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
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
GS Acquisition Holdings II, the second blank check company formed by Goldman Sachs, raised $700 million by offering 70 million units at $10, as expected. Each unit consists of one share of common stock and one-quarter of one redeemable warrant; whole...read more
GS Acquisition Holdings, a blank check company formed by Goldman Sachs and the former CEO of Honeywell, raised $600 million by offering 60 million units at $10, as expected. At pricing, GS Acquisition commands a market value of $750 million. Units consist...read more
28 SPAC mergers that have outperformed in 2023
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
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
Goldman SPAC GS Acquisition Holdings II prices $700 million IPO at $10
GS Acquisition Holdings II, the second blank check company formed by Goldman Sachs, raised $700 million by offering 70 million units at $10, as expected. Each unit consists of one share of common stock and one-quarter of one redeemable warrant; whole...read more
Year's biggest blank check: Goldman-backed GS Acquisition prices $600 million IPO at $10
GS Acquisition Holdings, a blank check company formed by Goldman Sachs and the former CEO of Honeywell, raised $600 million by offering 60 million units at $10, as expected. At pricing, GS Acquisition commands a market value of $750 million. Units consist...read more