The Nightcap

Nightly recap of the day's SPAC highlights (April 30th, 2021)

April 30th, 2021

Good evening,

Thanks for reading “The Nightcap”, a nightly recap of all the day’s highlights in the SPAC world. In this newsletter, you will find a breakdown of the day’s deals, IPO’s, “in talks” reports, and noteworthy new SPAC S-1 filings.

Of course, you can always discover and track all of the SPACs at spactrack.net.

The Stats:

The Deals:

1) Gores Metropoulos II, Inc. (GMII) & Sonder Holdings, a short-term rental company.

  • $2.20B EV

  • $200M PIPE including investments from Fidelity Management & Research Company and funds and accounts managed by BlackRock

Deal News Reports:

1) Hennessy Capital Investment Corp. V (HCIC) is in talks to merge with Plus, an autonomous truck company, at a more than $3B valuation, according to Bloomberg.

S-1 Filings:

None today.

Upcoming Dates:

Next Week’s Shareholder Meetings and Unit Splits (common shares and warrants to commence trading separately from underlying units)

Monday, May 3rd

  • Unit Splits: CF Acquisition Corp. VIII (CFFE), FTAC Parnassus Acquisition Corp. (FTPA), one (FRON), Nocturne Acquisition Corp (MBTC), Pine Technology Acquisition Corp. (PTOC), L Catterton Asia Acquisition Corp (LCAA), Gores Technology Partners II, Inc. (GTPB), G&P Acquisition Corp. (GAPA)

Wednesday, May 5th

  • Experience Investment Corp (EXPC) Shareholder Meeting to Approve Business Combination with BLADE

Thursday, May 6th

  • Stable Road Acquisition Corp (SRAC) Shareholder Meeting to Extend Deadline for Business Combination

If you would like to share the Nightcap nightly newsletter, click the link below.

Thanks for reading,

SPAC Track