Gores Holdings III, Inc. (PAE), which recently held their shareholder vote to complete their combination with PAE on Friday, February 7th, announced this morning that they have now closed their acquisition. ...READ MORE
DD3 Acquisition Corp. (DDMX), which today held their shareholder meeting to vote on their combination with Betterware de Mexico, filed an 8-K this afternoon detailing their results. However, those results are currently limited to just the shareholder vote, not the redemption results. ...READ MORE
Forum Merger II Corp. (FMCI), filed an 8-K this afternoon releasing the details of today’s shareholder vote to extend their deadline from February 7, 2020 to June 10, 2020, and once again, we had another extremely good vote. ...READ MORE
Pure Acquisition Corp. (PACQ), announced a few changes this morning, mostly concerning amending many of the dates within their agreements since they have previously extended their deadline and are heading into another extension vote on February 17th. ...READ MORE
B. Riley Principal Merger Corp. (BRPM), which is scheduled to hold their shareholder vote to complete their combination with Alta Equipment Holdings, Inc., on Tuesday, February 11, 2020, released their redemption results early today, which is a refreshing change of pace. ...READ MORE
Fellazo, Inc. (FLLC), which still has not filed their 10-Q and is currently appealing their potential de-listing on the Nasdaq, filed an 8-K yesterday with a whole bunch of changes in an effort to remedy their “inadequate and ineffective internal controls” (their words, not mine). ...READ MORE
Leo Holdings Corp. (LHC), which is scheduled to hold their extension vote on Tuesday, February 11th, previously teased investors by putting out a press release on January 27th, providing a few headline details about a potential target they are in discussions with for a combination. ...READ MORE
This afternoon, Boxwood Merger Corp. (BWMC), which was originally scheduled to hold their shareholder vote today to complete their combination with Atlas Intermediate Holdings LLC, adjourned their meeting for the fourth time. ...READ MORE
GS Acquisition Holdings Corp. (GSAH), filed an 8-K this afternoon detailing the results of their recent shareholder vote to approve their business combination with Vertiv Holdings LLC, a global provider of critical digital infrastructure and continuity solutions. ...READ MORE
Are SPACs at risk?
The SPAC news has been rather muted the past few days, and while it promises to ramp up starting tomorrow with two shareholder votes to complete combinations (GSAH and BWMC), it has left us all some time ponder some of the other world events currently happening. ...READ MORE
InterPrivate Acquisition Corp. (IPV.U), announced the pricing of their upsized $210 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Tuesday, February 4th, under the symbol NYSE:IPV.U. ...READ MORE
Friday night, dMY Technology Holdings, Inc. (DMYT.U) filed for a $200 million SPAC IPO focused on the the mobile application (“app”) ecosystem and consumer internet companies. dMYT will be led by Niccolo de Masi, as Chief Executive Officer, and Harry You, as Chairman. ...READ MORE
In no particular order, the below is a summary of Friday’s SPAC news.
NEW SPAC: dMY Technology Group, Inc. (DMYT.U)
Tonight’s notable news provided below.
INTERPRIVATE ACQUISITION CORP. (IPV.U)
InterPrivate Acquisition Corp. (IPV.U), which was widely expected to price yesterday for trading today, and was then subsequently moved to tonight, has now been further pushed off to Monday, February 3, 2020, for trading Tuesday, February 4, 2020. ...READ MORE
FORUM MERGER II CORP. (FMCI)
Forum Merger II Corp. (FMCI), which previously filed a preliminary extension proxy on January 17th, without a contribution to trust for non-redeemers, filed their definitive proxy tonight, but this time with a $0.033 per month contribution. ...READ MORE
Leo Holdings Corp. (LHC), which is headed for an extension vote on February 11th, filed an 8-K this morning providing information on a potential target they are in discussions with for a combination. ...READ MORE
It’s not the weekend yet…we have a few more updates for you, provided below.
PURE ACQUISITION CORP. (PACQ)
Boxwood Merger Corp. (BWMC), which recently announced they had secured additional financing for their pending combination with Atlas Intermediate Holdings, LLC, also announced earlier this afternoon that they would be adjourning their January 30th shareholder vote. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS) announced at 8:00 p.m. this evening that it would be extending the expiration of its tender offer to purchase up to 25,000,000 shares at a purchase price of $10.28 (plus accrued interest) for a fifth time. ...READ MORE