SPAC Deep Dive, subSPAC

subSPAC

SPAC Deep Dive

Each week we’ll identify and break down for you SPACs that are capturing market share and making an impact.

Thematic (Sector/Industry)

<ul><li>The last week was packed with SPAC activity including deals, terminations, and new IPOs.</li><li>A high-profile SPAC merger was approved by shareholders potentially netting billions to the former president.</li><li>Also, a sustainable plastics company terminates a previously announced deal, and a SPAC plans to take an IoT-focused firm public. </li></ul>

The last week was packed with SPAC activity including deals, terminations, and new IPOs.A high-profile SPAC merger was approved by shareholders potentially netting billions to the former president.Also, a sustainable plastics company terminates a previously announced deal, and a SPAC plans to take an IoT-focused firm public. 

Equity Bottom-Up

Crixus BH3 Acquisition  / Equity Bottom-Up

<ul><li>SPAC Activity returned to full pace in the past week, with several deals being announced, including with a Sustainable Fuels Maker and a Gold Producer from South Africa.</li><li>Also, Trump tried to sell his stake in his social media company to Elon Musk as his SPAC deal stalled, and Fisker could be the latest EV De-SPAC to run out of cash. Read on to find out the latest about all things SPACs. </li><li><p>Sustainable Aviation Fuel (SAF) and clean biofuels producer XCF Global Capital is merging with SPAC BH3 Acquisition, in a deal valuing the combined company at $1.84 billion. </p></li></ul>

SPAC Activity returned to full pace in the past week, with several deals being announced, including with a Sustainable Fuels Maker and a Gold Producer from South Africa.Also, Trump tried to sell his stake in his social media company to Elon Musk as his SPAC deal stalled, and Fisker could be the latest EV De-SPAC to run out of cash. Read on to find out the latest about all things SPACs. Sustainable Aviation Fuel (SAF) and clean biofuels producer XCF Global Capital is merging with SPAC BH3 Acquisition, in a deal valuing the combined company at $1.84 billion. 

<ul><li>This week in SPACs was packed with deals, updates, and buyouts.</li><li>Two new deals were announced with targets in the healthcare industry.</li><li>Also, a merger hits a roadblock and another gets the go-ahead from a regulator, while a cybersecurity firm gets bought for a fraction of its value a few years after its SPAC deal. </li></ul>

This week in SPACs was packed with deals, updates, and buyouts.Two new deals were announced with targets in the healthcare industry.Also, a merger hits a roadblock and another gets the go-ahead from a regulator, while a cybersecurity firm gets bought for a fraction of its value a few years after its SPAC deal. 

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

<ul><li>SPAC IPOs continue on snooze control. Last year saw just 31 SPAC IPOs priced, raising an aggregate of $3.8 billion in gross proceeds, down from 86 and $13.4 billion in 2022.</li><li>This makes 2023 the quietest year for SPAC IPOs since 2016, when 13 IPOs raised $3.5 billion.</li><li>As we start the third week of 2024, the SPAC market remains dormant, with no new pricings to report yet. </li></ul>

SPAC IPOs continue on snooze control. Last year saw just 31 SPAC IPOs priced, raising an aggregate of $3.8 billion in gross proceeds, down from 86 and $13.4 billion in 2022.This makes 2023 the quietest year for SPAC IPOs since 2016, when 13 IPOs raised $3.5 billion.As we start the third week of 2024, the SPAC market remains dormant, with no new pricings to report yet. 

SPAC Talk - Why More SPAC Liquidations Are in the Cards

<div><div><div><div><ul style="list-style-type: disc;"><li><p>August rush...the good. After a very quiet July, August has been buzzing with deal activity.</p></li><li><p>August has brought 19 new SPAC merger deal announcements.</p></li><li><p>This is the highest monthly total of the year, and we may not be done yet with one more week of the month left. </p></li></ul></div></div></div></div>

August rush...the good. After a very quiet July, August has been buzzing with deal activity.August has brought 19 new SPAC merger deal announcements.This is the highest monthly total of the year, and we may not be done yet with one more week of the month left. 

SPAC Talk - The VinFast De-SPACing Brings an Eerie Echo of Past SPAC Hype

United States

Digital World Acquisition Corp. operates as a blank check company. the company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

Digital World Acquisition (DWAC US)

Future Fuel Forward

SPAC Activity returned to full pace in the past week, with several deals being announced, including with a Sustainable Fuels Maker and a Gold...

subSPAC

Wellness Meets Wall Street

This week in SPACs was packed with deals, updates, and buyouts. Two new deals were announced with targets in the healthcare industry.

subSPAC

SPAC Talk - Why More SPAC Liquidations Are in the Cards

SPAC IPOs continue on snooze control. Last year saw just 31 SPAC IPOs priced, raising an aggregate of $3.8 billion in gross proceeds, down from 86...

Water Tower Research

SPAC Talk - The VinFast De-SPACing Brings an Eerie Echo of Past SPAC Hype

August rush...the good. After a very quiet July, August has been buzzing with deal activity. August has brought 19 new SPAC merger deal announcements.

Water Tower Research

Social Surge

The last week was packed with SPAC activity including deals, terminations, and new IPOs. A high-profile SPAC merger was approved by shareholders...

subSPAC

Future Fuel Forward

SPAC Activity returned to full pace in the past week, with several deals being announced, including with a Sustainable Fuels Maker and a Gold...

subSPAC

Wellness Meets Wall Street

This week in SPACs was packed with deals, updates, and buyouts. Two new deals were announced with targets in the healthcare industry.

subSPAC

SPAC Talk - Why More SPAC Liquidations Are in the Cards

SPAC IPOs continue on snooze control. Last year saw just 31 SPAC IPOs priced, raising an aggregate of $3.8 billion in gross proceeds, down from 86...

Water Tower Research

SPAC Talk - The VinFast De-SPACing Brings an Eerie Echo of Past SPAC Hype

August rush...the good. After a very quiet July, August has been buzzing with deal activity. August has brought 19 new SPAC merger deal announcements.

Water Tower Research