A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
Seven Oaks Acquisition, a blank check company focusing on businesses with good ESG practices, raised $225 million by offering 22.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common...read more
The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education (YQ). Filing activity continued to slow as we near the end of 2020, with one IPO and eight SPACs...read more
Seven Oaks Acquisition, a blank check company focusing on business with good ESG practices, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million by offering 20...read more
Five SPAC mergers have gone bankrupt this year, tying 2022
A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
ESG-focused SPAC Seven Oaks Acquisition prices upsized $225 million IPO at $10
Seven Oaks Acquisition, a blank check company focusing on businesses with good ESG practices, raised $225 million by offering 22.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common...read more
US IPO Weekly Recap: The IPO market is taught a thing or two in an 8 IPO week
The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education (YQ). Filing activity continued to slow as we near the end of 2020, with one IPO and eight SPACs...read more
ESG-focused SPAC Seven Oaks Acquisition files for a $200 million IPO
Seven Oaks Acquisition, a blank check company focusing on business with good ESG practices, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million by offering 20...read more