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SPACs End Week on a High (Kind of)


SPACs End Week on a High (Kind of)
The SPAC market is still stuck in a kind of stasis with most SPACs meaningfully below NAV, or for a rare few with deals fighting to stay above, but at least it didn t get worse today.
Author:

Investors saw the broader market rebound from a dismal few days with the S&P up 1.49% and the NASDAQ up 2.32% and even SPACs showed some lift. That said, the average pre-deal SPAC is still trading at $9.83 well below NAV.
Yesterday we pointed out that the pitchforks are out for Chamath and SPACs and today will have been a nice, if minor, respite for both.  ....

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Blank check firm Big Sky Growth Partners files for U.S. IPO


By Reuters Staff
1 Min Read
(Reuters) - Blank-check firm Big Sky Growth Partners Inc on Friday filed for an initial public offering of up to $300 million on the Nasdaq, it said in a regulatory filing.
The company is co-founded by Mark Vadon, former chairman of online pet products retailer Chewy Inc, who is currently the chief executive officer of Big Sky Growth.
Special purpose acquisition companies, or SPACs, are shell companies that raise money in an IPO to pursue an acquisition at a later date. They serve as an alternative to a traditional IPO for companies looking to enter public markets. ....

Mark Vadon , Shounak Dasgupta , Jayanti Bera , Thomson Reuters Trust Principles , Big Sky Growth Partners Inc On , Chewy Inc , Big Sky Growth Partners Inc , Big Sky , Thomson Reuters Trust , ஷ்ௌுனாக் தாஸ்குப்தா , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , பெரியது வானம் வளர்ச்சி கூட்டாளர்கள் இன்க் ஆன் , மெல்லும் இன்க் , பெரியது வானம் வளர்ச்சி கூட்டாளர்கள் இன்க் , பெரியது வானம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,