The Nightcap from SPAC Track

The Nightcap newsletter: SPAC Track’s nightly recap of the action in the SPAC world. (November 12, 2021)

Discover and track all of the SPACs at spactrack.net.

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The Stats:

The Deals:

None today.

Merger Votes/ Completions:

  • DFP Healthcare Acquisitions Corp (DFPH) shareholders approve the merger with The Oncology Institute

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Tracking De-SPAC S-1s (including PIPE resale registrations):

Effectiveness notices posted today for S-1s:

  • Enjoy Technology (ENJY: $7.92 -4.00%)

  • ESS Inc. (GWH: $15.15 +0.87%)

S-1 filings:

  • Bakkt (BKKT: $24.27 -7.19%)

424B3 filings (S-1 likely to go effective Monday):

Quick News:

in light of elevated marketing and promotional spend in the sports betting industry, we are pivoting our user acquisition efforts to a more targeted ROI-focused strategy. In so doing, we expect the capital intensity of the business to decline meaningfully beginning in the first quarter of 2022.

New S-1s (4):

  • $200M, 3/4 Warrant

  • Focus: Digital assets, cryptocurrency, DeFi (Non-China or Hong Kong)

  • $200M, 1/2 Warrant

  • Focus: Mobility-related ecosystem

  • $100M, 1 Warrant, 1 Right (1/10th of a share)

  • Focus: Asia

  • $200M, 1/2 Warrant

  • Focus: Enterprise software, health care, financial technology and consumer

  • Directors:Coleman Andrews (Co-Founding Partner of Bain Capital)

Upcoming Dates:

Next Week’s Announced Shareholder Meetings, Unit Splits, Warrant Redemptions, Earnings, and Expected Ticker Changes

See the full calendar here.

Thanks for reading,

SPAC Track

Note: Share prices only included if 5%+ moves and for all De-SPAC PIPE entries
DISCLAIMER: The information provided in this newsletter is for your convenience only and is not intended to be treated as financial, investment, tax, or other advice.