More uncertainty clouded the SPAC market on Wednesday, as all three votes scheduled for the day were either called off or postponed, while yet another merger was terminated. The latest news puts a damper on what is ...read more
*Updated on June 1 to reflect the termination of the proposed RBAC/SeatGeek merger, and the postponement of the NAAC/TeleSign vote.* Four SPACs plan to hold votes on their proposed mergers in the short holiday week. De-SPACs...read more
Four IPOs and six SPACs entered the public markets this past week led by CureVac (CVAC), which posted the largest first-day pop for a US IPO since 2005. German biotech CureVac (CVAC) raised $213 million at a $2.8 billion market cap and...read more
RedBall Acquisition, a blank check company formed by RedBird Capital targeting the sports industry, raised $500 million by offering 50 million units at $10. To screen for upcoming or past SPAC IPOs, ...read more
The SPAC market stumbles into June with two merger terminations, two delayed votes
More uncertainty clouded the SPAC market on Wednesday, as all three votes scheduled for the day were either called off or postponed, while yet another merger was terminated. The latest news puts a damper on what is ...read more
June to begin with a flurry of SPAC merger votes
*Updated on June 1 to reflect the termination of the proposed RBAC/SeatGeek merger, and the postponement of the NAAC/TeleSign vote.* Four SPACs plan to hold votes on their proposed mergers in the short holiday week. De-SPACs...read more
US IPO Weekly Recap: Coronavirus vaccine developer CureVac pops 249% in a 4 IPO week
Four IPOs and six SPACs entered the public markets this past week led by CureVac (CVAC), which posted the largest first-day pop for a US IPO since 2005. German biotech CureVac (CVAC) raised $213 million at a $2.8 billion market cap and...read more
Sports SPAC RedBall Acquisition prices $500 million IPO at $10
RedBall Acquisition, a blank check company formed by RedBird Capital targeting the sports industry, raised $500 million by offering 50 million units at $10. To screen for upcoming or past SPAC IPOs, ...read more