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WFF Global: What Is Going On In the SPAC Market? | Cadwalader, Wickersham & Taft LLP

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This week, Women in Fund Finance Global hosted a two-day virtual event covering all aspects of SPACs.
Day One covered “What Is Going On in the SPAC Market?
” The panelists included Nichole Burnap, a portfolio manager in charge of the SPAC portfolio at Teachers Retirement System of Texas; Amit Chandra, a managing director and head of Natural Resources & Sustainable Impact Equity Capital Markets at Barclays; Carol Lowe, an independent director at TCW Special Purpose Acquisition Corp.; Brett Northart, a member of the management team at Kernel Group Holdings, Inc.; and Thomas Amburgey, a director at First Reserve and CFO of a recent SPAC. The panel was moderated by Marshall Shaffer, a partner at Kirkland & Ellis. ....

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SPACs News | Live Feed & Top Stories

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Kernel Group Holdings, Inc. Announces Pricing of Upsized $265 Million Initial Public Offering

Kernel Group Holdings, Inc. Announces Pricing of Upsized $265 Million Initial Public Offering
February 02, 2021 22:22 ET
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Kernel Group Holdings, Inc.
Kernel Group Holdings, Inc.
SAN FRANCISCO, Feb. 02, 2021 (GLOBE NEWSWIRE) Kernel Group Holdings, Inc. (the “Company”) today announced the pricing of its upsized initial public offering of 26,500,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “KRNLU” beginning on February 3, 2021. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “KRNL” and “KRNLW,” respect ....

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