#SPAC Merger status as of 11/20. This shows SEC filing progression of all SPACs with a definitive agreement. New items from this week highlighted orange.
15 meetings (green) officially scheduled, see thread below for list ⤵️
As a reminder, I have aggregated the investor presentation data for SPACs w/ DAs and it's available at spactrack.net/daniel. Below are screens that are available.
It's important to keep in mind that projections are based on many assumptions that must be evaluated.
Thread ⬇️
SPACs offer a competitive advantage over IPOs for certain companies given the ability to make forward projections. This makes SPAC mergers ideal for early-stage growth or capital intensive companies in developing sectors.
Jan 1, 2021 • 13 tweets • 3 min read
Here’s a SPAC thread covering some basics for new followers. I will pin this to my profile if you want to share to anyone interested in SPACs.
SPAC timelines consist of these stages:
IPO – SPAC raises cash and begins trading as a unit. The cash is placed in Trust.
Searching phase – After IPO, the SPAC management team looks for a company to merge with. This is typically 24 months but can be shorter depending on the SPAC
Nov 28, 2020 • 18 tweets • 5 min read
Thank you all for the follows! 5K! Due to many new followers that may be new to SPACs, below is a mega thread to help with the basics, current environment, and other follows. I will pin this to my profile for this week if you want to share to anyone interested in SPACs.
SPAC timelines consist of these stages:
IPO – A SPAC raises cash and begins trading as a unit. The cash is placed in Trust
Searching – After IPO, the SPAC management team looks for a company to merge with. This is typically 24 months but can be shorter depending on the SPAC