WAVC.U News

The IPO market is still on its August break, with just one SPAC pricing. Issuance should resume after Labor Day, and new filers are starting to flood the fall IPO pipeline, with nine initial filings this past week. Five SPACs also submitted initial filings. Waverley Capital Acquisition 1 (WAVCU) was the week’s sole pricing, raising $200 million to acquire...read more

Waverley Capital Acquisition 1, a blank check company formed by Waverley Capital targeting media, technology, and entertainment, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company originally planned to offer 30 million units before lowering the offering earlier...read more

Waverley Capital Acquisition 1, a blank check company formed by Waverley Capital targeting media, technology, and entertainment, lowered the proposed deal size for its upcoming IPO on Monday. The Palo Alto, CA-based company now plans to raise $200 million by offering 20 million units at $10. The company had previously filed to offer 30 million units at the same price. Each...read more

Waverley Capital Acquisition 1, a blank check company formed by Waverley Capital targeting media, technology, and entertainment, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering. The Palo Alto, CA-based company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-fourth of...read more