2021 is shaping up to be the “Year of the SPAC.” So far this year, 176 SPACs have raised $49.5 billion, a huge leap from the 10 that raised $2.6 billion by this time last year. SPACs are outpacing traditional IPOs at a rate of three-to-one, and...read more
The IPO market had its busiest week yet this year with 14 IPOs raising $3.9 billion and 27 SPACs raising $9.2 billion. The IPO pipeline remained active as well, with 3 IPOs and 38 SPACs submitting initial filings. TELUS International (TIXT) upsized and...read more
Jaws Mustang Acquisition, the third blank check company led by Starwood Capital founder Barry Sternlicht, raised $900 million by offering 90 million units at $10. The company offered 15 million more units than anticipated. Each unit consists of one share...read more
Jaws Mustang Acquisition, the third blank check company led by Starwood Capital founder Barry Sternlicht, filed on Friday with the SEC to raise up to $750 million in an initial public offering.
The Miami Beach, FL-based company plans to raise $750 million by ...read more
Year of the SPAC: Blank check IPOs are on track to complete more than 1,000 offerings in 2021
2021 is shaping up to be the “Year of the SPAC.” So far this year, 176 SPACs have raised $49.5 billion, a huge leap from the 10 that raised $2.6 billion by this time last year. SPACs are outpacing traditional IPOs at a rate of three-to-one, and...read more
US IPO Weekly Recap: Biotechs flood the IPO market in a 14 IPO week
The IPO market had its busiest week yet this year with 14 IPOs raising $3.9 billion and 27 SPACs raising $9.2 billion. The IPO pipeline remained active as well, with 3 IPOs and 38 SPACs submitting initial filings. TELUS International (TIXT) upsized and...read more
Barry Sternlicht's third SPAC Jaws Mustang Acquisition prices upsized $900 million IPO
Jaws Mustang Acquisition, the third blank check company led by Starwood Capital founder Barry Sternlicht, raised $900 million by offering 90 million units at $10. The company offered 15 million more units than anticipated. Each unit consists of one share...read more
Barry Sternlicht's third SPAC Jaws Mustang Acquisition files for a $750 million IPO
Jaws Mustang Acquisition, the third blank check company led by Starwood Capital founder Barry Sternlicht, filed on Friday with the SEC to raise up to $750 million in an initial public offering. The Miami Beach, FL-based company plans to raise $750 million by ...read more