SHUAU News

Traditional IPOs were a no-show again this past week, though four SPACs were willing to brave current market conditions, raising a combined $725 million. The pipeline saw some activity, with three IPOs and two SPACs submitting initial filings. While ...read more

SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech and fintech in the Middle East, North Africa, and Turkey, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by ...read more

SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech and fintech in the Middle East, North Africa, and Turkey (MENAT) region, lowered the proposed deal size for its upcoming IPO on Tuesday. The Cayman Islands-based company now plans to raise $100 million by offering 10 million units at a price of $10. The company had previously filed to offer...read more

SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech in the Middle East, North Africa, and Turkey, filed on Thursday with the SEC to raise up to $200 million in an initial public offering. The Cayman Islands-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and...read more