Macondray Capital Acquisition I, a blank check company targeting the software, data and technology, and TMT sectors, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant,...read more
Macondray Capital Acquisition I, a blank check company targeting the software, data and technology, and TMT sectors, lowered the proposed deal size for its upcoming IPO on Monday. The Menlo Park, CA-based company now plans to raise $250 million by offering 25...read more
Following some turmoil in the IPO market, three IPOs and one direct listing entered the public markets this past week. SPAC activity picked up considerably, with seven blank check IPOs raising $1.3 billion. The pipeline saw plenty of new filers, with 13 IPOs...read more
Macondray Capital Acquisition I, a blank check company targeting software, data and technology, and TMT, filed on Monday with the SEC to raise up to $275 million in an initial public offering. The Menlo Park, CA-based company plans to raise $275 million by...read more
Tech SPAC Macondray Capital Acquisition I prices $250 million IPO
Macondray Capital Acquisition I, a blank check company targeting the software, data and technology, and TMT sectors, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant,...read more
Tech-focused SPAC Macondray Capital Acquisition I lowers proposed deal size by 9% ahead of $250 million IPO
Macondray Capital Acquisition I, a blank check company targeting the software, data and technology, and TMT sectors, lowered the proposed deal size for its upcoming IPO on Monday. The Menlo Park, CA-based company now plans to raise $250 million by offering 25...read more
US IPO Weekly Recap: Oatly and Procore shine in a 3 IPO, 1 direct listing week
Following some turmoil in the IPO market, three IPOs and one direct listing entered the public markets this past week. SPAC activity picked up considerably, with seven blank check IPOs raising $1.3 billion. The pipeline saw plenty of new filers, with 13 IPOs...read more
Tech-focused SPAC Macondray Capital Acquisition I files for a $275 million IPO
Macondray Capital Acquisition I, a blank check company targeting software, data and technology, and TMT, filed on Monday with the SEC to raise up to $275 million in an initial public offering. The Menlo Park, CA-based company plans to raise $275 million by...read more