Renaissance Capital logo

SYM News

28 SPAC mergers that have outperformed in 2023

Symbotic (SVF Investment 3) logo

After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more

15 profitable SPAC mergers that have traded up from listing

Symbotic (SVF Investment 3) logo

About 440 companies have listed via SPAC mergers in the past five years, with only 9% (40) currently trading above their original IPO price. Below, we highlight the 15 de-SPACs in that group that are sizable, have positive revenue growth and EBITDA, and decent...read more

June to begin with a flurry of SPAC merger votes

Symbotic (SVF Investment 3) logo

*Updated on June 1 to reflect the termination of the proposed RBAC/SeatGeek merger, and the postponement of the NAAC/TeleSign vote.* Four SPACs plan to hold votes on their proposed mergers in the short holiday week. De-SPACs...read more

SoftBank's SPAC SVF Investment 3 prices $280 million IPO

Symbotic (SVF Investment 3) logo

SVF Investment 3, the fourth blank check company formed by SoftBank targeting technology-enabled sectors, raised $280 million by offering 28 million shares at $10. The company did not offer units with warrants attached. It may raise an additional $150...read more