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SPAC

Dec 16, 2021

Cvent goes public again

Tysons-based event software company Cvent Holding Corp. began trading on the Nasdaq Global Market Dec. 9 after closing its merger the day before with San Francisco-based SPAC Dragoneer Growth Opportunities Corp. II. The move is Cvent’s second time going public. In 2016, Vista Equity Partners acquired it for $1.65 billion and took it private. The […]

BlackSky CEO Brian E. O’Toole (center) and other company executives celebrate their company’s Sept. 10 initial public offering by ringing the opening bell at the New York Stock Exchange a few days later. Photo courtesy BlackSky Technology Inc.
Oct 28, 2021

SPAC-ulative finance

One of the hottest investment tools in the past year and a half has imploded. But don’t give up on special purpose acquisition companies, or SPACs as these peculiar financial structures are called, industry experts say. Also called blank-check companies, SPACs are here to stay, but not necessarily at the high-flying levels of 2020 and […]

Rendering of BlackSky satellite constellation courtesy BlackSky
Sep 10, 2021

Herndon’s BlackSky goes public after closing SPAC deal

Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. debuted on the New York Stock Exchange Friday after closing a SPAC merger originally announced in February. As of 4:09 p.m. Friday, BlackSky shares were trading at $10.98. Prior to Thursday’s merger with Philadelphia-based special purpose acquisition company Osprey Technology Acquisition[...]

Mar 2, 2021

San Francisco space data firm to merge with Reston SPAC to go public

San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]

Mar 2, 2021

Tysons analytics firm Qomplx plans to go public

Tysons-based risk analytics firm Qomplx Inc. announced Monday its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition company backed by Philip Krim, co-founder and CEO of online mattress retailer Casper Sleep Inc.  The deal values Qomplx, which will be listed on the New York Stock Exchange under […]

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