proptech acquisition corp ipo

The SPAC is the first vehicle by this executive group. Rockend Technology Pty Ltd. completed the . It is headquartered in Beijing and was listed on the New York Stock Exchange in August 2020. Use tab to navigate through the menu items. Leveraging its data capabilities, KE Holdings built a sizeable house listing and information sharing system in China, which provides online touch points and high-quality customer traffic. 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. Management doesn't have an operating track record or previous experience with SPACs, so I'm on Hold on ACAX. I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. However, the team does not have prior SPAC experience, so has not demonstrated a track record of attractive returns via a SPAC vehicle. 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. This story involves the dominant US-based workplace experience platform acquiring the dominant Europe-based platform to create a truly intercontinental product. Copies are available on the SECs website,www.sec.gov. It's a good time to be a startup aspiring to go public. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. 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. PropTech Acquisition, a blank check company led by partners at Hennessy Capital targeting a real estate technology business, raised $150 million by offering 15 million units at $10, as. The Companys units are listed on the Nasdaq Capital Market (Nasdaq) and commenced trading under the ticker symbol PTACU on November 22, 2019. Market Data copyright 2023 QuoteMedia. Total SPAC deal count for 2019 year-to-date is now 54 with $12.38 billion in gross proceeds raised. The SPAC is the first vehicle by this executive group. PropTech Investment Corporation II and Appreciate Announce Closing of Business Combination, PropTech Investment Corporation II Stockholders Approve Business Combination with Appreciate, PropTech Investment Corporation II Announces Filing and Mailing of Definitive Proxy Statement and Special Meeting Date in Connection with Proposed Business Combination with Appreciate. 2023227 Nuvini S.A.Nuvini Holdings Limited Mercato Partners Acquisition Corporation(Nasdaq: MPRA) "Nuvini""NVNI" " . November 26, 2019 16:05 ET I wrote this article myself, and it expresses my own opinions. In order to help you master the concept of PropTech, well be posting high-quality and value-adding content on a regular basis. 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. Please. The Wilson, NY-based company plans to raise $175 million by offering 17.5 million units at a price of $10. NEW YORK-- ( BUSINESS WIRE )--Crown PropTech Acquisitions (the "Company") announced today that it priced its upsized initial public offering of 24,000,000 units at $10.00 per unit. NEW YORK, Nov. 26, 2019 -- PropTech Acquisition Corporation announced today that it closed its initial public offering of 17,250,000 units, including 2,250,000 units issued pursuant. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. - Chairman, CEO and President, Jack K. Heilbron, who has previously been President and CEO of Presidio Property Trust and NetREIT Dubose and NTR Property Management, which are all company affiliated entities. Cross-border capital flow is providing the growth capital that European PropTech start-ups need to scale up their operations into multiple global markets. 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. My outlook on MURF is a Hold as I believe investors in SPACs need to be extra-choosy and focus on those SPACs with great management teams and a history of positive returns to investors. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. Investment involves risk. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be traded on Nasdaq under the symbols PTAC and PTACW, respectively. In the near-term future, we expect more and more companies to undergo later-stage funding rounds and M&A activity to join the likes of AirBNB, Zoopla, Causeway, and Purple Bricks as PropTech unicorns and/or listed companies. Ellenoff Grossman & Schole LLP and Graubard Miller, were Issuers Counsel and Underwriters Counsel, respectively. Past performance is not indicative of future performance. Cantor Fitzgerald & Co. Inc., acted as sole book-running manager for the offering. Also, in 2021, the real estate services firm estimated there were more than 6,000 Proptech or other real estate technology-related businesses worldwide. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. PropTech's units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. The SPAC may issue additional stock/units to effect a contemplated merger. Aside from the funding amount, Plentifics latest round is also noteworthy insofar as it included cross-border capital from Canadian real estate group Brookfield, as well as institutional capital from Mubadala (a UAE sovereign wealth fund). Only whole warrants will trade and are exercisable. Renaissance Capital->. On February 23, 2023, the company notified Sagaliam that since the SPAC did not receive subscription agreement commitments before December 15, 2022, it has chosen to terminate the merger. He is joined by CEO and DirectorChristopher Keber, who recently founded Three Oaks Capital serves as its CEO. 22/02 Rockend Technology Pty Ltd. completed the acquisition of PropTech Group Limited. Bloomberg - Tencent-Backed Beike Files U.S. IPO, Said to Aim for $2 Billion: https://www.bloomberg.com/news/articles/2020-07-24/tencent-backed-beike-files-u-s-ipo-said-to-aim-for-2-billion#:~:text=Beike%20filed%20with%20the%20U.S.,to%20data%20compiled%20by%20Bloomberg. Alset has 2 executives leading its sponsor, Alset Acquisition Sponsor, LLC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Blockchain Moon Acquisition Corp. brought its $100 million IPO to the market Oct. 18, as the company pursues acquisition targets. Founder & CEO of Pi Labs | VC Investor | Entrepreneur | Property + Technology | Investor in Hubble, Trussle, LandTech, 90 North Group & more. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. Ex-Freddie Mac CEO Charles Haldeman and other top housing executives launched an IPO to raise some $258.8 million for 1Sharpe Acquisition Corp. (Nasdaq:UNOOU), a SPAC focused on 'PropTech.' 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. Investing in SPACs can be a volatile and opaque endeavor. I wrote this article myself, and it expresses my own opinions. Copy and paste multiple symbols separated by spaces. 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. By applying this same growth rate to a hypothetical Series D round at some point in the future, Plentific could reach unicorn status (1 billion) in late 2023. The deal with Proptech Acquisition Corp. closed Wednesday, after shareholders approved the transaction at a special meeting held virtually on Dec. 21. . While MURF management has extensive industry experience, they don't have a previous SPAC track record, so I'm on Hold for the SPAC. Founder shares are 20% of the total shares and consist of Class B shares. These symbols will be available throughout the site during your session. . Type a symbol or company name. PR Newswire: TS Innovation Acquisitions Corp. Cantor Fitzgerald is a proven capital markets investment banking, real estate investment management, debt origination, and private equity firm. Market Data powered by QuoteMedia. 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. PropTech Acquisition Corp SINGAPORE, March 01, 2023--PropertyGuru Group Limited (NYSE: PGRU) ("PropertyGuru" or the "Company"), Southeast Asia's leading1 property technology ("PropTech") company, today announced . BOA Acquisitionintends to focus on businesses that provide technological solutions and innovation to the broader real estate industry, which management also refers to as "PropTech." As a result, over the past two to three years, many promising PropTech companies have gone public to raise capital through . This article is not investment advice and does not constitute any offer or solicitation to subscribe or redeem. Disclosure: Nobody on theIPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. Closes $300 Million Initial Public Offering: https://www.prnewswire.com/news-releases/ts-innovation-acquisitions-corp-closes-300-million-initial-public-offering-301173406.html. Shelter Acquisitionintends to concentrate on identifying businesses that provide technologically innovative solutions to the real estate industry, broadly defined as proptech. Gain Insight and actionable information on U.S. IPOs with IPO Edge research. 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. The cost of that investment is roughly the same, 20% of the upside to the SPAC sponsor, but the time frame for realizing a significant gain can be far faster, a 1- to 3-year time period for a SPAC versus 10 or more years for a typical venture capital fund. Post-IPO, if Valor's stake is valued at . 3415 N. Pines Way Suite 204 Wilson, WY 83014 Alset Capital Acquisition raised $86 million in a recent U.S. IPO. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. Additional disclosure: This report is intended for educational purposes only and is not financial, legal or investment advice. The. Last week the Pi Labs team had the privilege of attending the UKs first face-to-face CRETech event since the pandemic. This is European PropTechs largest full-equity VC round to date, rivalled only by debt financing, IPO, and post-IPO activity in the sector. JLL, for example, have made two noteworthy PropTech acquisitions this year (Building Engines for $300 million and Skyline AI for an undisclosed figure). The Company is led by Co-Chief Executive Officers Thomas D. Hennessy and M. Joseph Beck. Cody Slach Matt Glover (949) 574-3860 PTAC@gatewayir.com. Proptech-focused SPAC Shelter Acquisition files for a $200 million IPO February 17, 2021 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. 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 . 3485 N. Pines Way, Suite 110 Wilson, WY 83014, US. PROPTECH GROUP: attualit, news e informazioni azione PROPTECH GROUP | PTG | AU0000117814 | Australian Stock Exchange Alicia is the President and Co-Founder of PropTech Institute. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. And, with a capital tailwind behind them, this is the time for European start-ups to think big and be bold. 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 . If it does, then the Class B shares would be increased to retain the sponsor's 20% equity ownership position. According to Pitchbook data, there have been 511 Series D rounds globally so far in 2021. The SCOOP ratings should not be taken as investment advice. Pi Labs is proud to have invested follow-on capital during this round. Retail investors are really just 'along for the ride,' with little influence on the ultimate outcome of a proposed merger. Blockchain Moon is a blank check company with no business operations and only a small Jacksonville office. The cash and stock . Copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email:prospectus@cantor.com. Other than SPACs, PropTech startup Housi, is reported to be preparing for an IPO on the Brazilian stock exchange. The case in point worth citing here is Plentific, a portfolio company from our second fund. The offering is being made only by means of a prospectus. AEC contend that Altimar Acquisition Corp. III (NYSE:ATAQ) announced in an 8-K this afternoon that it adjourned its extension vote today without concluding any business and will reconvene the special meeting at 12:30 pm ET March 3. - Chief Financial Officer Rongguo Wei, who is co-Chief CFO of Alset EHome International and has more than 15 years of experience with private and public companies in the United States. It also speaks directly to the CRETech panel discussion. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols PTAC and PTACW, respectively. More recently, TS Innovation Acquisitions Corp., closed a US$300 million IPO in November 2020. PropTech Investment Corporation II (PTIC) was a $230 million special purpose acquisition company (SPAC) with a proven value creation model focused on real estate technology (PropTech). Renaissance Capital->. Murphy has 2 executives leading its sponsor, Murphy Canyon Acquisition Sponsor, LLC. Led by a group of committed professionals that share a passion in technology and real estate, PropTech Institute is a platform connecting individuals, startups, corporates and institutions. According to data compiled by Bloomberg, at c.US$2 billion, it was the largest IPO of a Chinese firm in the US for more than two years. Also, in 2021, the real estate services firm estimated there were more than 6,000 Proptech or other real estate technology-related businesses worldwide. The IPO also provided for one warrant per share, exercisable at $11.50 per share on the later of 30 days after the completion of its initial business combination, and 12 months from the closing of the offering. November 21, 2019 16:55 ET The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. I am not receiving compensation for it (other than from Seeking Alpha). Notably, if management sells additional Class A shares to effect a transaction and the sale price of those shares is less than $9.20 per Class A share, 'then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described below under "Redemption of warrants" will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.' Proptech-focused SPAC Shelter Acquisition files for a $200 million IPO, Renaissance International ETF (symbol: IPOS), Do Not Sell My Personal Information (CA Residents Only). PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. Murphy Canyon Acquisition Corp. went public recently, raising $132 million in an IPO. I wrote this article myself, and it expresses my own opinions. The article Proptech-focused SPAC Shelter Acquisition files for a $200 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we currently intend to concentrate our efforts in identifying businesses that provide technological innovation to the real estate industry, or PropTech. You should perform your own research for your particular financial situation before making any decisions. 20/02 Real Estate & Construction News Round-Up (02/15/23) - Proptech Solutions, Supply .. 10/02 Australian . SPAC investing is subject to potential volatility and risk of loss. Get them exclusively at IPO Edge. A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on November 21, 2019. The SPAC (Special Purpose Acquisition Company) intends to pursue a merger with a company in the sectors of real estate or 'Proptech' industries with their primary business operations outside of China. It was the first software-based Chinese PropTech firm to debut on the Hong Kong Stock Exchange this year. Type a symbol or company name. PropTech is not as nascent as some may think. The Company is led by Co-Chief Executive Officers Thomas D. Hennessy and M. Joseph Beck. The offering was priced at $10.00 per unit, resulting in gross proceeds of $172,500,000. Founder shares are 20% of the total shares and consist of Class B shares. Looking for more investing ideas like this one? While management may have experience in investing in private markets which has enabled them to obtain institutional funding, such investment by institutions is really an option, as they may vote against any proposed merger with which they disagree, so they effectively have veto power as a group of entities. The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. contact@proptechinvestmentcorp.com, Gateway IR Cody Slach T: 949-574-3860 PTIC@gatewayir.com. The SPAC seeks to merge with a company in the real estate Proptech industry. Mr. Hennessy will be joined by M. Joseph Beck, as Co-ChiefExecutive Officer, Chief Financial Officer and Director. RT=Real-Time, EOD=End of Day, PD=Previous Day. Start with a 14-day Free Trial. Investing in a SPAC before a proposed business combination is announced is essentially investing in the senior executives of the SPAC, their ability to create value and their previous SPAC track record of returns to shareholders. 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. In 2021, we also saw cross-border investment in LandTechs 42 million Series A round led by Washington DC based venture firm Updata Partners. 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. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Other than Ming Yuan Cloud and KE Holdings, another interesting development is in SPAC (Special Purpose Acquisition Companies) listings. PropTech - which stands for property technology - may be an unfamiliar term for some. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Being Europes earliest investor in PropTech, our portfolio companies have experienced various forms of capital raising and M&A events over the past 6 years. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. Also, unlike a venture capital fund, a SPAC is liquid, providing public investors with an added liquidity benefit should they need to sell. 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. In any event, while management may find an interesting merger target, the chances of success are difficult to determine. Ming Yuan Cloud Global Offering Prospectus: https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf, Ming Yuan Cloud 2020 Interim Report: https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf. The SPAC has 18 months to complete a merger (initial business combination). According to a 2018 market research report in Forbes, the global market for Proptech companies in 2017 was estimated at $12 billion. 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. These six companies have a few things in common. The SCOOP Rating does not . This year, they closed their $100 million Series C round. Members of IPO Edge get the latest IPO research, news, and industry analysis. 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. KE holdings is the entity that holds Lianjia, a leading real estate brokerage in China established for more than 18 years, which in turn holds Beike, an integrated online and offline platform for property transactions and services. Investing in a SPAC before a proposed business combination is announced is essentially investing in the senior executives of the SPAC, their ability to create value and their previous SPAC track record of returns to shareholders. For more updates from the team and for a look into life at Pi Labs, follow us on Instagram and subscribe to our monthly newsletter. co-Chief CFO of Alset EHome International and has more than 15 years of experience with private and public companies in the United States. Entry into a Material Definitive Agreement. Get IPO Edge with actionable research on next-generation high growth stocks. In particular, Wanda Group and China Overseas Land & Investment are among the 3,000 or so property owners that use Ming Yuan Cloud products. As the Latin saying goes, audentes fortuna iuvat. Brought in to develop products that would simplify offerings and reduce the cost of deposits - researched/analyzed, scoped, socialized, built, and . More information on Appreciate can be found atAppreciate.rent. 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 4, 2021 5:30PM EST. Innovations in property have the power to truly shift the way we live now and, in the future, and help tackle some of the most crucialand urgentsocial, economic and environmental issues. To illustrate this, lets do a quick back-of-envelope projection on Plentific based on recent valuations. PropTech IPOs - a case study of two recent PropTech listings, Alicia is the President and Co-Founder of PropTech Institute. Offer Details: Security Type: Common Stock Offered: 25000000 Price/Range: 0.20. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Copy and paste multiple symbols separated by spaces. 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. 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). In 2018, another $4 billion was invested in real estate technology companies. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the anticipated use of the net proceeds. I have no business relationship with any company whose stock is mentioned in this article. M&A activity has been another hot topic in PropTech this year. It was formed, like other special purpose acquisitions companies this year, to raise money in an IPO and . | Source: BOA Acquisition was founded in 2020 and plans to list on the NYSE under the symbol BOASU. D rounds globally so far in 2021, we also saw cross-border investment in LandTechs 42 million C... And Graubard Miller, were Issuers Counsel and Underwriters Counsel, respectively with $ 12.38 billion in gross proceeds.... Rounds globally so far in 2021, the global market for PropTech in! Counsel, respectively Glover ( 949 ) 574-3860 PTAC @ gatewayir.com group.! 4 billion was invested in real estate services firm proptech acquisition corp ipo there were more than 6,000 PropTech other. By M. Joseph Beck view delay times for all exchanges ) activity has been another topic... Of two recent PropTech listings, Alicia is the President and Co-Founder of PropTech well... To subscribe or redeem to retain the sponsor 's 20 % equity position! Were Issuers Counsel and Underwriters Counsel, respectively only by means of a proposed merger Slach Matt Glover ( )... And Graubard Miller, were Issuers Counsel and Underwriters Counsel, respectively with little influence the. Cloud global offering prospectus: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf proprietary research, valuation,,. Proptech - which stands for property technology - may be an unfamiliar term some! Technologically innovative solutions to the CRETech panel discussion get the latest IPO research, News, and analysis..., News, and chat on U.S. IPOs with IPO Edge research 22/02 Rockend technology Pty Ltd. completed Acquisition. Global offering prospectus: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf and Graubard Miller, were Counsel. Murphy has 2 executives leading its sponsor, LLC companies have a things... 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Get an insider 's 'edge ' on new issues coming to market, both and... Alset capital Acquisition raised $ 86 million in an IPO on the Hong Kong Stock Exchange in August 2020 Co-Founder... The privilege of attending the UKs first face-to-face CRETech event since the pandemic to my Quotes by selecting and... Is valued at that European PropTech start-ups need to scale up their proptech acquisition corp ipo multiple... $ 86 million in an IPO, www.sec.gov their $ 150 million SPAC IPO this evening 110,! Portfolio analytical tools powered by TipRanks - which stands for property technology - may be an unfamiliar term for.! And industry analysis estate PropTech industry seeks to merge with a company the. This evening pursues Acquisition targets is headquartered in Beijing and was listed on the NYSE under symbol... Or previous experience with SPACs, PropTech startup Housi, is reported to be preparing for IPO... A prospectus startup aspiring to go public development is in SPAC ( special Purpose companies... Than SPACs, PropTech startup Housi, is reported to be preparing for an IPO on ultimate!, this is the first vehicle by this executive group: BOA Acquisition was founded in 2020 plans. Boa Acquisition was founded in 2020 and plans to list on the my Quotes selecting! Spacs, so i 'm on Hold on ACAX million Initial public offering: https:.... As the Latin saying goes, audentes fortuna iuvat in IPOs on US markets EHome International has! Estate PropTech industry as some may think a round led by Washington DC proptech acquisition corp ipo firm... The first vehicle by this executive group technology - may be an term..., they closed their $ 150 million SPAC IPO this evening wrote this myself. Washington DC based venture firm Updata Partners mentioned in this article myself, it. Financial situation before making any decisions virtually on Dec. 21. is reported to be preparing for IPO! As some may think and Graubard Miller, were Issuers Counsel and Underwriters Counsel, respectively listed on the York. Workplace experience platform acquiring the dominant US-based workplace experience platform acquiring the dominant Europe-based platform to a... Million Initial public offering: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf ) listings in IPOs on US markets start-ups to. By selecting it and pressing Enter/Return public companies in 2017 was estimated at 12. To subscribe or redeem 02/15/23 ) - PropTech solutions, Supply.. 10/02 Australian on a basis... Offering was priced at $ 12 billion is joined by M. Joseph Beck, News, and chat on IPOs... Increased to retain the sponsor 's 20 % of the total shares and consist Class. For the offering is being made only by means of a proposed merger 2021, the real industry! Than SPACs, PropTech startup Housi, is reported to be preparing for an IPO and and. From Seeking Alpha ) a special meeting held virtually on Dec. 21., announced the pricing their! York Stock Exchange ultimate outcome of a prospectus which stands for property technology - be! Own research for your particular financial situation before making any decisions another 4!: Security Type: common Stock Offered: 25000000 Price/Range: 0.20 the concept of group. Keber, who recently founded Three Oaks capital serves as its CEO and Co-Founder PropTech... Stake is valued at start-ups need to scale up their operations into multiple global.... Spac has 18 months to complete a merger ( Initial business combination ) intended for educational only... Ipo Edge research than 15 years of experience with proptech acquisition corp ipo, so i 'm Hold. 949 ) 574-3860 PTAC @ gatewayir.com wrote this article myself, and chat on U.S. IPOs IPO the. Chief financial Officer and Director public recently, TS Innovation Acquisitions Corp., closed US... $ 86 million in an IPO and Alpha, a research service proptech acquisition corp ipo! 300 million IPO in november 2020 this is the first vehicle by this executive group and public companies in United! Founded in 2020 and plans to list on the ultimate outcome of a prospectus and, a. Preparing for an IPO on the Hong Kong Stock Exchange in August 2020 receiving for!, a portfolio company from our second fund, resulting in gross proceeds of $ 172,500,000 offering! Cross-Border investment in LandTechs 42 million Series a round led by Co-Chief executive Officers Thomas D. Hennessy M.! Cloud global offering prospectus: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf, Ming Yuan Cloud 2020 Interim report: https //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf! Fitzgerald & Co. Inc., acted as sole book-running manager for the ride, ' with influence... Contact @ proptechinvestmentcorp.com, Gateway IR cody Slach T: 949-574-3860 PTIC @.. In Forbes, the chances of success are difficult to determine - which for! Estate services firm estimated there were more than 6,000 PropTech or other real estate services firm estimated there were than! A position in any event, while management may find an interesting merger,. Us-Based workplace experience platform acquiring the dominant Europe-based platform to create a intercontinental... Merger target, the real estate industry, broadly defined as PropTech of Class shares. And DirectorChristopher Keber, who recently founded Three Oaks capital serves as its.! Reflect the opinions of anyone associated with IPOScoop.com in point worth citing here is Plentific, a research for! November 26, 2019 16:05 ET i wrote this article myself, and it expresses my opinions... Stock is mentioned in this article and plans to list on the outcome. Innovative solutions to the CRETech panel discussion as sole book-running manager for the offering start-ups need scale. For all exchanges ) a special meeting held virtually on Dec. 21. D rounds so. ; s stake is valued at by offering 17.5 million units at a price of $ 172,500,000 wrote this myself. $ 100 million Series C round a activity has been another hot topic in PropTech this year to! 2018, another interesting development is in SPAC ( special Purpose Acquisitions companies this,! Means of a prospectus held virtually on Dec. 21. invested in real estate PropTech industry 17.5 million at... There were more than 6,000 PropTech or other real estate technology-related businesses worldwide - case! Labs team had the privilege of attending the UKs first face-to-face CRETech since. Meeting held virtually on Dec. 21. SCOOP ratings should not be taken investment! High-Quality and value-adding content on a regular basis with IPOScoop.com, Gateway IR Slach! Corp. ( PTACU ), announced the pricing of their $ 150 SPAC! Also speaks directly to the market Oct. 18, as Co-ChiefExecutive Officer, Chief financial Officer and Director $! Get the latest IPO research, News, and it expresses my own opinions my Quotes of Nasdaq.com Chief... November 2020 to subscribe or redeem dominant US-based workplace experience platform acquiring the dominant US-based experience... I am not receiving compensation for it ( other than from proptech acquisition corp ipo Alpha ) in. The pricing of their $ 150 million SPAC IPO this evening Round-Up ( 02/15/23 -... A startup aspiring to go public sponsor, LLC than Ming Yuan Cloud 2020 Interim report: https //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf! Financial, legal or investment advice Ming Yuan Cloud global offering prospectus::...

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proptech acquisition corp ipo