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HHRS News

Five SPAC mergers have gone bankrupt this year, tying 2022

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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

Riverstone SPAC Decarbonization Plus Acquisition IV prices $275 million IPO

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Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, raised $275 million by offering 27.5 million units at $10. Each unit consists of one ordinary share and one-half of a...read more

Riverstone's SPAC Decarbonization Plus Acquisition IV further lowers deal size ahead of $275 million IPO

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Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, lowered the proposed deal size for its upcoming IPO on Friday. The Menlo Park, CA-based company now plans to raise $275...read more

Riverstone's SPAC Decarbonization Plus Acquisition IV decreases deal size by 14% ahead of $300 million IPO

Hammerhead Energy (Decarbonization Plus Acquisition IV) logo

Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, lowered the proposed deal size for its upcoming IPO on Wednesday. The Menlo Park, CA-based company now plans to raise $300...read more