It’s Time to Say Goodbye…
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This post is bittersweet for me to write. It’s both exciting and yet, difficult to put down my thoughts.
The time has come for me to move on… but first, a brief explanation. ...READ MORE
Tuscan Holdings Corp. Files for $200M SPAC IPO
Another new SPAC filing!
Wedneday evening, Tuscan Holdings Corp. (THCBU), debuted their $200 million SPAC focused on the cannabis industry and will be led by Stephen Vogel, as Chairman and CEO. ...READ MORE
Hunter Maritime (HUNT) Commences a Tender Offer at $10.215
Hunter Maritime, which is currently in the process of trying to complete their business combination with NCF Wealth Holdings Limited, announced that they have commenced a tender offer to purchase up to 2,173,750 of its Class A common shares at a purchase price of $10.215 per share. ...READ MORE
Sentinel Energy Services (STNL) Announces Termination of Agreement
Sentinel Energy Services announced this morning it has mutually terminated its transaction agreement with Strike Capital, LLC. The reason cited being market conditions.
The Energy sector has had a tough go of it since the Fall, so this announcement is somewhat unsurprising. ...READ MORE
Acamar Partners (ACAMU) Re-Files and Gets Ready to IPO
Acamar Partners refiled their S-1 tonight and looks to be getting ready to IPO next week. However, there was one important change to Acamar’s terms – they added the Crescent Term with a threshold of $9.20. ...READ MORE
Hennessy Capital Acquisition Corp. IV Files for $250M SPAC IPO
Monday evening, we had another new SPAC IPO filing, this time from serial SPAC issuer Daniel Hennessy. Hennessy Capital Acquisition Corp. IV (HCACU), will be focusing on industrial, infrastructure solutions and value-added distribution sectors in the United States and plans to raise $250 million. ...READ MORE
RMG Acquisition Corp. (RMG.U) Prices $200 Million SPAC
RMG Acquisition Corp. (RMG.U), announced the pricing of their $200 million SPAC IPO this evening and the units are expected to begin trading tomorrow, February 8th, under the symbol NYSE: RMG.U. ...READ MORE
Monocole Acquisition Corp. (MNCLU) Prices $150 Million SPAC
Monocle Acquisition Corporation (MNCLU), announced the pricing of their $150 million SPAC IPO this evening and the units are expected to begin trading tomorrow, February 7th, under the symbol Nasdaq: MNCLU. ...READ MORE
Tortoise Acquisition Corp. Files for $225M SPAC IPO
Wednesday evening, we had a new SPAC IPO filing in the form of the $225 million Tortoise Acquisition Corp. Tortoise is being led by Vincent Cubbage, as CEO, President and Chairman of the Board of Directors. ...READ MORE
Monocle Acquisition Corporation (MNCLU) Goes to 101% in Trust
MNCLU Expected to Price Tonight for Trading Tomorrow
Monocle Acquisition Corporation (MNCLU), revised terms and re-filed their S-1 this morning. Notably, the amount held in trust increased to 101% or $10.10 per share. ...READ MORE
Wealthbridge Acquisition Limited (HHHHU) Prices $50 Million SPAC
Wealthbridge Acquisition Limited (HHHHU), announced the pricing of their $50 million SPAC IPO this morning and the units are expected to begin trading today under the symbol Nasdaq: HHHHU.
Wealthbridge, which intends to focus on businesses in and around the air transportation and aviation industry in China, is being led by Yongsheng Liu, as Chairman and CEO. ...READ MORE
GTY Technology Holdings (GTYH) to Enter into Strategic Partnership
GTY Technology (GTYH), which has been pumping out 8-Ks at a furious pace lately, released another 8-K this morning announcing they have entered into an agreement to negotiate a strategic partnership with a global payment processing company 45 days from the closing of their business combination. ...READ MORE
Monday Morning Kickoff: Sentinel (STNL), Modern Media (MMDM) & Organogenesis (ORGO)
Three quick news items to start the week:
Sentinel Energy Services (STNL)
Sentinel announced this morning that it has postponed its shareholder vote to complete it’s combination with Strike Capital, LLC. ...READ MORE
Pensare (WRLS) Announces Business Combination with TPx Communications
Pensare Acquisition Corp. (WRLS), announced this morning that they have entered into a definitive agreement to combine with TPx Communications, a provider of Unified Communications and cloud-focused Managed IT Services.
The transaction implies a combined company enterprise value of approximately $1.1 billion and a multiple of approximately 8.0x expected 2019 adjusted EBITDA. ...READ MORE
Gores Metropoulos, Inc. (GMHIU) Prices $375 Million SPAC
Gores Metropoulos, Inc. (GMHIU), announced the pricing of their $375 million SPAC IPO this afternoon and the units are expected to begin trading tomorrow, February 1st, under the symbol Nasdaq: GMHIU. ...READ MORE