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Adit EdTech Acquisition Corp. (ADEX.U) Prices Upsized $240M IPO

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Adit EdTech Acquisition Corp. announced the pricing of its upsized $240 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “ADEX.U” Tuesday, January 12.

The new company aims to combine with an education, training or edtech business possibly impacted by market dislocations and could benefit from new capital. Adit EdTech is led by Non-Executive Chairman Eric. L. Munson alongside President and CEO David L. Shrier, CFO and Treasurer John J. D’Agostino, and Chief Technology Officer and Secretary Elizabeth B. Porter.

Total SPAC deal count for 2021 year-to-date is now 31 with $7.59 billion in gross proceeds raised. This offering is expected to close on Thursday, January 14.


EarlyBirdCapital, Inc. is acting as the sole book-running manager with Maxim Group LLC and U.S. Capital Advisors serving as co-managers for the offering. Troutman Pepper Hamilton Sanders LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

Source: https://spacinsider.com/2021/01/11/adit-edtech-acquisition-corp-prices-upsized-240m-ipo/

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SPAC IPO Terms Tracker: Return of the Downsize

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Good Works Acquisition Corp. (GWAC) to Combine with Cipher Mining in $2Bn Deal

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Lerer Hippeau Acquisition Corp. (LHAAU) Prices $200M IPO

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Lerer Hippeau Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “LHAA,” Friday, March 5.

The new company aims to combine with a technology-enabled target in health, consumer, logistics or industrial automation. Lerer Hippeau is led by Chairman Kenneth Lerer, CEO Eric Hippeau, President Ben Lerer, COO Joe Medved, and CFO Treasurer and Secretary Dan Rochkind.

Total SPAC deal count for 2021 year-to-date is now 227. This offering is expected to close on Tuesday, March 9.


Barclays Capital Inc., Code Advisors LLC and Drexel Hamilton LLC are serving as underwriters for the offering, with Barclays Capital Inc. serving as the sole bookrunning manager. Proskauer Rose LLP is serving as Issuer’s Counsel with White & Case serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

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Source: https://spacinsider.com/2021/03/05/lerer-hippeau-acquisition-corp-prices-200m-ipo/

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Lerer Hippeau Acquisition Corp. (LHAAU) Prices $200M IPO

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SPAC pricing

Lerer Hippeau Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “LHAA,” Friday, March 5.

The new company aims to combine with a technology-enabled target in health, consumer, logistics or industrial automation. Lerer Hippeau is led by Chairman Kenneth Lerer, CEO Eric Hippeau, President Ben Lerer, COO Joe Medved, and CFO Treasurer and Secretary Dan Rochkind.

Total SPAC deal count for 2021 year-to-date is now 227. This offering is expected to close on Tuesday, March 9.


Barclays Capital Inc., Code Advisors LLC and Drexel Hamilton LLC are serving as underwriters for the offering, with Barclays Capital Inc. serving as the sole bookrunning manager. Proskauer Rose LLP is serving as Issuer’s Counsel with White & Case serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

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Trade with the Official CFD Partners of AC Milan
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Source: https://spacinsider.com/2021/03/05/lerer-hippeau-acquisition-corp-prices-200m-ipo/

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