MACQU News

MCAP Acquisition, a blank check company formed by Monroe Capital targeting technology, raised $275 million by offering 27.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. Certain sponsor members had indicated on 4.1 million units in the offering, and...read more

MCAP Acquisition, a blank check company formed by Monroe Capital targeting technology, filed on Monday with the SEC to raise up to $250 million in an initial public offering. The Chicago, IL-based company plans to raise $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant, exercisable at $11.50. At the...read more

Four companies went public and traded up this past week, raising a combined $733 million. Tech IPO Everbridge led the group, trading up 27% on its debut. An MLP carved out of Noble Energy made headlines as the first energy IPO in over a year, and its 17% gain should encourage...read more

M I Acquisitions, a blank check company formed to acquire a technology, media or telecom company, raised $50 million by offering 5 million shares at $10, as expected. M I Acquisitions plans to list on the Nasdaq under the symbol MACQU. Chardan Capital Markets acted as a lead manager on the deal....read more