The Nightcap from SPAC Track

Nightly recap of the day's SPAC highlights (May 28th, 2021)

May 28th, 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:

After-hours deal:

1) Virtuoso Acquisition Corp. (VOSO: $9.80) & Wejo.

  • $800M EV

  • $100M PIPE

Deal News Reports:

None today.

New S-1 Filings:

1) CCM Acquisition Corp. (CCMC)

  • $150M, 1/3 warrant

  • Focus: New economy sectors in Asia Pacific and Europe

  • Managment:

    • Ming-Po Cai (Founder, Chairman and CEO of Cathay Capital Group)

  • Directors:

    • Patricia Barbizet (Former CEO and chairwoman of Christie’s International, Former Vice-chairwoman of Kering SA, Director of AXA, Total, Former Director of PSA Peugeot-Citroen, and Air France-KLM (from 2003 to 2013).

2) Cleantech Acquisition Corp. (CTAQ)

  • $250M, 1/2 warrant

  • Focus: CleanTech or ClimateTech

  • Directors:

    • Chairman: Jon Najarian (Co-Founder of Market Rebellion, CNBC contributor)

    • Governor Bill Richardson (Former Governor of New Mexico)

SPACs Leaving the Nest:

  • Northern Star Acquisition Corp. (STIC: $11.17) shareholders approved the merger with Barkbox. Merger expected to close on June 1st with STIC beginning to trade as BARK on June 2nd.

Upcoming Dates:

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

Wednesday, June 2nd

  • Jaws Acquisition Corp (JWS: $14.51) Shareholder Meeting to Approve Business Combination with Cano Health

Thursday, June 3rd

  • TS Innovation Acquisitions Corp. (TSIA: $10.71) Shareholder Meeting to Approve Business Combination with Latch

Friday, June 4th

  • Deerfield Healthcare Technology Acquisitions (DFHT: $12.85) Shareholder Meeting to Approve Business Combination with CareMax

  • GigCapital2, Inc (GIX: $10.08) Shareholder Meeting to Approve Business Combination with UpHealth and Cloudbreak

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SPAC Track