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Experience Investment Stockholders Approve Blade Merger
Announced in December, terms call for Blade to receive transaction proceeds of approximately $365 million, comprised of Experience Investment Corp.’s cash held in trust and an upsized and oversubscribed $125 million fully committed PIPE.
HydraFacial and Vesper Healthcare Close $1.1B Deal
HydraFacial is now a wholly owned subsidiary of BeautyHealth. BeautyHealth’s shares will trade on the Nasdaq under SKIN starting May 6.
PTK Acquisitions’ Accounting Firm Raises ‘Substantial Doubt’ About SPAC’s Ability to Continue
The accounting firm noted, "...the company’s cash and working capital as of Dec. 31, 2020 are not sufficient to complete its planned activities."
Roivant Sciences and Montes Archimedes Acquisition Merging in $5B Deal
The transaction includes $411 million in the SPAC's trust and a concurrent, fully-committed $200 million PIPE
Hospitality Company Sonder Merging With Gores Metropoulos II at $2.2B Valuation
The deal includes a $200M PIPE, plus $450M in the SPAc's trust and $165M from a convertible notes offering.
Enjoy Technology Merging with Marquee Raine at $1.2B Valuation
The transaction is expected to deliver up to $454 million to Enjoy, consisting of approximately $374 million of cash held in Marquee Raine's trust account and $80 million through a PIPE priced at $10 per share.
Shapeways Merging with Galileo Acquisition at $605 Equity Value
The business combination values Shapeways at a $410 million pro forma enterprise value at the $10 per share PIPE price.
Blue Water Acquiring Clarus Therapeutics at $379M
Current Clarus stakeholders will invest an additional $25 million in the therapeutics company following today's announcement of the transaction.
Super Group to Combine with Sports Entertainment Acquisition at $4.75B Valuation
Assuming no redemptions by shareholders, the transaction will deliver approximately $450 million of cash to the combined company.
ZipRecruiter Files for Direct Listing
ZipRecruiter announced that it has filed a registration statement with the SEC for a proposed public direct listing of Class A common stock in an offering of up to $100 million. ZipRecruiter intends to list on the New York Stock Exchange.