MTech Acquisition Corp. Amends Merger Agreement
If only tomorrow wasn’t Saturday…MTech could have filed this on 4/20*…
If you’ve been wondering what’s been going on with MTech, well…we have an answer. Sort of. Mtech Acquisition Corp. (MTEC) was supposed to hold their shareholder vote to complete their business combination with MJ Freeway, back on March 12th. ...READ MORE
Health Sciences Acquisitions Corp. Files for $100M SPAC IPO
This morning, Health Sciences Acquisitions Corp. (HSACU) filed for a $100 million, RTW Investments-backed SPAC focusing on BioPharma and Med Tech companies in North America and Europe. For those not familiar with RTW, they are a $1.9 billion investment firm focused on both public and private investments in the health/life sciences sectors. ...READ MORE
Twelve Seas Announces Combination with Brooge Petroleum & Gas
[This post is currently only available for Database subscribers.] Twelve Seas Investment Company (BROG), announced this morning that they have entered into a business combination agreement to combine with Brooge Petroleum and Gas Investment Company (“BPGIC”), a United Arab Emirates (UAE) company in the oil storage and services business. The transaction is being valued atRead More
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Diamond Eagle is Still a Diamond in the Rough…
Tonight we had a surprise filing from Jeff Sagansky with the debut of his fifth “Eagle” SPAC, Diamond Eagle. Diamond Eagle is a $350 million IPO, but we don’t really know much more than that just yet (there are a lot of blanks). ...READ MORE
AGBA Acquisition Limited Files for $40M SPAC IPO
This morning, we had another new SPAC filing to add to the SPAC coffers with AGBA Acquisition Limited, a $40 million IPO. AGBA (whose letters are most likely an acronym of…something, but inevitably, you just wind up calling it “Aggg-Buhh”), will be focusing on businesses in China. ...READ MORE
Part II: NASDAQ’s Proposed Changes May Impact SPACs
So what does this mean for SPACs….
Below is the follow-up to the article that was published last week detailing Nasdaq’s proposed changes to its listing requirements. This time around, we focus on how the proposed changes could potentially impact SPAC combinations going forward should these listing standards become the new norm. ...READ MORE
B. Riley Principal Merger Corp. (BRPM.U) Prices $125 Million SPAC
B. Riley Principal Merger Corp. (BRPM.U), announced the pricing of their $125 million SPAC IPO this morning and the units are expected to begin trading today, April 9th, under the symbol NYSE: BRPM.U. ...READ MORE
Leo Holdings Corp. (LHC) to Combine with Chuck E. Cheese
[This post is currently only available for Database subscribers.] Leo Holdings Corp. (LHC), announced this morning that they have entered into a definitive business combination agreement with CEC Entertainment, Inc. (“CEC”), the owner, operator, and franchisor of the Chuck E. Cheese and Peter Piper Pizza brands. Queso Holdings, Inc. (“Queso”), is the parent company ofRead More
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Capitol Investment Corp. IV (CIC) to Combine with Nesco
[This post is currently only available for Database subscribers.] Capitol Investment Corp. IV (CIC), announced this morning that they have entered into a definitive agreement to combine with Nesco Holdings I, Inc. (“Nesco”), a provider of specialty rental equipment to the electric utility, telecom and rail end-markets. Nesco is currently a portfolio company of EnergyRead More
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Act II Global Acquisition Corp. Files for $250M SPAC IPO
Friday evening saw Act II Global Acquisition Corp. file for a $250 million SPAC IPO and it was the first new SPAC filing in roughly three weeks. SPACs come in waves, so if the past is any indicator, expect a few more new filings in the next week or two to give Act II a run for their money (literally). ...READ MORE
Part I: NASDAQ’s Proposed Changes May Impact SPACs
Things are potentially about to get a whole lot more difficult…
As many of you may or may not know, the SEC published the Nasdaq’s proposed changes to their listing requirements Wednesday and it is most certainly a reaction to the wild price swings of low-float stocks, such as Phunware (PHUN) and Hunter Maritime (HUNT). ...READ MORE
B. Riley Principal Merger Re-files and Amends Terms
B. Riley Principal Merger Corp. (BRPM.U) re-filed their S-1 tonight and amended a few important terms. Of note, the SPAC life dropped to 18 months from their previously stated 24 months. ...READ MORE
Replay Acquisition Corp. (RPLA.U) Prices $250 Million SPAC
Replay Acquisition Corp. (RPLA.U), announced the pricing of their $250 million SPAC IPO this evening and the units are expected to begin trading tomorrow, April 4th, under the symbol NYSE: RPLA.U. ...READ MORE
Replay Acquisition Corp. Pricing Their $250 Million SPAC Tonight
Replay Acquisition Corp. (RPLA.U), is getting set to price their $250 million Brazil/Argentina-focused SPAC tonight, with an 8-a12b filing along with their CERT. Replay will be the first SPAC out of the gate for Q2, but both B. ...READ MORE