The Nightcap from SPAC Track

June 2nd, 2021

Good evening,

Thanks for reading “The Nightcap”, a nightly recap of the highlights of the SPAC world. You can always discover and track all of the SPACs at spactrack.net.

The Stats:

The Deals:

None today.

Deal News Reports:

None today.

New S-1 Filings:

1), 2), 3), 4) Four new Chamath SPACs:

• Details for all four SPACs:

  • Focus: Biotech

  • $200M with no warrants

  • Management: Chamath Palihapitiya (Managing Partner of Social Capital, Chairman of Virgin Galactic)

• 1) Social Capital Suvretta Holdings Corp. I (DNAA)

  • Focus: Biotechnology industry and within the neurology subsector

  • Directors:

    • Vladimir Coric (CEO of Biohaven Pharmaceuticals)

  • S-1 Link: https://www.sec.gov/Archives/edgar/data/1850266/000119312521180021/d61214ds1.htm

• 2) Social Capital Suvretta Holdings Corp. II (DNAB)

  • Focus: Biotechnology industry with a subsector in Oncology

  • S-1 Link: https://www.sec.gov/Archives/edgar/data/1850271/000119312521180031/d126071ds1.htm

• 3) Social Capital Suvretta Holdings Corp. III (DNAC)

  • Focus: Biotechnology industry with a subsector in "Organ space” — intrinsic diseases of the heart, kidney, endocrine system (including diabetes and lipids) and blood compartment (non-oncologic diseases).

  • Directors:

    • Marc Semigran (Chief Medical Officer of Renovacor)

  • S-1 Link: https://www.sec.gov/Archives/edgar/data/1850270/000119312521180036/d137843ds1.htm

• 4) Social Capital Suvretta Holdings Corp. IV (DNAD)

  • Focus: Biotechnology industry with a subsector in Immunology

  • Directors:

    • Amit Munshi (CEO of Arena Pharmaceuticals and Former CEO of Epirus Biopharmaceuticals)

  • S-1 Link: https://www.sec.gov/Archives/edgar/data/1850272/000119312521180045/d143767ds1.htm

5) Northern Lights Acquisition Corp. (NLIT)

• $100M, 1/2 warrant

• Focus: Cannabis

• S-1 Link: https://www.sec.gov/Archives/edgar/data/1854963/000110465921075303/tm2112515d2_s-1.htm

SPACs Leaving the Nest:

• Jaws Acquisition Corp (JWS: $14.86) shareholders approved the business combination with Cano Health. The merger is expected to close on 6/3 and JWS is expected to begin trading as CANO on 6/4.

Upcoming Dates:

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

Thursday, June 3rd

• TS Innovation Acquisitions Corp. (TSIA: $11.10) Shareholder Meeting to Approve Business Combination with Latch

• Juniper Industrial Holdings Inc. (JIH: $13.45) Shareholder Meeting to Approve Business Combination with Janus International

Friday, June 4th

• Deerfield Healthcare Technology Acquisitions (DFHT: $14.85) Shareholder Meeting to Approve Business Combination with CareMax

• GigCapital2, Inc (GIX: $9.92) Shareholder Meeting to Approve Business Combination with UpHealth and Cloudbreak

If you found this newsletter useful and you aren’t a subscriber yet, subscribe for free here:

Thanks for reading,

SPAC Track

spactrack.net