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KORE News

Blank check investors grow more selective amid SPAC boom

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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

US IPO Weekly Recap: McAfee leads a 5 IPO week

MCFE

Five IPOs and 17 SPACs went public this past week. While new filing activity has slowed as the election approaches, four IPOs and four SPACs submitted initial filings. Leading security software provider McAfee (MCFE) priced...read more

SPAC Cerberus Telecom Acquisition prices further downsized $250 million IPO at $10

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Cerberus Telecom Acquisition, a blank check company formed by Cerberus Capital Management targeting the ICT industry, raised $250 million by offering 25 million units at $10. The company offered 5 million fewer units than anticipated. Each unit consists of one...read more

Cerberus Capital Management's SPAC Cerberus Telecom Acquisition lowers deal size by 25% ahead of $300 million IPO

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Cerberus Telecom Acquisition, a blank check company formed by Cerberus Capital Management targeting the ICT industry, lowered the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $300 million by offering...read more