Good evening,
Thanks for reading the “Nightcap”, a nightly recap of the highlights in the SPAC world. You can always discover and track all of the SPACs at spactrack.net.
The Weekly Stats:
The Stats:
#SPAC Volume Leaders (7/16)
$APAC-U 9.2M (New IPO, $9.96 close)
$CCIV 8.9M
$TWCB-U 5.3M (New IPO, $9.94 close)
$RTPY 5.2M
$PFDR 4.9M
$ATMR 3.4M (Definitive Agreement with Fathom, +1.1%)
$PSTH 2.7M
$CND 1.9M
$IPOF 1.7M
$SRNG 1.7M
$BSAQ-U 1.5M (New IPO, $9.98 close)— #SPAC Track (spactrack.io) (#@SPACtrack)
11:58 PM • Jul 16, 2021
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The Deals:
1) Altimar Acquisition Corp. II (ATMR: $9.86) & Fathom Digital Manufacturing Corporation
Fathom Digital Manufacturing Corporation, an On-Demand Manufacturing Leader, to Go Public Through a Business Combination with Altimar Acquisition Corp. II (Press Release)
Merger Partner Description:
Fathom is one of the largest on-demand digital manufacturing platforms in North America, serving the comprehensive product development and low- to mid-volume manufacturing needs of the largest and most innovative companies in the world. With more than 25 unique manufacturing processes and a national footprint with nearly 450,000 square feet of manufacturing capacity across 12 facilities, Fathom seamlessly blends in-house capabilities across plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design and engineering.
Valuation: $1.49B Pro-forma EV
PIPE: $80M
Fathom Investor Presentation
Quick News Corner:
Stable Road Acquisition Corp. (SRAC: $10.49) provided the option to PIPE investors to terminate their subscription agreements due to the SEC order. SRAC announced the PIPE is reduced from $175M to $110M, and the PIPE investors will be issued 1 warrant per share
FG New America Acquisition Corp. (FGNA: $11.20) shareholders approve the merger with OppFi
Decarbonization Plus Acquisition Corporation (DCRB: $10.33) completes its merger with Hyzon Motors. Set to trade as HYZN starting Monday.
Empower Ltd. (EMPW: $9.80) completes its merger with Holley. Set to trade as HLLY starting Monday.
New S-1s (2)
1) Aquarius II Acquisition Corp. (AQUB)
$50M, 1/2 Warrant
DirectorsChunning Wang (CEO of Lion Group Holding)
2) Golden Ventures Acquisition Corp (GVAC)
$100M, 1/2 warrant
Focus: Commodities, including those related to the energy transition
Upcoming Dates:
Next Week’s Announced Shareholder Meetings, Unit Splits, Warrant Redemptions
Monday, July 19th
Merger Meeting: Andina Acquisition Corp III (ANDA: $9.45) & Stryve
Unit Split: OceanTech Acquisitions I Corp. (OTEC-U: $10.16)
Arrival (ARVL: $13.51) Redemption of Public Warrants
Tuesday, July 20th
Merger Meetings: Gores Holdings VI, Inc. (GHVI: $13.44) & MatterportTailwind Acquisition Corp. (TWND: $9.31) & QOMPLXAscendant Digital Acquisition (ACND: $9.13) & MarketWise Property Solutions Acquisition (PSAC: $13.26) & Faraday FutureRevolution Acceleration Acquisition Corp (RAAC: $9.00) & Berkshire Grey
Wednesday, July 21st
Merger Meetings:Tuscan Holdings Corp (THCB: $11.17) &MicrovastCM Life Sciences, Inc. (CMLF: $11.39) & Sema410X Capital Venture Acquisition Corp (VCVC: $9.71) & REE Automotive
Thursday, July 22nd
Merger Meeting: Churchill Capital Corp IV (CCIV: $22.79) & Lucid Motors
Unit Split: Lakeshore Acquisition I Corp. (LAAA-U: $10.22)
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