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All Eyes on SPACs and Congress, RIDE Plummets After Hours


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 paint rosy financial projections to prospective investors.  ....

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BRPA Stock Price, Big Rock Partners Stock Quotes and News


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Big Rock Partners Acquisition Corp is a United States-based blank check company. It is formed for the purpose of acquiring, through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization, or other similar business transaction, one or more operating businesses that it has not identified. The company focuses on the senior housing and healthcare industry in the United States.
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United States , Big Rock Partners Acquisition Corp , United States Based , ஒன்றுபட்டது மாநிலங்களில் , பெரியது பாறை கூட்டாளர்கள் கையகப்படுத்தல் கார்ப் , ஒன்றுபட்டது மாநிலங்களில் அடிப்படையிலானது ,

SPAC Morning: PTK and Legato Strike Deals. Lordstown Continues Dive


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. 
Fifth Wall Acquisition III (FWAC) priced its $250M IPO, no warrants. The SPAC will be targeting Real Estate / PropTech. ....

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