The Nightcap

Nightly recap of the day's SPAC highlights (April 15th, 2021)

April 15th, 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) D8 Holdings Corp (DEH) & Vicarious Surgical, “a next generation robotics company developing a disruptive technology with the goals of increasing the efficiency of surgical procedures”.

  • $1.12B EV

  • $115M PIPE including investments from BD (Becton, Dickinson and Company), Bill Gates, Khosla Ventures, Eric Schmidt's Innovation Endeavors, and Philip Liang’s E15 VC.

2) Consonance-HFW Acquisition Corp. (CHFW) & Surrozen, “a biotechnology company discovering and developing drug candidates to selectively modulate the Wnt pathway”.

  • $203.3M EV

  • $120M PIPE

Deal News Reports:

1) Thayer Ventures Acquisition Corp. (TVAC) is in talks to merge with Inspirato, a luxury travel platform, at a valuation of over $1B.

2) D & Z Media Acquisition Corp. (DNZ) is in talks to merge with Simplifi Holdings, an advertising technology platform, at a valuation of $1.5B or more, according to Bloomberg.

S-1 Filings:

1) GigInternational1, Inc. (GIW)

  • $200M, 1/3 warrant

  • Focus: TMT, aerospace and defense, mobility, semiconductor industries and targets in EMEA

  • Management:

    • Dr. Avi S. Katz

Upcoming Dates:

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

Friday, April 16th

  • dMY Technology Group, Inc. II (DMYD) Shareholder Meeting to Approve Business Combination with Genius Sports Group

  • Union Acquisition Corp II (LATN) Shareholder Meeting to Extend Deadline for Business Combination

  • Unit Splits: Hudson Executive Investment Corp. III (HIII), Cartesian Growth Corporation (GLBL), Newbury Street Acquisition Corporation (NBST)

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

Thanks for reading,

SPAC Track