At the SPAC of Dawn Trade tensions may have claimed two business combinations as casualties last week, but they have not stopped deal flow altogether as Ares II (NYSE:AACT) still moved forward with its own announcement this morning. The deal was first rumored to be close early last month during simpler times for the market....
At the SPAC of Dawn The past month’s rocky intersection of politics and economics continues to have up-and-down effects for de-SPACs. The latest to get a boost this week was Latin American real estate developer Murano Global Investments (NASDAQ:MRNO). The 2024 merger target of HCM saw a one-day gain of +9.2% propel its share price...
At the SPAC of Dawn The Trump administration’s midday decision yesterday to do a sudden pause on most of its tariffs sent markets skyrocketing and allowed many de-SPACs to retrieve significant ground lost since the beginning of the year. The biggest gainer on the session was Israeli cybersecurity firm HUB Cyber Security (NASDAQ:HUBC), which also...
At the SPAC of Dawn Amid the present market volatility, companies have been doing their best to hang on. But, for companies that just closed their de-SPAC transactions, the combination of the present headwinds and the usual post-close share turnover has been a mighty storm indeed. The 21 companies that have closed deals since the...
At the SPAC of Dawn A burst of optimism in the middle of this stretch the market has been having would have likely been out of place, and the NFIB Small Business Optimism Index released this morning did not deliver it. The survey found small business optimism dropped to a rating of 97.4 in March,...
At the SPAC of Dawn While the trade war has upended the market, that has not kept away new SPACs as three more have filed for IPOs since the market closed on Friday. SPACs further along in their journey have been quieter however. With market volatility high, only two are currently poised to hold votes...
At the SPAC of Dawn While the markets digest the impact of the US’ new broad-based tariffs on the rest of the world, SPACs are making their first moves in the new landscape. As SPACInsider previewed in a post yesterday, Hennessy VI (NASDAQ:HCVI) was set to be the first shoe to drop as it had...
At the SPAC of Dawn Trump’s tariffs have finally been unveiled and the markets for the moment are reeling with futures down nearly -3.8% for the Nasdaq and -2.8% for the Dow. International markets have so far seen shallower dips during the day’s trading, which could mean that the waters will calm as the day...
At the SPAC of Dawn Despite the jitters sent through the market ahead of today’s festival of tariff implementations, SPACs have shown themselves to be unconcerned with “Liberation Day” as two teams priced their IPOs and will debut in the eye of the storm later today. That makes for four new SPAC listings on the...
At the SPAC of Dawn Two new SPACs priced their IPOs yesterday, showing that SPACs at least are not entirely spooked by the markets continued downturn. Futures continue to be beet red heading into the second day of the week, particularly for the SPAC-favorite exchange Nasdaq. SPACs have the potential to shine in this environment,...