Globis Registers $100M IPO

November 25, 2020

1 minute read

Globis Acquisition filed to raise up to $100 million in an IPO. The SPAC said it intends to taget companies focused on economic globalization and emerging markets.

Underwriter Chardan Capital Markets has an over-allotment option to purchase up to an additional 1,500,000 units.

Globis plans to list on the Nasdaq under GLAQU. Read more.

Williams Rowland Acquisition Asks Shareholders for Another Extension

Williams Rowland raised $200 million in a July 2021 IPO. The SPAC is led by co-CEOs — former professional hockey player David “Tiger” Williams and Mode Global Holdings founder Jonathan Rowland.

CC Neuberger Principal Holdings II Restates Financials for New Accounting on Warrants

In its review of the matter, the SPAC said because its warrants include a cash settlement feature that could arise in certain events, such as a tender or exchange offer accepted by more than 50 percent of shareholders, shifting warrants to the liabilities side of the balance sheet was the prudent move.

Evo Acquisition Amends $100M IPO Prospectus

The new SPAC will concentrate on companies in the technology and financial sectors with an enterprise value of $250 million to $750 million, including firms with a nexus to Japan.

Chain Bridge I Wins 9 Month Extension; Redemptions Claim 81% of Trust Before Founder Share Conversions

Fulton AC I last month bought the original sponsor's shares and warrants, and took over management of the SPAC. Potential merger targests have since been identified and discussions have begun. Chain Bridge I was originally launched by the CIA’s venture capital arm, In-Q-Tel.

The Latest

Clover Leaf Slates Vote on $125M Kustom Entertainment Deal

Sila Realty Trust in Direct Listing Begins Trading on NYSE

9th Cir. Doubts SPAC Investors Can Revive Suit Against Lucid Motors

Logistics Service Provider PSI Group Files F-4 on $200M AIB Acquisition Deal

Globis Registers $100M IPO

Globis Registers $100M IPO

Related Posts