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TPGY News

Buy the Unit, Sell the News: Recent SPAC Merger Announcements Show Safety with Upside

TPG Pace Beneficial Finance logo

It's no wonder SPACs have become hedge funds' new favorite investment. Of the 178 SPACs that have announced merger agreements since 2018, the shares of 174 (98%) finished at or above the IPO price at the time of the announcement, with the worst performer...read more

US IPO Weekly Recap: Healthcare dominates a 7 IPO week

KRON

Seven IPOs and 10 SPACs went public this past week. The IPO pipeline remained active, with 11 IPOs and 22 SPACs submitting initial filings. Phase 2 biotech Kronos Bio (KRON) priced above the range to raise $250 million at a $1.1 billion...read more

ESG SPAC TPG Pace Beneficial Finance prices $350 million IPO at $10

TPG Pace Beneficial Finance logo

TPG Pace Beneficial Finance, a blank check company formed by TPG Pace Group targeting a business with a strong ESG profile, raised $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant,...read more

TPG's ESG SPAC TPG Pace Beneficial Finance files for a $350 million IPO

TPG Pace Beneficial Finance logo

TPG Pace Beneficial Finance, a blank check company formed by TPG Pace Group targeting a business with a strong ESG profile, filed on Friday with the SEC to raise up to $350 million in an initial public offering. The Fort Worth, TX-based company plans to...read more

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