Online grocery retailer Boxed to go public via $900 million SPAC deal
Online bulk grocery retailer Boxed Inc said on Monday it would go public through a merger with blank-check firm Seven Oaks Acquisition Corp, in a deal valuing the equity of the combined firm at around $900 million. The transaction is expected to provide Boxed with about $334 million in net cash proceeds, including a $120 […]
Quantum-Si closes $1bn + SPAC deal with HighCape
Quantum-Si Incorporated (QSi), a specialist in next-generation semiconductor chip-based proteomics, has completed its business combination with HighCape Capital Acquisition Corp (HighCape), a special purpose acquisition company sponsored by leading healthcare growth equity manager HighCape Capital LP. The business combination and concurrent private placement, which were approved by HighCape’s stockholders at its special meeting held on […]
Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies
Palantir’s latest investment was announced on Thursday, when Babylon Health said it’s going public through a special purpose acquisition company. A group of investors, including Palantir, committed to invest a combined $230 million into the Babylon transaction. Palantir has now agreed to at least six SPAC deals in less than three months. A SPAC is a blank-check […]
How Blue Owl’s $12.5B SPAC Deal Could Shape The Future Of Private Equity
What happens when you combine just about every major buzzword that has enveloped private equity in recent years in a single $12.5 billion transaction, one that underscores the many ways the industry has evolved and diversified away from its barbarian beginnings in the 1980s? Blue Owl Capital is about to find out. If you don’t […]
Biotech firm Roivant Sciences to go public via $7.3 billion SPAC deal
Roivant Sciences has agreed to go public through a merger with a blank-check firm backed by former KKR & Co Inc dealmaker Jim Momtazee, in a deal that values the Swiss biotech company at $7.3 billion. The deal with Montes Archimedes Acquisition Corp, a special purpose acquisition company (SPAC), is expected to deliver up to […]
Vicarious Surgical to go public in $1.1B SPAC deal
Vicarious Surgical will go public through a $1.1 billion special purpose acquisition company (SPAC) deal, the robotic surgery pioneer announced today. Vicarious, which has sought to bring robotics and virtual reality to minimally invasive surgery, will trade on the New York Stock Exchange under the symbol RBOT after the merger with D8 Holdings. Hong Kong–based D8 […]
Boardroom Alpha launches SPAC research and data service
Boardroom Alpha, a ratings and analytics platform providing quantitative measurements of public company directors, CEOs and CFOs, has launched an intelligence tool for evaluating the performance of Special Purpose Acquisition Companies (SPACs). With the new service, investors and service providers can more thoroughly evaluate SPACs with comprehensive data and analytics on every SPAC, sponsor, executive […]
Apollo-backed SPAC looks to raise $400 million through U.S. IPO
An affiliate of private-equity firm Apollo Global Management Inc is aiming to raise $400 million in a U.S. initial public offering, a regulatory filing showed on Monday Apollo Strategic Growth Capital III, a special purpose acquisition company (SPAC), said it planned to sell 40 million units composed of shares and warrants, priced at $10 per […]
Ackman stays mum on $4 billion SPAC target, says a second may follow
Billionaire investor William Ackman said on Monday that there was nothing to report yet on finding a target for his $4 billion blank-check investment vehicle Ackman made headlines last year when he raised Pershing Square Tontine Holdings, making it the biggest blank check company ever. It now has between $5 billion and $7 billion of […]
UK car seller Cazoo to join NYSE through Dan Och-backed SPAC
British online car seller Cazoo Holdings Limited has agreed to go public in New York through a merger with AJAX I Acquisition Corp, a blank-check acquisition company led by billionaire U.S. investor Dan Och, it said on Monday. The deal with AJAX I, a special purpose acquisition company (SPAC) listed on the New York Stock […]
