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15 profitable SPAC mergers that have traded up from listing

Westrock Coffee (Riverview Acquisition) logo

About 440 companies have listed via SPAC mergers in the past five years, with only 9% (40) currently trading above their original IPO price. Below, we highlight the 15 de-SPACs in that group that are sizable, have positive revenue growth and EBITDA, and decent...read more

Westrock Coffee energizes the SPAC market with $1.1 billion deal

Westrock Coffee (Riverview Acquisition) logo

Riverview Acquisition (RVAC) shareholders are scheduled to vote on the SPAC's proposed merger with sustainable coffee distributor Westrock Coffee on Thursday, August 25. If approved, the combined company will list on the...read more

US IPO Weekly Recap: Postponements abound in a 4 IPO week

HCRX

After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting...read more

SPAC Riverview Acquisition prices $250 million IPO, targeting consumer, energy, and financials

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Riverview Acquisition, a blank check company targeting consumer, energy, and financial services enterprises, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at...read more