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SPAC, ACE Convergence Acquisition (ACEVU) inks agreement to merge with Achronix Semiconductor, and that the combined entity will continue as publicly listed company. The transaction reflects an implied equity value of the combined company of $2.1B, with a $10.00/share PIPE financing subs...
Gainers: Marathon Patent Group (MARA) +24%. Silver Spike Acquisition (SSPK) +23%. Northern Genesis Acquisition (NGA) +17%. ACE Convergence Acquisition (ACEVU) +15%. Upstart Holdings (UPST) +15%.Losers: Ashford (AINC) -11%. Atlantic American (AAME) -10%. Maiden Holdings (MHLD) -7%. Big Rock Pa...
Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 59% in its public debut. Vital Farms, the largest US producer of pasture-raised eggs, upsized and priced above the upwardly revised range to raise $205 million at a $991 milli...