Just one blank check company priced an initial public offering this past week, as the IPO market resumed after the Memorial Day holiday. Proficient Alpha Acquisition (PAACU) raised $100 million as the SPAC begins looking for a financial...read more
Proficient Alpha Acquisition, a blank check company targeting a financial services business in China, raised $100 million by offering 10 million units at $10, as expected. Each unit consists of one share of common stock, one warrant to purchase one share of...read more
Just two SPACs are scheduled to IPO in the week ahead, as Wall Street breaks for Memorial Day ahead of an active summer. Led by Avi Katz, GigCapital2 (GIX.U) plans to raise $130 million. The first GigCapital (GIG) raised $125 million in 2017...read more
Proficient Alpha Acquisition, a blank check company targeting a financial services business in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company plans to raise $100 million by...read more
US IPO Weekly Recap: Summer IPO calendar starts to fill up
Just one blank check company priced an initial public offering this past week, as the IPO market resumed after the Memorial Day holiday. Proficient Alpha Acquisition (PAACU) raised $100 million as the SPAC begins looking for a financial...read more
China-focused blank check Proficient Alpha Acquisition prices $100 million IPO at $10
Proficient Alpha Acquisition, a blank check company targeting a financial services business in China, raised $100 million by offering 10 million units at $10, as expected. Each unit consists of one share of common stock, one warrant to purchase one share of...read more
US IPO Week Ahead: Just two blank checks during short holiday week
Just two SPACs are scheduled to IPO in the week ahead, as Wall Street breaks for Memorial Day ahead of an active summer. Led by Avi Katz, GigCapital2 (GIX.U) plans to raise $130 million. The first GigCapital (GIG) raised $125 million in 2017...read more
Financial services SPAC Proficient Alpha Acquisition files for a $100 million IPO
Proficient Alpha Acquisition, a blank check company targeting a financial services business in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company plans to raise $100 million by...read more