SPACs became a casualty of the broader market sell-off on Thursday, as six of the day's nine SPACs finished below issue. Before last week, the SPAC market had gone two months without a deal going negative on its first day, a stretch of 200+ SPACs. The six...read more
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, raised $400 million by offering 40 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50....read more
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, raised the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $400 million by offering 40 million units...read more
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise $300 million by...read more
SPAC cracks: 6 new SPACs break issue in Thursday IPOs
SPACs became a casualty of the broader market sell-off on Thursday, as six of the day's nine SPACs finished below issue. Before last week, the SPAC market had gone two months without a deal going negative on its first day, a stretch of 200+ SPACs. The six...read more
Turnaround veteran's SPAC M3-Brigade Acquisition II prices $400 million IPO
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, raised $400 million by offering 40 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50....read more
SPAC M3-Brigade Acquisition II raises deal size by 33% ahead of $400 million IPO
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, raised the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $400 million by offering 40 million units...read more
Turnaround veteran's second SPAC M3-Brigade Acquisition II files for a $300 million IPO
M3-Brigade Acquisition II, the second blank check company formed by turnaround veteran Mohsin Meghji, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise $300 million by...read more