A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
NextGen Acquisition Corp. II, a blank check company targeting the industrial, technology, and healthcare sectors, raised $350 million by offering 35 million units at $10. The company originally filed in early March to raise $400 million in its IPO. Each...read more
NextGen Acquisition II, a blank check company targeting the industrial, technology, and healthcare sectors, filed on Thursday with the SEC to raise up to $400 million in an initial public offering. The Boca Raton, FL-based company plans to raise $400...read more
Five SPAC mergers have gone bankrupt this year, tying 2022
A growing list of de-SPACs have gone bankrupt, adding further pressure to the beleaguered blank check space. Year-to-date, five companies that went public via SPAC merger have filed for bankruptcy, matching the full-year total from 2022 with more than eight...read more
SPAC NextGen Acquisition II prices downsized $350 million IPO, targeting industrials, tech, and healthcare
NextGen Acquisition Corp. II, a blank check company targeting the industrial, technology, and healthcare sectors, raised $350 million by offering 35 million units at $10. The company originally filed in early March to raise $400 million in its IPO. Each...read more
SPAC NextGen Acquisition II files for a $400 million IPO
NextGen Acquisition II, a blank check company targeting the industrial, technology, and healthcare sectors, filed on Thursday with the SEC to raise up to $400 million in an initial public offering. The Boca Raton, FL-based company plans to raise $400...read more