Pershing Square Tontine Holdings, Ltd. S-1 Analysis Renowned activist investor, Bill Ackman, is gearing up to spearhead the largest SPAC IPO to date. Here are the key points from the SPAC’s S-1 statement filed earlier this week: IPO Terms: Company: Pershing Square Tontine Holdings, LTD CEO: William Ackman Continue Reading
Reverse Mergers
The Rise of SPACs Have you ever wondered how ordinary investors can partake in private equity-esque transactions in the public market? The answer is SPACs. The aforementioned acronym stands for Special Purpose Acquisition Company, which is a publicly traded company designed to locate a “target” company with hopes of Continue Reading
Vroom, Inc. Pre-IPO Profile
Vroom, Inc Pre-IPO Profile IPO Terms: Company: Vroom, Inc Proposed Symbol: VRM Exchange: Nasdaq Global Expected IPO Date: 6/11/20 CEO: Paul J. Hennessy # of employees (as of 3/31/30): 800 Offer Amount: $431.25 mm Proposed Price Range Per Share: $18-$20 Shares Offered: 21.5 mm Estimated Market Cap: $2.25 bn Continue Reading