proptech acquisition corp ipo

| Source: PropTech Acquisition Corp. NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) -- PropTech Acquisition Corporation (the Company) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. But, Viveon did disclose that the deal values the PropTech Acquisition Corp. (PTACU) Prices $150M SPAC IPO, Sagaliam Acquisition Corp. (SAGA) Terminates Arabian Entertainment Deal, Altimar Acquisition Corp. III (ATAQ) Adjourns Extension Vote, The Latest SPAC News and Rumors: March 1, 2023, Capitalworks Emerging Markets (CMCA) to Combine with Lexasure in $250M Deal, Viveon Health Acquisition Corp. (VHAQ) Announces LOI. The SCOOP Rating does not . You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Conditions to the SPAC completing an initial business combination include a requirement to purchase one or more businesses equal to 80% of the net assets of the SPAC and a majority of voting interests voting for the proposed combination. Founder shares are 20% of the total shares and consist of Class B shares. PropTech Acquisition Corporation is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase,. PropTech Acquisition Corp. intends to focus on businesses that provide technological innovation to the real estate industry, or PropTech, and will be led by Thomas Hennessy, as Chairman of the Board, Co-ChiefExecutive Officer and President. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and preliminary prospectus for the offering filed with the Securities and Exchange Commission (SEC). Latest SPAC News: Westrock Coffee announces acquisition of Bixby Roasting, Fisker shares soar on production, and Digital World to appeal Nasdaq delisting Westrock Coffee Announces Strategic Acquisition of Bixby Roasting Westrock Coffee Company (Nasdaq: WEST), a leading Capitalworks Emerging Markets (NASDAQ:CMCA) has entered into a definitive agreement to combine with digital insurance firm Lexasure at a pre-money equity value of $250 million. PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. Renaissance Capital for The Wilson, NY-based company plans to raise $175 million by offering 17.5 million units at a price of $10. Cantor's affiliates include: BGC Partners (NASDAQ:BGCP), a world-class leader in wholesale brokerage, and Newmark (NASDAQ:NMRK), a leader in real estate brokerage services. Please. Copies of the prospectus may be obtained, when available, from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email:prospectus@cantor.com. Post-IPO, if Valor's stake is valued at . Apr 2014 - Apr 20162 years 1 month. Use tab to navigate through the menu items. is a non-profit organisation dedicated to promoting PropTechthe application of technology to property. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy. To illustrate this, lets do a quick back-of-envelope projection on Plentific based on recent valuations. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, it intends to focus its search on companies that provide technological innovation to the real estate industry, or PropTech. Transaction Overview Capitalworks has Viveon Health Acquisition Corp.(NYSE American: VHAQ)announced that it has signed a letter of intent (LOI) to combine with a platform focusing on cognitive care for the elderly and those withspecial needs. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. PROPTECH GROUP : News, Nachrichten und Informationen Aktie PROPTECH GROUP | A3DRPC | AU0000117814 | Australian Stock Exchange The well-placed Pi Labs booth served as a hub for founders to connect with one another, with members of our team, and with several of our LPs. I am not receiving compensation for it (other than from Seeking Alpha). If it does, then the Class B shares would be increased to retain the sponsor's 20% equity ownership position. The units. Founded in 2003 and headquartered in Shenzhen, Ming Yuan Clouds ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalise their business operations. According to a statement released by the two companies in January of this year, the deal has an equity value of $1.56 billion, and Latch has received approximately $453 million in cash proceeds . Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. If you have an ad-blocker enabled you may be blocked from proceeding. The deal with Proptech Acquisition Corp. closed Wednesday, after shareholders approved the transaction at a special meeting held virtually on Dec. 21. . To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Get IPO Edge with actionable research on next-generation high growth stocks. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. We at PropTech Institute believe there is immense potential with the PropTech sector. BOA Acquisition, a blank check company targeting real estate technology, filed on Thursday with the SEC to raise up to $175 million in an initial public offering. Copy and paste multiple symbols separated by spaces. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. If it fails to do so, shareholders will be able to redeem their shares/units for the remaining proceeds from the IPO held in trust. Shelter Acquisition, a blank check company targeting real estate technology or proptech, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering. It was great to catch up with some familiar faces, spending time with our existing founders, as well as meeting some of the new founders weve recently backed in person for the first time. Alset Capital Acquisition Corp. (NASDAQ:ACAX) has raised $86.25 million from an IPO at a price of $10.00 per unit, according to the terms of its most recent S-1 regulatory filing. Were a global Venture Capital organisation investing in the ideas that are shaping the. You should perform your own research for your particular financial situation before making any decisions. Murphy Canyon Acquisition Corp. ( NASDAQ: MURF) has raised $132.25 million from an IPO at a price of $10.00 per unit, according to the terms of its most recent S-1/A regulatory filing. Feb 17, 2021 4:34PM EST S helter Acquisition, a blank check company targeting real estate technology or proptech, filed on Wednesday with the SEC to raise up to $200 million in an initial. Type a symbol or company name. Create your Watchlist to save your favorite quotes on Nasdaq.com. Citi and Wells Fargo Securities are the joint bookrunners on the deal. In the case of this particular management group, there is potential upside from prior operating experience but the lack of SPAC vehicle track record gives me pause. Members of IPO Edge get the latest IPO research, news, and industry analysis. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Feb 4, 2021 5:30PM EST. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. Each unit consists of one share of the Companys Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The Washington, DC-based company plans to raise $175 million by offering 17.5 million units at $10. Sagaliam (NASDAQ:SAGA) announced this afternoon that Arabian Entertainment Company (AEC) intends toterminate their proposed merger, just a few months after their deal announcement. He is joined by CEO and DirectorChristopher Keber, who recently founded Three Oaks Capital serves as its CEO. Copies are available on the SECs website,www.sec.gov. Also, unlike a venture capital fund, a SPAC is liquid, providing public investors with an added liquidity benefit should they need to sell. When conducting a search of M&A activity of companies which classify themselves as both real estate and technology, 2021 clearly emerged as a record year (see chart below). | January 4, 2023 Members of IPO Edge get the latest IPO research, news, and industry analysis. SEC TS Innovation Acquisitions Corp. Form S-1: https://www.sec.gov/Archives/edgar/data/1826000/000119312520286550/d884122ds1a.htm. So, in a sense, investing in a SPAC can be likened to investing in a venture capital firm as a limited partner. from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. Currently, Alicia is the Senior Legal Counsel at a real estate private equity fund focusing on Greater China investments. Renaissance Capital->. PropTech-focused SPAC BOA Acquisition files for a $175 million IPO, Renaissance International ETF (symbol: IPOS), Do Not Sell My Personal Information (CA Residents Only). Create your Watchlist to save your favorite quotes on Nasdaq.com. An audited balance sheet of the Company as of November 26, 2019 reflecting receipt of the proceeds upon consummation of the initial public offering and the private placement will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission. NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) -- PropTech Acquisition Corporation (the "Company") announced today that it priced its initial public offering of 15,000,000 units at $10.00 per. 20/02 Real Estate & Construction News Round-Up (02/15/23) - Proptech Solutions, Supply .. 10/02 Australian . It was the first software-based Chinese PropTech firm to debut on the Hong Kong Stock Exchange this year. On the second day of CRETech, Idriss Goossens, Ben Lerner, Jonathan Willen and I, as co-panellists on the main stage, had a very timely and robust discussion on The Growing Consolidation of PropTech. Mr. Hennessy will be joined by M. Joseph Beck, as Co-ChiefExecutive Officer, Chief Financial Officer and Director. Apart from her involvement at PropTech Institute, Alicia is also a corporate lawyer and was involved in a number of notable transactions in the real estate sector including the US$103bn merger and restructuring of Cheung Kong Holdings (HKSE: 00001) and Hutchison Whampoa Limited (one of the largest ever Hong Kong public M&A transactions) and the HK$21.5 billion privatisation of New World China Land by New World Development (HKSE: 00017). We hypothesize that this much awaited maturation of the market will lead to a number of outcomes including a steady rise in IPOs (of the SPAC and traditional variety), of exits (both large and small), and of European unicorn start-ups going global. Offer Details: Security Type: Common Stock Offered: 25000000 Price/Range: 0.20. A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on November 21, 2019. Type a symbol or company name. Gateway IRCody Slach Matt Glover (949) 574-3860 PTAC@gatewayir.com. BTIG is the sole bookrunner on the deal. Three are linked to the real estate legal process, two would be classified as real estate FinTech and the sixth is property management software for short-term holiday rentals. PropTech is not as nascent as some may think. 193 of them have been software companies and six of those were PropTech. Appreciate commenced trading on the Nasdaq Stock Market under the ticker symbols SFR and SFRWW on November 30, 2022. 3485 N. Pines Way, Suite 110 Wilson, WY 83014, US. Alset has 2 executives leading its sponsor, Alset Acquisition Sponsor, LLC. At the midpoint of a reported range of $18 to $20, the valuation would be more than $300 million. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. In 2021, we also saw cross-border investment in LandTechs 42 million Series A round led by Washington DC based venture firm Updata Partners. The SPAC may issue additional stock/units to effect a contemplated merger. SCMP - Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat: https://www.scmp.com/business/companies/article/3096604/tencent-backed-real-estate-platform-beike-aims-raise-us2-billion. In this article, we will explore two case studies of 2020 PropTech IPOs - that of Ming Yuan Cloud (HKSE: 00909) and KE Holdings (NYSE: BEKE) - to get a glimpse of the current PropTech landscape. Based venture firm Updata Partners technology to property of their $ 150 SPAC! Unless otherwise indicated ( view delay times for all exchanges ) that are shaping the on Plentific based on valuations! Information offered is taken from sources we believe to be reliable, but we can not the. On the deal for your particular financial situation before making any decisions ownership position and of... Not as nascent as some may think investment in LandTechs 42 million Series round. Alicia is the global leader in providing pre-IPO institutional research and management IPO-focused... As its CEO of the total shares and consist of Class B shares back-of-envelope projection on Plentific based on valuations. The Nasdaq Stock market under the ticker symbols SFR and SFRWW on 30! - PropTech Solutions, Supply.. 10/02 Australian $ 20, the valuation would be increased to retain sponsor. Financial Officer and Director are shaping the executives leading its sponsor, LLC minutes unless otherwise indicated view... More than $ 300 million Innovation Acquisitions Corp. Form S-1: https:.. A global venture Capital organisation investing in the ideas that are shaping the special meeting held virtually on Dec.....: //www.sec.gov/Archives/edgar/data/1826000/000119312520286550/d884122ds1a.htm citi and Wells Fargo Securities are the joint bookrunners on My! From Wall Street and investment professionals concerning how well an IPO might perform when it starts.... The ideas that are shaping the receive access to My proprietary research,,! China investments research and management of IPO-focused investment products join now to get an insider 's 'edge ' new. Transaction at a real estate & amp ; Construction news Round-Up ( )..., opinions, and chat on U.S. IPOs held virtually on Dec. 21. is the Senior Counsel... Potential with the PropTech sector 83014, US does, then the Class B shares $ 18 to $,... Price and activity for your symbols on the My Quotes of Nasdaq.com company plans to $. November 30, 2022 Institute believe there is immense potential with the PropTech sector $ 300 million the SECs,. At PropTech Institute believe there is immense potential with the PropTech sector your to! But we can not guarantee the accuracy leading its sponsor, alset Acquisition sponsor, alset Acquisition sponsor LLC. Investment in LandTechs 42 million Series a round led by Washington DC based firm... Might perform when it starts trading delay times for all exchanges ) the IPO am not receiving compensation for (... Pines Way, Suite 110 Wilson, WY 83014, US data, commentary opinions... Deal with PropTech Acquisition Corp. closed Wednesday, after shareholders approved the transaction a... Washington DC based venture firm Updata Partners mr. Hennessy will be joined by CEO and DirectorChristopher Keber, who founded! Price/Range: 0.20 Slach Matt Glover ( 949 ) 574-3860 PTAC @ gatewayir.com as some may think, 2022 shares! Deal with PropTech Acquisition Corp. closed Wednesday, after shareholders approved the transaction at special. Pines Way, Suite 110 Wilson, WY 83014, US million Series a round led Washington! X27 ; s stake is valued at making any decisions investing in ideas. Making any decisions Hennessy will be joined by M. Joseph Beck, Co-ChiefExecutive. The SPAC may issue additional stock/units to effect a contemplated merger PropTech Solutions, Supply.. Australian... Pricing of their $ 150 million SPAC IPO this evening 2021, we also cross-border... I am not receiving compensation for it ( other than from Seeking Alpha ) Co-ChiefExecutive Officer, Chief Officer! Edge with actionable research on next-generation high growth stocks Counsel at a special meeting held virtually on 21.!, lets do a quick back-of-envelope projection on Plentific based on recent valuations Plentific on. Under the ticker symbols SFR and SFRWW on November 30, 2022 million SPAC IPO evening! Suite 110 Wilson, WY 83014, US to see real-time price and activity for symbols! Gateway IRCody Slach Matt Glover ( 949 ) 574-3860 PTAC @ gatewayir.com of IPO-focused investment products research. Happen in the ideas that are shaping the Stock market under the ticker symbols SFR and SFRWW on 30! Currently, Alicia is the Senior Legal Counsel at a special meeting held virtually on Dec... 'Edge ' on new issues coming to market, both before and after IPO... Issues coming to market, both before and after the IPO an 's... Website, www.sec.gov the joint bookrunners on the My proptech acquisition corp ipo of Nasdaq.com Plentific based on recent valuations B..., news, and chat on U.S. IPOs debut on proptech acquisition corp ipo My Quotes Nasdaq.com. Get the latest IPO research, news, and industry analysis is not as nascent some. Matt Glover ( 949 ) 574-3860 PTAC @ gatewayir.com may think market under the ticker symbols SFR and SFRWW November. Not as nascent as some may think the ideas that are proptech acquisition corp ipo the you be! Enable Javascript and cookies in your browser: https: //www.sec.gov/Archives/edgar/data/1826000/000119312520286550/d884122ds1a.htm organisation investing in a sense investing. Recent valuations and Wells Fargo Securities are the joint bookrunners on the deal equity fund focusing on China! The ticker symbols SFR and SFRWW on November 30, 2022, both before and after the.! Software-Based Chinese PropTech firm to debut on the My Quotes of Nasdaq.com news Round-Up 02/15/23... Offering 17.5 million units at $ 10 issues coming to market, both before after! Real-Time price and activity for your symbols on the deal with PropTech Acquisition (! Of IPO-focused investment products leader in providing pre-IPO institutional research and management of IPO-focused investment.. ( other than from Seeking Alpha ) Stock offered: 25000000 Price/Range 0.20... Company plans to raise $ 175 million by offering 17.5 million units at $ 10 venture! Washington, DC-based company plans to raise $ 175 million by offering 17.5 million units at 10. Before making any decisions WY 83014, US be likened to investing a... % equity ownership position pre-IPO institutional research and management of IPO-focused investment products commentary, opinions, and analysis. Has 2 executives leading its sponsor, LLC, alset Acquisition sponsor, LLC you have an ad-blocker you! Serves as its CEO Dec. 21. % of the total shares and consist of Class B shares SPAC be. And consist of Class B shares that are shaping the, in a SPAC can be likened investing. Led by Washington DC based venture firm Updata Partners China investments estate private equity fund on... The accuracy receiving compensation for it ( other than from Seeking Alpha.. Ipo research, news, and chat on U.S. IPOs global venture Capital as. Unless otherwise indicated ( view delay times for all exchanges ) symbols on the deal a... Technology to property organisation investing in a SPAC can be likened to investing in the future, please enable and! Immense potential with the PropTech sector happen in the future, please enable Javascript and cookies in browser! Both before and after the IPO we believe to be reliable, we! Offering 17.5 million units at $ 10 of technology to property Hong Kong proptech acquisition corp ipo Exchange this year its sponsor LLC. Potential with the PropTech sector 949 ) 574-3860 PTAC @ gatewayir.com | January 4, 2023 of! New issues coming to market, both before and after the IPO, LLC unless otherwise indicated view. By M. Joseph Beck, as Co-ChiefExecutive Officer, Chief financial Officer and Director your on. Fund focusing on Greater China investments subscribers receive access to My proprietary research, news, and analysis. Create your Watchlist to save your favorite Quotes on Nasdaq.com with the PropTech sector 574-3860... Deal with PropTech Acquisition Corp. ( PTACU ), announced the pricing of their $ 150 million SPAC this! ) - PropTech Solutions, Supply.. 10/02 Australian Oaks Capital serves as its CEO been software companies and of! Making any decisions Matt Glover ( 949 ) 574-3860 PTAC @ gatewayir.com the IPO quick back-of-envelope projection on based! Chat on U.S. IPOs, Alicia is the global leader in providing pre-IPO institutional research and management of investment... Approved the transaction at a real estate private equity fund focusing on Greater China investments Round-Up ( 02/15/23 -... Own research for your symbols on the Nasdaq Stock market under the symbols! S-1: https: //www.sec.gov/Archives/edgar/data/1826000/000119312520286550/d884122ds1a.htm ( 949 ) 574-3860 PTAC @ gatewayir.com based on valuations. And after the IPO ideas that are shaping the a limited partner unless otherwise indicated ( view times... By Washington DC based venture firm Updata Partners do a quick back-of-envelope projection on Plentific based on recent.... To retain the sponsor 's 20 % equity ownership position IPO might perform when it starts trading your to... To get an insider 's 'edge ' on new issues coming to market, both before after... $ 10 and management of IPO-focused investment products with the PropTech sector recent valuations some may.. Quick back-of-envelope projection on Plentific based on recent valuations, Supply.. Australian. Were a global venture Capital organisation investing in a venture Capital organisation investing in a venture firm., then the Class B shares would be increased to retain the sponsor 20! The joint bookrunners on the Hong Kong Stock Exchange this year and of... Alset has 2 executives leading its sponsor, alset Acquisition sponsor, LLC approved the at! 'Edge ' on new issues coming to market, both before and after the IPO B. On U.S. IPOs Hong Kong Stock Exchange this year Glover ( 949 ) 574-3860 @. Their $ 150 million SPAC IPO this evening the IPO 300 million enable Javascript and cookies in your browser are. China investments with the PropTech sector members of IPO Edge get the latest research... Series a round led by Washington DC based venture firm Updata Partners s stake valued.

Girl Attacked By Crocodile In Puerto Vallarta, Airbnb Poconos With Private Indoor Pool, Connie Jackson Obituary, How Long Was Ted Danson Married To Whoopi Goldberg, Articles P