Special Purpose Acquisition Companies
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Chenghe Acquisition III Co. Announces the Pricing of $110 Million Initial Public Offering
Globenewswire· 2025-09-16 01:19
Company Overview - Chenghe Acquisition III Co. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aimed at effecting mergers, share exchanges, asset acquisitions, and similar business combinations with one or more businesses [5] - The company intends to focus its acquisition search on growing companies in Asian markets or global companies with a presence or focus in Asia [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 11,000,000 units at a price of $10.00 per unit, with units expected to be listed on the Nasdaq under the ticker symbol "CHECU" on September 16, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at a price of $11.50 per share 30 days after the completion of the initial business combination [1] - The offering is expected to close on September 17, 2025, subject to customary closing conditions [2] Underwriting and Registration - BTIG, LLC is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to an additional 1,650,000 units to cover over-allotments [2] - A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on September 15, 2025 [3]
Spring Valley Acquisition Corp. III Announces Closing of $230 Million Initial Public Offering
GlobeNewswire News Room· 2025-09-05 20:00
Core Points - Spring Valley Acquisition Corp. III successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, raising total gross proceeds of $230 million on September 5, 2025 [1] - The units began trading on Nasdaq under the ticker symbol "SVACU" on September 4, 2025, with each unit consisting of one Class A ordinary share and one-third of one redeemable public warrant [2] - Cohen & Company Capital Markets served as the lead book-running manager for the offering, with Clear Street LLC acting as the joint book-runner [3] Additional Information - A registration statement for the securities became effective on September 3, 2025, and the offering was made only by means of a prospectus [4] - The press release includes forward-looking statements regarding the anticipated use of net proceeds from the offering, although no assurance can be given that these proceeds will be used as indicated [5] - Contact information for Spring Valley Acquisition Corp. III is provided for investor inquiries [6]
Highview Merger Corp. Announces Completion of $230,000,000 Initial Public Offering
Globenewswire· 2025-08-13 20:05
Core Viewpoint - Highview Merger Corp. successfully closed its initial public offering, raising capital through the sale of 23 million units at $10.00 per unit, with additional units sold due to the underwriter's over-allotment option [1][2]. Company Overview - Highview Merger Corp. is a special purpose acquisition company (SPAC) aimed at engaging in mergers, share exchanges, asset acquisitions, and similar business combinations [2]. - The company is led by CEO and CFO David Boris and President Taylor Rettig [2]. Offering Details - The IPO consisted of 23,000,000 units, including 3,000,000 units from the underwriter's over-allotment option, priced at $10.00 per unit [1]. - Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with whole warrants exercisable at $11.50 per share [1]. - The units are listed on Nasdaq under the ticker symbol "HVMCU," with separate trading expected for Class A shares and warrants under "HVMC" and "HVMCW," respectively [1]. Regulatory Information - A registration statement for these securities was declared effective by the SEC on August 11, 2025 [4].
2家SPAC在纳斯达克上市 募集资金3.5亿美元
Sou Hu Cai Jing· 2025-08-13 06:46
Group 1 - Two special purpose acquisition companies (SPACs) have gone public, raising a total of $350 million [1] - McKinley Acquisition (MKLYU) raised $150 million by issuing 15 million units at $10 per share, each unit consisting of one common share and a right to receive one-tenth of a share post-merger [2][4] - Highview Merger (HVMCU) raised $200 million by issuing 20 million units at $10 per share, each unit consisting of one common share and a half warrant with an exercise price of $11.50 [5][8] Group 2 - McKinley Acquisition is headquartered in Massachusetts and targets sectors including fintech, transportation technology, clean technology, space technology, artificial intelligence, and agricultural technology [4] - Highview Merger is based in Florida and aims to focus on mid-market companies in North America or Europe, initiated by David Boris, who has successfully completed multiple business combinations in the past [8]
Highview Merger Corp. Announces Pricing of $200,000,000 Initial Public Offering
Globenewswire· 2025-08-11 23:57
Group 1 - The Company, Highview Merger Corp., has priced its initial public offering (IPO) at $10.00 per unit, consisting of 20,000,000 units [1] - Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with whole warrants exercisable at $11.50 per share [1] - The units will be listed on Nasdaq under the ticker symbol "HVMCU" starting August 12, 2025, with separate trading expected for Class A shares and warrants under "HVMC" and "HVMCW" respectively [1] Group 2 - The Company is a special purpose acquisition company (SPAC) aimed at merging or acquiring businesses [2] - Leadership includes CEO and CFO David Boris and President Taylor Rettig [2] Group 3 - Jefferies is the sole book running manager for the offering and has a 45-day option to purchase an additional 3,000,000 units to cover overallotments [3] Group 4 - The offering is conducted via a prospectus, which can be obtained from Jefferies LLC [4] - A registration statement for these securities was declared effective by the SEC on August 11, 2025 [5]
Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to September 9, 2025
Globenewswire· 2025-08-07 20:05
Company Overview - Globalink Investment Inc. is a special purpose acquisition company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The company has no restrictions on the industry or geographic region for its targets, but intends to focus on the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia (excluding China, Hong Kong, and Macau) [2] Recent Developments - On August 5, 2025, Globalink deposited $0.15 per public share, totaling $10,890.15, into its trust account to extend the deadline for completing its initial business combination from August 9, 2025, to September 9, 2025 [1] - This extension marks the twenty-sixth extension since the company's initial public offering on December 9, 2021, and is the third of up to six extensions permitted under the company's governing documents [1]
Integrated Wellness Acquisition Corp. and Btab Ecommerce Group, Inc. Announce Filing of Registration Statement on Form S-4 with the SEC
Globenewswire· 2025-08-04 12:30
Company Overview - Integrated Wellness Acquisition Corp (WEL) is a publicly traded special purpose acquisition company focused on mergers and acquisitions in the health, nutrition, fitness, wellness, and beauty sectors [3] - Btab Ecommerce Group, Inc. (Btab) operates in the e-commerce sector, providing technology and products to small businesses across Australia, Asia, the United States, and the United Kingdom [4] Business Combination Announcement - WEL and Btab announced the public filing of a registration statement on Form S-4 with the SEC, marking a significant milestone in their proposed business combination [1][2] - The filing aims to facilitate Btab's transition to a national securities exchange, such as Nasdaq or NYSE, pending regulatory approvals [2] Strategic Goals - Btab's CEO, Binson Lau, emphasized the goal of expanding Btab's platform to empower small businesses through technology-driven commerce [2] - Btab aims to expand its reach into Europe and the Americas, capitalizing on the anticipated substantial growth of e-commerce in Asia driven by increasing internet adoption and rising spending power [4] Regulatory Process - The completion of the proposed transaction is subject to regulatory approval, WEL's shareholder approval, and other customary closing conditions [2] - The Registration Statement includes a prospectus for Pubco's securities and a proxy statement for WEL's shareholders, which will be mailed once declared effective by the SEC [5][6] Future Outlook - The anticipated benefits of the business combination include enhanced market opportunities for Btab and improved access to capital for growth initiatives [9] - Btab's growth strategies may be influenced by various factors, including competition, market conditions, and the ability to manage growth effectively [10]
Bowen Acquisition Corp Receives NASDAQ Delisting Notification for Failure to Comply with Listing Requirements
GlobeNewswire News Room· 2025-07-18 20:30
Core Viewpoint - Bowen Acquisition Corp (BOWN) is facing potential delisting from the Nasdaq Global Market due to non-compliance with several listing rules [1][2]. Group 1: Delisting Determination - BOWN received a delisting determination letter on July 15, 2025, indicating non-compliance with Nasdaq Listing Rules, including a Market Value of Listed Securities below $50 million for 30 consecutive trading days [1][2]. - Specific non-compliance issues include failing to maintain a minimum of 1,100,000 publicly held shares and a Market Value of Publicly Held Shares below $15 million for the required period [2]. - BOWN has until 4:00 p.m. Eastern Time on July 22, 2025, to appeal the delisting determination, or trading will be suspended on July 24, 2025 [3][4]. Group 2: Appeal Process - If BOWN requests a hearing, the suspension of its securities will be stayed for 15 days from the request date, and the hearing panel will review the request for an extended stay [4]. - The company intends to appeal the delisting determination and request a stay of the suspension, although there is no guarantee that the panel will grant these requests [5]. Group 3: Business Combination Efforts - BOWN is actively working to complete a business combination with Shenzhen Qianzhi BioTechnology Co., Ltd., believing this will help it regain compliance with Nasdaq listing requirements [6]. - The company is a blank check entity focused on mergers and similar business combinations, with a definitive agreement already in place for the transaction with Shenzhen Qianzhi [7].
AlphaTime Acquisition Corp Transfers to the Nasdaq Capital Market and Regains Compliance with Nasdaq Listing Requirements
Globenewswire· 2025-07-10 00:10
Group 1 - AlphaTime Acquisition Corp has regained compliance with Nasdaq Listing Rule 5450(a)(2) and will transfer its securities listing to the Nasdaq Capital Market effective July 11, 2025 [1][2] - The previously scheduled hearing before the Nasdaq Hearings Panel on July 15, 2025, has been cancelled, allowing the company's securities to continue trading on the Nasdaq Capital Market [2] - AlphaTime Acquisition Corp is a blank check company focused on mergers, capital stock exchanges, asset acquisitions, and similar business combinations, with an intention to target businesses primarily in Asia [3]
Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to August 9, 2025
Globenewswire· 2025-07-07 20:05
Company Overview - Globalink Investment Inc. is a special purpose acquisition company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The company has no restrictions on the industry or geographic region for its targets, but intends to focus on the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia (excluding China, Hong Kong, and Macau) [2] Recent Developments - On July 3, 2025, Globalink deposited $0.15 per public share, totaling $10,890.15, into its trust account to extend the deadline for completing its initial business combination from July 9, 2025, to August 9, 2025 [1] - This extension marks the twenty-fifth extension since the company's initial public offering on December 9, 2021, and is the second of up to six extensions permitted under the company's governing documents [1]