Acqsn News Today

Brooklyn Nets star Kevin Durant has become the latest celebrity to endorse a blank-check firm after his Infinite Acquisition Corp filed for an initial public offering of up to $200 million on Wednesday.

(Corrects paragraph 9 to say Credit Suisse, not RedBall, is serving as a financial adviser)

Colombian softgel maker Procaps S.A.S. is in talks to go public on Nasdaq through a merger with U.S. blank-check company Union Acquisition Corp II in a deal which would value it at more than $1 billion, people familiar with the matter said on Monday.

2 Min Read (Reuters) - Li-Cycle Corp, a recycler of lithium-ion batteries, is nearing a deal to go public through a merger with blank-check acquisition company Peridot Acquisition Corp at a valuation of about $1.7 billion, according to people familiar with the matter. The deal could be announced as early as Tuesday, the sources said, requesting anonymity ahead of an official announcement. It represents a bet on the growing market for recycling used batteries, as well on the rising demand for li...

Space transportation startup Rocket Lab USA Inc on Monday agreed to go public through a merger with a blank-check firm backed by private equity firm Vector Capital, in a deal that values the combined entity at an enterprise value of $4.1 billion.

Billionaire William "Beau" Wrigley Jr is taking cannabis producer Parallel public, in a merger due to complete this summer with Canadian-listed Ceres Acquisition Corp that values the Atlanta, Georgia-based firm at $1.88 billion.

By Reuters Staff 2 Min Read (Reuters) - Xos Inc, an electric commercial vehicle maker, on Monday agreed to go public through a merger with blank-check firm NextGen Acquisition Corp, in a deal valuing the combined entity at $2 billion. The deal will provide Xos with $575 million in gross proceeds, including a $220 million private investment led by Janus Henderson Investors and a consortium of truck dealers led by Thompson Truck Centers. Reuters reported earlier this month that Xos was nearing a ...

Chemicals technology company Origin Materials said on Wednesday it has agreed to go public through a merger with blank-check firm Artius Acquisition Inc, in a deal which values the equity of the combined entity at $1.8 billion.

Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion.

By Reuters Staff 2 Min Read (Reuters) - Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion. The deal includes a $130 million private investment anchored by Fidelity Management & Research LLC, Neuberger Berman Funds and funds affiliated with PIMCO and OrbiMed, among others, the companies said on Tuesday. Sand...