SPACs Attack

Kin Insurance is set to go public via special purpose acquisition company Omnichannel Acquisition Corp (NYSE: OCA) in a deal with a pro forma enterprise value of approximately $1.03 billion. Sean Harper, co-founder and CEO of Kin Insurance, and Matt Higgins, chairman and CEO of...

The debut of Lucid Group Inc (NASDAQ: LCID) trading this week marks another electric vehicle company going public via SPAC merger. The hosts of Benzinga’s “SPACs Attack” featured two prominent electric vehicle companies — Lucid Group and Faraday Future — focused...

Bowlero is set to go public via special purpose acquisition company Isos Acquisition Corp (NYSE: ISOS) with an enterprise value of approximately $2.6 billion.  Brett Parker, president, vice chairman and CFO of Bowlero, appeared on Benzinga's YouTube show "SPACs Attack"...

IonQ is set to go public via special purpose acquisition company DMY Technology Group Inc III (NYSE: DMYI) with a pro forma implied market cap of approximately $2 billion.  IonQ CEO Peter Chapman appeared on Benzinga's YouTube show "SPACs Attack" for an...

Matterport is set to go public via special purpose acquisition company Gores Holdings VI Inc (NASDAQ: GHVI) with an implied pro forma equity value of $2.9 billion.  Matterport CEO RJ Pittman appeared on Benzinga's YouTube show "SPACs Attack" for an exclusive...

Italian luxury house Ermenegildo Zegna Group agreed to go public via a $3.2 billion special purpose acquisition corporation (SPAC) merger with Investindustrial Acquisition Corp (NYSE: IIAC). The Zegna family will continue to control the company with a 62% stake. The merger is...

Digital manufacturer Fast Radius Inc is on the verge of closing a deal to go public via a $1.4 billion special-purpose acquisition company (SPAC) merger with ECP Environmental Growth Opportunities Corp (NASDAQ: ENNV), the Wall Street Journal reports. United Parcel Service...

On-demand digital manufacturing services provider Fathom Digital Manufacturing Corporation agreed to go public via a special purpose acquisition company (SPAC) merger with Altimar Acquisition Corp II (NYSE: ATMR).  The transaction has a pro forma enterprise value of $1.5...

Heartflow Holding Inc (NYSE: HFLO) aims to bring its noninvasive, artificial intelligence (AI)-based test for coronary heart disease to more doctors and patients via a SPAC merger with Longview Acquisition Corp II (NYSE: LGV).  Once the deal, valued at an...

Celularity Inc has closed the merger with GX Acquisition Corp (NASDAQ: GXGX), giving Celularity $138 million to push the NK cell and T cell therapies into early-stage trials. The combined company will operate under the name Celularity Inc (NASDAQ: CELU), and its common stock will...

Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY). LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC. The deal values ...

Citing sources close to the deal, CNBC reports that a Hong Kong biotech Prenetics is set to merge with Artisan Acquisition Corp (NASDAQ: ARTA), a special purpose acquisition company (SPAC), in a deal that will value the new entity at more than $1.3 billion. In the deal,...

On its first day of trading under its new name and ticker after a SPAC merger, shares of Wheels Up (NYSE: UP) are soaring. What Happened: “We now have 170 planes in our first-party business, another 170 planes in second-party business,” Wheels Up CEO Kenny Dichter said. Dichter...

Xos is set to go public via special purpose acquisition company NextGen Acquisition Corp (NASDAQ: NGAC) in a deal that values the combined company at $2 billion.  Xos co-founder and CEO Dakota Semler appeared on Benzinga's YouTube show "SPACs Attack" for an...

Planet Labs Inc. is set to go public via special purpose acquisition company dMY Technology Group Inc IV (NYSE: DMYQ) in a deal that values Planet Labs at about $2.8 billion. Niccolo De Masi, CEO of dMY Technology Group, appeared on Benzinga's YouTube show "...