SPC News and Press, CrossingBridge Pre-Merger SPAC ETF From 05/17/22

Crescera Capital Acquisition Corp. went public recently, raising around $201 million in an IPO. The SPAC is headed by Brazilian private equity investors and will focus on undisclosed Latin American industry sectors to find a merger partner. Given the team's lack of previous succes...

Redwoods Acquisition Corp. went public recently, raising $100 million in gross proceeds. The SPAC seeks to merge with a target company in the carbon-neutral or energy storage industries. Given management's lack of previous industry experience and no prior SPAC track record of succ...

Metal Sky Star Acquisition Corporation raised $100 million in gross proceeds in a recent IPO. The SPAC seeks to merge with a middle-market company with operations outside of China. While management has investment expertise, they have no successful SPAC track record, so I'm on Hold...

Pre-merger SPACs offer features that present an arbitrage opportunity for SPAC common shareholders. SPAC shareholders have a full redemption right to their share of the collateral trust account that is typically invested in short-term US government securities. There is virtually n...

Sound Point Acquisition Corp I raised approximately $225 million in a recent IPO. The SPAC has not provided meaningful detail in terms of which industries it is going to target for an initial business combination. Management has experience in credit and commercial real estate but ...

There's nothing particularly wrong with Battery Future Acquisition Corp, it's an example of the sector, that's all. Individual SPACs may well remain interesting investments. The point here is to explain the sectoral problem. That problem being that there may well be more SPACs tha...

While special-purpose acquisition companies (SPACs) have been around for decades, they have attracted unprecedented interest and investment since the first wave of the COVID-19 pandemic. A SPAC, or blank check company, is a publicly-traded corporation created to facilitate a merger, a...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Editor’s Note: This article is part of Joanna Makris’  Fireside Chat  series, where she provides retail investors with the scoop on the hottest technologies and trends from today’s business...