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OWL 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

HPS Investment's SPAC Altimar Acquisition prices $250 million IPO at $10

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Altimar Acquisition, a blank check company formed by HPS Investment Partners, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company originally...read more

HPS Investment Partners' SPAC Altimar Acquisition lowers deal size by 17% ahead of $250 million IPO

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Altimar Acquisition, a blank check company formed by HPS Investment Partners, lowered the proposed deal size for its upcoming IPO on Wednesday. The New York, NY-based company now plans to raise $250 million by offering 25 million units at a price of $10....read more