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De-SPACs Aren't as Bad as You Think


De-SPACs Aren t as Bad as You Think
SPACs and De-SPACs continue to get a bad rap as media points to % off all-time highs. Investors who look deeper will see opportunity as most are providing positive returns since IPO.
Author:
The Media Paints a Bleaker Picture than Reality
Axios put out a bit today discussing how EV stocks have lost their luster. Yes, it s true, that SPAC EV stocks are down demonstrably from their ridiculous highs. SPACs were frothy, and the highs that these companies hit were a product of a combination of Peak SPAC and EV euphoria, and not necessarily rational market behavior. ....

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SPACs Close Down Again on a Sleepy Friday


SPACs Close Down Again on a Sleepy Friday
SPACs closed down on the day again, with the average pre-deal SPAC trading at $9.80. No new deals today, with just 4 announced on the week.
Author:

It s definitely been a sad May for SPACS with little good news to get investors excited. That being said, we continue to reiterate our view that the slowdown is positive for the longterm health of the broader SPAC market. 
Little activity today with no new mergers getting announced, and just one new IPO traded with
Graf Acquisition Corp. closing down 0.7%. SPACs slid lower, once again, and the average pre-deal SPAC is now trading at $9.80 a steep discount to NAV.  ....

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Northern Star Acquisition Corp. Announces Effectiveness of Registration Statement; Annual Meeting Date Set for May 28, 2021 to Approve Proposed Merger with BARK


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NEW YORK, May 11, 2021 /PRNewswire/ Northern Star Acquisition Corp. ( Northern Star ) (NYSE: STIC), a publicly traded special purpose acquisition company, today announced that its Annual Meeting of Stockholders (the Annual Meeting ) to consider the previously announced merger agreement with Barkbox, Inc. ( BARK or the Company ), a leading global omni-channel brand for dogs, has been set for May 28, 2021. Stockholders of record as of April 5, 2021 (the Record Date ) are eligible to vote at the Annual Meeting.
Northern Star also announced that the U.S. Securities and Exchange Commission has declared effective its registration statement on Form S-4 (as amended, the Registration Statement ), which includes a definitive proxy statement/prospectus to be used in connection with the Annual Meeting. The Registration Statement is available on BARK s investor website at investors.bark.co and www.sec.gov, and is being mailed to stockho ....

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