SPAC Wrap - Week Ending 1/22

SPAC Wrap – Week Ending 1/22

January 22, 2021

Every week we wrap the latest on new SPACs filed, IPOs, mergers, deals, and more. And, for those closely following Chamath and Social Capital’s efforts, you’ve got a special section too. Follow us on twitter to get the latest as it happens and contact to learn more about Boardroom Alpha’s SPAC Intelligence service.

New SPAC S-1 Filings

No slowing down in the world of SPACS as over 20 new S-1s were filed this week, more SPACs priced, and deals got done.

SPAC IPOs that priced this week

Active day of #SPAC IPO pricings continues:

Queen's Gambit (😉): upsized to $300M
– $GMBTU starts trading tomorrow
– 1U: 1 share, 1/3 W $GMBTW
– First SPAC for the all-female team led by Victoria Grace of Colle Capital
– #ESG focused

s-1: https://t.co/ssZUVlmgNn
— Boardroom Alpha (@boardroomalpha) January 20, 2021

SPACS that announced mergers this week

Climate Change Crisis Real Impact I Acquisition Corp announced it will merge with EVgo

#SPAC Merger: $CLII with EVGo, a charging company –> $EVGO

– EV businesses and SPACs continue their hot pace
– $400M PIPE / $230M in trust
– PF EV $2.1B
– EVGO shareholders rolling 100% of equity
– exp close Q2

trading up ~50% pre-market

Deck: https://t.co/AAxgt15jN9
— Boardroom Alpha (@boardroomalpha) January 22, 2021

SPAC deals completed this week

Oaktree Acquisition Corp. officially merged with Hims & Hers. Shares now trade under (HIMS).
Gores Holdings IV officially merged with United Wholesale Mortgage. Shares now trade under (UWMC).
Acamar Partners Acquisition Corp. officially merged with CarLotz. Shares now trade under (LOTZ)

#SPAC merger: $ACAM closes transaction w/ @CarLotz411 $LOTZ to start trading tomorrow, Jan-22

just under 2 years from IPO -> business combination for Acamar https://t.co/CgRv7x966a
— Boardroom Alpha (@boardroomalpha) January 21, 2021

Mr. SPAC-man (Chamath) Update

Chamath teased a new PIPE, yet the market is anxiously awaiting who the mystery SPAC is..

Got it done! Announcing tomorrow before market open.

🙏🏽🙏🏽 https://t.co/RyDDbaxza1
— Chamath Palihapitiya (@chamath) January 22, 2021

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RESEARCH & INSIGHTS

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