BOAC.U News

Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New filings kept steady with six IPOs and five SPACs (...read more

2020’s SPAC mania is showing signs of fatigue. A record-shattering 168 blank check IPOs have raised $57 billion this year, more proceeds than the past 10 years combined. Another 64 SPACs are on file.  Yet in the past month, 14 SPACs have priced downsized...read more

Bluescape Opportunities Acquisition, a blank check company formed by Bluescape Energy Partners targeting the energy and industrial sectors, raised $575 million by offering 57.5 million units at $10. Each unit will consist of one share of common stock and one-half of a warrant, exercisable at $11.50. The company currently has forward purchase agreements of $30 million with the...read more

Bluescape Opportunities Acquisition, a blank check company formed by Bluescape Energy Partners targeting the energy and industrial sectors, lowered the proposed deal size for its upcoming IPO on Monday. The Dallas, TX-based company now plans to raise $575 million by offering 57.5 million units at a price of $10. The company had previously filed to offer 70 million units at $10....read more