Apologies for the Star Trek quote, but every time I hear “New Frontier,” its all I can think of…
New Frontier Corp., just filed their CERT, so as widely expected, this SPAC will be pricing their up-sized $230 million IPO tonight for trading Thursday. ...READ MORE
It’s only 10:15AM, but voting has been heavy this morning and the match between Cantor and EarlyBird is tight!
Remember, voting ends at Midnight and the ultimate winner is based on TOTAL number of votes throughout the entire tournament. ...READ MORE
Voting ends at Midnight so there’s still time…Get your votes in to see who makes the Final Four!
Standings:
Bofa 67% vs Credit Suisse 33%
B. Riley FBR 100% vs. ...READ MORE
Hennessy Capital Acquisition Corp. III, Daniel Hennessy’s third SPAC focused on the industrial sector, announced this morning it has entered into a definitive agreement and to acquire NRC Group Holdings, a portfolio company of private equity firm, J.F. ...READ MORE
U.S. News and World Report just released an article stating that Chinh Chu, a former Blackstone Group dealmaker, has partnered with Pinnacle Foods Chairman Roger Deromedi, for a new SPAC focused on the consumer sector. ...READ MORE
We have a pretty decent match going on between BofA and Chardan. Chardan took the lead this morning, but BofA came back and is now leading 57% to 43%. ...READ MORE
Easterly Acquisition Corp, a SPAC focused on the financial services sector, announced this morning it has entered into a definitive agreement and plan of merger with Sirius International Insurance Group, Ltd., ...READ MORE
In light of the forthcoming second quarter league tables being published next week, SPACInsider has created our first annual Underwriters League Tournament! It’s been an incredibly busy month for SPACs and we wanted to have some fun and inspire a little healthy competition, so we hope you enjoy and participate in each day’s matches. ...READ MORE
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High times, indeed. According to a NY Post article that was posted late last night, Origo Acquisition Corporation’s target, High Times, began a Reg A+ funding round this week, exactly one week after shareholders approved the new completion extension date of September 12th. ...READ MORE
In addition to bringing on Chardan Capital Markets as a co-manager, Allegro Merger Corp. changed its Rights Terms to reflect holders receiving one-tenth (1/10) of a share versus the originally stated one-twentieth (1/20). ...READ MORE
Gores Holdings II, a $400 million SPAC, announced this morning it has entered into a definitive agreement and plan of merger with Verra Mobility, a provider of tech-enabled smart transportation solutions and a portfolio company of Platinum Equity, with an anticipated initial enterprise value of $2.4 billion. ...READ MORE
New Frontier Corp. filed an amended S-1 this morning with a few noteworthy changes. First, the transaction size is now $230 million, up from $200 million in previous filings. ...READ MORE
Last night, both Twelve Seas Investment Company and LF Capital Acquisition Corp. priced their initial public offerings and will begin trading today under the symbols TWLVU and LFACU, respectively. ...READ MORE
Well, it looks like LF Capital Acquisition Corp., a $135 million Fintech-focused SPAC, is pricing Tuesday evening as well. LF Capital filed their CERT shortly after Twelve Seas, so we’ve got ourselves a double dose of SPACs. ...READ MORE
Twelve Seas Investment Company a Pan-Eurasian focused SPAC, will be pricing their $150 million SPAC IPO tonight for trading Wednesday. ...READ MORE
This morning, Thunder Bridge announced the pricing of their upsized $225 million SPAC. The unit will begin trading Tuesday under the symbol TBRGU. ...READ MORE
Thunder Bridge filed their CERT with the Nasdaq on Friday evening, indicating their IPO is imminent and should price tonight for trading tomorrow under the symbol “TBRGU”. ...READ MORE
LF Capital Acquisition Corp., a SPAC focused on the Fintech sector, filed another amended S-1 this morning. Of note, the pro rata percentage held in trust jumped a percentage point from 101% to 102%. ...READ MORE
Late this afternoon, Twelve Seas Investment Company filed an amended S-1 that included an upsized offering for a $150 million IPO, previously $100 million. As we’ve mentioned before, this team is stacked with a lot of SPAC experience and that is a very big plus, so we can only surmise that initial feedback must have been so positive as to warrant an upsize of 50%. ...READ MORE