(LTCH) - William Blair Initiates Coverage On Latch With Outperform Rating benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Last week featured six announced SPAC deals and featured earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for .
Following today s successful TSIA and JIH votes, GIX and DHFT are set to vote on their mergers tomorrow. Alkuri Acquisition is taking Babylon Health public.
Chamath Files 4 New Biotech SPACs
Today s SPAC highlight came post market as Chamath dropped four new SPAC S-1s for $800M total. JWS vote passes, with TSIA and JIH set to vote tomorrow.
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In another win on Day-1 of new De-SPAC ticker trading,
BARK, which just closed its merger with Northern Star Acquisition Co. (STIC) rose nearly 7%. One more example of a recent De-SPAC that has traded up shortly after, following SOFI early this week and others last month. Investors will be sure to watch this price action for future De-SPACs, and, with over 20 this month there are plenty to keep an eye out for (list below).
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NEW YORK, June 3, 2021 /PRNewswire/ TS Innovation Acquisitions Corp. (NASDAQ: TSIA), a special purpose acquisition company sponsored by an affiliate of leading global real estate developer, owner and investor Tishman Speyer, announced today that its stockholders have approved its business combination with Latch, Inc. (Latch), maker of the full-building enterprise software-as-a-service (SaaS) platform LatchOS.
At a special meeting of TSIA stockholders held today, approximately 98% of the votes cast, representing approximately 69% of TSIA s outstanding shares, approved the proposed business combination with Latch.
Following an anticipated closing on June 4, 2021, the combined company s common stock and warrants will be listed on the Nasdaq Global Select Market and will begin trading under the ticker symbols LTCH and LTCHW , respectively, on June 7, 2021. Latch expects to receive $453 million in cash, net of fees and expenses to be funded