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Microcap SPAC Jensyn Acquisition prices $39 million IPO at $10 per unit

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Jensyn Acquisition, a blank check company formed to acquire an IT consulting business, raised $39 million by offering 3.9 million units at $10. It had originally planned to raise $40 million by offering 4 million units. As a blank check company, Jensyn...read more

Cracks in the market bring SPACs to the market: Fun facts about SPACs

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Enter your alt tag here Blank check company Silver Run Acquisition (SRAQU) made headlines in the IPO market - partly because little else could - as it...read more

Week ahead: IPO market still stuck in neutral

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The IPO market remains in the doldrums this week, but the Renaissance IPO Index's 10% gain in the past two weeks suggests that the IPO train could start rolling again in March. Second time's a charm After a scrapped IPO attempt in June 2014,...read more

A consultant's blank check: Jensyn Acquisition sets terms for $40 million IPO

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Jensyn Acquisition, a blank check company formed to acquire consulting businesses, announced terms for its IPO on Monday. The Freehold, NJ-based company plans to raise $40 million by offering 4.0 million units for $10 each. At that price, Jensyn...read more

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