Blank-check mergers have faced a myriad of challenges lately, including poor returns, high redemptions, and rising terminations. In this tough environment, 2022 SPAC mergers have taken longer to complete than prior years, averaging about 7 months from deal...read more
Dune Acquisition, a blank check company led by executives from delta2 Capital targeting a SaaS business, raised $150 million by offering 15 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of...read more
Updated Monday, 12/14. Six IPOs and five SPACs are scheduled to raise $2.8 billion in the week ahead as the IPO market starts to slow down before the holidays. Bargain e-commerce platform Wish (WISH) plans to raise $1.1...read more
Dune Acquisition, a blank check company formed by executives from delta2 Capital targeting a SaaS business, filed on Thursday with the SEC to raise up to $130 million in an initial public offering. The West Palm Beach, FL-based company plans to raise $130...read more
SPAC mergers now take more than 7 months to complete on average
Blank-check mergers have faced a myriad of challenges lately, including poor returns, high redemptions, and rising terminations. In this tough environment, 2022 SPAC mergers have taken longer to complete than prior years, averaging about 7 months from deal...read more
SaaS-focused SPAC Dune Acquisition prices upsized $150 million IPO at $10
Dune Acquisition, a blank check company led by executives from delta2 Capital targeting a SaaS business, raised $150 million by offering 15 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of...read more
US IPO Week Ahead: The IPO market makes a holiday WISH in a 6 IPO week
Updated Monday, 12/14. Six IPOs and five SPACs are scheduled to raise $2.8 billion in the week ahead as the IPO market starts to slow down before the holidays. Bargain e-commerce platform Wish (WISH) plans to raise $1.1...read more
The spice must flow: SaaS SPAC Dune Acquisition files for a $130 million IPO
Dune Acquisition, a blank check company formed by executives from delta2 Capital targeting a SaaS business, filed on Thursday with the SEC to raise up to $130 million in an initial public offering. The West Palm Beach, FL-based company plans to raise $130...read more