News & Events - SPACs

  • 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

  • March 05, 2019

    Cannabis-Focused SPAC Raises $240M In Upsized IPO 

    Special purpose acquisition company Tuscan Holdings Corp., represented by Graubard Miller, on Tuesday priced an upsized $240 million initial public offering that will fuel its hunt to acquire a cannabis-related company, while Ellenoff Grossman & Schole LLP advised the underwriters.

    www.law360.com

  • March 01, 2019

    Tortoise Acquisition Corp. (SHLL) Prices 22.5M Unit IPO at $10/Unit

    Tortoise Acquisition Corp. (NYSE: SHLL) today announced the pricing of its initial public offering (“IPO”) of 22,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “SHLL.U” beginning February 28, 2019.

    www.streeetinsider.com

  • March 01, 2019

    Hennessy Capital Acquisition IV prices upsized $261 million IPO at $10

    Hennessy Capital Acquisition IV, a blank check company targeting the industrial and infrastructure sectors, raised $261 million by offering 26.1 million units at $10. The company had originally planned to raise $250 million. BlackRock expressed an interest in purchasing $32.5 million of the IPO.

    www.nasdaq.com

  • March 01, 2019

    Real Estate, Energy SPACs Launch IPOs Totaling $475M

    A pair of special purpose acquisition companies made their market debuts on Thursday after pricing shares at a combined $475 million, as DiamondPeak Holdings Corp. and Tortoise Acquisition Corp. look ahead to deals in the real estate and energy sectors, respectively.

    www.law360.com

  • February 14, 2019

    Cannabis blank check Tuscan Holdings files for a $200 million IPO

    Tuscan Holdings, a blank check company targeting the cannabis industry, filed with the SEC on Wednesday to raise $200 million in an initial public offering.

    www.nasdaq.com

  • February 12, 2019

    Hennessy Capital Acquisition IV files for a $250 million IPO

    Hennessy Capital Acquisition IV, a blank check company targeting the industrial and infrastructure solutions sectors, filed with the SEC on Monday to raise $250 million in an initial public offering.

    www.nasdaq.com

  • February 05, 2019

    TPx Communications To Go Public Via A $343 Million Acquisition

    Service provider TPx Communications, formerly known as TelePacific Communications, is going public as part of a complex deal involving a special purpose acquisition company.  Los Angeles-based TPx has teamed up with special purpose acquisition company Pensare Acquisition Corp., which will help TPx become a Nasdaq-listed public company. 

    www.crn.com