Good Works Acquisition announced that starting today the company’s units will no longer trade, and that common stock and redeemable warrants, which comprise the units will trade separately. Stock and warrants will be listed on the Nasdaq under “GWAC” and “GWACW”, respectively. This is a mandatory and automatic separation, and no action is required by the shareholders. Read more.
Related Posts
Churchill VI Files for $400M IPO
The SPAC in the filing does not cite specific sectors it may target. Previous Churchill SPACs have focused on big data and tech companies, including Clarivate and MultiPlan.
Kensington Capital Acquisition IV Secures $13.38M PIPE to Support Amprius Technologies Deal
As announced in May, the transaction would result in gross proceeds of approximately $430 million to Amprius. With the latest PIPE investment and a previously announced $10 million PIPE, the SPAC now has about $253.4 million available.
Moose Pond Acquisition Corp, NCV I Abandons $200M IPO
Originally registered in March 2021, the SPAC had said it would use proceeds from the offering to focus on high-growth businesses across consumer technology and related sectors.
23andMe to Merge With Branson’s VG Acquisition in $3.5B Deal
The transaction will value the outstanding shares of 23andMe at an aggregate enterprise value of approximately $3.5 billion.