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
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...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
New SPAC activity holds steady even as traditional IPOs delay
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...read more