Experienced sponsors are moving back into the SPAC market as blank check issuance has stabilized, a signal that the space has found its footing more than two years after SPAC mania ended. To some extent, they never left: Several of the largest SPAC IPOs in 2023...read more
Cruise operator Viking (VIK) led the week’s deals, completing the year’s largest US IPO to date. It was joined by a small uplisting and a blank check company. Viking Holdings priced an upsized deal above the...read more
Churchill Capital Corp IX, a blank check company founded by dealmaker and former Citi executive Michael Klein, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and and one-quarter of a warrant, exercisable...read more
Churchill Capital Corp IX, a blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The New York, NY-based company plans to raise $250 million by...read more
Back in SPACs: Experienced sponsors return to the SPAC market
Experienced sponsors are moving back into the SPAC market as blank check issuance has stabilized, a signal that the space has found its footing more than two years after SPAC mania ended. To some extent, they never left: Several of the largest SPAC IPOs in 2023...read more
US IPO Weekly Recap: Viking trades up after completing the year’s largest US IPO to date
Cruise operator Viking (VIK) led the week’s deals, completing the year’s largest US IPO to date. It was joined by a small uplisting and a blank check company. Viking Holdings priced an upsized deal above the...read more
SPAC Churchill Capital IX prices $250 million IPO
Churchill Capital Corp IX, a blank check company founded by dealmaker and former Citi executive Michael Klein, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and and one-quarter of a warrant, exercisable...read more
Michael Klein's SPAC Churchill Capital Corp IX files for a $250 million IPO
Churchill Capital Corp IX, a blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The New York, NY-based company plans to raise $250 million by...read more