![]() ![]() We have seen a sharp increase in short attacks post-closing, that in many cases are being driven by poor or sloppy disclosure practices and a lack of public company readiness. “With any rapidly developing financial instrument, as transaction volumes increase, so do the risks. ![]() ![]() “The strong interest in SPAC IPOs is being driven by the private market’s desire for broader liquidity and exit options beyond a traditional IPO,” said Phil Denning, Partner at ICR. “We do this by assembling a hands-on team of industry-focused investor relations, public relations, and corporate governance experts to advise both the SPAC sponsor and the target company leading up to the deal announcement, during the de-SPAC process, and after the deal closing to ensure a smooth transition to life as a publicly listed entity.” “ICR’s role in SPAC transactions is to help drive optimal outcomes for our clients by preparing for and executing on critically-important and fully-integrated investor, analyst, and media marketing, communications, and awareness campaigns,” said Don Duffy, President of ICR. ICR advised on more than 50 SPAC transactions in 2020, including the five best performing SPACs of the year, according to Investopedia. The SPAC IPO momentum is continuing in January 2021 with 90 SPAC IPOs as of January 29, compared to just eight SPAC IPOs in full first quarter of 2020. This strong full year and fourth quarter SPAC IPO activity resulted in 274 active public SPACs holding more than $86 billion in cash as of December 31, 2020. The full year of 2020 was transformative for SPACs, with 248 IPOs raising over $83 billion. SPAC IPO issuance accelerated at a record pace in the fourth quarter of 2020, with 132 SPACs raising $39 billion, up from the $32 billion raised in the third quarter of 2020. Appoints Mary G.NEW YORK-( BUSINESS WIRE)- ICR, a leading strategic communications and advisory firm, today released its Q4 2020 SPAC Market Update. North American Morning Briefing : Hopes A Mild -2-Īn unknown buyer entered into an agreement to acquire SMART Brazil operations from SMART Global Holdings, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2024 Reports Earnings Results for the Fourth Quarter and Full Year Ended August 25, 2023 Reports Impairment Charges for the Fourth Quarter Ended August 25, 2023 Street Est of $375MĮarnings Flash (SGH) SMART GLOBAL HOLDINGS Reports Q4 EPS $0.35, vs. Transcript : SMART Global Holdings, Inc., Q4 2023 Earnings Call, Oct 12, 2023Įarnings Flash (SGH) SMART GLOBAL HOLDINGS Posts Q4 Revenue $316.7M, vs. SMART Global Fiscal Q4 Non-GAAP Earnings, Sales Drop Sets Fiscal Q1 Outlook Shares Tumble After Hours SMART Global Fiscal Q4 Non-GAAP Earnings, Sales Drop Sets Fiscal Q1 Outlook Shares Tumble Premarket North American Morning Briefing : Stock Futures Point Lower Ahead of Big Bank Earnings Sector Update: Tech Stocks Up Slightly Premarket Fridayĭeutsche Bank Adjusts SMART Global Price Target to $24 From $34, Maintains Buy Rating JPMorgan, Wells Fargo Post Higher Q3 Earnings as US Equity Futures Waver Pre-Bell Stifel Lowers Price Target on SMART Global to $26 From $32, Maintains Buy Rating ![]() SMART Global Shares Drop as Stifel Cuts Price Target After Fiscal Q4 Miss Sector Update: Tech Stocks Retreating Late Afternoon ![]()
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