SPACs Attack

Wallbox is set to go public with a pro-forma enterprise value of $1.5 billion via special purpose acquisition company (SPAC) Kensington Capital Acquisition Corp II (NYSE: KCAC). Enric Asunción, CEO of Wallbox and Justin Mirro, chairman and CEO of Kensington Capital Acquisition...

The digital treatment developer Pear Therapeutics is taking the SPAC route to go public through a deal expected to provide about $400 million in new funding, representing a pro forma equity value of approximately $1.6 billion. The proceeds include $125 million gathered from upsized...

Special purpose acquisition company (SPAC), DD3 Acquisition Corp II (NASDAQ: DDMX), has entered into a business combination agreement with Codere Online. Codere Online is a part of the international gaming operator Codere Group, offering online sports betting and the...

KORE Wireless is set to go public via special purpose acquisition company (SPAC) Cerberus Telecom Acquisition Corp (NYSE: CTAC) in a deal with a pro-forma enterprise value of approximately $1 billion. Romil Bahl, president and CEO of KORE Wireless, appeared on Benzinga's...

Benzinga offers live programming on YouTube Monday through Friday. The channel has content that covers market movers, earnings, options, cryptocurrency, SPACs, trade ideas, cannabis and more. Over 100,000 people subscribe to Benzinga’s YouTube channel. Here's a look at Twitter Inc (...

Cathy Zoi, CEO of EVgo, joined Benzinga’s "SPACs Attack" show Wednesday. In January, charging station infrastructure company EVgo announced a SPAC merger with Climate Change Crisis Real Impact I Acquisition Corp (NYSE: CLII). Electrification Opportunity: Zoi said that while there is...

Last week featured seven announced SPAC deals, and here is a look back at the week that was for those SPACs, as well as rumors and headline news all covered on Benzinga’s “SPACs Attack.” SPAC Deals: SIGNA Sports United announced a SPAC deal with Yucaipa Acquisition Corp (NYSE...

Stephan Zoll, CEO of Signa Sports United, joined Benzinga’s "SPACs Attack" show Monday. The sports e-commerce company announced last week that it will be going public via a SPAC merger with Yucaipa Acquisition Corporation (NYSE: YAC). SPAC Vs. IPO: Zoll said Signa identified two...

Online wholesale retailer Boxed.com said it would go public through a merger with a Special Purpose Acquisition Company (SPAC), Seven Oaks Acquisition Corp (NASDAQ: SVOK), the Wall Street Journal reports. The combined value of the company is estimated to be about $900...

Digital health company Butterfly Network Inc (NYSE: BFLY) went public via the special purpose acquisition company Longview Acquisition Corp (NYSE: LGVW) in February. Now the protein sequencing company Quantum-Si is set to go public via special purpose acquisition company ...

Boston-based Valo Health LLC has agreed to go public through a reverse merger with a blank-check firm backed by venture capitalist Vinod Khosla, in a deal valuing the combined company at about $2.8 billion. Founded in 2019, Valo Health is a biotech company that uses data...

Last week featured six announced SPAC deals and featured earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.” SPAC Deals: Connected vehicle data company Wejo...

Data analytics software developer Palantir Technologies Inc (NYSE: PLTR) has emerged as a significant investor in other tech companies preparing for a public debut, CNBC reports. What Happened: A group of investors, including Palantir, will invest $230 million into the Babylon...

Opportunity Financial, or OppFi, is set to go public via special purpose acquisition company FG New America Acquisition Corp (NYSE: FGNA) with an implied equity valuation of approximately $800 million. OppFi CEO Jared Kaplan appeared on Benzinga's YouTube show "SPACs Attack...

Betterware De Mexico SAB De CV (NASDAQ: BWMX) went public via the special purpose acquisition company DD3 Acquisition Corp (NASDAQ: DDMX) in March 2020 and became the first Mexican company directly listed on the Nasdaq.  The father-and-son team of Executive Chairman Luis Campos and...