At the SPAC of Dawn Betsy Cohen’s team is back with a new S-1 filing for Cohen Circle II (NASDAQ:CCIIU). The filing is good news for the health of the SPAC market as it represents something of a second wave of SPACs by the serial sponsor teams. Cohen Circle I (NASDAQ:CCIR) listed in October 2024...
At the SPAC of Dawn After trickling down to $12.82 at one point in the past year, Sable Offshore (NYSE:SOC) is back on a hot streak now that its oil operations are fully up and running. Having merged with Flame in February 2024, Sable became SPACInsider’s deal of the year, based on the vision that...
At the SPAC of Dawn Tariffs continue to show up in the earnings and corporate moves of de-SPACs. This week, crypto firm Cipher Mining (NASDAQ:CIFR) noted that a major impetus for its offering of $150 million of convertible notes was the expected need to pay tariffs on the server equipment it is importing for its...
At the SPAC of Dawn Welsbach Technology Metals (OTC:WTMA) have given some extra reading material for shareholders ahead of its vote to approve its combination with Evolution Metals next month in the form of the duo’s first investor presentation for the deal. The presentation details Evolution’s plan to build up a rare earth processing facility...
At the SPAC of Dawn A busy week of Fed speaking engagements is set to follow this week after Moody’s late Friday downgrade of US debt, which has left markets in the red through the weekend. SPACs may dodge some of the early fallout from the from the switch from AAA to AA1, as none...
At the SPAC of Dawn The faucet of new SPACs to market is fully open with two more new SPACs pricing overnight and Churchill X (NASDAQ:CCCXU) already fully over-allotted after its May 14 IPO. Of the two IPOs Wen Acquisition Corp (NASDAQ:WENNU) showed particular speed, having filed its initial S-1 just over two weeks ago...
At the SPAC of Dawn After several days of rallying, US futures are red in anticipation of Core PPI readings this morning followed by a raft of industrial and home-building indicators. In the meantime, several de-SPACs have continued to report notable results in their latest earnings. Automotive parts firm Carbon Revolution (NASDAQ:CREV) achieved record revenue...
At the SPAC of Dawn Equities and crypto trading platform eToro has at long last priced its IPO and it is expected to begin trading later today have secured a debut price at $52, above its $46-to-$50 range. This price still values the company at about $4.2 billion, which is less than half of the...
At the SPAC of Dawn Investors are set to get an update on Core CPI inflation readings this morning as de-SPACs continue to report on operational advances alongside their first quarter earnings. Among them, eVTOL developer Archer (NYSE:ACHR) noted that it is on track to deliver its first Midnight aircraft to the UAE in the...
At the SPAC of Dawn This is set to be a slower week for votes with just two SPACs seeking an extension and none yet scheduling a meeting for approving a business combination. Integrated Rail & Resources (OTC:IRRX) primed the pump somewhat for investors ahead of its Tuesday special meeting by announcing it has entered...