The SPAC market is showing new signs of pressure as four merger agreements have been called off over the past two weeks. That represents 36% of the year’s 11 terminations, all of which have come in the second half of the year, mostly from deals announced...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
Yunhong International, a blank check company targeting consumer or lifestyle assets in Asia, raised $60 million in an upsized offering of 6.0 million units at $10. The company sold $10 million more in units than expected. Each unit consists of one share of Class...read more
China Yunhong Holdings, a blank check company targeting consumer or lifestyle assets in Asia, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The Wuhan, China-based company plans to raise $50 million by offering 5...read more
Ripped blank checks: SPAC market sees bump in merger terminations
The SPAC market is showing new signs of pressure as four merger agreements have been called off over the past two weeks. That represents 36% of the year’s 11 terminations, all of which have come in the second half of the year, mostly from deals announced...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 SPAC Yunhong International prices upsized US IPO at $10
Yunhong International, a blank check company targeting consumer or lifestyle assets in Asia, raised $60 million in an upsized offering of 6.0 million units at $10. The company sold $10 million more in units than expected. Each unit consists of one share of Class...read more
Asia-focused SPAC China Yunhong Holdings files for a $50 million IPO
China Yunhong Holdings, a blank check company targeting consumer or lifestyle assets in Asia, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The Wuhan, China-based company plans to raise $50 million by offering 5...read more