Silver Spike Acquisition (SSPKU) raised $250 million this past week, the year's third blank check company targeting the cannabis industry. The SPAC is led by Scott Gordon, Chairman of cannabis-focused investment firm Egg Rock Holdings and a...read more
The post-Independence Day week was slow, but things are looking up: the public market is gaining steam with the Renaissance IPO Index up 40% YTD, and companies are claiming their spots on the IPO calendar. Three SPACs entered the public market this week, four...read more
Tuscan Holdings Corp II, the second blank check company led by Stephen Vogel targeting the cannabis industry, raised $150 million by offering 15 million units at $10. The company originally planned to raise $125 million. Each unit consists of one share of...read more
Just two blank check companies are scheduled to price in the week ahead, following the July 4th holiday. We also expect a number of new launches in the coming week. Likely candidates include healthcare software provider Phreesia (PHR),...read more
The IPO Market Hands Cannabis its Third Blank Check
Silver Spike Acquisition (SSPKU) raised $250 million this past week, the year's third blank check company targeting the cannabis industry. The SPAC is led by Scott Gordon, Chairman of cannabis-focused investment firm Egg Rock Holdings and a...read more
US IPO Weekly Recap: The calm before the 10 IPO storm
The post-Independence Day week was slow, but things are looking up: the public market is gaining steam with the Renaissance IPO Index up 40% YTD, and companies are claiming their spots on the IPO calendar. Three SPACs entered the public market this week, four...read more
Cannabis SPAC Tuscan Holdings Corp II prices upsized $150 million IPO at $10
Tuscan Holdings Corp II, the second blank check company led by Stephen Vogel targeting the cannabis industry, raised $150 million by offering 15 million units at $10. The company originally planned to raise $125 million. Each unit consists of one share of...read more
US IPO Week Ahead: A flurry of IPOs expected to launch July roadshows
Just two blank check companies are scheduled to price in the week ahead, following the July 4th holiday. We also expect a number of new launches in the coming week. Likely candidates include healthcare software provider Phreesia (PHR),...read more