As big-name SPACs heat up in U.S., Canada s workhorse deals wane
Kevin Orland and Michael Bellusci, Bloomberg News There s a new force in the market : Accelerate CEO on investor appetite beyond traditional assets VIDEO SIGN OUT
At a time when one big-name U.S. financier after another is starting a blank-check firm to hunt for deals, Canadian investors are forming fewer and fewer of the vehicles.
The number of special purpose acquisition companies going public in Canada has fallen for two straight years, to just 25 last year, less than a third of the 91 SPACs formed in 2018, according to data compiled by Bloomberg. In that same span, the number of U.S. SPACs exploded almost fivefold to 230 last year.
Veteran mining banker Egizio Bianchini to lead Stifel Financial team theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Canaccord Genuity Group Inc. (TSX: CF) is scheduled to release its third quarter results and supplementary financial information on Wednesday,.
Diagnos, Aphria, Amerigo at 52-Week Highs on News Diagnos Inc. (V.ADK),hit a new 52-week high of 72 cents on Thursday. Diagnos announced the opening of five screening clinics at various locations of Magrabi Hospital & Centers, located in Riyadh, with the help of its Saudi business partner, Kanhoor Medical Co.
Aphria Inc. (T.APHA) hit a new 52-week high of $14.89 on Thursday. Aphria reported its financial results for the second quarter and six months ended November 30, 2020. The company eeports net revenue of $160.5 million, an increase of 33% from the prior-year quarter. Adjusted EBITDA of $12.6 million marks seventh consecutive positive quarter.
Amerigo Resources Ltd. (T.ARG) hit a new 52-week high of 90 cents on Thursday. Amerigo announced 2020 production results from Minera Valle Central, the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 56.2 million pounds of copper at a cash cost of $1.76 per pound and 1.4 M lbs of molybdenum.
Orca, Routemaster, Salazar at 52-Week Highs on News marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.