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
SPACs became a casualty of the broader market sell-off on Thursday, as six of the day's nine SPACs finished below issue. Before last week, the SPAC market had gone two months without a deal going negative on its first day, a stretch of 200+ SPACs. The six...read more
Khosla Ventures Acquisition, a blank check company formed by Khosla Ventures targeting proprietary tech with large market opportunities, raised $300 million by offering 30 million shares at $10. The offering did not contain warrants. The sponsor may receive...read more
Khosla Ventures Acquisition, a blank check company formed by Khosla Ventures, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The offering does not contain warrants. At the proposed deal size, the SPAC would command...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
SPAC cracks: 6 new SPACs break issue in Thursday IPOs
SPACs became a casualty of the broader market sell-off on Thursday, as six of the day's nine SPACs finished below issue. Before last week, the SPAC market had gone two months without a deal going negative on its first day, a stretch of 200+ SPACs. The six...read more
SPAC Khosla Ventures Acquisition prices $300 million IPO, targeting differentiated tech
Khosla Ventures Acquisition, a blank check company formed by Khosla Ventures targeting proprietary tech with large market opportunities, raised $300 million by offering 30 million shares at $10. The offering did not contain warrants. The sponsor may receive...read more
High-profile VC's first SPAC, Khosla Ventures Acquisition files for a $300 million IPO
Khosla Ventures Acquisition, a blank check company formed by Khosla Ventures, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The offering does not contain warrants. At the proposed deal size, the SPAC would command...read more