Renaissance Capital logo

BCG News

Financials SPAC Kingswood Acquisition prices $100 million IPO at $10

Binah Capital Group (Kingswood Acquisition) logo

Kingswood Acquisition, a blank check company formed by Kingswood targeting the financial services industry, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and three-quarters of a warrant, exercisable at...read more

Kingswood's financials-focused SPAC Kingswood Acquisition lowers deal size by an additional 20% ahead of $100 million IPO

Binah Capital Group (Kingswood Acquisition) logo

Kingswood Acquisition, a blank check company formed by Kingswood targeting the financial services industry, lowered the proposed deal size a second time for its upcoming IPO on Thursday. The New York, NY-based company now plans to raise $100 million by...read more

Blank check investors grow more selective amid SPAC boom

Binah Capital Group (Kingswood Acquisition) logo

2020’s SPAC mania is showing signs of fatigue. A record-shattering 168 blank check IPOs have raised $57 billion this year, more proceeds than...read more

Kingswood's financials SPAC Kingswood Acquisition lowers deal size by 17% ahead of $125 million IPO

Binah Capital Group (Kingswood Acquisition) logo

Kingswood Acquisition, a blank check company formed by Kingswood targeting the financial services industry, lowered the proposed deal size for its upcoming IPO on Friday. The New York, NY-based company now plans to raise $125 million by offering 12.5...read more