Ltd Pre News Today

Formwork are the temporary or permanent molds in which concrete and other materials are poured.

Still no new SPAC deals announced in 2022 while SPACs (and deSPACs) bounced back alongside the market. DCRN shareholders vote tomorrow on their deal with Tritium. MCMJ was stung by ex-redemption.

SPACs had a bad start to 2022 with no new deals announced, 4 more (unwanted?) SPACs hitting the market, and deSPACs getting pounded while the market shifted from growth.

No primary market activity for SPACs, which remain below NAV on average. Ackman returns with Friday SPARC filing for Pershing Square.

With so many SPACs fitting the mold of technology companies sensitive to interest rates it was no surprise they fell alongside the broader tech sell-off.

With the SoFi vote in the rearview focus turns to execution, and will IPOD/IPOF find deals soon? Todays mergers, PACX and LWAC, rose slightly.

All Eyes on SPACs and Congress, RIDE Plummets After Hours No new SPAC mergers, IPOs or S-1s on Monday as equity markets rose, though SPACs generally stayed flat-ish to down. Lordstown Motors is falling big after hours. Author: ** On a day that there were no new SPAC merger announcements, IPOs or new S-1s there was, however, a hearing in the House targeting the future of SPACs. In short, it could result in new legislation that takes away one of SPACs perceived advantages over the traditional IPO...

SPAC Morning: PTK and Legato Strike Deals. Lordstown Continues Dive Two SPAC deals and an IPO to kick off Tuesday. Lordstown Motors continues to fall. Author: PTK Acquisition Corp (PTK) is merging with Valens Semiconductor in a deal valued at $894M, supported by a $125M PIPE Legato Merger Corp (LEGO) struck a deal with Algoma Steel valued at $1.7B EV and supported by a $100M PIPE  In Other SPAC News: Lordstown Motors (RIDE) continues to trade demonstrably lower following its earnings call ye...

Two Big SPAC Deals (SRNG, AURC) After Mondays Mess Monday was a painful day for SPAC investors with 75% of pre-deal SPACs dropping farther and 3 deals actually dropping on the news. Will todays deals from SRNG and AURC turn the tide? Author: ** At the close yesterday the average pre-deal SPAC was at $9.87 -- even further from NAV than investors have seen in a long time. Even worse, the three morning deals all closed lower: - - LIV Capital (LIVK) -0.1% to $9.99 Todays two deal announcements ar...

SPAC Deals and IPOE/SoFi Momentum 3 deals on Friday to close out the week, and IPOE surged into the weekend. Author:    10% to close on the news. It may be the positive endorsement (or short squeeze?) that could spark the market needed for SPAC M&A confidence. Especially since the market didnt exactly eat up the IPOF/Equinox rumor earlier this week. IPOE closed at $16.50. IPOE, backed by Chamath Palihapitiya, is one of the more high profile SPAC mergers out there. The other media favorite, C...