Posts
February 26 2021
Client Alert: Cuomo Says Hotel Workers Now Eligible For COVID-19 Vaccine
Governor Cuomo announced today that hotel workers will now be eligible for the COVID-19 vaccine if their local health department agrees. Specifically, the state has granted localities the flexibility to add hotel workers to the 1b vaccine prioritization group, just as it recently did with restaurant workers.
Click here to read the alert.
February 26 2021
Client Alert: New York State Issues Guidance on In-Person Catered Events
New York State issued its much-anticipated guidance regarding in-person catered events such as wedding receptions, private parties, celebrations, and similar meetings and conferences (“Events”), which may resume beginning March 15, 2021.
Click here to read the alert.
February 24 2021
Markforged to Go Public in $2.1 Billion Blank-Check Deal
3D printer-maker Markforged Inc. has agreed to go public through a merger with a blank-check company started by Eventbrite Inc. co-founder Kevin Hartz.
www.bloomberg.com
February 24 2021
A-Rod Joins Blank-Check Derby to Build the ‘Yankees of SPACs’
After losing a deal for the New York Mets baseball team to billionaire Steve Cohen, Alex Rodriguez has another game he wants to win. The former all-star for the cross-town Yankees has joined the lengthening roster of financiers, executives, politicians, celebrities and athletes who have signed onto special purpose acquisition companies, or SPACs.
www.bloomberg.com
February 22 2021
The SPAC Conference 2021 Sneak Peek
Doug Ellenoff of Ellenoff Grossman & Schole provides an overview of year-to-date SPAC activity and explains why SPACs continue to be an attractive vehicle to raise capital.
www.spacconference.com
February 22 2021
Consumer tech SPAC L Catterton Asia Acquisition files for a $250 million IPO
L Catterton Asia Acquisition, a blank check company led by L Catterton Asia executives targeting consumer technology, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
www.nasdaq.com
February 22 2021
Toast Inc, a cloud-based restaurant-software provider, is planning an initial public offering that could value the firm at around $20 billion, the Wall Street Journal reported.
www.markets.businessinsider.com
February 22 2021
Cannabis company Parallel to go public via merger with Scooter Braun-backed blank-check company
Multi-state cannabis operator Parallel said Monday it is going public via a merger with special purpose acquisition corporation (SPAC) Ceres Acquisition Corp. CERAF, 0.44% in a deal with an enterprise value of $1.884 billion.
www.marketwatch.com