11/19/2020 09:05, Thu | (US) SPAC & IPO News

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Summary

• 1. FACTBOX-Blank-check firms cut IPO sizes in early signs of SPAC slowdown - Reuters [Link]
• 2. UPDATE 1-Cano Health to list via $4.4 bln merger with Barry Sternlicht-backed SPAC - Reuters [Link]
• 3. Cano Health nears $4.4 billion deal with Barry Sternlicht-backed SPAC: WSJ - Reuters UK [Link]
• 4. Cano Health nears $4.4 billion deal with Barry Sternlicht-backed SPAC: WSJ - Reuters UK [Link]
• 5. Hemp maker-backed blank-check firm looks to raise $100 mln in IPO - Reuters [Link]
• 6. This fintech-focused VC firm just closed a $75 million debut fund; backers "came out of the woodwork" [Link]
• 7. What Is a SPAC and Why Do Investors Like Them So Much? [Link]
• 8. What Investors Should Know Before Buying a SPAC [Link]
• 9. Boston Omaha's New SPAC: What Investors Need to Know [Link]
• 10. Why Utz Brands Stock Just Popped 9% [Link]
• 11. DraftKings Shares Rise After Sports Betting Firm Raises 2020 Revenue Forecast [Link]
• 12. The Looming SPAC Meltdown [Link]
• 13. SPAC 101: What Founders Need To Know On The Path To Exit [Link]
• 14. The 101 Most Momentous Business Moves of the Pandemic | Marker - Marker [Link]
• 15. Cerevel Therapeutics Announces Third Quarter 2020 Financial Results and Key Business Highlights - GlobeNewswire [Link]
• 16. U.S. IPO Weekly Recap: Postponements Abound As DoorDash Joins The IPO Pipeline [Link]
• 17. SPAC Acquisitions And Others: Distorting Markets [Link]
• 18. Tracking Seth Klarman's Baupost Group Holdings - Q3 2020 Update [Link]
• 19. Tracking David Einhorn's Portfolio - Q3 2020 Update [Link]
• 20. Former MGM CEO Jim Murren on his Acies Acquisition SPAC IPO and the future of live entertainment [Link]
• ...

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1. FACTBOX-Blank-check firms cut IPO sizes in early signs of SPAC slowdown - Reuters

published : 11/17/2020 18:43
By Reuters Staff Nov 17 (Reuters) - A blank-check firm backed by billionaire Alec Gores became the latest special purpose acquisition company (SPAC) to slash its offering size, adding to concerns … [+1169 chars] More...

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2. UPDATE 1-Cano Health to list via $4.4 bln merger with Barry Sternlicht-backed SPAC - Reuters

published : 11/12/2020 11:27
By Reuters Staff (Adds financial details, background) Nov 12 (Reuters) - Healthcare provider Cano Health LLC will be taken public through a merger with a blank-check company backed by real estate i… [+1168 chars] More...

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3. Cano Health nears $4.4 billion deal with Barry Sternlicht-backed SPAC: WSJ - Reuters UK

published : 11/12/2020 02:43
By Reuters Staff (Reuters) - Blank-check company Jaws Acquisition Corp JWS.N plans to take healthcare provider Cano Health LLC public in a $4.4 billion deal including debt, the Wall Street Journal r… [+962 chars] More...

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4. Cano Health nears $4.4 billion deal with Barry Sternlicht-backed SPAC: WSJ - Reuters UK

published : 11/12/2020 02:43
By Reuters Staff (Reuters) - Blank-check company Jaws Acquisition Corp JWS.N plans to take healthcare provider Cano Health LLC public in a $4.4 billion deal including debt, the Wall Street Journal r… [+962 chars] More...

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5. Hemp maker-backed blank-check firm looks to raise $100 mln in IPO - Reuters

published : 11/18/2020 13:36
By Reuters Staff Nov 18 (Reuters) - Adara Acquisition Corp, a blank-check firm sponsored by hemp producer cbdMD Inc and private equity firm Blystone Donaldson, on Wednesday filed paperwork for a $10… [+1205 chars] More...

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6. This fintech-focused VC firm just closed a $75 million debut fund; backers "came out of the woodwork"

published : 11/13/2020 03:50
It’s no secret that’s a massive digital transformation happening within financial services companies and amid the growing number of non-financial outfits that are also adding financial products to th… [+7356 chars] More...

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7. What Is a SPAC and Why Do Investors Like Them So Much?

published : 11/12/2020 12:12
2020 has certainly been the year of the SPAC. We've seen more special purpose acquisition companies, or SPACs, complete IPOs than any other type of company. In this October 29, 2020 Fool Live video c… [+7131 chars] More...

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8. What Investors Should Know Before Buying a SPAC

published : 11/13/2020 12:03
SPACs have rapidly become the hottest way for companies to go public, but they aren't well understood by many investors. In this Oct. 29, 2020 Fool Live video clip, Fool.com contributor Matt Frankel,… [+6235 chars] More...

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9. Boston Omaha's New SPAC: What Investors Need to Know

published : 11/14/2020 12:18
Boston Omaha Corporation(NASDAQ:BOMN) is often compared to an early stage version of Berkshire Hathaway(NYSE:BRK-A)(NYSE:BRK-B). And like Berkshire, Boston Omaha prefers to pursue investment opportun… [+6295 chars] More...

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10. Why Utz Brands Stock Just Popped 9%

published : 11/12/2020 20:17
What happened I've been eating Utz Brands(NYSE:UTZ) potato chips since I was a kid -- and investing in stocks since I was a young adult. In fact, one of the first companies I thought of investing in… [+1653 chars] More...

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11. DraftKings Shares Rise After Sports Betting Firm Raises 2020 Revenue Forecast

published : 11/13/2020 16:05
Shares in DraftKings gained in early trading after the major sports betting outfit raised its 2020 revenue guidance and reported third-quarter earnings that exceeded Wall Street analysts’ expectation… [+2160 chars] More...

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12. The Looming SPAC Meltdown

published : 11/19/2020 11:30
By Antoine Gara, Eliza Haverstock, and Sergei Klebnikov In May 2018, Landcadia finally located its target: a budding online restaurant delivery service called Waitr that would merge with the SPAC in… [+14973 chars] More...

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13. SPAC 101: What Founders Need To Know On The Path To Exit

published : 11/18/2020 14:00
Sean Cantwell is a managing partner at Volition Capital, focusing primarily on companies in the Software and Tech-Enabled Services sectors. getty Special purpose acquisition companies, or SPACs, ha… [+6179 chars] More...

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14. The 101 Most Momentous Business Moves of the Pandemic | Marker - Marker

published : 11/16/2020 06:32
The 101 Most Momentous Business Moves of the Pandemic From the admirable to the audacious, these are the highs and lows that have defined the last eight months Extreme times tend to bring out the b… [+60336 chars] More...

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15. Cerevel Therapeutics Announces Third Quarter 2020 Financial Results and Key Business Highlights - GlobeNewswire

published : 11/16/2020 11:30
Participants dosed in clinical trials for lead programs in schizophrenia, epilepsy, anxiety and Parkinsons disease Debuted as publicly traded entity under symbol CERE Net proceeds of approximately… [+37187 chars] More...

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16. U.S. IPO Weekly Recap: Postponements Abound As DoorDash Joins The IPO Pipeline

published : 11/14/2020 18:12
Eight SPACs went public this past week but no IPOs, as all three scheduled deals postponed or withdrew. New filing activity picked up, led by long-awaited delivery service unicorn DoorDash (DOORD), a… [+9559 chars] More...

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17. SPAC Acquisitions And Others: Distorting Markets

published : 11/14/2020 10:25
There is plenty of money around. Some analysts would say that this is an understatement. Whatever, there is plenty of money around. And, this money is finding outlets. The question is whether or n… [+5641 chars] More...

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18. Tracking Seth Klarman's Baupost Group Holdings - Q3 2020 Update

published : 11/15/2020 19:47
This article is part of a series that provide an ongoing analysis of the changes made to Baupost Group's 13F stock portfolio on a quarterly basis. It is based on Klarmans regulatory 13F Form filed on… [+14689 chars] More...

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19. Tracking David Einhorn's Portfolio - Q3 2020 Update

published : 11/18/2020 13:42
This article is part of a series that provides an ongoing analysis of the changes made to David Einhorns Greenlight Capital 13F portfolio on a quarterly basis. It is based on Einhorns regulatory 13F … [+9858 chars] More...

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20. Former MGM CEO Jim Murren on his Acies Acquisition SPAC IPO and the future of live entertainment

published : 11/13/2020 21:19
Jim Murren, Former MGM CEO and co-founder and Chairman of Acies Acquisition, joined Yahoo Finance Live to discuss the Acies Acquisition SPAC IPO, the future of live entertainment, and his work helpin… [+9749 chars] More...