Social Platform Uplive Said to Be Exploring SPAC

by | May 25, 2022

DA for Legato and Southland Holdings. And the rest of the day’s news in SPACs.

————————————————-
Free Investor Resources from Boardroom Alpha
—————————————————-
** Podcast: Know Who Drives Return
** Daily SPAC Newsletter
** Full SPAC Listing

Social Platform Uplive in SPAC Discussions

Asia Innovations Group, a startup that operates social platform Uplive, is said to be in discussions to go public through a deal with E. Merge Technology Acquisition (ETAC).The transaction is said to value the combined company at $2 billion. 2021 revenue was ~$300 million.

SPAC Deal: Legato Merger Corp. II + Southland Holdings

Legato Merger Corp. II (LGTO) announces DA with Southland Holdings. Southland Holdings provides specialized infrastructure construction services across North America including bridges, tunneling, transportation and facilities, marine, hydroelectric structures, water and sewer treatment, and water pipeline end markets.The transaction values the company at an enterprise value of $810M. No PIPE. Slide deck here.

Approved: APSG / American Express Global Business Travel

Apollo Strategic Growth Capital (APSG) approved its merger with American Express Global Business Travel. Expected close 5/27. No redemptions mentioned in the filing.

Elsewhere in SPACs

Source: Boardroom Alpha

Today’s Movers

Biggest Gainers

5.11% ~ $ 10.50 | UPTD – TradeUP Acquisition Corp (Pre-Deal)
4.34% ~ $ 7.94 | APSG – Apollo Strategic Growth Capital (Announced)
1.12% ~ $ 9.90 | RJAC – Jackson Acquisition Co (Pre-Deal)
.82% ~ $ 9.89 | WWAC – Worldwide Webb Acquisition Corp. (Pre-Deal)
.79% ~ $ 10.18 | REVE – Alpine Acquisition Corp. (Announced)
.72% ~ $ 9.84 | POND – Angel Pond Holdings Corp (Announced)
.71% ~ $ 9.97 | CNDB – Concord Acquisition Corp III (Pre-Deal)
.71% ~ $ 9.99 | FRBN – Forbion European Acquisition Corp. (Pre-Deal)
.70% ~ $ 10.07 | TACA – Trepont Acquisition Corp I (Pre-Deal)
.62% ~ $ 9.80 | REVH – Revolution Healthcare Acquisition Corp. (Pre-Deal)
.62% ~ $ 9.81 | RKTA – Rocket Internet Growth Opportunities Corp. (Pre-Deal)
.61% ~ $ 9.83 | APGB – Apollo Strategic Growth Capital II (Pre-Deal)
.61% ~ $ 9.89 | STET – ST Energy Transition I Ltd. (Pre-Deal)
.60% ~ $ 45.14 | DWAC – Digital World Acquisition Corp. (Announced)
.60% ~ $ 10.10 | OCAX – OCA Acquisition Corp (Pre-Deal)
.59% ~ $ 10.24 | GGPI – Gores Guggenheim, Inc (Announced)
.54% ~ $ 9.67 | TRTL – TortoiseEcofin Acquisition Corp. III (Pre-Deal)
.51% ~ $ 9.92 | CHWA – CHW Acquisition Corp (Announced)
.42% ~ $ 9.95 | WINV – WinVest Acquisition Corp. (Pre-Deal)
.41% ~ $ 9.76 | HWKZ – Hawks Acquisition Corp (Pre-Deal)

Biggest Losers

-1.40% ~ $ 9.92 | HYAC – Haymaker Acquisition Corp. III (Announced)
-1.00% ~ $ 9.86 | AHRN – Ahren Acquisition Corp. (Pre-Deal)
-.82% ~ $ 9.70 | BRIV – B. Riley Principal 250 Merger Corp. (Pre-Deal)
-.81% ~ $ 9.82 | GIAC – Gesher I Acquisition Corp. (Pre-Deal)
-.60% ~ $ 9.95 | LVAC – LAVA Medtech Acquisition Corp. (Pre-Deal)
-.58% ~ $ 10.31 | KWAC – Kingswood Acquisition Corp (Pre-Deal)
-.56% ~ $ 9.75 | TETC – Tech and Energy Transition Corporation (Pre-Deal)
-.52% ~ $ 9.62 | WAVC – Waverley Capital Acquisition Corp. 1 (Pre-Deal)
-.51% ~ $ 9.80 | GAQ – Generation Asia I Acquisition Ltd (Pre-Deal)
-.51% ~ $ 9.84 | CIIG – CIIG Capital Partners II, Inc. (Pre-Deal)
-.50% ~ $ 9.90 | LAAA – Lakeshore Acquisition I Corp. (Announced)
-.50% ~ $ 9.94 | CPAQ – Counter Press Acquisition Corp (Pre-Deal)
-.41% ~ $ 9.62 | CNDA – Concord Acquisition Corp II (Pre-Deal)
-.41% ~ $ 9.76 | CRZN – Corazon Capital V838 Monoceros Corp (Pre-Deal)
-.41% ~ $ 9.77 | LCAA – L Catterton Asia Acquisition Corp (Pre-Deal)
-.41% ~ $ 9.78 | ZWRK – Z-Work Acquisition Corp. (Pre-Deal)
-.40% ~ $ 9.93 | ROC – ROC Energy Acquisition Corp. (Pre-Deal)
-.40% ~ $ 9.98 | PLAO – Patria Acquisition Corp. (Pre-Deal)
-.40% ~ $ 10.02 | JMAC – Maxpro Capital Acquisition Corp. (Pre-Deal)
-.35% ~ $ 9.97 | ARTE – Artemis Strategic Investment Corporation (Announced)

SPAC Podcast: Pet Care in a Post-Pandemic World

Our latest podcast is an up-close look at pet service provider Wag Labs, which has a combination pending with SPAC CHW Acquisition Corp.(CHWA).

Wag! Sponsor CHWA: Market Snapshot

Source: Boardroom Alpha

Wag! CEO Garrett Smallwood explains why pet care is an area of consumer spending that could be a pocket of strength coming out of the pandemic. Also read our overview here.

More from Boardroom Alpha

For ongoing tracking, analytics, and data on SPACs checkout Boardroom Alpha’s SPAC Data and Analytics service.

<a href="https://www.boardroomalpha.com/author/joanna/" target="_self">Joanna Makris</a>

Joanna Makris

Joanna has been analyzing and investing in emerging technologies for over two decades, having led the Technology, Media, and Telecom research at several global investment banks, including Mizuho Securities and Canaccord Genuity. Navigating stock market volatility since it all began in 2000. Banjo player, artist, and frittata-maker.

Know Who Drives Return

Objective, data-driven assessments for every public company director and officer.

Learn More

SPAC Analytics & Database

Comprehensive research and analytics on every SPAC, sponsor, and deal. Real-time alerts, yields, red flags, filings, investors, and much more. API access to institutional grade SPAC database.

Learn More

Monthly SPAC Review

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

SPAC Research & Analysis

SPAC Daily: Return of the IPO

Aug 5, 2022

Return of the SPAC IPOs after a hiatus, August new deals are off to a hot start, and the rest of the day’s news in SPACs.

Know Who Drives Return Podcast

Investing in SPACs for Yield with Jonathan Browne from Robinson Capital

Oct 4, 2021

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.

SPACs, FOMO, and Tail Risk – Matthew Tuttle Captures the Momentum

Sep 24, 2021

Matthew Tuttle from Tuttle Capital joins David Drapkin to talk about SPACs, FOMO, and tail risk. Tuttle Capital’s thematic and actively managed ETFs are taking advantage of the SPAC craze, everybody’s FOMO (fear of missing out), and protecting the downside tail risk.

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

Sep 16, 2021

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.

Sarcos CEO Ben Wolff on Robotics and SPACs

Sep 9, 2021

Ben Wolff, CEO of Sarcos, talks to Boardroom Alpha’s David Drapkin about robots, SPACs, and why investors should be looking at Sarcos as an opportunity to invest.

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. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.