The Nightcap
Nightly recap of the day's SPAC highlights (April 9th, 2021)
April 9th, 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:
1) Bridgetown Holdings Limited (BTWN) is said to be in advanced talks with Traveloka, an Indonesian online travel company, at around a $5B valuation, according to Bloomberg.
2) Soaring Eagle Acquisition Corp. (SRNG-U) is said to be in talks with Ginkgo Bioworks, the self-described “organism company” that has developed a cell programming platform to provide biotech solutions in food, fragrance, pharmaceuticals, and other areas, at a potentially more than $20B valuation, according to Bloomberg.
S-1 Filings:
1) OceanTech Acquisitions I Corp. (OTEC)
$100M, 1/2 warrant
Focus: Leisure marine, yachting, and superyachting
Management:
Joseph Adir (Founder & CEO of WinterHaven Holdings SL)
Upcoming Dates:
Next Week’s Shareholder Meetings and Unit Splits (common shares and warrants to commence trading separately from underlying units)
Monday, April 12th
Unit Splits: CF Acquisition Corp. VI (CFVI), Kismet Acquisition Two Corp (KAII), Figure Acquisition Corp. I (FACA), Finserv Acquisition Corp. II (FSRX), New Vista Acquisition Corp (NVSA)
Wednesday, April 14th
SC Health Corp (SCPE) Shareholder Meeting to Extend Deadline for Business Combination
Tuscan Holdings Corp II (THCA) Shareholder Meeting to Extend Deadline for Business Combination
Friday, April 16th
dMY Technology Group, Inc. II (DMYD) Shareholder Meeting to Approve Business Combination with Genius Sports Group
Union Acquisition Corp II (LATN) Shareholder Meeting to Extend Deadline for Business Combination
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Thanks for reading,