Boardroom Alpha Digest: Tues, Feb 21

by | Feb 21, 2023

Executive News

  • Rubicon Technologies (RBT) CEO Jevan Anderson resigned and company President Kevin Schubert was announced as his replacement. Anderson was CFO during the company’s IPO last year.
  • Antonino Ciappina CEO of PARTS id (ID) resigned citing personal reasons. The company will search for a new permanent CEO
  • LiveRamp Holdings, Inc. (RAMP) CFO Warren C. Jenson resigned to pursue other opportunities

IPOs This Week

  • NYIX, INC. (NYX) is expected to price ~$9-10M IPO at $5 per share
  • NAVA HEALTH MD, LLC (NAVA) is looking to price $8.1M at $6 per share

SPACs

  • Former DeSPAC Starry Group Holdings, Inc. (STRY) filed for Chapter 11 Bankruptcy in Delaware, less than one year after its public debut last year
  • Axios Sustainable Growth Acquisition Corp. (AXAC) shareholders approved its deadline till May 2023 , announced a non-binding LOI with a European agribusiness target
  • Marblegate Acquisition Corp. (GATE) announced a business combination, seemingly with its own sponsor, Marblegate Asset Management

SPAC Calendar

Recent Analysis

Daily SPAC Update – July 19, 2024

AIBAF DeSPACs to PSIG. GAMC Sets Deal Vote. NOVV and BYNO Extension Votes Set. BlueRiver Acquisition  (BLUAF) Suspends Trading. CCIV Vote Moves to August.

Daily SPAC Update – July 17, 2024

ZLS – Zalatoris II Updates Trust Ahead of Vote. AFAR Extension Approved w/ 2.7M Redemptions. AVHI – Achari Ventures Extends. MACI Separate Trading Today. Ocean Capital Withdraws Registration.

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Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

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