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CRHC News

SPAC mergers now take more than 7 months to complete on average

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Blank-check mergers have faced a myriad of challenges lately, including poor returns, high redemptions, and rising terminations. In this tough environment, 2022 SPAC mergers have taken longer to complete than prior years, averaging about 7 months from deal...read more

Lottery operator Allwyn Entertainment places bets on a $9.3 billion SPAC merger

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European lottery operator Allwyn Entertainment is set to go public on the NYSE, likely in the coming weeks, following shareholder approval of the company’s proposed SPAC deal on September 7. Allwyn Entertainment is merging...read more

US IPO Weekly Recap: IPO launches and filings abound in the post-Labor Day frenzy

LSPD

One IPO and nine SPACs went public this past week. Thirteen IPOs and eleven SPACs submitted initial filings as the IPO market gears up for a busy September.  Canadian cloud-based POS software provider Lightspeed POS (LSPD)...read more

Clifton Robbins and Gary Cohn's SPAC Cohn Robbins Holdings prices upsized $720 million IPO at $10

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Cohn Robbins Holdings, a blank check company formed by Gary Cohn and ESG investing veteran Clifton Robbins, raised $720 million by offering 72 million units at $10. The company offered 12 million more units than anticipated. Each unit consists of one share...read more