Browsing Category
Featured
555 posts
Westrock Coffee Company Merging with Riverview Acquisition in $1.1B Deal
The transaction will deliver approximately $500 million in gross cash proceeds, assuming no redemptions.
Blockchain Tech Co. PrimeBlock Merging with 10X Capital Venture Acquisition II in $1.25B Deal
PrimeBlock is an infrastructure provider for blockchain technology that owns and operates a portfolio of proprietary data centers and crypto assets mining operations in North America.
SPAC Association Fires Back at the SEC
The SPAC Association took the SEC to task after the regulator proposed broad new restrictions on how blank-check firms operate.
SPACs on the Chopping Block Thanks to SEC’s Latest Proposal
The Securities and Exchange Commission proposed a sweeping new set of rules Wednesday, March 30, that will effectively flatten the playing field between IPOs.
Emerging Markets Horizon Changes Board in Response to Russia Sanctions
Two of the SPAC's board members have resigned and an investor in the sponsor has been divested and blocked from voting rights on any deal the SPAC might undertake.
Ligand Pharmaceuticals to Spin-Off its OmniAb Business Through Merger with Avista Public Acquisition II in $850M Deal
The transaction will be effected through a “Reverse Morris Trust” transaction under which OmniAb will be spun-off to Ligand’s shareholders and simultaneously merged as a subsidiary of APAC.
Luxury Fashion Group Lanvin Merging with Primavera Capital in $1.5B Deal
Lanvin Group will receive proceeds of up to $544 million
Cryptocurrency Marketplace Coincheck Merging with Thunder Bridge Capital Partners IV in $1.25B Deal
If approved, upon closing the combined company will receive $237 million in cash held in trust by Thunder Bridge IV.
Scilex Merging with Vickers Vantage I in $1.64B Deal
The deal is expected to deliver up to $140 million to Scilex, a biopharmaceutical company.
Metals Acquisition Buying CSA Copper Mine for $1.1B
The purchase price implies a 4.5x multiple of 2022 EBITDA.