The Nightcap
Nightly recap of the day's SPAC highlights (April 1st, 2021)
April 1st, 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:
The Deals:
None today.
Deal News Reports:
None today.
Notable IPOs to begin trading tomorrow:
The market is closed tomorrow for Good Friday.
Notable S-1 Filings:
Just one S-1 today
Zimmer Energy Transition Acquisition Corp. (ZT), which is focused on the energy transition/ sustainability sector
SPACs Leaving the Nest:
1) New Providence Acquisition Corp (NPA) announced shareholder approval of the business combination with AST & Science. The merger is expected to close on 4/6 and upon completion, the company will become AST SpaceMobile and trade as ASTS.
2) Collective Growth Corp (CGRO) announced shareholder approval of the merger with Innoviz Technologies. CGRO will trade as INVZ upon merger completion.
3) Replay Acquisition Corp (RPLA) announced the completion of its business combination with Finance of America Equity Capital. The company is now named Finance of America Companies and will trade as FOA starting on Monday.
Upcoming Dates:
Next Week’s Shareholder Meetings and Unit Splits (common shares and warrants to commence trading separately from underlying units)
Monday, April 5th
Unit Splits: Bite Acquisition Corp (BITE), ScION Tech Growth II (SCOB), Tishman Speyer Innovation Corp. II (TSIB), ION Acquisition Corp 2 Ltd. (IACB), Medicus Sciences Acquisition Corp. (MSAC), Broadscale Acquisition Corp. (SCLE), Catcha Investment Corp (CHAA)
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Thanks for reading,