SmileDirectClub Sues NBC for $2.8 Billion Over Alleged Errors and Defamation
By John Jannarone Orthodontics disruptor SmileDirectClub, Inc. (ticker SDC) filed a $2.8 billion defamation suit against Comcast Corporation's NBC Universal Media and reporter Vicky Nguyen, accusing the broadcast network and its journalists of deliberately using "inaccurate, misleading and defamatory...
GigCapital3, Inc. Announces Closing of $200,000,000 Initial Public Offering
PALO ALTO, Calif.–(BUSINESS WIRE)–GigCapital3, Inc. (NYSE: GIK.U) (the "Company" or "GigCapital3") today announced that it has completed its initial public offering of 20,000,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock...
Novus Capital Corporation Announces Pricing of $100 Million Initial Public Offering
NEW YORK–(BUSINESS WIRE)–Novus Capital Corporation (NASDAQ: NOVSU) (the "Company") announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The units will commence trading on May 15, 2020 on the Nasdaq Capital Market under...
PALO ALTO, Calif.–(BUSINESS WIRE)–First paragraph, third line of release should read: …are expected to trade under the ticker symbol "GIK.U" beginning Thursday, May 14, 2020. (instead of …are expected to trade under the ticker symbol "GIK.U" beginning today.). The corrected...
PALO ALTO, Calif.–(BUSINESS WIRE)–GigCapital3, Inc. (NYSE: GIK.U) (the "Company" or "GigCapital3") today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock and...
The IPO market may remain active in weeks to come despite coronavirus-fueled concerns, thanks mostly to successful deals by special purpose acquisition companies, or SPACs, that have a unique appeal to investors. That's according to IPO Edge Editor-in-Chief John Jannarone,...
Cannae Holdings, Inc. Announces Foley Trasimene Acquisition Corp. Filing of S-1
LAS VEGAS–(BUSINESS WIRE)–Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae") today announced that Foley Trasimene Acquisition Corp. ("FTAC") has filed a registration statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") relating to the proposed initial...
The IPO Market Has Barely Slowed Down – This Product Explains Why
Above: A Hydrogen Powered Truck from Nikola Corporation, Which Is Merging with VectoIQ Acquisition Corp. By John Jannarone Since the coronavirus crisis drove the market to multiyear lows, the flow of initial public offerings has ground to a veritable halt....
Roth CH Acquisition I Co. Announces Closing of $75,000,000 Initial Public Offering
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Roth CH Acquisition I Co. (NASDAQ: ROCHU) (the "Company") announced today that it closed its initial public offering of 7,500,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $75,000,000. The Company's...
GAN Limited to Ring the Nasdaq Stock Market Opening Bell in Celebration of its U.S. Initial Public Offering
LONDON–(BUSINESS WIRE)–$GAN–GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the Company's CEO Mr. Dermot S. Smurfit will ring the opening bell of...
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