Post-IPO and pre-LOI/business combination SPACs

Managed to get in at $13.93 after the mess on T212 at the start of trading yesterday. The Spac was completely unknown to me before the announcement.

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Yeah it was one of those older ones that 212 already had before this tracker thread began. Or perhaps they added in the massive November bulk job. But the IPO of HOL must have been pre-May 2020.

At this point there’s so many of them that it’s impossible to do meaningful research on all that deserve some attention.

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Yeah. I do wish I’d had the time to continue adding the additional details of value and sector target but was proving problematic.

There are plenty of online resources at a glance that provide this detail as well as teams behind the scenes and things. For example;

Specifically picks out the near to NAV ones.

Yep, I’m in that subreddit pretty much since its beginning and it’s the best source of collective knowledge and analysis. :+1:

But even there I did not encounter HOL much.

Pendrell’s TMT-focused SPAC Colicity files for a $275 million IPO

Management’s previous SPAC, Holicity (HOL), went public in August 2020 and recently announced a merger agreement with space launch company Astra.

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Z-Work certainly has my attention.

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Most recent updates;

NYSE:FUSE (Fusion Acquisition Corp.) - MoneyLion
NYSE:SFTW (Osprey Technology Acquisition) - BlackSky Holdings
NDAQ:GRNV (GreenVision Acquisition) - Helbiz
NDAQ:AACQ (Artius Acquisition) - Origin Materials
NDAQ:CMLF (CM Life Sciences) - sema4
NYSE:SNPR (Tortoise Acquisition Corp II) - Volta Charging
NYSE:IPV (InterPrivate Acquisition Corp) - Aeva
NYSE:SBG (Sandbridge Acquisition Corp) - Owlet
NDAQ:AHAC (Alpha Healthcare Acquisition Corp) - Humacyte
NYSE:PDAC (Peridot Acquisition Corp.) - Li-Cycle
NDAQ:FCAC (Falcon Capital Acquisition Corp) - Share Care Inc.
NYSE:VGAC (VG Acquisition Corp.) - 23andMe
NDAQ:DCRB (Decarbonization Plus Acquisition Corporation) - Hyzon (in talks)
NDAQ:CFAC.U (CF Finance Acquisition Corp. III) - AEye
NYSE:SPRQ.U (Spartan Acquisition Corp. II) - Sunlight Financial
NYSE:FRX (Forest Road Acquisition Corp.) - Beachbody and Myx Fitness
NDAQ:ALTU (Altitude Acquisition Corp.) - Aerion
NDAQ:NEBC (Nebula Caravel Acquisition Corp.) - RoverDotCom
NDAQ:GHVI (Gores Holdings VI, Inc.) - Matterport

It sounds interesting, although as with all SPACs the ā€œfoundersā€ gain too much ā€œfree moneyā€ from any deal, for my liking.

Would you be able to highlight this one when it gets added to T212?
If it is near its NAV then it could be quite interesting.

Propectus (SEC Filing):
https://www.sec.gov/Archives/edgar/data/1828438/000121390021005790/f424b4_zwork.htm

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What’s caught your eye on this one out of curiosity?

@EquityInvestor bloody reply button

I only checked it because Joey highlighted it, I only tend to look at SPACs that donĀ“t give ā€œfree moneyā€ to their founders. I only recall finding two like that, PSHT and Ribbit Leap (might have to confirm this one).

To be honest, I am no SPAC expert but the management section on the prospectus was interesting and it could be interesting if they target a platform that interacts with consumers and/or small businesses which is what their prospectus hints at. They are looking for something scalable and with a large addressable market. As always, its a good pitch but will they deliver? Who knows, in the current market even if they find a good target company it is likely to be very overpriced. We shall see.

Edit: This is in page 1 and page 5 of the prospectus (based on the page numbers stated - just in case you decide to count the pages)

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I’ll do my best to remember at the time. Interest me also so hopefully that’s a trigger.

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Thanks mate, I’ll give it a more detailed read. :ok_hand:

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@EquityInvestor @Jobloggs - ZWRK commons available today so hopefully getting added today or tomorrow.

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