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VELO News and Press, Velocity Acquisition Corp. From 07/26/21

Stock Information

Company Name: Velocity Acquisition Corp.
Stock Symbol: VELO
Market: NASDAQ
Website: velocityacq.co

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VELO - Merger Arbitrage Mondays - Zoom Acquires Five9

Zoom uses its expensive stock to enter adjacent market with the acquisition of Five9 for $14.7 billion. Monmouth Real Estate Investment Corporation's board supports the pending merger of MNR with Equity Commonwealth after receiving a competing offer from Starwood. Salesforce compl...

VELO - High-end grill maker Traeger sets term for $400M IPO

10'000 Hours/DigitalVision via Getty Images Wood pellet grill maker Traeger (COOK) plans to to raise about $400M at the midpoint of a range for its upcoming IPO. Traeger expects to sell 23.5m shares at $16-$18/share, according a S-1/A filing. The grill maker would be worth about $2B on fully ...

VELO - SPAC Velocity Acquisition gains after confirming deal to take BBQGuys public

The Good Brigade/DigitalVision via Getty Images SPAC Velocity Acquisition (VELO) rose almost 1.5% after confirming a deal to take online retailer of grills and outdoor kitchens BBGGuys public. BBGGuys, which counts NFL greats Eli Manning, Peyton Manning and their father Archie Manning as...

VELO - BBQGuys, A Leading Online Grilling And Outdoor Living E-Commerce Platform, To Become A Publicly Traded Company Via Merger With Velocity Acquisition Corp.

BBQGuys has entered into a definitive business combination agreement with special purpose acquisition company Velocity Acquisition Corp. (NASDAQ: VELO) BBQGuys is a leading specialty e-commerce and content platform for grills, grilling accessories and outdoor living pr...

VELO - Fire pit maker Solo Stove is said to plan for IPO this year

Mila Naumova/iStock via Getty Images Fire pit maker Solo Stove is said to be planning for an initial public offering this year, which may value the company at more than a $1B. The company is asking advisors to pitch them for a role in an IPO, according to a Bloomberg report. Private equity fi...

VELO - SPAC Velocity Acquisition gains on report on deal with Eli, Peyton Manning backed-BBQGuys

AleksandarNakic/E+ via Getty Images SPAC Velocity Acquisition (VELO) rose 1.8% after a report that it's in talks to take BBQGuys public for a combined value of about $900M. The deal will not include a PIPE, according to a Bloomberg report. BBQGuys is an online retailer of grills and...

VELO - SPAC Velocity Acquisition gains on report on deal with Eli, Peyton Manning backed-BBQGuys BBQG

AleksandarNakic/E+ via Getty Images SPAC Velocity Acquisition (VELO) rose 1.8% after a report that it's in talks to take BBQ Guys public for a combined value of about $900M. The deal will not include a PIPE, according to traders who cited a Bloomberg story. BBQGuys is an online reta...

VELO - Tracking Larry Robbins' Glenview Capital Management Portfolio - Q1 2021 Update

Glenview Capital Management’s 13F portfolio value increased from $4.36B to $5.90B this quarter. The number of positions increased from 54 to 63. They increased AmerisourceBergen, Facebook, Alphabet, and Baxter International while reducing Laboratory Corp. and dropping Expedia G...

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