VMACU News

Vistas Media Acquisition, a blank check company targeting the media and entertainment industry, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. The company is led by CEO Jacob Cherian, the former CEO of I-AM Capital Acquisition (acquired Simplicity Esports...read more

Updated Monday, 8/3. Eight IPOs and one SPAC are scheduled to raise $4.8 billion in the week ahead, with Rocket Mortgage parent Rocket Companies (RKT) slated to complete the year’s largest US IPO to date. Several companies could join the IPO calendar in the week ahead, including net lease REIT NetSTREIT (NTST), oncology...read more

Three biotechs, two Chinese issuers, and one SPAC went public this past week, led by preclinical oncology biotech Nkarta (NKTX), which popped 166% in the best first-day return for a $10+ million IPO since 2015. Some major news hit the IPO pipeline this week. Long-awaited IPO candidate Postmates chose to be acquired by Uber, secretive data...read more

Vistas Media Acquisition, a blank check company targeting the media and entertainment industry, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company plans to raise $100 million by offering 10 million units at a price of $10. Each unit consists of one share and three-quarters of one warrant, exercisable at $11.50....read more