Market Intel

8 articles this week

New SPAC: Heroic Empire Acquisition Limited Files for $100M IPO

Heroic Empire has filed for a $100 million IPO in what is the first new SPAC S-1 to hit the SEC in two weeks. Well, "new" is perhaps a misnomer in this case, as the team previously filed to IPO a SPAC under the same name back in 2022. More

Nicholas Alan Clayton·Oct 27

Morning SPAC News Roundup: October 27, 2026

The 11-day drought of SPAC IPOs is set to be broken later today as SPACCircle (NASDAQ:SCQCU) priced its $100 million offering overnight, but its terms reveal how generous teams have to be towards investors in order to get through in certain corners of the market. More

Nicholas Alan Clayton·Oct 27

SPACCircle Acquisition Corp. (SCQCU) Prices $100M IPO

SPACCircle Acquisition Corp. (NASDAQ:SCQCU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol "SCQCU" on Tuesday, October 27, 2026. More

Nicholas Alan Clayton·Oct 26

Amanat (AMAN) to Combine with Corxel US in $228M Deal

Amanat (NASDAQ:AMAN) has entered into a definitive agreement to combine with biotech firm Corxel Pharmaceuticals at an enterprise value of $228 million. Corxel is developing an oral GLP-1 weight-loss drug as well as other potential treatments. More

Nicholas Alan Clayton·Oct 26

Morning SPAC News Roundup: October 26, 2026

With just one week left in October, the month has currently represented a slowdown in SPAC IPOs, with just four teams pricing their vehicles since October 1. More

Nicholas Alan Clayton·Oct 26

SPAC IPO Terms Tracker: October 23, 2026

Terms Tracker for the Week Ending October 23, 2026 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. It was a very quiet week with zero SPAC IPOs priced and zero new SPACs filed, but there were two new deals announced to bring the year-to-date announcement count to 85. More

Kristi Marvin·Oct 24

APEX Tech (TRAD) to Combine with Korai Flix in $3.5Bn Deal

APEX Tech (NYSE:TRAD) has entered into a definitive agreement to combine with South Korean film studio Korai Flix at a $3.5 billion pre-money equity value. Korai Flix has launched an online content platform that provides AI-generated short films and allows users to produce their own interactive content with AI avatars. More

Nicholas Alan Clayton·Oct 21

Podcast: Elroy Air on Expanding the Role of Drones in Defense and Logistics

This week, we speak with Andrew Clare, CEO of Elroy Air, which announced a $961 million business combination with Inflection Point Acquisition Corp. VII (NASDAQ:IPXG) in June. Drones are suddenly everywhere, but very few can handle jobs that require heavy lift along with vertical takeoff. More

Kristi Marvin·Oct 21

TCGX (TCGX) to Combine with TriGemX Bio in $403M Deal

TCGX I (NASDAQ:TCGX) has signed a definitive agreement to combine with drug developer TriGemX Bio at a pro forma enterprise value of $402.8 million. New York-based TriGemX Bio is developing a drug candidate for the treatment of acute migraines that is currently in Phase III trials. More

Nicholas Alan Clayton·Oct 19

SPAC IPO Terms Tracker: October 16, 2026

Terms Tracker for the Week Ending October 16, 2026 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. Two more IPOs priced this week, bringing the October count to four and the 2026 year-to-date count to 156. More

Kristi Marvin·Oct 17