After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more
Four companies raised a combined $1.2 billion in the first active week of 2018. Fracking services provider Liberty Oilfield Services upsized its offering and traded up 28%, the best first day pop for an energy IPO since 2014. On the...read more
Nebula Acquisition, a blank check company formed by executives at True Wind Capital to acquire a technology business, raised $250 million by offering 25 million units at $10, as expected. Nebula Acquisition plans to list on the Nasdaq under the symbol NEBU.U....read more
28 SPAC mergers that have outperformed in 2023
After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more
Updated: SPAC returns fall short of traditional IPO returns on average
We’ve updated our July blog post for quarter-end returns and new commentary. In the third quarter, a record-breaking ...read more
US IPO Weekly Recap: Energy heats up in the first 4 IPOs of 2018
Four companies raised a combined $1.2 billion in the first active week of 2018. Fracking services provider Liberty Oilfield Services upsized its offering and traded up 28%, the best first day pop for an energy IPO since 2014. On the...read more
Technology SPAC Nebula Acquisition prices $250 million IPO at $10
Nebula Acquisition, a blank check company formed by executives at True Wind Capital to acquire a technology business, raised $250 million by offering 25 million units at $10, as expected. Nebula Acquisition plans to list on the Nasdaq under the symbol NEBU.U....read more