BTM News

The IPO market was quiet this past week with no IPOs, though three SPACs priced. Pipeline activity picked up slightly as two IPOs and three SPACs submitted initial filings. Typically companies wait to set terms until after the long Presidents’ Day weekend, once they have finalized full 2021 financials. However, rising volatility and market turmoil put a damper on post-holiday...read more

GSR II Meteora Acquisition, a blank check company backed by Meteora Capital targeting high-growth businesses, raised $275 million by offering 27.5 million units at $10. Each unit consists of one share of common stock, one-sixteenth of a right to receive one share at the closing of the business combination, and one warrant exercisable at $11.50. The company is led...read more

GSR II Meteora Acquisition, a blank check company backed by Meteora Capital targeting high-growth businesses, raised the proposed deal size for its upcoming IPO on Wednesday. The company originally filed in January as GLA II Meteora Acquisition. The Boca Raton, FL-based company now plans to raise $275 million by offering 27.5 million units at $10. The company originally filed to...read more

GLA II Meteora Acquisition, a blank check company backed by Meteora Capital targeting high-growth businesses, filed on Monday with the SEC to raise up to $220 million in an initial public offering. The New Hope, PA-based company plans to raise $220 million by offering 22 million units at $10. Each unit consists of one share of common stock, one-twentieth of a right to receive one...read more