Canada's D-Wave Quantum is the latest of three quantum computer developers to announce it is going public via SPAC. This week the company announced plans to merge with DPCM Capital (XPOA), a SPAC led by the former CBO of...read more
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
Five IPOs and 17 SPACs went public this past week. While new filing activity has slowed as the election approaches, four IPOs and four SPACs submitted initial filings. Leading security software provider McAfee (MCFE) priced...read more
DPCM Capital, a blank check company targeting North American technology businesses, raised $300 million by offering 30 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share of common stock and...read more
3 quantum computer companies calculate the optimal path public via SPAC mergers
Canada's D-Wave Quantum is the latest of three quantum computer developers to announce it is going public via SPAC. This week the company announced plans to merge with DPCM Capital (XPOA), a SPAC led by the former CBO of...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
US IPO Weekly Recap: McAfee leads a 5 IPO week
Five IPOs and 17 SPACs went public this past week. While new filing activity has slowed as the election approaches, four IPOs and four SPACs submitted initial filings. Leading security software provider McAfee (MCFE) priced...read more
Former Uber executive's SPAC DPCM Capital prices upsized $300 million IPO at $10
DPCM Capital, a blank check company targeting North American technology businesses, raised $300 million by offering 30 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share of common stock and...read more