D8 Holdings Corp. (NYSE: DEH)
concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Vicarious Surgical Inc.
If you are a D8 Holdings shareholder,
.
Halper Sadeh LLP is investigating whether these companies and their boards of directors acted to: (i) maximize shareholder value; (ii) conduct a fair sales process; and (iii) disclose all material information to shareholders in connection with the merger.
Shareholders are encouraged to contact the firm
free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].
Apr 28, 2021
Hope for positive deal flow and pops fizzled a bit today as both new SPAC deal announcements received disappointing reactions from the market.
Marquee Raine Acquisition Corp (MRAC) fell -0.3% to $9.89 and
Galileo Acquisition Corp (GLEO) fell -0.5% to $10.02. This continues yesterday s theme of underwhelming deal announcement enthusiasm.
It could still be the case of a back and forth broader stock market, fed speak, and investor attention focused on a deluge of corporate earnings. However, if I m a SPAC waiting to announce a deal based on market conditions then today s results don t instill confidence to move ahead.
Here s a look at how other recently announced SPAC deals ended the day:
April 27, 2021, 10:26 am ·
Super Group, the holding company for online sports betting and gaming operator Betway, is set to merge with special purpose acquisition company Sports Entertainment Acquisition Corp. (SEAH) to go public on the New York Stock Exchange.
This is the latest SPAC tie-up announced over the past year within the gambling industry as companies seek better foothold in the fast-expanding US sports betting field.
As mentioned above, Super Group is parent to Betway, a major player in Europe’s digital wagering space, but it also owns Spin, a multi-brand online casino specialist. The group is licensed in 23 territories across Europe, Africa, and the Americas.
SPACs Continue to Shine as Super Group Holding Co. Prepares to Go Public
2021-04-27 00:00:00
Brendan Fagan,
SPAC DEAL TALKING POINTS
The SPAC will trade on the New York Stock Exchange under the ticker symbol SGHC
The merger comes as high retail interest in SPACs fades, along with SPAC performance post-IPO
Super Group Holding Co. is set to list on the New York Stock Exchange following a merger with Sports Entertainment Acquisition Corp. (NYSE:SEAH), according to a statement released on Monday. Trading under the symbol SGHC, Super Group looks set to capitalize on frothy market conditions and high retail interest in SPACs. The recent retail mania, which is showing signs of dissipating, has thrust SPACs back into the limelight. To read more about the recent retail craze, please click here.