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TMPMU 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

MPM Capital's biotech SPAC Turmeric Acquisition prices $85 million IPO at $10

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Turmeric Acquisition, a blank check company formed by MPM Capital targeting the biotech industry, raised $85 million by offering 8.5 million units at $10. The company originally planned to offer 10 million units before decreasing the unit offering on...read more

MPM Capital's biotech SPAC Turmeric Acquisition lowers unit offering by 15% ahead of $85 million IPO

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Turmeric Acquisition, a blank check company formed by MPM Capital targeting the biotech industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Cambridge, MA-based company now plans to raise $85 million by offering 8.5 million units at...read more

MPM Capital's biotech SPAC Turmeric Acquisition files for a $100 million IPO

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Turmeric Acquisition, a blank check company formed by MPM Capital targeting the biotech industry, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Cambridge, MA-based company plans to raise $100 million by...read more

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