HHRS News

A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight months left in the year. Three de-SPACs filed for bankruptcy in the first week of April, all of which completed their mergers...read more

Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, raised $275 million by offering 27.5 million units at $10. Each unit consists of one ordinary share and one-half of a warrant, exercisable at $11.50. ...read more

Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, lowered the proposed deal size for its upcoming IPO on Friday. The Menlo Park, CA-based company now plans to raise $275 million by offering 27.5 million units at $10. The company had most recently filed to offer 30 million units at the same price....read more

Decarbonization Plus Acquisition IV, a blank check company formed by Riverstone targeting businesses advancing global decarbonization, lowered the proposed deal size for its upcoming IPO on Wednesday. The Menlo Park, CA-based company now plans to raise $300 million by offering 30 million units at $10 per unit. The company had previously filed to offer 35 million units at the same...read more