Record high crypto prices in 2025 fueled a wave of digital asset treasury (“DAT”) companies announcing SPAC mergers, but a major crypto sell-off has turned that enthusiasm into a rout, and DATs that once traded at a premium to NAV now trade at a...read more
SPACs are coming back, and they’re rushing to capitalize on market excitement surrounding crypto, even as many past crypto-related SPAC mergers have flopped. A flurry of blank check companies has announced mergers with newly formed cryptocurrency...read more
Four IPOs and six SPACs debuted this week. Six IPOs and three SPACs submitted initial filings. Global trading platform eToro Group (ETOR) priced its upsized US IPO above the range to raise $620 million at a $4.9 billion market cap. eToro’s platform...read more
Columbus Circle Capital I, a blank check backed by Cohen & Company, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-half of a...read more
DAT SPAC: The crypto sell-off has punished digital asset treasury companies, so where does that leave these 10 SPAC deals?
Record high crypto prices in 2025 fueled a wave of digital asset treasury (“DAT”) companies announcing SPAC mergers, but a major crypto sell-off has turned that enthusiasm into a rout, and DATs that once traded at a premium to NAV now trade at a...read more
SPACs double down on crypto, even as past mergers underperform
SPACs are coming back, and they’re rushing to capitalize on market excitement surrounding crypto, even as many past crypto-related SPAC mergers have flopped. A flurry of blank check companies has announced mergers with newly formed cryptocurrency...read more
US IPO Weekly Recap: Trading platform eToro impresses in 4 IPO week
Four IPOs and six SPACs debuted this week. Six IPOs and three SPACs submitted initial filings. Global trading platform eToro Group (ETOR) priced its upsized US IPO above the range to raise $620 million at a $4.9 billion market cap. eToro’s platform...read more
SPAC Columbus Circle Capital I prices upsized $220 million IPO
Columbus Circle Capital I, a blank check backed by Cohen & Company, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-half of a...read more