Stay updated with breaking news from Acqsn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Billionaire William "Beau" Wrigley Jr is taking cannabis producer Parallel public, in a merger due to complete this summer with Canadian-listed Ceres Acquisition Corp that values the Atlanta, Georgia-based firm at $1.88 billion.
By Reuters Staff 2 Min Read (Reuters) - Xos Inc, an electric commercial vehicle maker, on Monday agreed to go public through a merger with blank-check firm NextGen Acquisition Corp, in a deal valuing the combined entity at $2 billion. The deal will provide Xos with $575 million in gross proceeds, including a $220 million private investment led by Janus Henderson Investors and a consortium of truck dealers led by Thompson Truck Centers. Reuters reported earlier this month that Xos was nearing a deal to go public with NextGen. Xos would be the latest company developing an electric truck to go p...
Chemicals technology company Origin Materials said on Wednesday it has agreed to go public through a merger with blank-check firm Artius Acquisition Inc, in a deal which values the equity of the combined entity at $1.8 billion.
Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion.
By Reuters Staff 2 Min Read (Reuters) - Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion. The deal includes a $130 million private investment anchored by Fidelity Management & Research LLC, Neuberger Berman Funds and funds affiliated with PIMCO and OrbiMed, among others, the companies said on Tuesday. Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC), raised $200 million th...