Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
Traditional IPOs were a no-show again this past week, though four SPACs were willing to brave current market conditions, raising a combined $725 million. The pipeline saw some activity, with three IPOs and two SPACs submitting initial filings. While ...read more
Kensington Capital Acquisition IV, a blank check company led by the founder of Kensington Capital targeting the auto industry, raised $200 million by offering 20 million units at $10. Unlike most SPACs, Kensington IV's units contain two whole warrants, both...read more
Kensington Capital Acquisition IV, a blank check company led by the founder of Kensington Capital targeting the auto industry, announced it would file for an IPO on Thursday. The Westbury, NY-based company plans to raise $200 million by offering 20 million...read more
Polestar trading holds up in the weeks since its SPAC listing; here’s how the electric vehicle maker stacks up against others
Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
US IPO Weekly Recap: No IPOs in another tumultuous week
Traditional IPOs were a no-show again this past week, though four SPACs were willing to brave current market conditions, raising a combined $725 million. The pipeline saw some activity, with three IPOs and two SPACs submitting initial filings. While ...read more
Automotive SPAC Kensington Capital Acquisition IV prices $200 million IPO
Kensington Capital Acquisition IV, a blank check company led by the founder of Kensington Capital targeting the auto industry, raised $200 million by offering 20 million units at $10. Unlike most SPACs, Kensington IV's units contain two whole warrants, both...read more
SPAC Kensington Acquisition IV files for a $200 million IPO, targeting the auto industry
Kensington Capital Acquisition IV, a blank check company led by the founder of Kensington Capital targeting the auto industry, announced it would file for an IPO on Thursday. The Westbury, NY-based company plans to raise $200 million by offering 20 million...read more