The Nightcap

Nightly recap of the day's SPAC highlights (May 5th, 2021)

May 5th, 2021

Good evening,

Thanks for reading “The Nightcap”, a nightly recap of all the day’s highlights in the SPAC world. In this newsletter, you will find a breakdown of the day’s deals, IPO’s, “in talks” reports, and noteworthy new SPAC S-1 filings.

Of course, you can always discover and track all of the SPACs at spactrack.net.

The Stats:

SPAC Track @SPACtrack

#SPAC Volume Leaders (5/5) $CCIV 10.1M $IPOF 6.9M $MUDS 5.1M $LCA-HU 3.1M $TBA 2.9M $WPF 2.4M $SEAH 2.3M $IPOE 2.3M $MAAC 2.2M $FWAA 2.1M

The Deals:

None today.

Deal News Reports:

1) Horizon Acquisition Corp. II (HZON) has extended the deal negotiation window with Sportradar, according to Sportico.

S-1 Filings:

1) Reinvent Technology Partners X (RTPX)

• $220M, no warrants

• Focus: Tech

• Key People:

  • Co-founders and Board Observers:

    • Reid Hoffman (Co-founder and Former CEO of LinkedIn, Former CEO, Paypal, and Partner at Greylock)

    • Mark Pincus (Chairman and Former CEO of Zynga)

  • Venture Partner:

    • Marissa Mayer (Former CEO of Yahoo)

SPACs Leaving the Nest:

• Experience Investment Corp. (EXPC) shareholders approved the business combination with Blade Urban Air Mobility, Inc. EXPC will trade as BLDE upon merger closing, which is expected to be May 7th.

Upcoming Dates:

This Week’s Shareholder Meetings and Unit Splits (common shares and warrants to commence trading separately from underlying units)

Thursday, May 6th

• Stable Road Acquisition Corp (SRAC) Shareholder Meeting to Extend Deadline for Business Combination

• Unit Splits: FAST Acquisition Corp. II (FZT), European Biotech Acquisition Corp. (EBAC), Plum Acquisition Corp. I (PLMI)

Friday, May 7th

• Unit Splits: Athena Technology Acquisition Corp. (ATHN)

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Thanks for reading,

SPAC Track

spactrack.net