Bespoke Capital Acquisition Corp Business Securities Merger/Acquisition Registration S-4 sec.report - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sec.report Daily Mail and Mail on Sunday newspapers.
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9 Feb, 2021 Author Rebecca IsjwaraXiuxi ZhuFrancis Garrido
Southeast Asia, where the technology startup scene thrives on economic growth and a chronic need to boost financial inclusion, is fertile ground for acquisitions for listed blank-check companies in 2021, analysts say.
Special purpose acquisition companies, which are skeleton organizations that launch with the intention of buying and reverse merging with a private company, have become popular alternatives to traditional IPOs to take companies public. SPACs from around the world are mostly listed in stock exchanges in the U.S., where the listing rules require them to acquire private assets from any country within two years after debut. A surge of newly listed SPACs in 2020 suggests that more companies are on the hunt for deals before their two-year deadline is up.
26 Capital Acquisition Corp. Announces Closing of Upsized $275,000,000 Initial Public Offering
26 Capital Acquisition Corp. Announces Closing of Upsized $275,000,000 Initial Public Offering
Miami, FL, Jan. 20, 2021 26 Capital Acquisition Corp. (NASDAQ: ADERU) (the “Company”) announced today that it closed its upsized initial public offering of 27,500,000 units at $10.00 per unit, including 3,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $275,000,000.
The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “ADERU” on January 15, 2021. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole wa
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I love looking at the story behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names.
Could this be the year that legal cannabis becomes a reality nationwide? It certainly could be. After the Democrats took the White House and both houses of Congress, many expect some rollback of cannabis prohibition in the new administration.
Once cannabis becomes legal, how will competitors differentiate themselves? State regulations and limited licenses have afforded some early movers a protected position in certain states, but if and when prohibition ends, the competitive fervor may intensify.
Jason Ader launches new SPAC targeting gaming acquisitions igamingbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igamingbusiness.com Daily Mail and Mail on Sunday newspapers.