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TEKKU 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

Entertainment and gaming SPAC Tekkorp Digital Acquisition prices $250 million IPO at $10

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Tekkorp Digital Acquisition, a blank check company formed by Tekkorp Capital targeting the digital media and leisure industries, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more

Entertainment and gaming SPAC Tekkorp Digital Acquisition lowers deal size by 17% ahead of $250 million IPO

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Tekkorp Digital Acquisition, a blank check company formed by Tekkorp Capital targeting the digital media and leisure industries, lowered the proposed deal size for its upcoming IPO on Tuesday. The Las Vegas, NV-based company now plans to raise $250 million...read more