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Northern Genesis Stockholders Approve $520M Lion Merger
Announced in November, the deal gives the combined company a market capitalization of approximately $1.9 billion.
SmartRent to go Public in $2.2B Merger with Fifth Wall Acquisition I
The combined company is expected to have up to $513 million in cash, including $345 million held in the SPAC's trust and a $155 million PIPE.
GigCapital3 Stockholders Approve Lightning eMotors Merger
The SPAC also announced that it had received elections to redeem 29 percent of its outstanding shares, which would leave approximately $143 million in the trust account.
dMY II Shareholders Approve $1.5B Genius Sports Merger
The deal is expected to close April 20. The pro forma enterprise value of the combined company would be approximately $1.5 billion.
SPACs Delay Filing Annual Reports to Evaluate SEC Statements on Warrants
Several SPACs, including Blue Water, filed 8-Ks noting that public and private warrants may be required to be accounted for as liabilities, not assets.
Vicarious Surgical and D8 Holdings Merging at $1.1B Valuation
The $425 million deal includes a $115 million PIPE.
Music Company Reservoir Holdings Merging with Roth CH II at $788M Valuation
Institutional investors, including funds managed by Caledonia, will participate in a common stock PIPE of $150 million at $10 per share. Following the transaction and after expenses, Reservoir is expected to receive approximately $246 million.
BCTG Acquisition Acquiring Tango Therapeutics for $353M
Terms call for Tango to receive the $167 million held in BCTG Acquisition's trust account as well as a common stock PIPE of approximately $186 million.
SEC Steps Up Scrutiny of SPACs With New View on Warrants: WSJ
Some SPACs have improperly accounted for warrants sold or given to investors, securities regulators said, stepping up scrutiny of the popular vehicles, The Wall Street Journal reports.
Grab’s $34 Billion SPAC Deal Puts Southeast Asia Tech on the Map: Report
Grab will this week unveil a listing via a U.S. blank-check company that’s drawn backers from T. Rowe Price to Temasek Holdings in the largest SPAC deal to-date.