De-SPACs are having a moment. While returns have been meager – less than 10% of last year’s mergers trade above the $10 transaction price – several areas have surged over the past several months, with some names up more than +500%. Excluding...read more
A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company ...read more
Diamonds in the rough: These 26 de-SPACs have soared over 150% in the past six months
De-SPACs are having a moment. While returns have been meager – less than 10% of last year’s mergers trade above the $10 transaction price – several areas have surged over the past several months, with some names up more than +500%. Excluding...read more
Shoot for the moon: A look at space de-SPACs after Intuitive Machines’ historic lunar landing
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Five SPAC mergers have gone bankrupt this year, tying 2022
A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company ...read more