SPACs Attack

The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies in similar industries that went public or are going public via SPAC. A battle held June 17 featured Virgin Galactic Holdings Inc (NYSE: SPCE) versus BlackSky, a company merging with...

AvePoint Inc (NASDAQ: AVPT) went public via special purpose acquisition company Apex Technology Acquisition Corp in a $2 billion deal. The data management solutions provider began trading on the Nasdaq on July 2. AvePoint CEO TJ Jiang appeared on Benzinga's YouTube show "SPACs...

Israel-based alpha-radiation cancer therapy developer Alpha Tau Medical has agreed to merge with a special purpose acquisition company (SPAC) Healthcare Capital Corp (NASDAQ: HCCC), giving it a valuation of $1 billion. Alpha Tau's Alpha DaRT delivers potent alpha radiation...

Boxed is set to go public via special purpose acquisition company Seven Oaks Acquisition Corp (NASDAQ: SVOK) with a pro forma implied equity value of approximately $900 million. Related Link: Boxed To Go Public In $900M SPAC Deal Boxed CEO Chieh Huang appeared on ...

Super Group Global is set to go public via special purpose acquisition company Sports Entertainment Acquisition Corp (NYSE: SEAH) with a pre-money equity valuation of $4.75 billion. Neal Menashe, CEO of Super Group Global, and Eric Grubman, chairman of Sports...

The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies that went public or are going public via SPAC that compete in similar industries. A recent battle was Desktop Metal Inc (NYSE: DM) versus Velo3D, a company merging with Jaws Spitfire...

The online gaming operator Codere Online entered into a definitive business combination agreement to go public via special purpose acquisition company DD3 Acquisition Corp II (NASDAQ: DDMX) with an estimated pro forma enterprise value of approximately $350 million. Martin Werner, co-...

Digital ad company Taboola.com Ltd (NASDAQ: TBLA) share saw its first day of trading following its special acquisition corporation (SPAC) merger with ION Acquisition Corp 1 Ltd (NYSE: IACA).  The transaction will generate $526 million upon closing. The shares will begin...

Pardes Biosciences Inc, an early-stage biopharmaceutical company, and FS Development Corp. II (NASDAQ: FSII), a Foresite Capital sponsored SPAC, entered into a definitive merger agreement. Pardes Biosciences was founded at the beginning of 2020 by Uri Lopatin, a former Gilead...

System1 marketing firm has agreed to go public via special purpose acquisition company (SPAC) merger with Bill Foley backed Trebia Acquisition Corp (NYSE: TREB), valuing the combined company at an enterprise value of $1.4 billion, Bloomberg reported. The transaction will provide...

LiDAR sensor and 3D perception software company Quanergy is set to go public via special purpose acquisition company CITIC Capital Acquisition Corp (NYSE: CCAC) with a pro forma implied equity value of approximately $1.4 billion. Kevin Kennedy, chairman and CEO of Quanergy...

Singapore’s online classifieds marketplace operator Carousell Pte is eyeing a U.S. listing via special purpose acquisition company (SPAC) merger at a valuation of up to $1.5 billion, Bloomberg reports. Other Southeast Asian companies harboring similar aspirations include...

The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies that went public via SPAC merger competing in the same industry. One of the high-profile battles was Draftkings Inc (NASDAQ: DKNG) versus Rush Street Interactive Inc (NYSE: RSI), two...

Clinical-stage biopharmaceutical company eFFECTOR Therapeutics is set to go public via the special purpose acquisition company Locust Walk Acquisition Corp (NASDAQ: LWAC) with an enterprise value of $419 million. Steve Worland, the president and CEO of eFFECTOR, and Chris Ehrlich,...

The self-driving truck startup, Embark Trucks Inc, is planning to go public via the special-purpose acquisition company (SPAC) route by merging with Northern Genesis Acquisition Corp II (NYSE: NGAB) in a deal valued at $5.2 billion, the Wall Street Journal reported. Embark is...