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With the SoFi vote in the rearview focus turns to execution, and will IPOD/IPOF find deals soon? Today's mergers, PACX and LWAC, rose slightly.

All Eyes on SPACs and Congress, RIDE Plummets After Hours No new SPAC mergers, IPOs or S-1s on Monday as equity markets rose, though SPACs generally stayed flat-ish to down. Lordstown Motors is falling big after hours. Author: ** On a day that there were no new SPAC merger announcements, IPOs or new S-1s there was, however, a hearing in the House targeting the future of SPACs. In short, it could result in new legislation that takes away one of SPAC's perceived advantages over the traditional IPO: safe harbor protections for forward looking statements which could limit SPAC targets' freedom to...

SPAC Morning: PTK and Legato Strike Deals. Lordstown Continues Dive Two SPAC deals and an IPO to kick off Tuesday. Lordstown Motors continues to fall. Author: PTK Acquisition Corp (PTK) is merging with Valens Semiconductor in a deal valued at $894M, supported by a $125M PIPE Legato Merger Corp (LEGO) struck a deal with Algoma Steel valued at $1.7B EV and supported by a $100M PIPE  In Other SPAC News: Lordstown Motors (RIDE) continues to trade demonstrably lower following its earnings call yesterday in which the company slashed production expectations and noted a need for a capital raise. ...

Two Big SPAC Deals (SRNG, AURC) After Monday's Mess Monday was a painful day for SPAC investors with 75% of pre-deal SPACs dropping farther and 3 deals actually dropping on the news. Will today's deals from SRNG and AURC turn the tide? Author: ** At the close yesterday the average pre-deal SPAC was at $9.87 -- even further from NAV than investors have seen in a long time. Even worse, the three morning deals all closed lower: - - LIV Capital (LIVK) -0.1% to $9.99 Today's two deal announcements are mega deals and could potentially turn the tide, but given the market's overall state and SPACs ...

SPAC Deals and IPOE/SoFi Momentum 3 deals on Friday to close out the week, and IPOE surged into the weekend. Author:    10% to close on the news. It may be the positive endorsement (or short squeeze?) that could spark the market needed for SPAC M&A confidence. Especially since the market didn't exactly eat up the IPOF/Equinox rumor earlier this week. IPOE closed at $16.50. IPOE, backed by Chamath Palihapitiya, is one of the more high profile SPAC mergers out there. The other media favorite, CCIV, climbed 2% today. Look out for a Lucid Motors appearance on SNL this weekend when Elon Musk is...