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Posts by Nicholas Alan Clayton
2024-10-04 at 12:20pm

Willow Lane (NASDAQ:WLACU) has filed for a $110 million SPAC to be the latest repeat SPAC team returning to the market with the help of underwriter BTIG. BTIG is, in fact, leading recent underwriter activity with four new SPACs filed since the August 1, while no other firm has been left lead for more than...

2024-10-04 at 8:23am

At the SPAC of Dawn While SPACs settle into a slight pause through Rosh Hashanah, de-SPACs are also entering another period of holiday-based trading patterns. Traders following the usual “Sell in May and Go Away” pattern this year would have missed out on a major late-summer market rally. But, stocks may now feel the effects...

2024-10-03 at 8:25am

At the SPAC of Dawn As SPACs switch back into gear with a new cycle, traditional IPO road shows are heating up into the fourth quarter as well. A raft of private equity-backed companies have determined now is the time to strike and the period between the Fed’s September rate slash and the November election...

2024-10-02 at 12:06pm

Iron Horse (NASDAQ:IROH) has entered into a definitive agreement to combine with healthy food firm China Food Investment at a post-transaction enterprise value of $523 million. Hong Kong-based China Food investment distributes and advocates for healthy food products in Asia. The combined company is expected to trade on the Nasdaq once the deal is completed...

2024-10-02 at 8:30am

At the SPAC of Dawn SPACs are already off to the races in the fourth quarter of 2024 with two new SPACs filed and a pair of deals in the works already. But, in case you missed it, SPACInsider yesterday also released its Third Quarter and YTD 2024 SPAC Review looking back at all of...

2024-10-01 at 5:26pm

As SPACs continue to grow in complexity, so too has the task of tracking data on their deal terms. This week, SPACInsider is unveiling a major improvement in its effort to do just that. The data pages tracking SPAC Lock-Ups and Earnouts have now been completely refreshed. The new pages are now live and available...

2024-10-01 at 12:28pm

Aldel Financial II (NASDAQ:ALDFU) has put out an S-1 for a $200 million IPO, sneaking in just in time to be underwriter BTIG’s third new SPAC filed in the third quarter and its fifth of the year. This tied it with Cohen & Company for the Q3 lead and the two firms are also neck-and-neck...

2024-10-01 at 8:27am

At the SPAC of Dawn De-SPACs have long been targets of short-selling and the turnover that occurs after each completed deal provides some seemingly obvious opportunities for the shorts to exploit. Shorts have also tended to pile on companies following a disappointing round of earnings or the sort of profitability concerns that plagued many growth-stage...

2024-09-30 at 3:20pm

October is likely to be the quietest month of 2024 in terms of SPAC partners coming unglued from their lock-up agreements, and it comes right on the heels of the most-watched lock-up expiry in quite some time. Although Trump Media’s (NASDAQ:DJT) unlocking did not release the same sparks that might have been anticipated, it did...

2024-09-30 at 12:38pm

Jackson II (NYSE:JACS.U) has filed for a $200 million SPAC with improved terms over the team’s last vehicle, which liquidated in 2023 without a having signed a deal. This SPAC would have some structures from the standard set of mid-2024 filings as it will not overfund its trust with $10.00 per share in the account...

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