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News & Events: SPACS

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  • 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

  • January 31 2019

    Pivotal Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

    Pivotal Acquisition Corp. (NYSE: PVT.U) (the “ Company ”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will commence trading today on the NYSE under the symbol “PVT.U”.

    www.citizentribune.com

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