ACKIU News

Ackrell SPAC Partners I, a blank check company targeting a branded fast-moving consumer goods business, raised $120 million by offering 12 million units at $10. The company offered 2 million more units than anticipated. Each unit contains one subunit and one-half of a warrant, exercisable at $11.50. Each subunit contains one share of common stock and one-half of a warrant. ...read more

The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education (YQ). Filing activity continued to slow as we near the end of 2020, with one IPO and eight SPACs submitting initial filings. Chinese education technology group 17 Education & Technology Group...read more

Ackrell SPAC Partners I, a blank check company targeting a branded fast-moving consumer goods business, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Claymont, DE-based company plans to raise $100 million by offering 10 million units at $10. Each unit contains one subunit and one-half of a warrant, exercisable at $11.50. Each...read more