4 SPAC Deals $NSTB $NGAC $FAII $SVAC | SPACs Attack

Benzinga
•February 23rd, 2021
DESCRIPTION
In this episode, Mitch Hoch starts the week by covering four SPAC deals on his radar. $NSTB (Northern Star Investment Corp. II), which is soon to be merging with Apex Clearing Holdings LLC with an enterprise value of approximately US$4.7 billion. $NGAC (NextGen Acquisition Corporation) is another play on EVs, set to take Xos Trucks public in Q2. $FAII (Fortress Value Acquisition Corp. II) is merging with ATI Physical Therapy; transaction values ATI at an enterprise value of $2.5 billion and is expected to provide up to $645 million in cash proceeds. $SVAC (Starboard Value Acquisition Corp.), the stock is up on Monday after announcing a special purpose acquisition company (SPAC) merger with Cyxtera, giving an enterprise value of $3.4 billion for Cyxtera.
Hosts:
Mitch Hoch
Twitter: https://twitter.com/STORYInvestors
Chris Katje
Twitter: https://twitter.com/chriskatje
Spencer Isreal
Twitter: https://twitter.com/sjisrael
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