KnightSwan Acquisition Corp. (KNSW.U) Prices $200M IPO
by Marlena Haddad on 2022-01-20 at 7:18pm

KnightSwan Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “KNSW.U” Friday, January 21.

The new SPAC intends to identify businesses at the leading edge of technological innovation in three key sectors: cloud, cybersecurity, and mission intelligence. KnightSwan is led by Non-Executive Chair of the Board of Directors Teresa Carlson, CEO Brandee Daly, and CFO Matthew McElroy.

Total SPAC deal count for 2022 year-to-date is now 20. This offering is expected to close on Tuesday, January 25.


RBC Capital Markets is acting as the sole book-running manager for the offering. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2024-06-27 at 11:57am

AA Mission (NASDAQ:AAMU) has filed to be underwriter Clear Street’s second SPAC IPO, this time shooting for double the raise with $300 million before over-allotments. The vehicle becomes the first SPAC to be filed with an overfunded trust in two months. It will have $10.05 per unit in trust from the start, which may have...

by Nicholas Alan Clayton on 2024-06-27 at 8:16am

At the SPAC of Dawn May and June have seen a resurgence in new SPAC issuance, but activity on the back end of SPAC processes had been lagging with few deal closings or fresh definitive agreements announced. But, the past two weeks has seen six deals announced and three more closed. This picks up the...

by Nicholas Alan Clayton on 2024-06-26 at 4:11pm

Goldenstone (NASDAQ:GDST) has entered into a definitive agreement to combine with hydrogen energy firm Infintium at an enterprise value of $130 million. Greer, South Carolina-based Infintium makes hydrogen fuel cell power packs for industrial fork lift clients. The combined company is expected to trade on the Nasdaq once the deal is completed in the first...

by Nicholas Alan Clayton on 2024-06-26 at 1:04pm

Coliseum (NASDAQ:MITA) has entered into a definitive agreement to combine with agtech firm Rain Generation Technology at an pre-money equity valuation of $45 million. Naples, Florida is working to commercialize technology that ionizes the air at select times to generate additional rainfall over a selected area. The combined company is expected to trade on the...

by Nicholas Alan Clayton on 2024-06-26 at 8:19am

At the SPAC of Dawn SPACs have been in the crosshairs in the past for potentially overstating targets’ exposure to AI or the firmness of future orders and projections. But, this morning a SPAC has entered into a combination with a literal “rainmaker” and that seems to be about as direct a description of what...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved