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SPACs
Alvotech Puts Iceland on the SPAC Map

Alvotech Puts Iceland on the SPAC Map

Icelandic biopharma Alvotech deSPACs today. DHAC announces DA with VSee Lab. Deal termination for AKIC and visual effects company DNEG. A flurry of extension votes. And the rest of the day’s news in SPACs.

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SPAC Deals in Plant-Based Proteins and Med Tech

SPAC Deals in Plant-Based Proteins and Med Tech

SPAC deals for Moolec (plant-based proteins) and Excelera (med tech). Cannabis SaaS player SpringBig goes up in smoke– shares dropped 47% in their first day of trading. Grove Collaborative gets the green light. And the rest of the day’s news in SPACs.

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DWAC Can’t Seem to Stay out of Trouble

DWAC Can’t Seem to Stay out of Trouble

DWAC shares plunge 28% on news of a second SEC subpoena. Important merger vote for Sir Richard Branson today: VGII / Grove Collaborative. Tomorrow, EJFA / Papaya. And the rest of the day’s news in SPACs.

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Moroccan Agribusiness Forafric debuts

Moroccan Agribusiness Forafric debuts

Moroccan agribusiness Forafric (AFRI) debuts. With TCAC / Springbig approved at 96% redemptions, we take a look at redemption trends. Lots of extension votes coming up. And the rest of the day’s news in SPACs.

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Warehouse Robot Maker Symbotic Gets Juiced

Warehouse Robot Maker Symbotic Gets Juiced

Shares of warehouse robot maker Symbotic (SYM) join the high redemption/thin float club, popping 120% on today’s debut. Merger approval for DYNS/ Senti Bio. The usual extensions. And the rest of the day’s news in SPACs.

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SVFC / Symbotic Approved

SVFC / Symbotic Approved

SVFC approves Symbotic merger. SPACs are busy with 4 merger votes this week. Fingers crossed…lots of extension votes. And the rest of the day’s news in SPACs.

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Blade Therapeutics Vote Delayed

Blade Therapeutics Vote Delayed

The race against the clock continues. BIOT says it has enough votes for its merger with Blade Therapeutics, but needs more time to close. And the rest of the day’s news in SPACs.

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Seatgeek and Forbes Cancelled

Seatgeek and Forbes Cancelled

An oversaturated SPAC market yields a combination of terminations and extensions as deal pressure intensifies. And the rest of the day’s news in SPACs.

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SPAC Market Review – May 2022

SPAC Market Review – May 2022

Inflation, rising interest rates, and reduced corporate earnings across the board have led to persistent market gyrations which prove its too early for bottom fishing. The stampede out of deSPACs now makes it ‘deal-or-die’ time for those without targets.

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Automotive Tech in Focus

Automotive Tech in Focus

Two DAs today in auto tech, one would represent China’s biggest U.S. listing since Didi. WeWork fires its CFO. And the rest of the day’s news in SPACs.

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MSP Recovery Sinks

MSP Recovery Sinks

MSP Recovery (MSPR) sinks, falling 53% on its debut. Biote gets approval. Lots of extension votes ahead. And the rest of the day’s news in SPACs.

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MSP Recovery Debuts Tomorrow

MSP Recovery Debuts Tomorrow

Medicare and Medicaid secondary payer reimbursement recovery specialist MSP Recovery (MSPR) begins trading tomorrow. Extension for TINV/Grindr. And the rest of the day’s news in SPACs.

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Comera Life Sciences Debuts in the Red

Comera Life Sciences Debuts in the Red

Comera Life Sciences (CMRA), the maker of self-injectible biologics, deSPAC’d today, closing down 9%. An updated look at deSPAC count and redemption rates. And the rest of the day’s news in SPACs.

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SPAC IPO for Aimfinity

SPAC IPO for Aimfinity

An IPO and another metaverse play. Elon buying TWTR is a good time for a DWAC and CFVI status check. And the rest of the day’s news in SPACs.

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Third Time’s a Charm for ESSC

Third Time’s a Charm for ESSC

ESSC announces DA with ICONIQ, its third after terminating with both JDS and Ufin Holdings. DUNE heads to court with its merger target. And the rest of the day’s news in SPACs.

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ALAC Breaks up with SolarMax

ALAC Breaks up with SolarMax

Adding to the wave of deal terminations, Alberton Acquisition Corp. (ALAC) intends to terminate its merger with SolarMax. And the rest of the day’s news in SPACs.

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Spotify Rival Deezer to Go Public via SPAC

Spotify Rival Deezer to Go Public via SPAC

Spotify rival Deezer is said to be in talks with I2PO, a SPAC backed by France’s Pinault family, controlling shareholder of Gucci-owner Kering. A $100M IPO for Southeast Asia-focused Aura FAT Projects Acquisition Corp. And the rest of the day’s news in SPACs.

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ARTA / Prenetics Sets Merger Vote

ARTA / Prenetics Sets Merger Vote

Vote date set for Hong-Kong based COVID-19 lab provider Prenetics. A look at upcoming merger and extension votes. And the rest of the day’s news in SPACs. And the rest of the day’s news in SPACs.

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Gogoro Debuts in the Green

Gogoro Debuts in the Green

Gogoro (GGR) deSPACs in the green. Black Rifle Coffee Company (BRCC) takes a hit on warrant redemption. And the rest of the day’s news in SPACs.

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All Eyes on Swvl, Gogoro Gets  Approval.

All Eyes on Swvl, Gogoro Gets Approval.

Mass transit and shared mobility provider Swvl (SWVL) is the latest deSPAC. PPGH approved its merger with battery-swapping provider Gogoro. And extensions are a key theme as 3 SPACs buy themselves more time.

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SEC Debuts New SPAC Rules

SEC Debuts New SPAC Rules

The SEC debuts new proposed SPAC rules. Taiwanese EV battery swapping infrastructure player Gogoro gears up for merger approval, BREZ extends. And the day’s news in SPACs.

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Starry falls in trading debut

Starry falls in trading debut

STRY deSPACs, Only Fans gets even more eyeballs as it reportedly looks for a deal. Swvl /GMBT makes noise ahead of tomorrow’s merger vote. And the day’s news in SPACs.

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Sonder’s Francis Davidson on Re-Designing Hospitality and Merger with GMII

For the latest Know Who Drives Return episode, we sat down with Francis Davidson, the founder and CEO of Sonder, a hospitality company that leases and manages travel properties. Sonder is valued at nearly $2B and is going public through Gores Metropolous II. Francis, at just 29 years old, has been able to rapidly scale the company that he founded 8 years ago as a student at McGill University in Quebec. Will Sonder succeed in grabbing a larger share of the lodging space? Have a listen and read our full report on the Sonder deal.

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Amy Nauiokas on FinTech VC, SPACs, Diversity, and Anthemis Digital (ADAL)

Amy Nauiokas on FinTech VC, SPACs, Diversity, and Anthemis Digital (ADAL)

We were fortunate to sit down with Amy Nauiokas, the Co-Founder, Co-Chair, and Co-CIO of fintech investing platform Anthemis ($1.2B in AUM), who has been a leading fintech investor for nearly 15 years. Though she has a career that us regular folks might find astounding given she also runs a film and television production company, Archer Gray, which promotes story telling from diverse individuals.

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The SPAC Gamma Squeeze

A plain english guide to the SPAC Gamma Squeeze. How it works, examples, and why investors need to be very careful.

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SPAC Market Review – December 2021

SPAC Market Review – December 2021

2021 is drawing to a close and what a year it was for SPACs. In our December market update we take a look at the last month of the year and give our latest thoughts on the market, including: record IPO issuance and SPAC supply; aging SPACs and outlook for terminations; and the merger market including its financing evolution

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Greenbox POS Talking Blockchain and Stablecoin Coyni

Greenbox POS (GBOX), a fintech that utilizes block chain technology to create custom payment solutions co-founded by Ben Errez. The company up-listed to Nasdaq earlier this year, and its newly created stablecoin, Coyni, will be a separately publicly traded entity led by Paul Levine.

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SPAC Sponsor Spotlight: Live Oak Merchant Partners

Investment firm Live Oak Merchant Partners is one of the leading “serial” SPAC sponsors, with views of maintaining a long term presence in the asset class. Led by Rick Hendrix and Gary Wunderlich, Live Oak brings both extensive capital markets and advisory experience with an investment track record. 

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BM Technologies’ (BMTX) Luvleen Sidhu on Becoming a Bank and FinTech Evolution

BM Technologies (BMTX) is a digital, mobile-first FinTech that was born out of BankMobile and boasts ~2M accounts. BankMobile was originally founded by Luvleen Sidhu and developed at parent Customers Bank (CUBI), before ultimately separating and going public via SPAC Megalith Financial Acquisition in January 2021. BMTX recently announced a strategic merger with First Sound Bank and now has plans to become a FinTech bank.

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DWAC and Trump / TMTG Make SPACs Great Again

In this quick hit episode, David Drapkin talks to Matthew Tuttle from Tuttle Capital on the unprecedented action in DWAC as it breaks all SPAC and MEME records following its announcement to merge with Trump Media & Technology Group.

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Investing in SPACs for Yield with Jonathan Browne from Robinson Capital

Jonathan Browne from Robinson Capital joins Boardroom Alpha’s David Drapkin to talk about SPAC arbitrage. Robinson Capital’s SPAX ETF launched in June of 2021 and is an actively managed exchange-trade fund (ETF) that invests in Special Purpose Acquisition Companies (SPACs), also known as blank check companies. SPAX seeks to provide total return while minimizing downside risk.

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Kyle Bransfield and Ruben Minski on the Union Acquisition II / Procaps SPAC Deal

Boardroom Alpha’s David Drapkin welcomes Union Acquisition II CEO Kyle Bransfield and Procaps CEO Ruben Minski to the podcast. The deal goes to vote on September 22, 2021 and ex-redemption on September 17, so this will be one of shareholders’ last opportunities to hear from the team before deciding to redeem or go long alongside Kyle and Ruben.

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