Page 25 - Tech Acquisition News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation News Hits SPACs, Pershing Square Tontine Surges The 4% YoY CPI jump dominated market news and sent stocks and SPACs both sliding. Switchback's Bird deal flopped and Ackman boosted PSTH. Author: ** The two deals announced this morning were a mixed bag, though both are still trading at significant discounts to NAV, and certainly lacking punch:  - -  +2.17% to $9.89 It's very tough to announce a deal in such difficult market conditions, so perhaps we will see CENH trade above NAV as equity markets recover. On a really tough day overall for stocks following this morning's CPI prin...

SPACs Hit Hard on Merger Monday Four deals were announced, but performance was underwhelming. Given the overall market's bad day, it's no surprise 75% of pre-deal SPACs declined and now average $9.87. Author: ** Merger Monday returned with four new announced SPAC deals, but ultimately ended in a bit of a thud as all three SPAC stocks that announced this morning fell on the day. More broadly, 75% of Pre-Deal SPACs declined, closing at an average of $9.87. - - LIV Capital (LIVK) -0.1% to $9.99 The deal selloffs came amid a broader market decline as well - so it's tough to attribute the lack...

What's Next for SPACs With prices, mood, interest, IPO valuation, and deal valuations all coming down, SPAC investors are asking what comes next. Author: ** SPACs joined Tuesday's tech selloff with the average price of a pre-deal SPAC hitting $9.90 -- that's 10 cents below NAV. It's ironic that in a SPAC market that is much more rational (and tradable) than during peak SPAC earlier this year investors have lost much of their enthusiasm.  Volume across the board has gone down for SPACs with an average daily volume dropping from 580,000 in February dropping to 104,000 in April. In some ways t...

Warren Buffett Piles on SPACs and CF Finance Lowers Deal Valuation It was a bad day for SPACs as Warren Buffett piled on SPACs; CF Finance lowered their deal valuation with AEye; and today's MAAC deal had no pop. Author: May 3, 2021 ** Stocks were mixed on Monday, the S&P500 was up / NASDAQ down, though this morning's SPAC M&A deal (MAAC) once again underperformed. MAAC closed up just 0.9% and below NAV at $9.95 -- marking yet another disappointing day-1 pop for newly announced SPAC M&A.  Warren Buffett and Charlie Munger held Berkshire Hathaway's much watched virtual annual meeting over t...

DGAP-Ad-hoc: Obotech Acquisition SE / Key word(s): IPO Obotech Acquisition SE launches bookbuilding for up to EUR 200 million private placement and listing on Frankfurt Stock Exchange 29-Apr-2021