ASCBU News

The IPO market showed signs of life after a fairly quiet April, with three IPOs and two SPACs this past week. While there were only two new IPO filings, a few large deals in the pipeline updated their prospectuses, including Corebridge Financial...read more

A SPAC II Acquisition, a blank check company targeting new economy sectors in North America, Europe, and Asia, raised $185 million by offering 18.5 million units at $10. Each unit consists of one share of common stock, one-half of a warrant exercisable at $11.50, and a right to receive one-tenth of a share of common stock upon the closing of a business combination. The company...read more

The 1Q22 IPO market ended with another quiet week. Just two SPACs priced. The most notable news came from the IPO pipeline. Four IPOs and two direct listings submitted initial filings, led by AIG carve-out SAFG Retirement Services (SAFG), which could raise up to $3 billion. Four issuers also refreshed their filings with updated financials, including...read more

A SPAC II Acquisition, a blank check company targeting new economy sectors in North America, Europe, and Asia, filed on Monday with the SEC to raise up to $185 million in an initial public offering. The company plans to raise $185 million by offering 18.5 million units at a price of $10. Each unit consists of one share of common stock, one-half of a warrant exercisable at...read more