Thursday evening, AMCI Acquisition Corp. filed for a $200 million SPAC IPO with a focus on the global natural resources sector and related infrastructure, value chain and logistics businesses. AMCI will be led by Hans Mende, as Executive Chairman of the Board, and William Hunter, as CEO, CFO and Director. ...READ MORE
Alberton is being led by Bin (Ben) Wang, as Chairman and CEO. ...READ MORE
Investors…you’re ship has come in.
Hunter Maritime, just announced they have revised their Extension Tender Offer and “corrected course”. In fact, there hasn’t been a ship so off course since Columbus hit the Caribbean looking for China. ...READ MORE
Alberton will be the 40th SPAC to IPO in 2018.
Thanks to a super accommodating SEC (for quickly turning around a recently amended S-1 this morning), Alberton Acquisition Corporation is now expected to price their $100 million broadly-focused SPAC tonight for trading Wednesday morning. ...READ MORE
Alberton Acquisition Corporation, re-filed their prospectus this morning and added a warrant to its unit. Previously, Alberton’s unit structure consisted of just one ordinary share and one right to receive 1/10 of one share. ...READ MORE
The Warrant Exchange Consideration is now $2.00.
GTY Technology Holdings Inc. (“GTY”), announced this afternoon that it is increasing the cash the consideration for which each public warrant would be automatically exchanged to $2.00, up from $1.35. ...READ MORE
SENTINEL ANNOUNCES FRIDAY MORNING, NOT AFTERNOON…A GOOD SIGN?
Sentinel Energy Services announced this morning it has entered into a definitive agreement to acquire a majority interest in Strike Capital LLC (“Strike Capital”), which owns and operates Strike LLC (“Strike”), a leading North America infrastructure and integrity services and projects business. ...READ MORE
This afternoon, Hennessy Capital Acquisition Corp. III (HCAC), Daniel Hennessy’s third SPAC, released the results of their shareholder vote to approve their business combination with NRC Group Holdings. Shareholders approved the transaction, but there was an uncomfortable amount of redemptions. ...READ MORE
The Gores team celebrated by renting a car, running three red lights (without getting fined) and then ate some Twinkies.
Graf Industrial is the sixth SPAC to price this October with total gross proceeds raised for the month of $1.114 billion. ...READ MORE
Graf Industrial Corp. is now expected to price their $225 million industrials-focused SPAC tonight for trading tomorrow. Graf Industrial is being led by James Graf, as CEO and Director and as previously mentioned, Mr. ...READ MORE
For subscribers that have a Database Subscription, we’ve added a new table that you can now find under the SPACs tab: At-Risk Capital / Promote.
We’ve detailed each SPAC team’s at-risk capital as well as the sponsor’s promote for all SPACs by category: Searching for a Target, Announced a Transaction, and currently Filed for IPO. ...READ MORE
DD3 Acquisition Corp., a $50 million SPAC focused on a SPAC focused Mexico and Hispanic business in the U.S., announced the pricing of their IPO tonight and will begin trading tomorrow under the symbol DDMXU. ...READ MORE
MTech Aquisition Corp. (“MTEC”), announced Thursday morning that they have entered into a definitive merger agreement with MJ Freeway LLC, a leading seed-to-sale technology provider and developer of the cannabis industry’s first enterprise resource planning platform. ...READ MORE
Jensyn Acquisition Corp. announced tonight they have terminated their agreement with Oneness Global due to a breach of representations and warranties by Oneness Global. Jensyn has further demanded to be paid the $2,500,000 termination fee provided for in the Share Exchange Agreement. ...READ MORE
Well…it’s Friday afternoon. That means it’s “Hide Yo Deal” time.
Hunter Maritime, a $150 million SPAC focused on the international maritime shipping industry and underwritten by Morgan Stanley, just announced they have entered into a definitive agreement with NCF Wealth Holdings Limited. ...READ MORE
EdTechX Holdings Acquisition Corp., priced their $55 million IPO this morning, rounding out the “Super Friday” group of four SPACS to IPO today. EdTechX is focused on the education and education technology sectors and will begin trading this morning under the symbol EDTXU. ...READ MORE
ChaSerg will be led by Lloyd Carney, as CEO and a Director, and Eric Benhamou, as President, CFO and Director. ...READ MORE