(Corrects second bullet point and paragraph 5 to show no current projects seek US federal stakes) By Sudip Kar-Gupta and Anne Kauranen BRUSSELS, HELSINKI, Feb 23 (Reuters) - ‌Finnish-headquartered IQM Quantum Computers is aiming to list its shares on the ‌U.S. stock market via a merger with a special purpose acquisition company Real Asset Acquisition Corp, the companies ​said on Monday. The transaction will give the European company an initial equity valuation of around $1.8 billion, IQM said. Quantu ...

Group 1 - The current state of IPOs in the consumer sector is being discussed, highlighting the trend of private companies taking longer to go public and the significance of liquidity [1] - Upcoming IPOs, such as SpaceX, are anticipated to follow a trajectory similar to that of Alibaba Group Holding Limited [1] - The potential for value creation through AI in the restaurant industry is also a focal point of the discussion [1] Group 2 - Don Duffy, a leading expert on IPOs and complex corporate transactions, has extensive experience advising companies on IPOs, mergers, and acquisitions [2] - ICR Capital, founded in 1998, has grown to become one of the largest independent strategic communications and advisory firms in North America, with over 400 team members [3]

Core Viewpoint - The SPAC and New Issue ETF (SPCX) offers concentrated, actively managed exposure to newly listed companies, focusing on special purpose acquisition companies and their targets, as well as select recent listings [1] Group 1: Investment Strategy - The strategy aims to exploit event-driven inefficiencies related to sponsor incentives, deal milestones, and trading dynamics during the transition from blank-check capital to operating businesses [1] - Portfolio construction prioritizes position sizing based on deal quality, structure, and post-combination fundamentals, allowing for adjustments as announcements progress [1] Group 2: Return Drivers - Potential return drivers include spread capture before deal closings, upside from attractive combinations, and risk management through holding periods and cash-rich vehicles when the quality of issuance varies [1] Group 3: Market Sensitivity - Outcomes are sensitive to market liquidity, equity risk appetite, and the primary calendar; favorable credit conditions and improving sentiment towards early-stage growth typically enhance opportunities, while risk-off environments and tighter financing conditions may pose challenges [1] Group 4: Use Cases - SPCX can serve as a tactical satellite for event-driven equity, a sandbox sleeve for innovation exposure, or a diversifier to traditional IPO allocations [1] Group 5: Key Risks - A significant risk to monitor is liquidity and turnover costs associated with smaller, transaction-dependent positions [1]

Group 1 - Enhanced, a sports technology firm, will go public in the U.S. through a merger with A Paradise Acquisition Corp, valuing the deal at $1.2 billion [1] - The SPAC market is experiencing a resurgence, with seasoned sponsors reviving SPACs as an alternative route to public listings [1][2] - Enhanced aims to reinvent elite sports and performance, focusing on health and longevity, and plans to build a diversified business tapping into the growing demand for sports entertainment and performance enhancement [3] Group 2 - Enhanced expects to generate revenue from telehealth, direct-to-consumer performance products, brand partnerships, and broadcasting rights, with brand partnerships forming the core of its sports business [4] - The company anticipates up to $200 million in gross cash proceeds from the merger, which will be directed towards athlete recruitment, Enhanced Games production, medical support, and product development [5] - The merger is expected to close in the first half of 2026, after which the combined company will be renamed Enhanced Group and listed on Nasdaq under the ticker "ENHA" [5]

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on November 18, 2025 Registration No. 333-290856 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 General Purpose Acquisition Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number ...

Core Insights - 1789 Capital, launched in 2022 by Omeed Malik and Chris Buskirk, aims to support American exceptionalism and is associated with Donald Trump's political endeavors [1][7] - SPACs, or special purpose acquisition companies, are utilized to take private companies public while bypassing traditional regulatory scrutiny [2][6] - Colombier Acquisition Corp. III, backed by Omeed Malik, filed for an IPO to raise $260 million by offering 26 million shares at $10 each [7] Company Developments - Donald Trump Jr. is a director at Colombier Acquisition Corp. III and has been a partner at 1789 Capital since November 2024 [7] - GrabAGun, a firearms retailer supported by Donald Trump Jr., went public through a merger with Colombier Acquisition Corp. II, which is also backed by Malik [4][7] - Roth Capital is the underwriter for the offering of Colombier Acquisition Corp. III [4][7] Industry Context - The recent activities of the Trump family include ventures into cryptocurrency and meme coins, indicating a broader strategy in emerging financial markets [2][7] - The trend of using SPACs reflects a growing preference among companies to access public markets with less regulatory burden [2][6]

Core Viewpoint - The SPAC market, which gained popularity during the Covid-19 pandemic, has seen mixed results, leading to skepticism among investors regarding future SPAC deals [1][2]. Group 1: SPAC Market Overview - The SPAC craze of 2020 and 2021 attracted many retail investors due to favorable market conditions, but it also resulted in several unsuccessful ventures alongside a few successful ones like DraftKings and SoFi Technologies [1][2]. - Notable failures in the SPAC market include companies like Nikola, Canoo, and Lordstown Motors, which have not performed well post-merger [2]. Group 2: American Exceptionalism Acquisition Corp. A (AEXA) - Chamath Palihapitiya, known as the "SPAC King," has launched a new SPAC, American Exceptionalism Acquisition Corp. A (AEXA), which is currently trading on the NYSE and is looking to partner with companies in sectors such as AI, energy, defense, or decentralized finance [3]. - AEXA stock was launched on September 26 with an IPO of 30 million shares priced at $10 each, plus an additional 4.5 million shares from underwriters' over-allotment, valuing the company at $345 million [4]. Group 3: Palihapitiya's Approach - Palihapitiya acknowledges past challenges in the SPAC market, particularly regarding sponsor compensation and retail investor involvement, and claims that AEXA will be managed differently to improve its chances of success [5][6]. - He emphasizes that lessons learned from previous SPAC experiences will inform the management and operational strategies of AEXA [6].

Core Insights - A new SPAC named "American Exceptionalism" launched by Chamath Palihapitiya raised $345 million to acquire startups in energy, AI, crypto/DeFi, or defense sectors [1] - Palihapitiya advises retail investors against purchasing the stock, with only 1% allocated for public trading and 98.7% sold to large institutions [2][3] - The SPAC market has shown poor post-merger returns for investors, leading to skepticism about their viability, as highlighted by the Yale Journal on Regulation [4] Group 1 - The SPAC aims to convert acquired startups into publicly traded entities, focusing on high-growth sectors [1] - Palihapitiya's warning to retail investors emphasizes the volatility and risks associated with SPAC investments, suggesting they are better suited for institutional investors [2][3] - Historical performance of Palihapitiya's previous SPACs indicates significant losses, with many down over 90% from their launch date [4] Group 2 - Goldman Sachs previously banned itself from underwriting SPACs for three years but has resumed involvement, reflecting a shift in market sentiment [4] - A poll conducted by Palihapitiya revealed that 71% of respondents opposed the launch of new SPACs, indicating a lack of confidence in the SPAC model [4]

As filed with the Securities and Exchange Commission on April 17, 2025. Registration No. 333-284852 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Crane Harbor Acquisition Corp. (Exact name of registrant as specified in its charter) ___________________ (State or other jurisdiction of incorporation or organization) Cayman Islands 6770 98-1830736 (Primary Standard Industrial Classif ...

As filed with the Securities and Exchange Commission on April 11, 2025. Registration No. 333-284852 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Crane Harbor Acquisition Corp. (Exact name of registrant as specified in its charter) ___________________ Cayman Islands 6770 98-1830736 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classif ...