Just two SPACs are scheduled to IPO in the week ahead, as Wall Street breaks for Memorial Day ahead of an active summer. Led by Avi Katz, GigCapital2 (GIX.U) plans to raise $130 million. The first GigCapital (GIG) raised $125 million in 2017, and earlier this year announced its acquisition of cloud API provider Kaleyra. After delaying its offering this week, Proficient Alpha Acquisition (PAACU) plans to raise $100 million in the week ahead.
CrowdStrike (CRWD), which provides cloud-native endpoint security software for large enterprises, and Chewy (CHWY), an online retailer owned by PetSmart that