The Nightcap

Nightly recap of the day's SPAC highlights (April 9th, 2021)

April 9th, 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:

None today.

Deal News Reports:

1) Bridgetown Holdings Limited (BTWN) is said to be in advanced talks with Traveloka, an Indonesian online travel company, at around a $5B valuation, according to Bloomberg.

2) Soaring Eagle Acquisition Corp. (SRNG-U) is said to be in talks with Ginkgo Bioworks, the self-described “organism company” that has developed a cell programming platform to provide biotech solutions in food, fragrance, pharmaceuticals, and other areas, at a potentially more than $20B valuation, according to Bloomberg.

S-1 Filings:

1) OceanTech Acquisitions I Corp. (OTEC)

  • $100M, 1/2 warrant

  • Focus: Leisure marine, yachting, and superyachting

  • Management:

    • Joseph Adir (Founder & CEO of WinterHaven Holdings SL)

Upcoming Dates:

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

Monday, April 12th

  • Unit Splits: CF Acquisition Corp. VI (CFVI), Kismet Acquisition Two Corp (KAII), Figure Acquisition Corp. I (FACA), Finserv Acquisition Corp. II (FSRX), New Vista Acquisition Corp (NVSA)

Wednesday, April 14th

  • SC Health Corp (SCPE) Shareholder Meeting to Extend Deadline for Business Combination

  • Tuscan Holdings Corp II (THCA) Shareholder Meeting to Extend Deadline for Business Combination

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

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Thanks for reading,

SPAC Track