4 New SPAC Deals: 2 SPACs include Chamath Palihapitiya | SPACs Attack

Benzinga

Benzinga

February 24th, 2021

DESCRIPTION
On today's show, Chris Katje covers a few new SPAC deals, two of which are Chamath Palihapitiya investments. SPAC $AONE (ONE) announced an agreement with Markforged, a leader in additive manufacturing. $RTP (Reinvent Technology Partners) set to merge with Joby Aviation, a piloted fleet, all-electric, vertical takeoff, and landing passenger company; the deal will value the combined enterprise at roughly $6.6 billion. $RAAC (Revolution Acceleration) reported a merger with the AI developer Berkshire Grey; the transaction is expected to provide up to $413 million in cash proceeds, including a fully committed PIPE of $165 million anchored by Chamath Palihapitiya. $RMGB (Rmg Acquisition Corporation II) is taking India's leading renewable energy company "ReNew Power" public in a deal valuing the company at $8 billion; Chamath has a hand in this deal as well. Hosts: Mitch Hoch Twitter: https://twitter.com/STORYInvestors Chris Katje Twitter: https://twitter.com/chriskatje /////MORE STUFF TO CHECK OUT////// Benzinga Premarket Activity newsletter ➡️https://share.hsforms.com/1SoPsxeyZRGaNV52R_Z7CKQ1npzh Free stock market news ➡️ https://www.benzinga.com/ Benzinga merch ➡️ https://swag.benzinga.com/ Join Benzinga’s Free Chat ➡️ https://discord.com/invite/SSAWFYy Live education at Benzinga Boot Camp ➡️ http://bit.ly/BZBootCampFeb Get EXCLUSIVE ACCESS to Benzinga's Premium Products: https://www.benzinga.com/premium-products/ iTunes: itunes.apple.com/us/podcast/benzinga-tv Spotify: https://open.spotify.com/show/7dA6TuZpPoRDj3YyCPP7dn Soundcloud: soundcloud.com/bztv Stitcher: www.stitcher.com/podcast/benzinga-morning-show TuneIn: tunein.com/podcasts/Business--…nzinga-TV-p1006070/ Google Play: play.google.com/music/listen?u=0#…gd4pry47sjss2n2my Like the show? Keep up with all Benzinga news! Visit https://www.benzinga.com/ to subscribe to our newsletter Visit https://twitter.com/Benzinga to follow us on Twitter Visit https://www.facebook.com/Benzinga/ to like us on Facebook Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
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