Two blank check companies debuted this week, while two IPOs and three SPACs submitted initial filings. Also on the SPAC side, Soulpower Acquisition (SOUL) announced it would merge with SWB Holdings at a proposed $8.1 billion valuation, one of the largest...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
Soulpower Acquisition, a blank check company targeting businesses in insurance services and retirement savings, 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...read more
Soulpower Acquisition, a blank check company targeting businesses in insurance services and retirement savings, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million...read more
US IPO Weekly Recap: IPO market quiet in short Thanksgiving week
Two blank check companies debuted this week, while two IPOs and three SPACs submitted initial filings. Also on the SPAC side, Soulpower Acquisition (SOUL) announced it would merge with SWB Holdings at a proposed $8.1 billion valuation, one of the largest...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
Financials SPAC Soulpower Acquisition prices upsized $220 million IPO
Soulpower Acquisition, a blank check company targeting businesses in insurance services and retirement savings, 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...read more
Financials SPAC Soulpower Acquisition files for a $200 million IPO
Soulpower Acquisition, a blank check company targeting businesses in insurance services and retirement savings, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million...read more