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
Six companies and five SPACs entered the public market raising about $2 billion. The week's deals mostly included uplistings, crosslistings, and micro-caps, with biotech Revolution Medicines (RVMD) soaring in the standout IPO of the...read more
CITIC Capital Acquisition, a blank check company formed by CITIC Capital targeting energy efficiency and technology businesses in China, raised $240 million by offering an upsized 24 million units at $10. The company had originally filed to offer 20 million...read more
CITIC Capital Acquisition, a blank check company formed by CITIC Capital targeting an energy efficiency and technology business in China, announced terms for its IPO on Wednesday.
The Beijing, China-based company plans to raise $200 million by offering ...read more
Five SPAC mergers have gone bankrupt this year, tying 2022
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
US IPO Weekly Recap: The year's busiest slow week?
Six companies and five SPACs entered the public market raising about $2 billion. The week's deals mostly included uplistings, crosslistings, and micro-caps, with biotech Revolution Medicines (RVMD) soaring in the standout IPO of the...read more
Chinese blank check CITIC Capital Acquisition prices upsized $240 million IPO at $10
CITIC Capital Acquisition, a blank check company formed by CITIC Capital targeting energy efficiency and technology businesses in China, raised $240 million by offering an upsized 24 million units at $10. The company had originally filed to offer 20 million...read more
Chinese SPAC CITIC Capital Acquisition files for a $200 million IPO
CITIC Capital Acquisition, a blank check company formed by CITIC Capital targeting an energy efficiency and technology business in China, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $200 million by offering ...read more