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ZGYH News

Ripped blank checks: SPAC market sees bump in merger terminations

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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: The year's busiest slow week?

RVMD

Six companies and five SPACs entered the public market raising about $2 billion. The week's deals mostly included uplistings, crosslistings, and micro-caps, with biotech Revolution Medicines (RVMD) soaring in the standout IPO of the...read more

Chinese SPAC Yunhong International prices upsized US IPO at $10

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Yunhong International, a blank check company targeting consumer or lifestyle assets in Asia, raised $60 million in an upsized offering of 6.0 million units at $10. The company sold $10 million more in units than expected. Each unit consists of one share of Class...read more

Asia-focused SPAC China Yunhong Holdings files for a $50 million IPO

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China Yunhong Holdings, a blank check company targeting consumer or lifestyle assets in Asia, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The Wuhan, China-based company plans to raise $50 million by offering 5...read more

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