as Chairman, Chief Executive Officer and Chief Financial Officer. Zixun Jin, Hao Tian, and Chao Yang will serve as Directors.
Total SPAC deal count for 2025 year-to-date is now 12. This offering is expected to close on Friday, February 14, 2025.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is acting as the lead book-running manager for the offering and Seaport Global Securities is acting as joint-book-runner for the offering. Graubard Miller is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Busch & Associates CPA serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Quartzsea Acquisition Corporation (NASDAQ:QSEAU) announced the pricing of its upsized $72 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “QSEAU”, Tuesday, March 18, 2025. The new SPAC plans to conduct a broad search for a target company with a strong competitive advantage within its respective sector. Quartzsea...
Thayer Ventures II (NASDAQ:THAIU) has filed for a $175 million SPAC to hunt for a target in travel and transportation, which could help revive what has been a quiet sector for SPAC activity over the past year. The new SPAC also continues a return to the SPAC market for underwriters Stifel and Oppenheimer & Co.,...
Sizzle Acquisition Corp. II (NASDAQ:SZZLU) has filed for a $200 million SPAC with terms that show a variety of signs that its team has been able to capitalize on the success of its first vehicle. This new SPAC will not be overfunded and has one right to a 1/10 share in each unit with 24...
At the SPAC of Dawn Three new SPACs filed for IPOs just before the weekend, bringing 2025’s total to 29 new SPACs filed. This growing backlog in the IPO line is beginning to significantly outpace those that have managed to price their offerings so far. On the IPO side, 16 SPACs have made it to...
Terms Tracker for the Week Ending March 14, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Once again, market volatility was the headline news this week, and while that doesn’t directly affect SPACs, it has some effect. For investors, it’s usually...