Prime SPAC Merger Information This Week: Bakkt, Lucid Motors, Proterra

The week could also be winding down, but it surely looks as if SPAC merger information continues to warmth up.

Supply: Shutterstock

In reality, this week introduced main strikes in additional than 9 particular function acquisition corporations. For traders much less acquainted with this world, SPACs are public corporations that merge with non-public corporations. Primarily, SPACs assist non-public companies keep away from the IPO course of. Importantly, following the pandemic selloff in March, traders have had an enormous urge for food for brand new choices. Meaning SPAC mergers have dominated the market.

This week was no totally different. Dive into the newest information with InvestorPlace beneath:

No. 1: Bakkt SPAC Merger Information

SPAC: VPC Influence Acquisition (NASDAQ:VIH)
Personal Firm: Bakkt

To kick off this week, traders realized that cryptocurrency alternate Bakkt can be coming public by way of VPC Influence Acquisition. Importantly, this information follows a sequence of all-time highs in quite a lot of cryptos like bitcoin (CCC:BTC).

So what else do traders must know? One different factor that stands out right here is the rising mainstream help for cryptos. This implies Bakkt may very well be coming public on the excellent time.

For extra, learn the InvestorPlace.com temporary on the Bakkt SPAC merger information right here.

No. 2: Lucid Motors SPAC Merger Information

SPAC: Churchill Capital IV (NYSE:CCIV)
Personal Firm: Lucid Motors

The Lucid Motors SPAC merger rumors could have been probably the most highly effective on Wall Road this week. After Bloomberg reported the EV maker was in talks with Churchill Capital, CCIV inventory began hovering. Though there may be nonetheless no affirmation of the deal, traders are fairly excited.

One factor to notice is that Lucid Motors is a stable EV play. It has the management of a former Tesla (NASDAQ:TSLA) engineer. It is also already about to begin delivering its signature Air all-electric sedan.

For extra, learn our InvestorPlace.com temporary on the Lucid Motors rumors right here.

No. 3: Buzzfeed SPAC Merger Information

SPAC: Supernova Companions Acquisition (NYSE:SPNV)
Personal Firm: BuzzFeed

BuzzFeed could also be about to money in on a sequence of digital media SPACs. In line with the rumors, the digital media empire is trying to come public. And if it does, it can permit traders entry to BuzzFeed, Tasty and the HuffPost manufacturers.

What else ought to you realize? Nicely, many specialists suppose a BuzzFeed SPAC is the following step earlier than extra media acquisitions. If the corporate comes public, it may snap up different manufacturers because it sees match.

For extra, learn our InvestorPlace.com temporary on the BuzzFeed SPAC merger information right here.

No. 4: Faraday SPAC Merger Information

SPAC: Property Options Acquisition (NASDAQ:PSAC).
Personal Firm: Faraday

Lucid Motors was not the one EV firm stirring up SPAC merger information this week. Faraday & Future, the corporate behind the all-electric FF 91, can be trying to come public.

So what else ought to you realize? One different fascinating take into consideration Faraday is that it’s engaged on autonomous automobile expertise. Meaning a Faraday SPAC merger would offer double publicity to the EV and AV developments.

For extra, learn our InvestorPlace.com temporary on the Faraday SPAC merger information right here.

No. 5: CarLotz Information

SPAC: Acamar Companions Acquisition (NASDAQ:ACAM)
Personal Firm: CarLotz

So what’s the information with the CarLotz SPAC merger? Nicely, traders have identified for a short while that the used-car firm is trying to come public by way of Acamar. Nonetheless, earlier this week, they bought an thrilling replace. Importantly, CarLotz introduced enlargement plans that make the deal much more thrilling. This announcement despatched ACAM inventory climbing.

For extra, learn our InvestorPlace.com temporary on the CarLotz SPAC merger information right here.

No. 6: Stem SPAC Merger Information

SPAC: Star Peak Vitality Transition (NYSE:STPK)
Personal Firm: Stem

Traders can thank Citron Analysis for the motion this week in Star Peak Vitality Transition and STPK inventory. Importantly, the blank-check firm is planning on bringing Stem public. And as Citron put it, that is probably the most fascinating various power deal since Tesla.

What does this imply for STPK? Nicely, Traders could know that Stem represents the world of power storage options. Which means because it comes public, will probably be coming into into a really eco-friendly market. With the inauguration of President-elect Joe Biden this week, search for extra beneficial properties in STPK shares.

For extra, learn our InvestorPlace.com temporary on the Stem SPAC merger information right here.

No. 7: AvePoint SPAC Merger Information

SPAC: Apex Know-how Acquisition (NASDAQ:APXT)
Personal Firm: AvePoint

So far as blank-check corporations go, AvePoint is a reasonably easy deal. The corporate is a regular software program agency, working with Microsoft (NASDAQ:MSFT) to supply information administration options for its cloud. Nonetheless, traders had been fairly bullish on APXT inventory earlier this week.

Why? Nicely, forward of the AvePoint SPAC merger closing, the businesses are happening a little bit of a publicity tour. As they achieve this, traders are eager for extra SPAC visibility and extra share-price beneficial properties.

For extra, learn our InvestorPlace.com temporary on the AvePoint SPAC merger information right here.

No. 8: Proterra SPAC Merger Information

SPAC: ArcLight (NASDAQ:ACTC)
Personal Firm: Proterra

Sure, there may be much more electrical automobile SPAC information from this week. Traders realized that Proterra, the maker of all-electric buses, is coming public by way of ArcLight. One fascinating factor about Proterra is that it appeals to a unique section of the transportation market. It is because it guarantees to impress public transit buses and college buses.

What else ought to you realize? Earlier in 2020, traders had been betting that Proterra was coming public by way of Qell Acquisition (NASDAQ:QELL). Sadly for QELL stockholders, that’s not the case.

For extra, learn our InvestorPlace.com temporary on the Proterra SPAC merger information right here.

No. 9: MoneyLion SPAC Merger Information

SPAC: GS Acquisition Holdings Corp II (NYSE:GSAH)
Personal Firm: MoneyLion

Simply as with the Lucid Motors SPAC rumors, there is no such thing as a affirmation of the MoneyLion deal. Nonetheless, as a result of the goal firm is a fintech specialist, GSAH inventory has been sizzling.

So what else do you should know? MoneyLion is yet one more fintech enterprise trying to shake up the standard banking trade. By its cell platform, it affords quite a lot of banking providers together with on-line banking and credit-building loans.

For extra, learn our InvestorPlace.com temporary on the MoneyLion SPAC merger information right here.

No. 10: Billtrust Information

SPAC: South Mountain Merger (NASDAQ:SMMC)
Personal Firm: Billtrust

This week, Billtrust closed its SPAC merger with South Mountain Merger. Because of this, the software program and built-in funds processing firm is now buying and selling beneath the ticker BTRS.

For extra, learn our InvestorPlace.com temporary on the Billtrust SPAC merger information right here.

No. 11: Lion Electrical SPAC Merger Information

SPAC: Northern Genesis Acquisition (NYSE:NGA)
Personal Firm: Lion Electrical

Traders possible know that electrical automobile play Lion Electrical is coming public by way of Northern Genesis. However what was behind the large transfer in NGA inventory this week?

Nicely, Lion Electrical CEO Marc Bedard went on Mad Cash forward of the SPAC merger. Seeing this as a very good publicity second for NGA inventory, many traders celebrated. Plus, with as many SPACs as there are proper now, it may be useful to spice up the visibility of a deal. Traders also needs to be aware that Northern Genesis shares are up almost 40% because the begin of the 12 months.

For extra, learn our InvestorPlace.com temporary on the Lion Electrical SPAC merger information right here.

No. 12: Talkspace SPAC Merger Information

SPAC: Hudson Govt Funding (NASDAQ:HEC)
Personal Firm: Talkspace

On Wednesday, traders realized that Talkspace is coming public by way of blank-check firm Hudson Govt. For these unfamiliar, Talkspace is a cell and on-line platform that connects licensed therapists with sufferers.

Why does this matter? Nicely, the telehealth platform boosts all kinds of advantages by way of comfort and price financial savings. Moreover, due to Covid-19, Talkspace and its friends have seen enterprise increase. Though the circumstances are unlucky, they set the stage for HEC inventory and an thrilling Talkspace SPAC merger.

For extra, learn our InvestorPlace.com temporary on the Talkspace SPAC merger information right here.

No. 13: Momentus SPAC Merger Information

SPAC: Steady Street Acquisition (NASDAQ:SRAC)
Personal Firm: Momentus

Traders is probably not extremely acquainted with the deal between Steady Street and Momentus. Nonetheless, SRAC inventory discovered itself within the highlight on Thursday. That’s as a result of Momentus is a so-called area towing firm, that means that it aids in area transportation. Proper now its prospects embody SpaceX and protection firm Lockheed Martin (NYSE:LMT).

So what had SRAC hovering? Ark Make investments introduced it was launching a brand new space-focused exchange-traded fund. To traders, SRAC inventory can be a very good match for the fund, driving a rally in all kinds of different area names as effectively.

For extra, learn our InvestorPlace.com temporary on the Momentus SPAC merger information right here.

No. 14: LiveVox SPAC Merger Information

SPAC: Crescent Acquisition (NASDAQ:CRSA)
Personal Firm: LiveVox

On Thursday, traders realized that LiveVox will come public by way of Crescent Acquisition. For these unfamiliar with the deal, LiveVox is a specialist in cloud-based communications. In different phrases, it helps join companies with brokers and customer support reps.

For extra, learn our InvestorPlace.com temporary on the LiveVox SPAC merger information right here.

No. 15: AST SpaceMobile SPAC Merger Information

SPAC: New Windfall Acquisition (NASDAQ:NPA)
Personal Firm: AST SpaceMobile

New Windfall Acquisition is one other beneficiary of the Ark Make investments information. Simply because the House Exploration ETF despatched SRAC inventory climbing, NPA inventory noticed beneficial properties on Thursday. It is because New Windfall is bringing AST SpaceMobile to the general public markets.

What else do you should know? AST SpaceMobile is probably not a family identify, however it’s a good match for an area exploration ETF. Primarily, the corporate is trying to create a cell communications community up in area. Speak about innovation!

For extra, learn our InvestorPlace.com temporary on the AST SpaceMobile SPAC merger information right here.

No. 16: VG Acquisition Information

SPAC: VG Acquisition (NASDAQ:VGAC)
Personal Firm: Unknown

Yep, you guessed it! VG Acquisition is yet one more beneficiary of the Ark Make investments information. With none affirmation of the fund constituents from govt Cathie Wooden, traders had been scrambling to seek out good matches. On that record was VG Acquisition, a blank-check firm from Sir Richard Branson and the Virgin Group.

What ought to you realize? Nicely, the largest half to this story is that VG Acquisition has not but recognized a merger goal. Nonetheless, the corporate mentioned it desires to concentrate on one of many success areas of Virgin Group. To some social media customers, that meant portfolio corporations Virgin Orbit and Virgin Hyperloop may very well be good matches. And if these SPAC merger rumors work out, VGAC inventory may discover itself a house within the new ARKX ETF.

For extra, learn our InvestorPlace.com temporary on the VG Acquisition SPAC merger information right here.

No. 17: Arrival SPAC Merger Information

SPAC: CIIG Merger (NASDAQ:CIIC)
Personal Firm: Arrival

Arrival and CIIC inventory have continued to captivate consideration since first saying their SPAC merger plans. That’s as a result of Arrival is yet one more fascinating electrical automobile maker. Particularly, the corporate is working to develop all-electric vans and buses for metropolis transportation.

So what occurred this week? Nicely, analysts at Wolfe Analysis initiated protection and set a $50 worth goal on shares. They commented available on the market alternative, microfactory mannequin and the institutional help that Arrival already has. This implies it’s best to positively hold CIIC inventory in your radar.

For extra, learn our InvestorPlace.com temporary on the Arrival SPAC merger information right here.

No. 18: Pink Sox SPAC Merger Information

SPAC: RedBall Acquisition (NYSE:RBAC)
Personal Firm: Fenway Sports activities Group

On Thursday, RBAC inventory was on the transfer after flying comparatively beneath the radar. That’s as a result of many traders imagine we’re nearing a Pink Sox SPAC merger. In different phrases, there may be hypothesis that RedBall Acquisition is taking Fenway Sports activities Group, proprietor of the Pink Sox staff, public. Plus, Fenway Sports activities group additionally owns the Liverpool Soccer Membership.

What else ought to traders know? To begin, there is no such thing as a affirmation of the deal. Nonetheless, if a Pink Sox SPAC merger does manifest, it will set a precedent for the sports activities world.

For extra, learn our InvestorPlace.com temporary on the Pink Sox SPAC merger information right here.

No. 19: Golden Nugget SPAC Merger Information

SPAC: FAST Acquisition (NYSE:FST)
Personal Firm: Golden Nugget

Billionaire Tilman Fertitta is as soon as once more making waves within the SPAC world. It is because on Thursday, Bloomberg reported he was wanting right into a merger for a few of his different restaurant and hospitality manufacturers. If the report is true, the Golden Nugget on line casino and Landry’s restaurant manufacturers would come public.

What else ought to traders know? If this all sounds acquainted, it’s as a result of Fertitta is the person behind Golden Nugget On-line Gaming (NASDAQ:GNOG). His on-line playing properties got here public by way of a blank-check firm just lately.

For extra, learn our InvestorPlace.com temporary on the Golden Nugget SPAC merger information right here.

On the date of publication, Sarah Smith didn’t have (both instantly or not directly) any positions within the securities talked about on this article. 

Sarah Smith is a Net Content material Producer with InvestorPlace.com. 

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