ZINGU News

The IPO market was relatively quiet ahead of the holiday week with seven IPOs raising $1.5 billion. 12 SPACs also priced. Two deals failed to get done: childcare giant KinderCare (KLC) postponed, and Canada-listed Sangoma Technologies (SANG) terminated its proposed US offering. New issuers continued to join the pipeline in preparation for...read more

FTAC Zeus Acquisition, a blank check company led by SPAC veteran Daniel Cohen and Launchpad Capital's Ryan Gilbert targeting fintech, raised $350 million by offering 35 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 Chairman Daniel Cohen, who currently serves as...read more

FTAC Zeus Acquisition, a blank check company led by SPAC veteran Daniel Cohen and Launchpad Capital's Ryan Gilbert targeting fintech, lowered the proposed deal size for its upcoming IPO on Tuesday. The Philadelphia, PA-based company now plans to raise $300 million by offering 30 million units at $10. The company had previously filed to offer 44 million units at the same price. ...read more

FTAC Zeus Acquisition, a blank check company led by SPAC veteran Daniel Cohen and Propel Venture's Ryan Gilbert targeting fintech, filed on Monday with the SEC to raise up to $440 million in an initial public offering. The Philadelphia, PA-based company plans to raise $440 million by offering 44 million units at $10. Each unit consists of one share of common stock and...read more