Page 3 - True Wind News Today

SPAC Boom or Bust? SPAC true believers say the boom is about to begin, but the media says its over and the bubble has burst. Which is it? Author: Apr 23, 2021 After another day of SPAC red, there are now over 300 SPACs that have common shares trading under $10. This is the real test now for SPAC investors. Believers will see this as the ultimate opportunity to prepare for a SPAC boom and drive hard on the yield + optionality play that SPACs offer. But, for those less confident in the SPAC narr...

The startup booked $30.4 million in sales from services this March, up 67% from the same month last year, Insider has learned. The last week of March alone had "significantly more new bookings" than any week in 2020, the company said. Rover has plans to go public through a merger with Nebula Caravel Acquisition Corp., a special purpose acquisition company, or SPAC , backed by True Wind Capital. The deal values Rover at $1.35 billion, and co...

(PRNewsfoto/True Wind Capital) SEATTLE, Feb. 11, 2021 /PRNewswire/ -- A Place for Rover, Inc. ("Rover") the worlds largest network of five-star pet sitters and dog walkers, has entered into a definitive business combination agreement with Nebula Caravel Acquisition Corp. (Nasdaq:  NEBC) ("Caravel"). Caravel is a publicly traded special purpose acquisition company sponsored by True Wind Capital. Upon closing of the transaction, Caravel will be renamed Rover Group and remain Nasdaq-listed under...

Sysnet raises $65m in debt funding and clinches another acquisition The Irish business has acquired its third company in the last month and raised further funding from backers. Sysnet, a Dublin-based payments security company, has raised $65m in debt funding as it rolls on with its latest acquisition. The company has acquired NuArx, a US-based firm providing security solutions for payments technology. It marks the Irish company’s third acquisition in recent weeks, after it scooped up Viking ...

REUTERS/Lucas Jackson This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Special-purpose acquisition companies — aka "blank-check" companies — are having a moment on Wall Street. The investment vehicles raised more than $80 billion in 2020, more than five-times last years total of $14 billion. SPACs have recently attracted bold-faced names such as hedge-fund titan Bill Ackman,...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Nebula Caravel Acquisition Corp. Completes $275,000,000 Initial Public Offering December 11, 2020 GMT SAN FRANCISCO, Dec. 11, 2020 /PRNewswire/ -- Nebula Caravel Acquisition Corp. (Nasdaq: NEBCU) (the “Company”) today announced the closing of its initial public offering of 27,500,000 units, which includes 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotm...