September SPAC Merger Calendar: A Look At Upcoming Votes And Stocks To Watch

Benzinga2021-09-06

The month of September marks a slow down in deal votes after recent months but still offers up several well-known companies that will go public if their SPAC merger votes are approved.

SPAC merger votes can act as a catalyst as it completes the last step in the merger process and also changes the company over to a new name and ticker that can help build recognition.

Several former SPACs have also seen wide swings in their share price after being de-SPACed if they receive heavy redemption and have a low float for shares available.

  • Sept. 1:Chardan Healthcare Acquisition 2 Corp and Renovacor:Targeting cardiovascular and central nervous system diseases, Renovacor is an early-stage biotechnology company.
  • Sept. 1: Genesis Park Acquisition Corp and Redwire: The deal will bring to market a space infrastructure company that has more than 50 years of experience and over 150 missions flown. Redwire has enabled every mission to Mars, went to Pluto and landed on several asteroids.
  • Sept. 3: DeepGreen Metals and Sustainable Opportunities Acquisition Corp: DeepGreen is seeking to mine on the seafloor for metals that include nickel, cobalt, copper and manganese. The company does not expect revenue until 2024.
  • Sept. 9: BlackSky and Osprey Technology Acquisition Corp: BlackSkyis a real-time geospatial intelligence, imagery and data analytics company. The company has plans to add additional satellites in 2021 and reach a constellation of 30 high-resolution satellites in the future.
  • Sep. 9:Aria Energy and Archaea Energy with Rice Acquisition Corp: The new company Archaea Energy will be a proven and profitable business and an industry leader in the RNG industry with nine operating RNG projects and 13 operating electricity projects. Archaea has the world’s largest RNG plant currently under construction.
  • Sept. 10: Lilium and Qell Acquisition Corp: Lilium is an eVTOL company seeking to disrupt the market with a seven-seat jet that is among the leaders for passenger capacity, cargo space and unit economics. The Lilium jet has a range of 155 miles and can travel at speeds of 175 miles per hour.
  • Sept. 14: Nerdy and TPG Pace Tech Opportunities Corp: Nerdy is a direct-to-consumer platform focused on live online learning.
  • Sept. 14:Archer and Atlas Crest Investment Corp: Archeris an eVTOL company with the four-passenger Maker that can travel at speeds of up to 150 miles per hour and a range of 60 miles.
  • Sept. 14: Ginkgo Bioworks and Soaring Eagle Acquisition Corp: Ginkgo Bioworksis a leader in the cell programming market. The company’s technology is used in segments that include pharmaceuticals, industrials, food and agriculture, consumer and technology.
  • Sept. 15:Sarcos Robotics and Rotor Acquisition Corp: Sarcos Roboticsis an exoskeleton company spun off from Raytheon Technologies Corp. The company plans to bring automation to industries that couldn’t previously be automated.
  • Sept. 15: Vicarious Surgical and D8 Holdings Corp: Vicarious Surgicaldevelops disruptive technology with the goal of increasing the efficiency of surgical procedures and reducing healthcare costs. The company’s products have arms that replicate human motion and fit through a standard door, making it more portable and efficient than legacy robotic surgery offerings.
  • Sept. 16: KORE Wireless and Cerberus Telecom Acquisition Corp: KOREfocuses on managing and scaling Internet of Things solutions for customers. Segments for the company include smart meters, smart cities, fleet management and home security.
  • Sept. 21:MoneyLion and Fusion Acquisition Corp:MoneyLion is a fintech company that offers mobile banking, investing, salary advances and a credit builder program. The company has over 1.4 million customers and is also building out cryptocurrency offerings.
  • Sept. 22:Procaps Group and Union Acquisition Corp II: Procaps is a leading pharmaceutical company with a presence in 13 countries and one of the top softgel producers globally.
  • Sept. 22:Jasper Therapeutics and Amplitude Healthcare Acquisition Corp: Jasper Therapeuticsis focusing on its lead candidate JSP191 and its stem cell platform.
  • Sept. 28: IonQ and dMY Technology Group Inc III: IonQis a quantum computing company seeking to solve the world’s most complex businesses. The company said it can transform business, society and the planet for the better. Items such as how to live sustainably on our planet, how to cure diseases and how to efficiently move people or goods are problems that could be solved by quantum computing in the future.
  • Sept. 28:Roivant Sciences and Montes Archimedes Acquisition Corp: Roivantdevelops transformative medicines for itself and other companies. Roivant has more than 40 drugs in development including eight that have had positive Phase 3 studies.
  • Sept. 28:Benson Hill and Star Peak Corp II: Benson Hilluses artificial intelligence to create proprietary food innovations. The company’s CropOS can shave years off of traditional crop breeding, bring items to market faster and lower costs for partnered customers. Benson Hill also offers plant-to-plate traceability that can help validate sustainability to customers.
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