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(AMTI), (ASTS) - The Past Week s Notable Insider Buys Included Biotechs, Public Offerings, A SPAC And More

(AMTI), (ASTS) - The Past Week s Notable Insider Buys Included Biotechs, Public Offerings, A SPAC And More
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.

SPAC Weekly Wrap: Signs of Life in SPAC Land

SPAC Weekly Wrap: Signs of Life in SPAC Land The SPAC market has stabilized a bit as things almost got back to normal this week. Several M&A deals were announced with some (RICE, MUDS) performing quite well. Pre-IPO activity remained light though and two were downsized. Author: Apr 9, 2021 A bit of return to normalcy this week as it feels like the low point of the SPAC market is behind us. New issues actually traded up (unlike the tail end of March) and several deals were met with investor enthusiasm. Highlights include: Rice Acquisition RICE soaring day-1 +52% on its announcement of Aria/Archaea

SPAC Wrap: RICE stock takes off, TWCT is muted on Deal Announcements IPOs Take a Rest Day

SPAC Wrap: RICE stock takes off, TWCT is muted on Deal Announcements. IPOs Take a Rest Day RICE surged over 50% on its Renewable Gas M&A deal, while True Wind Capital s deal with Cellebrite was greeted with a much more muted reaction from the market Author: Apr 8, 2021 While M&A pops had returned a bit, it s been awhile since we ve seen a massive rally on a SPAC name after announcing an M&A deal, which is exactly what happened today with Rice Acquisition Corp (RICE) up 52%. Rice is  combining Aria Energy and Archaea Energy and taking them public in a $1.15 billion merger. That will make the combined company into a leading renewable natural gas platform.

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