De-SPACs are having a moment. While returns have been meager – less than 10% of last year’s mergers trade above the $10 transaction price – several areas have surged over the past several months, with some names up more than +500%. Excluding...read more
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 about $890 million ...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,...read more
Diamonds in the rough: These 26 de-SPACs have soared over 150% in the past six months
De-SPACs are having a moment. While returns have been meager – less than 10% of last year’s mergers trade above the $10 transaction price – several areas have surged over the past several months, with some names up more than +500%. Excluding...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 about $890 million ...read more
US IPO Weekly Recap: No IPOs in another tumultuous week
the calendar ...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,...read more