News & Events - SPACs

  • May 15, 2019

    Chinese blank check company AGBA Acquisition makes Nasdaq debut

    AGBA Acquisition, a Chinese blank check company (or SPAC, special purpose acquisition company) targeting the services sector in China, has started trading on the Nasdaq Stock Market.

    www.xinhuanet.com

  • May 13, 2019

    Mercer Park Brand Acquisition Corp. Announces Completion of Initial Public Offering and Exercise in Full of Over-Allotment Option

    Mercer Park CB II, L.P. ("Mercer Park") and Mercer Park Brand Acquisition Corp. ("BRND") are pleased to announce the closing of the initial public offering (the "Offering") of U.S. $402,500,000 of Class A restricted voting units (the "Class A Restricted Voting Units") (including U.S. $52,500,000 of Class A Restricted Voting Units issued pursuant to the exercise in full of the over-allotment option) by BRND.

    www.finance.yahoo.com

  • May 09, 2019

    Hollywood Veterans Prepare to Take Diamond Eagle Public in IPO Debut

    Diamond Eagle Acquisition Corp., a Century City-based blank check company formed by two Hollywood veteran executives, plans to raise $350 million by offering 35 million units at a price of $10.

    www.labusinessjournal.com

  • May 07, 2019

    Landcadia Holdings II, Inc., Sponsored by Fertitta Entertainment, Inc. and Jefferies Financial Group Inc., Announces Pricing of $275 Million Initial Public Offering

    Landcadia Holdings II, Inc. (LCAHU) (the "Company") announced today the pricing of its initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market ("Nasdaq") and trade under the ticker symbol "LCAHU" beginning on May 7, 2019.

    www.finance.yahoo.com

  • May 07, 2019

    It’s the Law! Q&A with Ellenoff Grossman & Schole

    SPACs are a little complex, but if you layer in financial regulations, they can be downright confusing.  Many times I wished I had a lawyer on speed dial just to help make sense of what was going on.  With that in mind, last week Doug Ellenoff and Stuart Neuhauser, from the law firm of Ellenoff Grossman & Schole, kindly made themselves available for any SPAC related questions you’ve all maybe been wondering about and wanted to ask.

    www.spacinsider.com

  • May 01, 2019

    Act II Global Acquisition Corp. Announces Closing of $300,000,000 Initial Public Offering

    Act II Global Acquisition Corp. (ACTTU) (the "Company") announced today that it closed its initial public offering of 30,000,000 units, including 3,900,000 units issued pursuant to the exercise by the underwriter of its over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,000,000.

    www.finance.yahoo.com

  • May 01, 2019

    CM Seven Star Announces Consummation of Business Combination with Renren Inc.’s Kaixin Auto Group

    CM Seven Star Acquisition Corporation (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (RENN), which operates a used car business and SaaS business, today announced the successful consummation of the previously announced transaction contemplated by the share exchange agreement dated as of...

    www.finance.yahoo.com

  • April 23, 2019

    Blank-Check Firms Ride Market

    Los Angeles has seen a flurry of so-called blank-check offerings in recent years by private equity shops, alternative asset managers and other investment firms looking to purchase companies and take them public.

    www.labusinessjournal.com

  • April 17, 2019

    Blank check Health Sciences Acquisitions files for a $100 million IPO

    Health Sciences Acquisitions, a blank check company targeting the biopharma and medical technology sectors, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

    www.nasdaq.com

  • April 15, 2019

    Twelve Seas Investment Company Signs Agreement to Combine with a UAE Company

    Twelve Seas Investment Company ("Twelve Seas") (previously NASDAQ:TWLV and currently NASDAQ:BROG), a company formed for the purpose of entering into a business combination, and a United Arab Emirates (UAE) company in the oil storage and services business, announced they have executed today a business combination agreement ("BC Agreement").

    www.nasdaq.com

  • April 12, 2019

    Diamond Eagle Acquisition files for a $350 million IPO

    Diamond Eagle Acquisition, the fifth blank check company formed by entertainment veteran Jeff Sagansky, filed on Thursday with the SEC to raise up to $350 million in an initial public offering.

    www.nasdaq.com

  • April 11, 2019

    Chinese services SPAC AGBA Acquisition files for a $40 million US IPO

    AGBA Acquisition, a blank check company targeting the services sector in China, filed on Thursday with the SEC to raise up to $40 million in an initial public offering.

    www.nasdaq.com

  • April 09, 2019

    Financial services firm's SPAC B. Riley Principal Merger prices IPO at $10

    B. Riley Principal Merger, a blank check company formed by diversified financial services firm B. Riley Financial, raised $125 million by offering 12.5 million units at $10, as expected. Units consist of one share of common stock and one-half of one redeemable warrant exercisable at $11.50.

    www.nasdaq.com

  • April 08, 2019

    Chuck E. Cheese’s parent is going public again

    Chuck E. Cheese’s parent company is returning to the New York Stock Exchange through a merger with a special purpose company, making it the first restaurant company to enter the public market in four years.

    www.cnbc.com

  • April 08, 2019

    Mark Ein's blank-check acquisition company nears deal for NESCO: sources

    Capitol Investment Corp IV, the fourth “blank-check” acquisition company formed by investor Mark Ein, is nearing a deal to buy a majority stake in NESCO LLC, valuing the aerial lifts and cranes rental company at $1.1 billion, including debt, people familiar with the matter said on Sunday.

    www.reuters.com

  • April 04, 2019

    IPO of Canaccord Genuity SPAC priced to raise $87 mln

    Canaccord Genuity Growth II Corp (CGGC II), a Canadian special purpose acquisition corporation (SPAC), has filed a final prospectus with regulatory authorities outside of Québec for an initial public offering.

    www.pehub.com

  • April 02, 2019

    8i Enterprises Acquisition Corp. Announces Closing of Initial Public Offering

    8i Enterprises Acquisition Corp. (NASDAQ: JFKKU) (the "Company") announced today that it closed its initial public offering of 5,000,000 units at $10.00 per unit. The underwriter has been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any.

    www.gurufocus.com

  • March 28, 2019

    Asia-focused SPAC 8i Enterprises Acquisition prices $50 million IPO at $10

    8i Enterprises Acquisition, a blank check company backed by 8i Capital and targeting a high-growth business in Asia, raised $50 million by offering 5 million shares at $10, commanding a market value of $65 million.

    www.nasdaq.com

  • March 20, 2019

    Insurance Acquisition Corp. Announces Pricing of $131,000,000 Initial Public Offering

    Insurance Acquisition Corp. (NASDAQ: INSUU) (the ''Company''), a blank-check company formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, today announced the pricing of its initial public offering of 13,100,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $131,000,000.

    www.digitaljournal.com

  • March 20, 2019

    Haymaker Acquisition Corp. Completes Business Combination with OneSpaWorld

    Haymaker Acquisition Corp. (NASDAQ:HYAC) ("Haymaker"), a publicly traded special purpose acquisition company, and OneSpaWorld ("OSW"), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, announced today that having satisfied all closing requirements, they completed their previously announced business combination.

    www.nasdaq.com

  • March 19, 2019

    Platinum Eagle Completes $1.4B Merger

    Platinum Eagle Acquisition Corp., a publicly traded special purpose acquisition company, Target Logistics Management LLC—aka Target Lodging—and RL Signor Holdings LLC have completed a transaction under which Platinum Eagle acquired both Target Lodging and Signor Lodging for about $1.4 billion in total consideration.

    www.cpexecutive.com

  • March 17, 2019

    U.S. IPO Weekly Recap: The Calm Before The IPO Storm

    It was a light week for pricings as we gear up for the much anticipated group of companies slated to IPO starting next week.

    www.seekingalpha.com

  • March 14, 2019

    Trine Acquisition Corp. Announces Pricing of $261 Million Initial Public Offering

    Trine Acquisition Corp. (NYSE: TRNE.U) (the “Company”) announced today that it priced its initial public offering of 26,100,000 units at $10.00 per unit. The units will commence trading on March 15, 2019 on the NYSE under the symbol “TRNE.U”.

    www.globenewswire.com

  • March 14, 2019

    Blank check B. Riley Principal Merger files for a $125 million IPO

    B. Riley Principal Merger, a blank check company backed by B. Riley Financial, filed on Thursday with the SEC to raise up to $125 million in an initial public offering.

    www.nasdaq.com

  • March 07, 2019

    Blank check Crescent Acquisition prices $250 million IPO at $10

    Crescent Acquisition, a blank check company formed by Crescent Capital, raised $250 million by offering 25 million units at $10.

    www.nasdaq.com