The Nightcap: The Great Unclogging Continues... 5 Completions this week with another 9 merger meetings next week
Nightly recap of the day's SPAC highlights (June 25th, 2021)
Good evening,
Thanks for reading “The Nightcap”, a nightly recap of the highlights of the SPAC world. You can always discover and track all of the SPACs at spactrack.net.
The Stats:
The Deals:
No deals today.
Deal News Reports:
None today.
Quick News Corner:
Artius Acquisition Inc. (AACQ) completed its merger with Origin Materials (ORGN: $9.77). AACQ began trading as ORGN today.
Forum Merger III Corporation (FIII: $10.19) completed its merger with Electric Last Mile. FIII will begin trading as ELMS on June 28.
NYSE’s Cunningham Sees Heightened Scrutiny of SPACs on Horizon (article behind paywall)
New S-1 Filings:
1) TdMY Technology Group, Inc. (TDMY)
$250M, 1/5 warrant
Focus: Mobile app ecosystem or consumer internet companies
Management:
Niccolo de Masi (Director of Rush Street Interactive and of Genius Sports Limited
Harry L. You (Former Chairman of EMC and Former CFO of Oracle)
S-1 Link: https://www.sec.gov/Archives/edgar/data/1858327/000119312521199380/d346003ds1.htm
2) Thimble Point Acquisition Corp. II (THMB)
$200M, 1/3 warrant
Focus: High-growth software and technology-enabled companies
Advisors: Michael Simon (Co-founder, Former Chairman & CEO of LogMeIn, and Former Director of Hubspot)
S-1 Link: https://www.sec.gov/Archives/edgar/data/1846735/000119312521199004/d91952ds1.htm
3) Williams Rowland Acquisition Corp. (WRAC)
$200M, 1/2 warrant
Focus: Financial services and FinTech and technology
S-1 Link: https://www.sec.gov/Archives/edgar/data/1855168/000121390021034159/fs12021_williamsrowland.htm
4) Inception Growth Acquisition Ltd (Ticker not available yet)
$90M, 3/4 warrant
S-1 Link: https://www.sec.gov/Archives/edgar/data/1866838/000121390021034233/fs12021_inception.htm
Upcoming Dates:
Next Week’s Shareholder Meetings and Unit Splits:
Monday, June 28th
Unit Split: B. Riley Principal 250 Merger Corp. (BRIV-U: $9.97)
Leisure Acquisition Corp (LACQ: $14.30) Shareholder Meeting to Approve Business Combination with Ensysce Biosciences
ION Acquisition Corp 1 Ltd. (IACA: $10.23) Shareholder Meeting to Approve Business Combination with Taboola
Tuesday, June 29th
Climate Change Crisis Real Impact I Acquisition Corp (CLII: $16.17) Shareholder Meeting to Approve Business Combination with EVgo
Falcon Capital Acquisition Corp. (FCAC: $9.87) Shareholder Meeting to Approve Business Combination with Sharecare
Therapeutics Acquisition Corp (d/b/a Research Alliance Corp) (RACA: $10.05) Shareholder Meeting to Approve Business Combination with POINT Biopharma
Northern Star Investment Corp. II (NSTB: $9.95) Shareholder Meeting to Approve Business Combination with Apex Clearing (Preliminary Date— could change)
Wednesday, June 30th
Holicity Inc. (HOL: $10.90) Shareholder Meeting to Approve Business Combination with Astra
Alussa Energy Acquisition Corp (ALUS: $9.99) Shareholder Meeting to Approve Business Combination with FREYR Battery
Apex Technology Acquisition Corp (APXT: $12.41) Shareholder Meeting to Approve Business Combination with AvePoint
Foley Trasimene Acquisition Corp (WPF: $9.96) Shareholder Meeting to Approve Business Combination with Alight
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