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15 profitable SPAC mergers that have traded up from listing

UTZ

About 440 companies have listed via SPAC mergers in the past five years, with only 9% (40) currently trading above their original IPO price. Below, we highlight the 15 de-SPACs in that group that are sizable, have positive revenue growth and EBITDA, and decent trading volume.

- Consumer names are well-represented on this list, with both consumer staples such as...read more

Westrock Coffee energizes the SPAC market with $1.1 billion deal

RVAC

Riverview Acquisition (RVAC) shareholders are scheduled to vote on the SPAC's proposed merger with sustainable coffee distributor Westrock Coffee on Thursday, August 25. If approved, the combined company will list on the Nasdaq under the ticker “WEST” and be one of only a handful of large de-SPACs this year in the consumer staples...read more

SPAC Riverview Acquisition prices $250 million IPO, targeting consumer, energy, and financials

RVACU

Riverview Acquisition, a blank check company targeting consumer, energy, and financial services enterprises, raised $250 million by offering 25 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 CEO and Chairman Brad Martin, who previously served as CEO...read more

SPAC Riverview Acquisition files for a $250 million IPO, targeting consumer, energy, and financials

RVACU

Riverview Acquisition, a blank check company targeting consumer, energy, and financial services enterprises, filed on Thursday with the SEC to raise up to $250 million in an initial public offering. The Memphis, TN-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable...read more

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