DISRUPTIVE IPO's

RTP - Joby Aviation announced it has entered into a definitive business combination agreement with Reinvent Technology Partners. The transaction values the combined company at $6.6 billion. Joby Aviation is a California headquartered transportation company developing an all-electric vertical takeoff and landing aircraft which it intends to operate as a fast, quiet, and affordable air taxi service beginning in 2024. The zero emissions aircraft, which is quiet at takeoff and near silent when flying overhead, can transport four passengers and a pilot up to 150 miles on a single charge and can cruise at 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. The company expects to revolutionize how people move by unlocking the possibility to leapfrog over the gridlock below in its emissions-free vehicle, which can travel up to 150 miles at speeds up to 200 miles per hour. The aircraft is quiet in take-off and near silent when flying overhead.

Upon completion of the transaction, the combined company will be listed on the New York Stock Exchange under the new ticker symbol.

AONE - Markforged creator of an integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, announced it has entered into a definitive agreement to merge with One. Combined company expected to have equity value of approximately $2.1 billion. Markforged’s, AI-powered and intuitive additive manufacturing platform delivers tangible value to customers by solving demanding applications across key verticals, including industrial automation, aerospace, military and defense, space exploration, healthcare and medical and automotive. The platform seamlessly combines precise and reliable 3D printers with industrial-grade materials and cloud-based machine learning software, providing modern manufacturers with the resources to create more resilient and agile supply chains while saving time and money. Markforged invented a new industrial-grade process that replaces traditionally manufactured plastic, steel and aluminum end-use parts with both easy-to-print metal and the Company’s proprietary continuous Carbon Fiber Reinforced (CFR) composites. This solution is powered by an integrated modern software platform that continuously updates and learns via AI, driving faster innovation and deployment. The Company has a full suite of Industrial and Professional grade printers being sold to customers today, as well as more than 170 issued and pending patents. As adoption of these technologies continues to spread across the $13 trillion global manufacturing industry, the Company is well-positioned to become a critical partner to leading manufacturers of the future. Markforged’s products are already in 10,000 facilities across 70 countries. The industry has grown from $2 billion in 2012 to an expected $18 billion in 2021, and it is projected to reach $118 billion in 2029.  The transaction is expected to close in the summer of 2021.

Upon completion of the transaction, the combined company will be listed on the New York Stock Exchange under the ticker symbol “MKFG.”

RMGB - ReNew Power Private Limited, India’s leading pure-play renewable energy producer, and RMG Acquisition Corporation II announced, the execution of a definitive agreement for a business combination. The pro forma consolidated & fully diluted market capitalization of the combined company would be approximately $4.4 billion. ReNew is India’s leading renewable energy independent power producer (IPP), and among the top 15 largest renewable IPPs globally by capacity, with a portfolio of more than 100 operational utility-scale wind and solar energy projects spread across 9 Indian states. The Company also owns and operates distributed solar energy projects for more than 150 commercial and industrial customers across India. ReNew was the first Indian renewable energy company to cross commissioned capacity milestones of 1 gigawatt (GW) and 2 GW, and is presently the only company in the Indian renewable energy sector with over 5 GW of operational capacity. The Company currently has an aggregate capacity of close to 10 GW (including capacity already won in competitive bids). ReNew’s growth has been aided by stable cash flows, secured through long-term contracts with well-regarded counterparties. Currently, ReNew’s total utility-scale committed capacity is contracted under power purchase agreements (PPAs) with an average duration of more than 24 years. A bulk of these contracts are with central government agencies, such as the Solar Energy Corporation of India (SECI) and NTPC Limited. Over the last 10 years, ReNew has also forged a robust and well diversified network of suppliers, enabling adoption of the best technologies, at optimal cost, across its projects portfolio.

The transaction is expected to close in the second quarter of 2021.

Upon closing of the transaction, the combined company will remain on the Nasdaq Stock Market under the new ticker symbol “RNW”.

RAAC - Berkshire Grey (BG), a developer of integrated artificial intelligence (“AI") and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition Corp to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion. BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers. The Company’s powerful solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BG’s management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience. The Company has achieved strong momentum since emerging from stealth mode in 2018, propelled by the accelerating consumer shift toward e-commerce and the resulting need for retailers to adapt their supply chain and warehouse operations to meet consumer demands for better selection, lower prices, and faster shipping. Roughly 5% of warehouses are automated today, which highlights the substantial market opportunity for BG’s solutions. BG’s AI-enabled robotics solutions are scalable, adaptable and reliable, providing businesses with a holistic approach to automation of tasks that speed the flow of goods to consumers. The Company’s offerings bring together proprietary AI with differentiated hardware to create robotic picking systems and multiple types of robotic mobility systems, which are combined in an orchestrated fashion to drive operational efficiencies. Differentiated hardware includes full robots, sensing systems, gripping systems and machine vision systems. The intellectual property supporting BG’s market-leading solutions is protected by more than 300 patent filings. The transaction is expected to close during the second quarter of 2021.

Upon closing of the transaction, the combined company will remain on the Nasdaq Stock Market under a new ticker symbol.

GRSV - Ardagh Group S.A. a global supplier of infinitely-recyclable metal beverage and glass packaging for the world’s leading brands, and Gores Holdings V, Inc. announced that they have entered into a definitive business combination agreement. The combined company is expected to have an enterprise value of approximately $8.5 billion. Ardagh is a global leader in the supply of sustainable and infinitely-recyclable beverage cans. The Company has a leading presence in the Americas and Europe and is the second-largest beverage can producer in Europe and the third-largest in North America and Brazil. As the only pure-play beverage can company, AMP products touch billions of consumers worldwide. The Company believes that strong demand in traditional and new beverage categories coupled with environmentally-conscious end consumers are driving an inflection point in beverage can demand and the Company is well positioned to capitalize on these multifaceted growth opportunities. The Company has a compelling financial profile, with a clear and tangible growth trajectory backed by long-term customer contracts and expects to double Adjusted EBITDA from $545 million in 2020 to over $1.1 billion in 2024.

The transaction is expected to be completed in the second quarter of 2021

Upon closing of the transaction, the combined company will remain on the New York Stock Exchange  under the new ticker symbol “AMBP”.

TDAC - Trident Acquisitions Corp. and AutoLotto, Inc.  (“Lottery.com”), a leading online platform to play the lottery online or from a mobile device, have entered into a definitive agreement for a business combination. Lottery.com offers official state-sanctioned lottery games, like Powerball, Mega Millions and state games where permissible. Lottery.com is also the world’s largest provider of lottery data to over 400 digital publishers, including hundreds of digital newspapers, television and news sites, and major digital publishers such as Google, Verizon/Yahoo and Amazon’s Alexa devices.

Lottery.com has been a pioneer in the lottery industry, working closely with state regulators to advance the industry into the digital age. Through its online platform, Lottery.com provides official lottery games and enhanced regulatory capabilities by developing innovative blockchain technology, while also capturing untapped market share, including digitally native players. With the expected proceeds to be received by Lottery.com upon the closing of the transaction, Lottery.com would be well-positioned to accelerate its revenue growth through further expansion in its existing markets and into new high-growth markets both domestically and internationally. From 2016 to 2020, Lottery.com grew gross revenue at a compounded annual growth rate of 322%, and forecasts gross revenue equal to approximately $71 million in 2021, $280 million in 2022 and $571 million in 2023. Lottery.com is currently operating in 11 states across the U.S. and has plans to cover 34 states by the end of 2023. Lottery.com looks forward to announcing upcoming partnerships with significant room to expand into other countries, along with opportunities to grow deeper within its current footprint.

Upon closing of the transaction, the combined company will remain on the Nasdaq Stock Market under the new ticker symbol “LTRY.”

SVAC - Cyxtera Technologies, Inc., a global leader in mission-critical retail colocation and interconnection services, and Starboard Value Acquisition Corp. announced the signing of a definitive business combination agreement today. The merger implies an enterprise value of approximately $3.4 billion. Cyxtera has grown to become the largest privately held data center provider of retail colocation services globally. Today, the Company’s footprint of 61 data centers in 29 markets around the world serves more than 2,300 leading enterprises, service providers and government agencies, including Capgemini, Cognizant, Cloudflare, Fujitsu, HPE, Nvidia, and Zenlayer. Upon completion of the transaction, the combined company will be the third largest publicly held global provider of retail colocation and interconnection services. Cyxtera generated estimated revenues of $690 million and Adjusted EBITDA of $213 million in 2020, its first full year of stable operations following the completion of the carve-out, with a plan to drive significant revenue and EBITDA growth in the future.

Cyxtera provides an innovative suite of deeply connected and intelligently automated infrastructure and interconnection solutions to enterprise customers and leading service providers around the world – enabling them to scale faster, meet rising consumer expectations, and gain a competitive edge. As an industry leader with a presence in each of the world’s top 101 most important data center markets, Cyxtera delivers world-class performance, security, and reliability to its customer base, while also providing flexible solutions that meet their evolving IT infrastructure needs in hybrid IT environments. The Company’s API-driven, carrier-neutral platform is ideally suited to deliver a future-ready, extensible, scalable, and interconnected data center experience.The transaction is expected to close in mid-2021.

Upon closing of the transaction, the combined company will remain on the Nasdaq Stock Market under the new symbol “CYXT”

NSTB - Apex Clearing Holdings LLC the fintech for fintechs powering innovation and the future of digital wealth management, and Northern Star Investment Corp. II announced that they have entered into a definitive merger agreement. As a result of the transaction, which values the Company at a total enterprise value of approximately $4.7 billion. Apex provides fast, secure and reliable digital custody, clearing, real-time crypto solutions, fractional share-trading and other services to online brokerage firms, traditional wealth managers, wealth-tech platforms, professional traders and consumer brands. Apex’s fast, secure and reliable digital custody and clearing platform, Apex Clearing, is driving transformation of the financial services industry. Apex empowers its clients, which include online brokerages, traditional wealth managers, wealth-tech, professional traders, and consumer brands, among others, with instant account opening and funding, execution of trades across a wide array of asset classes, streamlined digital asset movements, as well as trade settlement and the safekeeping of customer assets. Apex’s paperless products and solutions serve as the infrastructure for a total addressable market of over $100 trillion in assets, of which the firm has approximately $100 billion under custody today. Year-to-date, Apex Clearing has provided custody for $14 billion in new assets. Apex is experiencing significant growth and momentum, now serving over 200 clients representing more than 13 million customer accounts, 3.2 million of which have been opened in 2021 alone, and more than 1 million new crypto accounts.

The transaction is expected to be completed in the second quarter of 2021

Upon closing of the transaction, the combined company will remain NYSE-listed  under the new ticker symbol, “APX”.

FAII - Fortress Value Acquisition Corp. II and ATI Physical Therapy, a portfolio company of Advent International  and the largest single-branded outpatient physical therapy provider in the United States, announced today that they have entered into a definitive merger agreement. Transaction values ATI at an enterprise value of $2.5 billion. ATI owns and operates nearly 900 physical therapy clinics across 25 states. The Company operates its business based on data and analytics, augmented by a relentless focus on delivering superior patient outcomes that exceed industry benchmarks and service excellence to its patient, provider and payor customers. ATI operates in the growing outpatient physical therapy segment of the musculoskeletal ("MSK") treatment industry, which represents an estimated $22 billion market, within a broader MSK treatment industry representing $300-$400 billion in total spend. The combination of a fast-growing market and transition to value-based healthcare has allowed ATI to execute a strategy of organic growth, accretive acquisitions and market-leading profitability in a highly fragmented industry. Since 2016, ATI has opened approximately 300 new clinics and acquired and integrated approximately 125 clinics. And with its EMR database of 2.5+ million patient cases, the Company believes it is uniquely equipped to not only deliver consistent, high-quality patient outcomes but also intelligently design and capitalize on value-based healthcare risk sharing arrangements.

The transaction is expected to be completed in the second quarter of 2021.

Upon closing of the transaction, the combined company will operate as "ATI Physical Therapy, Inc." and remain NYSE-listed under a new ticker symbol. 

NGAC - Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles and NextGen Acquisition Corp have entered into a definitive business combination agreement.  The combined company has an implied pro forma market capitalization of $2 billion. XOS set out to build a company whose mission was to decarbonize transportation through the design, engineering and development of purpose-built commercial vehicles. The aim was to provide customers a superior alternative to traditional fossil fuel vehicles. Customers which include UPS, Wiggins, Lonestar and Loomis, validating the durable and low-cost sustainable design. The merger allows Xos to expand its vehicle and battery manufacturing capacity, advance next generation battery and vehicle control systems, and add more Xos vehicles on the road. Demand in the last-mile commercial EV market is expected to grow at a 35% CAGR through 2040 as electric vehicles replace traditional fossil fuel vehicles, driven by new emissions standards, continued growth of e-commerce and the relocation of fulfillment centers to areas closer to consumers. Xos’ trucks are powered by its proprietary technology, developed to meet the needs of commercial fleets, and designed to achieve a TCO that is lower than traditional fossil fuel vehicles and other electric vehicle alternatives.

The Company offers Fleet-as-a-Service, a bundled package that provides vehicle ownership services to fleet operators for a fixed monthly fee, in coordination with partners such as DLL Group (financing services) and Dickinson Fleet Services (vehicle maintenance). The Fleet-as-a-Service package aggregates otherwise fragmented fleet service offerings and is projected to significantly increase Xos’ lifetime revenue per vehicle. The transaction is expected to be completed in the second quarter of 2021

Upon closing of the transaction the company is expected to be traded on The Nasdaq Stock Market under “XOS”.

RSVA - Enovix Corporation and Rodgers Silicon Valley Acquisition Corp. have entered into a definitive agreement and plan of merger for a business combination that will result in Enovix becoming a publicly listed company. The transaction reflects an estimated pro forma enterprise value for the combined company of approximately $1.128 billion.  Enovix is the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries with energy densities that are five years ahead of current battery technologies Enovix has designed, developed, and sampled advanced Lithium-ion batteries with energy densities five years ahead of current industry production. The company's first products include batteries with energy densities as high as 900 Wh/L. This breakthrough alters a 30-year trajectory of energy density improvements by the Li-ion battery industry, which is modest by the standards of Silicon Valley and Moore's Law. Unlike traditional "jelly roll" Li-ion batteries, Enovix products are encased in precision stainless steel and manufactured with a high-speed precision stacking process. This proprietary 3D cell architecture enables Enovix to use silicon as the only active lithium cycling material in the anode. he proceeds from this transaction will enable Enovix to build out its first two production facilities to support demand from blue chip customers in fast-growing mobile computing markets (wearables, mobile communications, PCs and AR/VR), totaling 1.78 GWh of capacity, while continuing to develop cells for EVs. The transaction is expected to be completed in the second quarter of 2021. 

Upon closing of the transaction, which is expected to occur in the second quarter of 2021, the company will be named Enovix Corporation and is expected to remain listed on the Nasdaq Stock Market under the new ticker symbol, "ENVX".  

CCIV - Lucid Motors which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV have entered into a definitive merger agreement. CCIV and Lucid are combining at a transaction equity value of $11.75 billion. The transaction values Lucid at an initial pro-forma equity value of approximately $24 billion at the PIPE offer price of $15.00 per share and will provide Lucid with approximately $4.4 billion in cash. Lucid is setting new standards in performance, range and efficiency, appealing both to customers and investors committed to a zero-emission future. The company's differentiated, proprietary EV technology, including its battery technology which is currently powering every vehicle in the world's leading EV racing series, is underpinned by a rich portfolio of patents. Lucid's EV technology suite was developed in-house, allowing Lucid Air to deliver outstanding efficiency with a projected range of over 500 miles on a single charge, ahead of all competitors on the market today. Lucid's AMP-1 facility can produce 34,000 vehicles annually, but with a total of three phases of expansion planned over the coming years, the site is expected to be capable of producing approximately 365,000 vehicles per year at scale. As a part of its vision, Lucid intends to leverage its technology portfolio and expertise in electrification to enable a broader societal transformation towards clean energy. Lucid sees compelling potential for use of its electric powertrain technology in other OEM vehicles as well as in the aerospace, heavy machinery and agricultural industries, and also recognizes adjacent opportunities for energy storage applications in the residential, commercial and utility sectors.  The transaction is expected to close in Q2 2021.

Upon closing of the transaction Lucid will be listed on the New York Stock Exchange under the new ticker symbol.

SFTW - BlackSky Holdings, Inc. a leading provider of real-time geospatial intelligence and global monitoring services, and Osprey Technology Acquisition Corp. have entered into a definitive agreement for a business combination. Pro forma equity value of the merger is expected to be nearly $1.5 billion. BlackSky is a first mover in real-time Earth observation leveraging the innovative performance and economics of small satellite constellations to deliver high revisit global monitoring solutions. BlackSky’s Artificial Intelligence/Machine Learning powered analytics platform derives unique insights from its constellation as well as a variety of space, IoT, and terrestrial based sensors and data feeds. BlackSky monitors global events and activities providing enhanced situational awareness for commercial and government customers worldwide. BlackSky has developed a fully integrated proprietary technology stack that includes a constellation of high-resolution small satellites that monitor global events and activities at high revisit rates, an AI and machine learning enabled software platform that tasks the constellation and translates data into actionable insights, a proprietary database that continually captures information on global changes, and an application layer that delivers on-demand solutions directly to the customer. BlackSky has five satellites in commercial operation and is scheduled to add an additional nine satellites to its constellation in 2021. The transaction is expected to close in July 2021.

Upon closing of the transaction BlackSky will be listed on the NYSE with the ticker symbol “BKSY”.

CAPA - Quantum-Si Incorporated a pioneer in next generation semiconductor chip-based proteomics, and HighCape Capital Acquisition Corp. have entered into a definitive business combination agreement. The pro forma equity value of the business combination is $1.460 billion. Quantum-Si has created the first next-generation protein sequencing platform with the goal of revolutionizing the growing field of proteomics. Our unique semiconductor chip has the power to decode the molecules of life, starting with proteins, and holds the potential to expand the scale of the genomics and proteomics market beyond that of next-generation DNA sequencing. QSi’s end-to-end solution, including Carbon and Platinum, which is on track to launch commercially in 2022 for research use, has the potential to significantly disrupt an existing addressable $21 billion market of pharmaceutical, academic research and drug discovery. The platform also may enable new diagnostic applications in healthcare.

The proposed business combination is expected to be completed in the second quarter of 2021.

Upon completion of the transaction, the combined company's Class A common stock is expected to be traded on The Nasdaq Stock Market (“Nasdaq”) under the symbol "QSI".

AHAC - Alpha Healthcare Acquisition Corp. announced execution of definitive business combination agreement with Humacyte Inc., a clinical-stage biotechnology platform company developing universally implantable bioengineered human tissue at commercial scale. Humacyte is a global leader in developing bioengineered tissues for use in regenerative medicine. Humacyte well-capitalized to provide first-in-class therapies to treat several life-threatening diseases. The innovative platform has the potential to support tissue repair, reconstruction and replacement without the limitations of existing standards of care. Humacyte’s bioengineered tissues can be produced at commercial scale and, after regulatory approval, are designed to be stored in hospitals and other surgical centers, and immediately available to surgeons whenever needed.Humacyte’s innovative biotechnology platform is aimed at solving intractable medical problems for (1) Patients: potential for lower risk of amputation and tissue rejection, elimination of waiting times, and reduced need for immunosuppression and additional surgeries; (2) Physicians: potential for better clinical outcomes and ease of use; (3) Payors: potential cost savings by avoiding amputations and infections, additional surgeries, medication and re-hospitalizations.

The transaction is expected to close in the second quarter of 2021.

Upon closing of the transaction the company is expected to be listed on the Nasdaq Capital Market under the ticker symbol “HUMA.”

AACQ - Origin Materials, the world’s leading carbon negative materials company, and Artius Acquisition Inc. announced a definitive agreement for a business combination that will result in Origin becoming a public company. Origin is the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials. An estimated 55% of global carbon emissions come from energy generation and transport, the other 45% come from the production of materials for consumer and industrial products. More than ten million barrels of oil per day are used to create materials, in the process releasing massive quantities of new carbon into the atmosphere. Origin’s vision for the future is to replace this oil use with non-food feedstocks and materials, while capturing carbon in the process. Origin’s patented, breakthrough platform technology can disrupt and decarbonize the materials industry, which represents $1 trillion market opportunity to revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting and toys. Derived from non-food sources (wood residue), Origin produces sustainable and recyclable carbon negative materials at a fraction of the cost of other bio-based technologies. AACQ - Origin’s technology can make “net zero” possible and support customers in meeting their ESG and decarbonization goals. The transaction is expected to close in the second quarter of 2021.

Upon closing of the transaction, the combined company will be named Origin Materials and remain listed on the Nasdaq under the new ticker symbol “ORGN.”

PDAC - Li-Cycle Corp, a commercial leader in lithium-ion battery resource recovery, and Peridot Acquisition Corp. sponsored by Carnelian Energy Capital, announced their entry today into a definitive business combination agreement. The pro forma equity value of the combined company is approximately $1.67 billion.  Li-Cycle is an industry-leading lithium-ion battery resource recovery company and the largest lithium-ion battery recycler in North America. Li-Cycle sits at the intersection of three core megatrends. 1) The electric vehicle revolution. 2) The supply shortage of strategic battery materials. 3) The need for a truly sustainable, ESG-friendly lithium-ion battery recycling solution, a critical missing step in the battery supply chain.

Li-Cycle utilizes its patented Spoke & Hub technologies to achieve the industry-leading recovery rate and produce the scarce battery materials underpinning the global growth in electric vehicle penetration. Legacy recycling technologies have largely relied on thermal operations, which can emit harmful emissions and result in lower recovery rates. Li-Cycle’s two-stage battery recycling model enables customers to benefit from a safe and environmentally friendly solution for recycling all types of lithium-ion materials. Li-Cycle’s patented technology is proven in the North American market as the leading way to recycle lithium-ion batteries and re-use recovered materials to make new batteries in a truly circular and sustainable manner. The transaction expected to close in the second quarter of 2021. 

Upon closing of the transaction, the combined company will be renamed Li-Cycle Holdings Corp. and will be listed on the New York Stock Exchange under the new ticker symbol “LICY.”

FCAC - Sharecare, the digital health company that helps people manage all of their health in one place, and Falcon Capital Acquisition Corp. have entered into a definitive merger agreement. Company has an initial pro-forma enterprise value of $3.9 billion. Sharecare unifies the person's health experience into one easy-to-use digital platform. Sharecare leverages innovations in consumer technology. Specifically the smartphone to create a frictionless experience that engages people across the dynamic continuum of their healthcare needs. By integrating fragmented point solutions and bringing together stakeholders across the healthcare ecosystem into one connected virtual care platform. Sharecare is uniquely positioned to transform the way people access, providers deliver, and employers and health plans administer high quality, cost efficient healthcare. The transaction is expected to close in the second quarter of 2021.

Upon closing of the transaction, the new company will become Sharecare, Inc. and be listed on NASDAQ under the ticker symbol "SHCR".

FUSE -  MoneyLion Inc, America’s leading digital financial platform, and Fusion Acquisition Corp. have entered into a definitive agreement which would result in MoneyLion becoming a publicly listed company. The combined Company will have an estimated post-transaction enterprise value of $2.4 billion. 

MoneyLion uses the power of technology to empower hard-working Americans to take control of their finances and achieve their life goals. MoneyLion’s data-driven, digital financial platform provides access to a comprehensive suite of products that help members bank, borrow, save, invest, and grow all in one app. Products include:

RoarMoney - Modern mobile banking that enables members to get paid up to two days early and manage their day-to-day spending, with no hidden fees, cashback rewards, and robust security controls.

Investing -  Full featured, automated investing tools with a variety of investment options, including ESG portfolios, so members can invest in strategies that match their personal preferences. 

Instacash - Interest-free salary advances with no monthly fees to help members bridge short-term timing gaps in their income, enabling them to pay their bills on time or cover unexpected expenses without incurring costly overdraft fees. 

Credit Builder Plus - A program designed to help members build or rebuild their credit – more than half of the members in this program increase their credit score by 60 points in the first 60 days. The transaction is expected to close in the first half of 2021. 

Upon closing of the transaction, Fusion will be renamed MoneyLion Inc. and is expected to remain listed on the New York Stock Exchange.

THCB - Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles, announced that they have entered into a definitive merger agreement. Estimated pre-money equity value of $2.1 billion and post-transaction equity value of approximately $3 billionMicrovast develops disruptive battery technologies for commercial and specialty vehicles, with research and development and production capabilities that span battery materials, multiple battery cell chemistries, modules and packs. The Company’s lower-cost batteries are designed specifically for commercial electric vehicles (EVs) that feature best-in-class fast-charging capabilities, high energy density, significantly longer cycle life and proven safety performance.The transaction is expected to be completed in the second quarter of 2021Upon the closing of the transaction, the combined company will be named Microvast Holdings, Inc., and is expected to be listed on the Nasdaq Stock Market under the new ticker symbol “MVST.”
 

ALUS - FREYR AS, a Norway-based developer of clean, next-generation battery cell production capacity, announced that it will become a publicly listed company through a business combination with Alussa Energy Acquisition Corp. The transaction represents a pro forma equity value of $1.4 billion for the combined company upon closing which will be named “FREYR Battery”. FREYR is targeting development of up to 43 GWh of battery cell production capacity in Norway by 2025 to position the Company as one of Europe’s largest battery cell suppliers. FREYR expects to deliver safer, higher energy density and lower cost clean battery cells made with renewable energy from an ethically and sustainably sourced supply chain. The Company’s ambition is to become the battery cell producer with the lowest lifecycle carbon footprint in the world. The transaction is expected close in the second quarter of 2021.

Upon completion stock is expected to start trading on the New York Stock Exchange under the ticker symbol "FREY".

TSIA - Latch, Inc. maker of the full-building enterprise software-as-a-service (SaaS) platform LatchOS, and TS Innovation Acquisitions Corp. launched by leading real estate owner, developer, operator and investment manager Tishman Speyer Properties, L.P. announced that they have entered into a definitive merger agreement that will result in Latch becoming a publicly listed company. Founded in 2014, Latch is an enterprise SaaS provider to buildings and residents that makes spaces better places to live, work and visit. From the beginning, Latch has worked hand-in-hand with many of the country's largest real estate owners as partners and investors including Tishman Speyer, Brookfield, and more. The Company has booked over 300,000 units across more than 35 states, with one in ten new multifamily apartments in the United States built with Latch in 2019.

The transaction values the Company at an equity value of $1.56 billion post-money and is expected to close in the second quarter of 2021

Upon closing, Latch's common stock is expected to trade on NASDAQ under the ticker symbol "LTCH".

WPF -   Alight Solutions a leading cloud-based provider of integrated digital human capital and business solutions, and Foley Trasimene Acquisition Corp.  announced that they have entered into a definitive business combination agreement. Alight is a Leading Cloud-Based Provider of Integrated Digital Human Capital and Business Solutions, Serving More than 30 Million People and their Families. Alight Serves 70% of the Fortune 100 and 50% of the Fortune 500 with Long-Term Contracts. The transaction reflects an implied pro-forma enterprise value for Alight of approximately $7.3 billion at closing and is expected to close in the second quarter of 2021.

Upon closing of the transaction, the combined company will operate as Alight, Inc. and plans to list under the symbol "ALIT".

CLII -   EVgo, an industry-leading builder, owner and operator of DC fast charging for electric vehicles in the U.S., has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation. 

Pro forma implied equity value of the combined company of $2.6 billion. EVgo is the nation’s largest public fast charging network for electric vehicles and the first to be powered by 100% renewable electricity. With more than 800 fast charging locations in 67 major metropolitan markets across 34 states, EVgo owns and operates the most public fast charging locations in the U.S. and serves more than 220,000 customers. The transaction is expected to close in the second quarter of 2021. 

Upon closing, the combined entity is expected to be listed under the new ticker symbol “EVGO”.

ACTC -   Proterra Inc a leading innovator in commercial vehicle electrification technology, announced that it will become publicly listed through a transaction with ArcLight Clean Transition Corp. The transaction represents an enterprise value of $1.6 billion for Proterra. The transaction is expected to deliver approximately $648 million in cash at closing supported by a $415 million PIPE at $10.00 per share. The company said it generated $193 million of expected 2020 revenue.  Proterra has three complementary businesses.  Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers.

Proterra Transit: Leading North America as the market's #1 electric transit bus OEM.

Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

Upon closing, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol "PTRA".

VIH -  Bakkt Holdings, LLC and VPC Impact Acquisition Holdings  announced that they have entered into a definitive agreement for a business combination that will result in Bakkt becoming a publicly traded company with an enterprise value of approximately $2.1 billion. 

Bakkt is a provider of institutional and retail solutions for digital assets. Since its founding nearly three years ago, Bakkt has been at the forefront of new innovations enabling institutions and consumers to buy, sell, store and spend digital assets. Bakkt’s differentiated and disruptive platform, soon to be made widely available through the new Bakkt App, will enable incremental consumer spending, reduce traditional payment costs and bolster loyalty programs

The business combination is expected to close in the second quarter of 2021.

The combined company will be renamed Bakkt Holdings, Inc. and will be listed on the New York Stock Exchange.

ACEV -  Achronix Semiconductor Corp said on Thursday it has agreed to go public through a merger with ACE Convergence Acquisition Corp in a $2.1 billion deal.

Founded in 2004, Achronix supplies field programmable gate arrays (FPGA), the electronic components used to build reconfigurable digital circuits, for use in 5G equipments and cloud computing. Intel Corp and Xilinx also make FPGA circuits. The deal is expected to be completed by the end of the first half of 2021, pending approvals.

The combined company, which is expected to be listed on the Nasdaq under the symbol “ACHX”.

The deal is expected to be completed by the end of the first half of 2021, pending approvals.

STIC -  Barkbox, Inc., a leading global omni-channel brand for dogs, announced with Northern Star Acquisition Corp. that  agreement. As a result of the transaction, which values the Company at an enterprise value of approximately $1.6 billion. Founded in 2012, BARK loyally serves dogs nationwide with monthly subscription services, BarkBox and Super Chewer; a curated e-commerce experience on BarkShop.com; custom collections via its retail partner network, including Target and Amazon; wellness products that meet your dogs' needs with BARK Bright; and a personalized meal delivery service for dogs BARK Eats.  BARK has served more than 3 million dogs, shipped over 18 million BarkBox and Super Chewer boxes with more than 135,000 custom configurations each month and cultivated an engaged community of more than 8 million social media followers. 

Upon closing BARK will become a publicly listed company on the New York Stock Exchange under the new ticker symbol, “BARK” 

THBR - indie Semiconductor, a next generation automotive semiconductor and software innovator, and Thunder Bridge Acquisition II, Ltd. have entered into a definitive agreement for a business combination that would result in the combined entity continuing as a publicly listed company.  The transaction reflects an implied equity value for the combined company of roughly $1.4 billion. indie is at the forefront of disruptive automotive megatrends spanning ADAS/Autonomous, Connectivity, User Experience and Vehicle Electrification. Today, indie’s automotive semiconductor portfolio addresses a $16 billion market, according to IHS, which is expected to exceed $38 billion by 2025 driven by strong demand for silicon and software content in automobiles. indie’s best-in-class, mixed signal system-on-a-chip (SoC) solutions are currently on 12 Tier 1 approved vendor lists, contributing to a strategic backlog position of more than $2 billion, defined as projected revenues based on existing contracts, design and pricing terms and historic production trends. 

The transaction is expected to be completed in the first quarter of 2021. Upon closing of the transaction, the combined operating entity will be named indie Semiconductor, Inc. and will be listed on the Nasdaq Stock Market under the ticker symbol "INDI".

CLA - Ouster, Inc. a leading provider of high-resolution digital lidar sensors for the industrial automation, smart infrastructure, robotics, and automotive industries, and Colonnade Acquisition Corp. announced their entry into a definitive merger agreement. Pro forma implied enterprise value of ~$1.6 billion and fully diluted pro forma equity value of ~$1.9 billion. Ouster’s digital lidar now allows for low-cost customization that enables broad industry applications while maintaining a streamlined manufacturing process designed for scalability. With over 75 wse-edgar?Ccombinations of range, field of view, and resolution configurations, Ouster has one of the most complete lineups of lidar sensors on the market today. Its sensors are currently used by hundreds of customers globally, providing vision to autonomous vehicles and robots in applications ranging from mining and construction to cars and trucks, to smart city infrastructure.

 The transaction is expected to be completed in the first half of 2021. Upon closing of the business combination, the combined company will operate as Ouster, Inc., and is expected to remain listed on the NYSE under the ticker symbol “OUST”.

CMLF - Sema4, an AI- and machine learning-driven patient-centered genomic and clinical data intelligence company, and CM Life Sciences announced they have entered into a definitive business combination agreement.

Sema4 is a purpose built and rapidly growing, patient-centered genomic and clinical data insight platform company. Leveraging world leading data scientists using artificial intelligence and machine learning, the company is powering remarkable and unique insights that transform the practice of medicine and how disease is diagnosed, treated, and prevented. Sema4 today has established the largest, most comprehensive, and fastest growing integrated genomic & clinical data platform. Sema4 has established its platform in partnership with patients, healthcare providers and a far-reaching ecosystem of life science industry contributors. Sema4’s database includes more than 10 million patient genomic profiles and de-identified clinical records, integrated and delivered in a way that enables physicians to proactively diagnose and manage disease. The virtuous cycle of data helps improve decision making but also accelerates the development of next generation diagnostic tools and therapeutics. The transaction  is expected to be completed in the second quarter of 2021.

Upon closing of the transaction, CM Life Sciences will be renamed and its common stock will be listed on the Nasdaq global market under a name and a ticker symbol to be announced at a later date. 

ACIC - Archer, a leading Urban Air Mobility company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. announced they have entered into a definitive agreement for a business combination. Pro forma equity value of the merger is expected to be approximately $3.8 billion. Archer’s mission is to advance the benefits of sustainable air mobility and become the leader in the new era of UAM, a $1 trillion plus market, according to leading industry research. Archer is developing the world’s first commercially viable all-electric UAM platform that will move people throughout the world’s cities in a fast, safe, sustainable, and cost-effective manner. The fully electric vertical takeoff and landing aircraft is expected to be capable of traveling distances of up to 60 miles at 150 mph using technology available today and will transform how people approach everyday life, work and adventure, while benefiting the environment and a future zero emissions world. United Airlines has entered into an agreement to invest in Archer as part of the airline’s broader effort to partner with leading technology companies that will decarbonize air travel. Under the terms of the agreement, United has placed an order, subject to United’s business and operating requirements, for $1 billion of Archer’s aircraft, with an option for an additional $500 million of aircraft. United, in partnership with Mesa Airlines, could give customers a quick, economic and low-emission way to get to airports within its major hubs by 2024. The transaction  is expected to be completed in the second quarter of 2021.

Upon closing Archer will be listed on the NYSE with ticker symbol “ACHR.”

DCRB - Hyzon Motors Inc. the industry-leading global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, and Decarbonization Plus Acquisition Corporation  announced a definitive agreement for a business combination. Pro forma implied enterprise value of the combined company of $2.1 billion. 

Hyzon is a differentiated, pure-play, independent mobility company with an exclusive focus on hydrogen in the commercial vehicle market. The Company's proven and proprietary hydrogen fuel cell technology enables zero emission, fleet based, commercial transport at competitive performance as measured against both traditional fuel sources and other alternative vehicle power sources. Through its partnerships with market-leading suppliers and manufacturers, and the Company's commercial relationships with retailers, consumer goods companies, natural resource firms and governments, Hyzon has rapidly expanded its commercial reach with supply agreements to customers around the world. With a demonstrated technology advantage, leading fuel cell performance and a history of rapid innovation, Hyzon is catalyzing the adoption of hydrogen heavy vehicles. 

The transaction is expected to occur in the second calendar quarter of 2021. Upon closing the company will be listed on the NASDAQ.

SNPR - Volta Industries Inc., an operator of public electric vehicle charging infrastructure, and Tortoise Acquisition Corp. II  plan to merge. The pro forma enterprise value of the combined company is expected to be approximately $1.4 billion. Volta's charging stations feature large eye-catching digital displays that function as a sophisticated media network, providing brands a way to reach millions of shoppers moments before they enter a store. These sponsor-supported charging stations provide energy to customers who are able to plug in their vehicles where and when they shop. Volta's business partners who choose to have Volta charging stations installed report an increase in spend, dwell time and engagement on site. Currently located in 23 states and over 200 municipalities, Volta's approach has gained significant acceptance and penetration in the market. 

The transaction is expected to close late in the second quarter of 2021.

Upon the closing of the transaction, the combined entity will be named Volta Inc. and remain on the New York Stock Exchange under the new ticker symbol "VLTA."

VCVC - REE Automotive Ltd. and 10X Capital Venture Acquisition Corp announced they have entered into a merger agreement for a business combination that would result in REE becoming a publicly listed company. Pro forma equity value of the merger is approximately $3.6 billion and pro forma enterprise value of $3.1 billion. REE is a unique, horizontally integrated e-Mobility player targeting a $700 billion total addressable market, encompassing EVs ranging in size from Class 1 through Class 6, for commercial and Mobility-as-a-Service (“MaaS”) applications. REE’s fully-flat and modular EV platforms are based on proprietary REEcorner technology, positioned to become the cornerstone of next-generation e-Mobility. REE’s fully-flat and modular EV platforms are based on proprietary REEcorner technology, positioned to become the cornerstone of next-generation e-Mobility. REE’s innovative technology enables fully-flat and modular EV platforms that can carry more passengers, cargo and batteries as compared to conventional electric vehicles.  REE has an orderbook comprised of signed indications of interest for over 250,000 platforms, representing 27% of their total cumulative expected revenue of $19.1 billion by 2026. The transaction is expected to be completed by the end of the first half of 2021. 

Upon closing the company will be listed on the NASDAQ under the ticker “REE”.

HOL - Astra and Holicity Inc announced a definitive business combination agreement that will result in Astra becoming a publicly-traded company. The transaction reflects an implied pro forma enterprise value for Astra of approximately $2.1 billion. Astra's mission is to observe, connect, and enrich life on Earth by providing the space ecosystem with frequent, reliable, and on-demand launch services. Composed of a talented team of engineers, designers, fabricators, and operators, Astra is committed to reshaping how the space industry works. By offering dedicated, point-to-point space delivery, Astra is enabling a wave of innovation in low Earth orbit. The rocket start-up in December became the latest private company to reach space after its Rocket 3.2 vehicle launched from Kodiak, Alaska. Astra says it has over 50 launches on its manifest, spanning 10 corporate and government customers including NASA and the Pentagon, with $150 million of booked launch revenue under contract. The transaction is expected to be completed in the second quarter of 2021. 

Upon closing the company will be listed on the Nasdaq with the symbol "ASTR".

ACAC - PLAYSTUDIOS, Inc. an award-winning developer of free-to-play casual games for mobile and social platforms that offer real-world rewards to loyal players, and Acies Acquisition Corp. announced that they have entered into a definitive merger agreement that will result in PLAYSTUDIOS becoming a publicly listed company. Transaction Values PLAYSTUDIOS at Approximately $1.1 Billion. PLAYSTUDIOS has developed a portfolio of beautifully designed, top-ranked games that have attracted a loyal following due, in part, to the company’s unmatched playAWARDS Loyalty Program. The program lets players earn real-world rewards from a curated collection of over 80 partners and 275 entertainment, retail, travel, leisure, and gaming brands. The transaction is expected to close during the second quarter of 2021.

Upon the closing of the transaction, the combined company will be named PLAYSTUDIOS and remain listed on Nasdaq under the new ticker symbol “MYPS”.

SAII - Otonomo Technologies, Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II announced they have entered into a definitive agreement for a business combination. The transaction implies an equity value of approximately $1.4 billion. Otonomo has developed a robust suite of SaaS offerings that provide data consumers with additional capabilities and vertically specific applications. Privacy by design and neutrality are at the core of Otonomo’s platform, which enables GDPR, CCPA, and other privacy-regulation-compliant solutions using both personal and aggregate data. Otonomo vehicle data is being utilized by organizations and businesses across diverse areas, including, but not limited to fleet management, insurance, in-vehicle management, emergency services, mapping, electric vehicle (EV) management, subscription-based services, parking, predictive maintenance, in-vehicle services, traffic management and smart cities. The transaction is expected to close in the second quarter of 2021.

Upon closing of the transaction, the combined company will operate under the Otonomo name and will be listed on Nasdaq under the new ticker symbol “OTMO”.

LACQ - Leisure Acquisition Corp. has entered into a definitive agreement to acquire Ensysce Biosciences, Inc. The transaction reflects an enterprise valuation for Ensysce of $207 million. Ensysce is a clinical-stage drug company that is developing an innovative new class of powerful, tamper-proof prescription medicines that seek to prevent both drug abuse and drug overdoses. Ensysce's drug portfolio, consisting of TAAP™, which has been granted "Fast Track" status, and MPAR™, spans an approximate $9 billion and an approximate $13 billion Pain & Addiction and ADHD market, respectively, in the United States. With several drugs in the pipeline, Ensysce seeks to achieve approximately 20% of the branded opioid market in the United States by 2030. The transaction is expected to close in the second quarter of 2021.

Upon closing, Leisure intends to change its name to Ensysce Biosciences, Inc. and remain on the Nasdaq Capital Market, listed under the new ticker symbol "ENSC".

NPA -  AST & Science LLC (“AST SpaceMobile”), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it has entered into a business combination agreement with New Providence Acquisition Corp. AST SpaceMobile’s low latency, space-based platform will allow hundreds of millions of people across the world to access high-speed, cellular broadband service in areas where there was previously no such service. AST wants to launch a constellation of 20 satellites to connect 4G and 5G smartphones without any special hardware. Vodafone is understood to be looking to enable connectivity for Vodacom, Safaricom and its own Vodafone brands.The combined company will have an implied pro forma enterprise value of approximately $1.4 billion and is expected to have an equity value of approximately $1.8 billion at closing.

Upon closing of the transaction, AST SpaceMobile will become a publicly traded company, and it is expected that its common stock will be listed on the NASDAQ exchange under the symbol “ASTS”  

TPGY -  TPG Pace Beneficial Finance Corp. announced it has entered into a definitive agreement with ENGIE New Business S.A.S., a wholly owned subsidiary of ENGIE S.A. (“Engie”), a multi-national utility with headquarters in France, to acquire its subsidiary EV Charged B.V. (the “Company”, “EVBox” or “EVBox Group”) for a combination of cash and equity. EVBox is a leading global provider of smart charging solutions for electric vehicles (“EV”) with Europe’s largest installed base of charging solutions and the most advanced cloud-based software offering. The business combination values EVBox at an implied $969 million enterprise value. Upon transaction closing, and assuming no redemptions by TPG Pace stockholders, EVBox is expected to have approximately $425 million in cash, and a total pro-forma equity value of approximately $1.394 billion. The transaction is expected to close late Q1 2021. Its common shares and warrants are expected to be listed on the New York Stock Exchange (the “NYSE”) under the ticker symbols “EVB”  

GIK -  Lightning eMotors a leading provider of complete electrification solutions for commercial fleets, and GigCapital3, Inc. announced they have entered into a definitive agreement for a business combination that will result in Lightning eMotors becoming a publicly listed company. The business combination values Lightning eMotors at approximately $823 million pro forma equity value, at $10.00 per share. Lightning eMotors is the market share leader in Class 3-7 zero-emission vehicles and is the only manufacturer with a full line of battery and fuel cell zero-emission commercial vehicles on the road with blue-chip customers.  The deal is expected to close in the first half of 2021.

Upon closing of the transaction, the combined operating company will be named Lightning eMotors, Inc. and will be listed on the New York Stock Exchange under the ticker symbol "ZEV".

BFT -  UK fintech company Paysafe has agreed to merge with Foley Trasimene Acquisition Corp, a payments platform, in a deal with a pro-forma enterprise value of about $9 billion. Paysafe operates a consumer and merchant payment network, enabling businesses and consumers to transact through payment processing, digital wallet and online cash systems. The company has processed nearly $100 million of payment volume.  They have acquired competitors Neteller and Skrill to increase market share against prodigious rivals Stripe and Paypal. The deal is expected to close in the first half of 2021.  

Once the deal has closed, the new company will be renamed Paysafe and list on the New York Stock Exchange under the ticker "PSFE."

NGA -   Electric-vehicle maker Lion Electric Co going public through a merger with Northern Genesis Acquisition Corp.

The deal, which is expected to create a company with a market value of about $1.9 billion, is likely to close in the first quarter of 2021. Lion Electric expects to receive about $500 million of net cash 

  Lion offers seven purpose-built electric truck and bus models available for purchase today and which are being delivered from its existing 2,500 vehicle per year manufacturing facility. With Lion buses on the road today and initial truck deliveries in process, Lion expects to quickly ramp up with 650 truck and bus deliveries planned for 2021  The transaction is expected to close in the first quarter of 2021, the combined company is expected to be listed on the New York Stock Exchange under the symbol “LEV”.

APXT -   AvePoint, Inc. the largest data management solutions provider for the Microsoft cloud, announced today that it has entered into a definitive business combination agreement with Apex Technology Acquisition Corporation.  The transaction, valuing the combined company at an equity value of approximately $2 billion on a pro forma basis after giving effect to the PIPE and assuming minimal Apex stockholder redemptions, is expected to close in the first quarter of 2021. Upon closing the transaction, it is expected that the combined company will be named AvePoint and will remain a publicly traded company listed on the Nasdaq Stock Market under a new ticker symbol, “AVPT.”  

INAQ -  Metromile, Inc., the leading digital insurance platform and pay-per-mile auto insurer, and INSU Acquisition Corp. II announced that they have entered into a definitive business combination that will result in Metromile becoming a publicly listed company.  Transaction Includes Commitment for $160 Million PIPE Led by Social Capital, Joined by Investors Including Miller Value, Clearbridge, Hudson Structured, Mark Cuban, and New Enterprise Associates. Approximately $1.3 Billion Combined Company Pro Forma Implied Market Cap.

Upon closing of the transaction, the combined company will be named Metromile, Inc. and is expected to remain listed on NASDAQ under the new ticker symbol “MLE”.

NBAC - Green energy technology company Nuvve Corporation, the global leader in vehicle-to-grid (V2G) technology, and Newborn Acquisition Corp. announced the signing of a definitive merger agreement to take Nuvve public. The companies today also announced the signing of definitive purchase agreements with institutional investors for the investment of approximately $18 million in the combined company through a PIPE and bridge financing.   Newborn is combining with Nuvve at a transaction value of approximately $102 million, subject to closing adjustments. As consideration for the business combination, 10.17 million shares will be issued or reserved for issuance to existing Nuvve stockholders and option holders, based on a value of $10.00 per share. 

Upon closing of the business combination, the combined company will be named Nuvve Holding Corp. (“Nuvve Holding”) and is expected to remain listed on Nasdaq under the ticker symbol “NVVE”. 

LGVW -    Butterfly Network, Inc. innovative digital health company that is working to enable universal access to superior medical imaging, and Longview Acquisition Corp.  announced that they have entered into a definitive business combination agreement. The transaction values Butterfly at an enterprise value of approximately $1.5 billion and is expected to deliver up to $589 million of gross proceeds, including up to $414 million of cash held in Longview's trust account (assuming no redemptions are effected). The transaction is further supported by a $175 million PIPE at $10.00 per share.  The transactions are expected to close in the first quarter of 2021. Upon closing, the combined company's Class A common stock is expected to be traded on the New York Stock Exchange ("NYSE") under the symbol "BFLY."
 

 CIIG -  British electric van startup Arrival has agreed to merge with CIIG Merger Corp  The transaction values the combined company at an enterprise value of US $5.4 billion and is expected to provide approximately US $660 million in gross cash proceeds to the Company. As part of the transaction, CIIG raised a US $400 million fully committed common stock PIPE. Arrival is producing EVs competitive in price with fossil fuel alternatives and substantially lower than comparable EVs. Arrival has signed contracts with total order value up to US $1.2 billion and its first products are planned for production in Q4 2021.   The transactions are expected to close in the first quarter of 2021.  The newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL”
 

 ROCH -  Roth CH Acquisition I Co. and PureCycle Technologies a leading innovator in polypropylene recycling, announced today that they have entered into a definitive merger agreement for a business combination.Additionally, ROCH today entered into definitive purchase agreements for a $250 million common stock PIPE transaction.  Estimated post-transaction equity value of approximately $1.2 billion and gross cash proceeds of approximately $700 million The transactions are expected to close in the first quarter of 2021.  Upon closing of the transaction, the newly created holding company will be re-named “PureCycle Technologies, Inc.” and will be listed on the Nasdaq Capital Market under the new ticker symbol "PCT". 

DYMD -   Genius Sports Group Limited (GSG), the leading provider of sports data and technology powering the sports, betting and media ecosystem, and dMY Technology Group, Inc. II announced that they have entered into a definitive business combination agreement pursuant to which GSG and dMY II will combine. As a result of the business combination, GSG and dMY II shareholders will exchange their shares for shares in a new combined company. The transaction implies a pro forma enterprise value of approximately $1.5 billion.  The transaction is expected to close in the first quarter of 2021 Upon closing, the combined company's common stock is expected to be traded on the New York Stock Exchange ("NYSE") under the symbol "GENI".

SRAC - Momentus Inc, a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. (Nasdaq: SRAC) that will result in the Company becoming publicly listed. Merger to create the first publicly traded space infrastructure company at the forefront of the new space economy. Momentus partners and customers include SpaceX, Lockheed Martin, and NASA. Combined company will have an estimated enterprise value of approximately $1.2 billion. Pro forma for the transaction, Momentus will have approximately $310 million in cash on the balance sheet, to be funded by Stable Road’s $172.5 million of cash held in trust (assuming no redemptions) and $175.0 million from a fully committed common stock PIPE at $10.00 per share, including investments from private equity growth investors, family offices and select top tier public institutional investors.  The transaction is expected to close in early 2021. Upon closing the company will become listed on Nasdaq under the ticker symbol “MNTS”.

RMG -  Romeo Systems, Inc., an energy technology company, and RMG Acquisition Corp. (NYSE: RMG) today announced a definitive agreement for a business combination that would result in Romeo Power becoming a publicly listed  company. Romeo Power is an industry leading energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. Romeo Power raises $384 million through the business combination, including a $150 million fully committed PIPE anchored by institutional investors as well as strategic investors The Heritage Group and Republic Services.  Pro forma equity value of the combined company is approximately $1.33 billion.  The business combination is expected to close in late Q4 2020. Upon closing of the transaction, the combined company will be named Romeo Power, Inc. and is expected to remain listed on the NYSE and trade under the new ticker symbol “RMO”.

NOVS -  AppHarvest, a developer and operator of large-scale, high-tech controlled environment indoor farms, and Novus Capital Corp. (Nasdaq: NOVS), announced today a definitive agreement for a business combination that would result in AppHarvest becoming a public company. Transaction to provide $475 million of gross proceeds to the company, including $375 million fully committed common stock PIPE at $10.00 per share anchored by existing and new investors – including Fidelity Management & Research Company, LLC, Inclusive Capital and Novus Capital Corporation. Pro forma equity value of the merger is approximately $1.0 billion, at the $10.00 per share PIPE price and assuming minimal Novus shareholder redemptions. Upon closing of the transaction, the combined company will be named AppHarvest and is expected to remain listed on Nasdaq under a new ticker symbol. 

SBE - ChargePoint, Inc., a leading electric vehicle (“EV”) charging network, and Switchback Energy Acquisition Corporation (NYSE: SBE) announced the signing of a definitive business combination agreement. The business combination values ChargePoint at an implied $2.4 billion enterprise value. Upon transaction closing, and assuming no redemptions by Switchback stockholders, ChargePoint will have approximately $683 million in cash, resulting in a total pro forma equity value of approximately $3.0 billion. Cash proceeds raised in the transaction will be used to repay debt, fund operations, support growth and for general corporate purposes. The proceeds will be funded through a combination of Switchback’s approximately $317 million cash in trust, assuming no redemptions by Switchback stockholders, and a $225 million PIPE of common stock valued at $10.00 per share.  The transaction is expected close end of the fourth quarter of 2020.  Upon the transaction closing, the combined company will be named ChargePoint Holdings, Inc. and will be listed on the New York Stock Exchange (the “NYSE”).  

PIC -  XL Fleet a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC), announced that they have entered into a definitive merger agreement. Upon closing, the combined company will be named XL Fleet and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, XL with an anticipated implied enterprise value of approximately $1 billion and no material debt expected to be outstanding. The transaction is expected close end of the fourth quarter of 2020.  Upon closing, the combined company will be named XL Fleet and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, “XL” 

IPOB -   Opendoor the pioneer and market leader in iBuying, has entered into a definitive business combination agreement with Social Capital Hedosophia Holdings Corp. II (NYSE: IPOB).  The transaction values Opendoor at an enterprise value of $4.8 billion, and is expected to provide up to $1.0 billion in cash proceeds, including a fully committed PIPE of $600 million and up to $414 million of cash held in the trust account of Social Capital Hedosophia Holdings Corp. II. Insiders are making a significant commitment of $200 million of the $600 million PIPE. This $200 million commitment includes $100 million from Chamath Palihapitiya, Founder and CEO of SCH, $58 million from Hedosophia, with the remainder invested by existing Opendoor shareholders, Access Industries and Lennar, along with Opendoor management
 

KCAC -  QuantumScape Corporation has entered into a definitive merger agreement with Kensington Capital Acquisition Corp. (NYSE: KCAC); upon closing, the combined company will remain listed on the New York Stock Exchange under the ticker symbol "QS"QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.  

Venture backers include Bill Gates, Khosla Ventures and Kleiner Perkins. The Qatar Investment Authority also participated in the latest funding round.
 

FEAC -  Flying Eagle Acquisition Corp.  agreed to a business combination that will result in Skillz Inc. becoming a publicly-listed company.  Skillz is a leading mobile games platform connecting players in fair, fun, and meaningful competition. Skillz is pioneering the competitive mobile gaming experience, powering tournaments for thousands of game developers around the world. It is anticipated that in 2020, Skillz’s patented technology will power over two billion casual esports tournaments and facilitate $1.6 billion in paid entry fees for games hosted on its secure and proprietary platform. High growth business with projected 2022 revenue of $555 million, a 57% CAGR from 2020. Existing Skillz stockholders and Flying Eagle sponsor agree to 24-month lock-up.  The transaction implies an equity valuation for Skillz of $3.5 billion, or 6.3x projected 2022 revenue. Estimated cash proceeds from the transaction are expected to consist of Flying Eagle’s $690 million of cash in trust.
 

TRNE - Desktop Metal, Inc. a 3D printing unicorn and leader in mass production and turnkey additive manufacturing solutions, announced today it will become a publicly listed company. The Company has signed a definitive business combination agreement with Trine Acquisition Corp. a global credit investment firm with over $60 billion in assets under management. Upon closing of the transaction, the combined operating company will be named Desktop Metal, Inc. and will continue to be listed on the New York Stock Exchange and trade under the ticker symbol “DM.” TRNE, which currently holds $300 million in cash in trust, will combine with Desktop Metal at an estimated $2.5 billion pro forma equity value. Cash proceeds in connection with the transaction will be funded through a combination of TRNE’s cash in trust and a $275 million fully committed common stock PIPE at $10.00 per share. 

GMHI -    Luminar, the global leader in automotive lidar technology powering the introduction of highway autonomy, today announced it has entered into a definitive agreement to merge with Gores Metropoulos. Upon completion of the transaction, the combined company will retain the Luminar Technologies, Inc. name and will remain listed on Nasdaq under the new ticker symbol “LAZR.”  The combined company will have an implied pro forma enterprise value of approximately $2.9 billion and an equity value of approximately $3.4 billion at closing. 

HCAC -   Hennessy Capital Acquisition Corp. IV announced they have entered into a definitive agreement for a business combination that would result in Canoo becoming a publicly listed company.   Canoo already has relationships with Kia and Hyundai to supply their OEM skateboard for future electric vehicles. The business combination values Canoo at an implied $2.4 billion pro forma equity value, at the $10.00 per share price and assuming no redemptions of HCAC's existing public stockholders. The combined company will receive approximately $600 million of proceeds from an upsized fully committed common stock PIPE offering of over $300 million.  The transaction is expected close 4th quarter of 2020. 

Upon closing of the transaction, the combined operating company will be named Canoo Inc. and will continue to be listed on the Nasdaq Stock Market under the ticker symbol "CNOO."  

MFAC -  BankMobile Technologies, a subsidiary of Customers Bank, and one of America’s largest digital banking platforms, and Megalith Financial Acquisition Corp, announced today that they have entered into a definitive merger agreement.  Upon closing of the transaction, the combined company will operate as BM Technologies Inc. and expects to be listed on the NYSE. The transaction reflects an enterprise value for the Company of $140 million. All BMT serviced deposits and loans will remain at Customers Bank immediately after the closing of the transaction. Upon the closing of the transaction, BM Technologies will be a financial technology company bringing banks and business partners together through its digital banking platform. 

DPHC -     Lordstown Motors has entered into a definitive merger agreement with DiamondPeak Holdings Corp. upon closing, the combined company will remain listed on the NASDAQ under the new ticker symbol “RIDE” Lordstown Endurance™ will be the first full-size electric pickup truck designed to serve the U.S. commercial fleet market with initial production expected in the second half of 2021. Approximately $675 million of gross proceeds that are expected from the transaction will be used to fund production of the Endurance and its innovative in-wheel electric hub motor design Transaction includes a $500 million fully committed PIPE, which includes $75 million of investments by General Motors in addition to investments from institutional investors. Transaction is expected to close in the fourth quarter of 2020 

CFFA -    GCM Grosvenor, a global alternative asset management firm, will become a public company through a merger with CF Finance Acquisition Corp.  a leading global financial services firm. The companies announced today that they have entered into a definitive agreement to effect the transaction. The combined company will operate as GCM Grosvenor Inc. and expects its Class A common stock to be listed on the NASDAQ stock exchange. GCM Grosvenor's existing senior management team, led by Chairman & CEO Michael J. Sacks, will continue to lead the business. The transaction values GCM Grosvenor at $2 billion. 

FTAC -    Paya, a leading integrated payments and commerce solution provider, and FinTech Acquisition Corp. III announced today that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company (the "Company") will operate as Paya and will be listed on NASDAQ under the new symbol PAYA. The transaction reflects an implied enterprise value for the Company of approximately $1.3 billion.

NFIN -  Netfin Acquisition Corp. to combine with Triterras Fintech Pte Ltd, a leading fintech company for commodity trading and trade finance has entered into a definitive agreement for Triterras Fintech to become a publicly listed company on the Nasdaq Stock Market under a new ticker symbol. The combined company will have an estimated $674 million pro forma enterprise value and a $854 million pro forma market cap and no debt. In fiscal year 2019, Triterras Fintech generated $3.6 billion of transaction volume, $16.9 million of revenue, $14.8 million of EBITDA and $13.2 million of net income. The company projects to generate approximately $7.8 billion of transaction volume, $56.6 million of revenue and $39.8 million of EBITDA for fiscal year 2020 (12 months ending February 28, 2021) and grow at more than a 60% compound annual growth rate (“CAGR”) through 2023. 

DMYT -  -Rush Street Interactive, LP (“RSI” or the “Company”), one of the fastest-growing online casino and sports wagering companies in the United States, and dMY Technology Group Inc. today announced that they have entered into a definitive agreement pursuant to which RSI and dMY will combine.  Upon closing, dMY intends to change its name to Rush Street Interactive, Inc. and its NYSE trading symbol to “RSI.” As a result of the transaction, RSI will become a publicly listed company on the New York Stock Exchange, and the combined company is anticipated to have an initial enterprise value of approximately $1.78 billion.

FVAC - MP Materials, owner and operator of Mountain Pass, the only rare earth mining and processing site of scale in North America, today announced a definitive agreement to merge with Fortress Value Acquisition Corp. The transaction is valued at US$1 billion. The combined company, named MP Materials Corp., will have an estimated post-transaction equity value of approximately US$1.5 billion, and remain NYSE-listed under the new ticker symbol “MP.” MP Materials 

SPAQ -  Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation. The Tesla rival will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, The Fisker deal, expected to close in the fourth quarter, will provide Fisker with $1 billion in gross proceeds, including $500 million of funds from existing and new investors such as AllianceBernstein and BlackRock Inc. The proceeds will be used to bring the company’s Fisker Ocean SUV to market in late 2022.Fisker Chief Executive Henrik Fisker, who also worked for Tesla and a one-time Aston Martin designer who launched his latest company in Los Angeles in 2016 

CCXX -  MultiPlan Inc. is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public. The company, currently owned by private-equity firm Hellman & Friedman, will merge with Churchill Capital Corp. The transaction includes debt which would infuse MultiPlan with up to $3.7 billion of new equity and convertible debt, including $700 million from existing investors and $2.6 billion from outsiders.

 GRAF - Graf Industrial Corp

Velodyne Lidar Inc. said on Thursday that it will start trading on the New York Stock Exchange. The San Jose autonomous vehicle sensor company said that it and Houston-based Graf Industrial Corp. have raised $150 million in equity from a group of institutional investors, subject to completion of the merger. 

LCA -  Landcadia Holdings II Inc. said Monday it will acquire Golden Nugget Online Gaming Inc., an online-gaming site, at a valuation of approximately $745 million. 

SHLL - Tortoise Acquisition Corp.   Hyliion Inc. and Tortoise Acquisition Corp. Announce Merger, combined company to remain listed on NYSE. Hyliion Inc., a leader in electrified powertrain solutions for Class 8 commercial vehicles. The pro forma implied market capitalization of the combined company is over $1.5 billion.

 FMCI - Forum Merger II Corp and Ittella International, a plant-based food company with a broad portfolio of innovative products available under the Company’s “Tattooed Chef” brand and in private label, announced a definitive agreement to combine to form Tattooed Chef, Inc.   Tattooed Chef is a leading plant-based food company offering a broad portfolio of innovative plant-based food products that taste great and are sustainably sourced.