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 – Jan 24, 2024

Daily SPAC Update for Jan 24, 2024. CSLM + Fusemachines merger agreement. Extensions for APAC, HCMA, CLOE. Votes set for PTWO, BITE, ARIZ.

Daily SPAC Update – Jan 23, 2024

Daily SPAC Update for Jan 23, 2024. Trump’s DWAC surges again. NCAC SPAC shenanigans. OPA to liquidate. ACAB investor deck. Plus PBAX, EMLD, CSTAF, and more.

Disclaimer

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