Cohen Circle Acquisition Corp. I announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCIRU”, Friday, October 11, 2024.
The Company’s primary focus will be to identify companies in the financial services technology (fintech) sector and fintech adjacent sectors that power transformation and innovation.
The Company is sponsored by Cohen Circle, LLC, and the management team is led by Betsy Z. Cohen, its Chairman of the Board of Directors, President and Chief Executive Officer.
Total SPAC deal count for 2024 year-to-date is now 36. This offering is expected to close on Tuesday, October 15, 2024.
Cantor Fitzgerald & Co. is serving as the sole book-running manager for the offering. Stevens Lee PC is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending November 8, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week saw three more SPACs price IPOs along with a slight improvement in IPO trading performance. More importantly, the Presidential election was won decisively,...
With a few days passed for the dust to settle on the re-election of President Donald Trump, the market still appears to be sorting out what to expect from the future administration. While SPACs are of course impacted by all general market shifts, there are some key changes that could impact SPACs and their transactions...
A SPAC III Acquisition Corp. (NASDAQ:ASPCU) announced the pricing of its $55 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ASPCU”, Friday, November 8, 2024. The new SPAC intends to seek out a target company with strong ESG principals in the material technology sector with potential for...
At the SPAC of Dawn Despite all of the worries and volatility, election week comes to an end today with de-SPACs up nearly across the board. Companies that closed SPAC transactions since 2021 are up a median +6% since their close on the eve of Tuesday’s elections and the cohort trading above $10 have seen...
Willow Lane Acquisition Corp. (NASDAQ:WLACU) announced the pricing of its $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WLACU”, Friday, November 8, 2024. The new SPAC intends to conduct a broad search to find an established middle market company valued at about $1 billion or less....