Page 5 - Bridge Acquisition News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Howard Lorber and Steve Witkoff (Getty, iStock) Frequent business partners Howard Lorber and Steve Witkoff have a new project, but it’s not a condo or hotel. It’s a SPAC. The developers’ Ocean Drive Acquisition Corp. is looking to raise $250 million from investors to take a proptech startup public, according to a regulatory filing. In addition to Lorber and Witkoff, asset manager Monroe Capital is sponsoring the blank-check company. “Technology has become a strategic imperative as [real estate] owners seek ways to increase the efficiency of their assets,” the filing said. “Our man...

Experience Investment Corp (NASDAQ: EXPC). The company’s helicopters fly people in and out of U.S. city centers. The four key targets for Blade are short-distance flights of 60 to 100 miles, airport flights between New York airports, transporting human organs in the northeast U.S. and international joint ventures. The company had revenue of $33 million in 2019 with 10 scheduled flight routes. The company expects revenue to hit $402 million in 2024 with 28 expected flight routes. In 2025, the company plans to launch its eVTOL electric vertical takeoff and landing aircraft. Revenue for 2025 ...

Share: A leading pure-play provider of semiconductor and software solutions for automotive companies is going public via a special purpose acquisition company deal. The SPAC Deal: Indie Semiconductor is going public via the SPAC Thunder Bridge Acquisition II (NASDAQ: THBR). The deal values the company at an enterprise value of around $1 billion. Shares of the new company will trade as "INDI" on the Nasdaq. Shareholders of Thunder Bridge Acquisition II will own 23.8% of the new company. About Indie: Indie is helping automotive companies with autonomous connectivity, user experience and vehi...

A leading pure-play provider of semiconductor and software solutions for automotive companies is going public via a special purpose acquisition company deal. The SPAC Deal: Indie Semiconductor is going public via the SPAC Thunder Bridge Acquisition II (NASDAQ: THBR). The deal values the... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to: