New SPAC Watchlist Alert | SPACs Attack

Benzinga
•December 23rd, 2020
DESCRIPTION
SPACs Watchlist as 12 new SPACs Filed on Friday
These are some of my favorites from the list to put on your watchlist for when they are available: $PPGH $SWBK $STPC $VTIQ $BLTS
$BBVA
Catch The Full SPACs Attack Show Here: https://youtu.be/Ps97jsMrrJQ
Poema Global Holdings Corp $PPGH: This SPAC intends to raise $287.5 million with units that include one common share and one half of a warrant. The company is targeting the technology sector in Europe and Asia.$PPGH.
Switchback II Corp $SWBK: The second SPAC from the team behind Switchback Energy Acquisition Corporation plans to raise $250 million with units that will include one fifth of a warrant.
The company will focus on energy technology with a target company that can help reduce emissions. The first SPAC from the team is bringing ChargePoint, a charging infrastructure company, public. Shares of the new SPAC will trade on the NYSE as SWBK.
Star Peak Corp II $STPC: The second SPAC from the team behind Star Peak Energy Transition is seeking a target company in the sustainability and global emission reductions market. The team has experience leading companies like Kinder Morgan Inc and Sunnova Energy The SPAC is seeking to raise $350 million. Units will include one fourth of a warrant. Shares will trade on the NYSE as STPC.
VectoIQ Acquisition Corp II $VTIQ: The second SPAC from the team that brought Nikola Corporation public will be coming soon. The SPAC is seeking to raise $300 million with units that will include one third of a warrant.
The SPAC is targeting a company in the industrial technology, transportation or smart mobility sectors. Several former General Motors Corporation executives are attached to the SPAC.Shares will trade as VTIQ on the Nasdaq.
Bright Lights Acquisition Corp $BLTS: Targeting the consumer products, media, entertainment and sports sectors, this SPAC is seeking to raise $200 million. Units will include one half of a warrant. Common shares will trade as BLTS on the Nasdaq.
-Coinbase could be one of the hottest IPOs in 2021. The company last raised funds at an $8 billion valuation. Was valued at $1.7 billion in 2017. Reports are out that Coinbase could be valued at $28 billion. While you can’t buy shares of Coinbase today, I want to point out a publicly traded company that was an early investor in Coinbase.
The company to watch could be Banco Bilbao Vizcaya Argentaria , symbol BBVA. Company began investing in Coinbase back in 2015.
With the listing expected to price above the $8 billion valuation from its last round and see strong demand with the rise of Bitcoin, this funding could pay off nicely for BBVA.
#SPAC #SPACStock #Benzinga

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