Investment Opportunities

IPO Calendar: Week of 01/18/21-01/22/21

Companies release their IPO details at unpredictable times. That’s why we update this IPO calendar daily to give you the most up-to-date information available. To start, let’s look at this week’s IPOs.

This Week’s IPOs

Monday 01/18/21

***Stock market closed in observance of Martin Luther King, Jr. Day.

Tuesday 01/19/21

  • NA

Wednesday 01/20/21

  • Queen’s Gambit Growth Capital (Nasdaq: GMBTU)
  • FoxWayne Enterprises Acquisition (Nasdaq: FOXWU)
  • Gores Metropoulos II (Nasdaq: GMIIU)
  • Legato Merger (Nasdaq: LEGOU)
  • Oyster Enterprises Acquisition (Nasdaq: OSTRU)
  • TZP Strategies Acquisition (Nasdaq: TZPSU)

Thursday 01/21/21

  • Dream Finders Homes (Nasdaq: DFH)
  • MYT Netherlands (NYSE: MYTE)

Friday 01/22/21

  • Patria Investments (Nasdaq: PAX)
  • Jack Creek Investment (Nasdaq: JCICU)
  • RLX Technology (NYSE: RLX)
  • European Sustainable Growth Acquisition (Nasdaq: EUSGU)
  • Huadi International Group (Nasdaq: HUDI)
  • Liberty Media Acquisition (Nasdaq: LMACU)
  • Montauk Renewables (Nasdaq: MNTK)
  • North Atlantic Acquisition (Nasdaq: NAACU)
  • One Equity Partners Open Water I (Nasdaq: OEPW.U)
  • Primavera Capital Acquisition (NYSE: PV.U)
  • SCP & CO Healthcare Acquisition (Nasdaq: SHACU)
  • Virtuoso Acquisition (Nasdaq: VOSOU)

Upcoming IPOs

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Company Information

Queen’s Gambit Growth Capital (Nasdaq: GMBTU)

Offer Price: $10
Offer Shares: 27,500,000

Queen’s Gambit’s prospectus states…

We are a blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to focus our search on a target business that provides solutions promoting sustainable development, economic growth and prosperity. Our founder, Victoria Grace, has formed a team of management, board members and Advisory Board members who each have decades of experience in one or several of the key areas that we believe are essential to successfully identifying and partnering with the right company for a business combination. Our team includes business executives, professional investors, entrepreneurs and public company board members with a wide range of relevant experience founding, growing and leading companies, including significant experience working with private companies to prepare them to successfully execute an initial public offering. Our team has an extensive track record and broad relationships in industry, governmental and non-governmental organizations and the investment community. We believe our 100% female management team and board provide a differentiated network and perspective that strongly positions us to identify, source, negotiate, structure and execute a business combination with an attractive acquisition target.

FoxWayne Enterprises Acquisition (Nasdaq: FOXWU)

Offer Price: $10
Offer Shares: 5,000,000

FoxWayne’s prospectus states…

We are a newly organized blank check company incorporated as a Delaware corporation formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination or our business combination. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We have generated no operating revenues to date and we may not generate operating revenues even after we consummate our initial business combination. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on early stage companies in the biotechnology and/or telemedicine sector of the healthcare industry in North America. In particular, we intend to look at companies in the life sciences and pharmaceutical services sectors where our management team has extensive experience. Additionally, certain members of our board have extensive experience in the technology industry and we intend to also look at companies that fit in the technology industry.

Gores Metropoulos II (Nasdaq: GMIIU)

Offer Price: $10
Offer Shares: 40,000,000

Gores Metropoulos II’s prospectus states…

We are a newly organized blank check company incorporated as a Delaware corporation and 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, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. We intend to focus our search for a target business in the consumer products and services industry, but may also pursue acquisition opportunities in any business industry or sector, which complements our management team’s operating experience. We intend to capitalize on the ability of our management team to identify, acquire and manage a business that can benefit from our operational expertise, as members of our management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products. This operationally-oriented investment approach has served The Gores Group well since its founding in 1987.

Legato Merger (Nasdaq: LEGOU)

Offer Price: $10
Offer Shares: 20,500,000

Legato’s prospectus states…

We are a blank check company formed under the laws of the State of Delaware on June 26, 2020. We were formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to as a “target business.” We may pursue a business combination opportunity in any business or industry we choose although we currently intend to focus on target businesses in the renewables, infrastructure, engineering and construction (“E&C”) and industrial industries. To date, our efforts have been limited to organizational activities as well as activities related to this offering. None of our officers, directors, promoters and other affiliates have engaged in any substantive discussions on our behalf with representatives of other companies regarding the possibility of a potential business combination with us.

Oyster Enterprises Acquisition (Nasdaq: OSTRU)

Offer Price: $10
Offer Shares: 20,000,000

Oyster Enterprises’ prospectus states…

We are a newly organized blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. Our sponsor is an affiliate of Alden Global, an investment advisory firm focused on opportunistic and catalyst-driven investing with a history of value creation in portfolio companies. Through our affiliation with our sponsor and Alden Global, we will seek to acquire a business that we believe will provide an attractive value proposition to the public markets by utilizing our management team’s experience with opportunistic investing. We intend to focus on private companies which we believe offer an opportunity for stockholder value creation through the combination of  (i) an attractive valuation entry point, (ii) a clear plan to unlock incremental value through operational and/or strategic improvements, (iii) access to public and private financing sources and (iv) implementation of best-in-class public company governance.

TZP Strategies Acquisition (Nasdaq: TZPSU)

Offer Price: $10
Offer Shares: 25,000,000

TZP Strategies’ prospectus states…

We are a blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business in industries that align with TZP Group’s (“TZP”) focus sectors, including technology services, business services and consumer products and services (collectively our “Focus Sectors”). We aim to partner with owners and management teams seeking an investor with the experience, skills and relationships to enable their business to drive value creation and reach its full potential. Our comparative advantage includes a scaled, operator driven investment platform with broad sourcing capabilities, a well-defined investment process and deep domain knowledge coupled with extensive investing experience across our teams. We employ rigorous and repeatable processes from sourcing and diligence to value creation. We are confident that our disciplined approach will help us both identify strong acquisition candidates and drive long-term value-creation in a business combination. We believe our management team is well-suited to identify opportunities that have the potential to generate attractive risk-adjusted returns for our stockholders.

Dream Finders Homes (Nasdaq: DFH)

Offer Price: $13
Offer Shares: 9,600,000

Dream Finders Homes’ prospectus states…

We are one of the nation’s fastest growing private homebuilders by revenue and home closings since 2014. We design, build and sell homes in high growth markets, including Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area and Austin, and, with the acquisition of H&H Homes in October 2020, Charlotte and Raleigh. We employ an asset-light lot acquisition strategy with a focus on the design, construction and sale of single-family entry-level, first-time move-up and second-time move-up homes. To fully serve our homebuyer customers and capture ancillary business opportunities, we also offer title insurance and mortgage banking solutions.

MYT Netherlands (NYSE: MYTE)

Offer Price: $26
Offer Shares: 15,647,059

MYT’s prospectus states…

Mytheresa is a leading luxury e-commerce platform for the global luxury fashion consumer. We offer one of the finest edits in luxury, curated from more than 200 of the world’s most coveted brands and presented through a customer-first, digital experience. Our story began over three decades ago with the opening of Theresa, in Munich, one of the first multi-brand luxury boutiques in Germany. Mytheresa, which launched online in 2006, represented 97% of net sales and reached customers in 133 countries in fiscal 2020. We provide our customers a highly curated selection of products, access to exclusive capsule collections, in-house produced content, memorable service and a personalized shopping experience. Our more than 30 years of market insights and long-standing relationships with the world’s leading luxury brands have established Mytheresa as a global authority in luxury fashion.

Patria Investments (Nasdaq: PAX)

Offer Price: $17
Offer Shares: 26,650,000

Patria’s prospectus states…

We are one of the leading private markets investment firms in Latin America in terms of capital raised, with over US$8.7 billion raised since 2015 including co-investments. Preqin’s 2020 Global Private Equity & Venture Capital Report ranks us as the number one fund manager by total capital raised for private equity funds in the past 10 years in Latin America. As of September 30, 2020 and December 31, 2019, our assets under management, or AUM, was US$12.7 billion and US$14.7 billion, respectively, with 16 and 15 active funds, respectively, as of the same dates, and our investment portfolio was composed of over 55 and 50 companies and assets, respectively, as of the same dates. Our size and performance over our 32-year history also make us one of the most significant emerging markets-based private markets investments managers.

Jack Creek Investment (Nasdaq: JCICU)

Offer Price: $10
Offer Shares: 25,000,000

Jack Creek Investment’s prospectus states…

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an initial business combination in any industry, sector or geographic region, we intend to focus our efforts for an initial business combination within the broader food and grocery supply chain, where significant technology innovation is occurring from accelerating eCommerce demand trends.

RLX Technology (NYSE: RLX)

Offer Price: $12
Offer Shares: 116,500,000

RLX’s prospectus states…

We are the No.1 branded e-vapor company in China, capturing 48.0% and 62.6% of the market share of closed-system e-vapor products in terms of retail sales value in 2019 and the nine months ended September 30, 2020, respectively, according to the CIC Report. We deeply engage in the key activities in the e-vapor industry, from scientific research, technology and product development, supply chain management, to offline distribution. According to a survey conducted in September 2020 by CIC, we ranked 1st in terms of brand awareness, as evidenced by a mindshare of 67.6% among users of e-vapor products in China. We leverage our strong in-house technology and product development capabilities and in-depth insights into adult smokers’ needs to develop superior e-vapor products. Since our inception, we have launched five series of closed-system rechargeable e-vapor products with various value-added features. To holistically improve adult smokers’ experience with our products, we have implemented a multi-layered development framework that encompasses accessories, interactions, applications, phase-transitions and infrastructure. Under this framework, we have developed many industry-leading technologies that strengthen various aspects of our products’ quality and performance.

European Sustainable Growth Acquisition (Nasdaq: EUSGU)

Offer Price: $10
Offer Shares: 12,500,000

European Sustainable Growth’s prospectus states…

We are a blank check company, incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue a business combination target in any industry or geographical location, we intend to focus our search on European companies with leading edge technology in sustainable industries and compelling growth trajectories in a variety of areas such as renewable energy, food/agri-tech, water conservation, energy storage, recycling, ed-tech/online learning, fintech and data/cloud.

Huadi International Group (Nasdaq: HUDI)

Offer Price: $8
Offer Shares: 3,125,000

Huadi International’s prospectus states…

Huadi International Group Co., Ltd. was incorporated on September 27, 2018 under the laws of the Cayman Islands. We primarily conduct our business through our subsidiary Huadi Steel Group Co., Ltd. which was established in 1998 under the laws of PRC. Our main business operation focuses on new products development, manufacturing, marketing and sales of stainless steel seamless pipes, tubes and stainless steel bar. We are a leading manufacturer of industrial stainless steel seamless pipes and tubes products with extensive distribution facilities and network for over twenty (20) provinces in China. We have also offered a broad range of products exported to twenty (20) countries and regions such as United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Our products are widely used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, electricity, automobile, naval architecture, paper mill and mechanical industries. Our facilities have been certified with the ISO9001 and ISO14001 quality management systems.

Liberty Media Acquisition (Nasdaq: LMACU)

Offer Price: $10
Offer Shares: 50,000,000

Liberty Media’s prospectus states…

Liberty Media Acquisition Corporation (“LMAC”) is a newly incorporated blank check company, incorporated as a Delaware corporation, 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, which we refer to throughout this prospectus as our “initial business combination.” We have not selected any business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Although we may pursue an acquisition in any industry or geography, we intend to capitalize on the ability of our management team and our sponsor, to identify, acquire and operate a business that may provide opportunities for attractive risk-adjusted returns in the media, digital media, music, entertainment, communications, telecommunications and technology industries.

Montauk Renewables (Nasdaq: MNTK)

Offer Price: $8.50
Offer Shares: 3,047,125

Montauk Renewables’ prospectus states…

Montauk Renewables, Inc., a Delaware corporation (“Montauk”), is a renewable energy company specializing in the recovery and processing of environmentally detrimental methane (“biogas”) from landfills and other non-fossil fuel sources for beneficial use as a replacement to fossil fuels. We develop, own, and operate renewable natural gas (“RNG”) projects, using proven technologies that supply RNG into the transportation industry and use RNG to produce electrical power for the electrical grid (“Renewable Electricity”). Having participated in the industry for over 30 years, we are one of the largest U.S. producers of RNG. We established our operating portfolio of 12 RNG and three Renewable Electricity projects through self-development, partnerships, and acquisitions that span six states and have grown our revenues from $34.0 million in 2014 to $107.4 million in 2019.

North Atlantic Acquisition (Nasdaq: NAACU)

Offer Price: $10
Offer Shares: 33,000,000

North Atlantic’s prospectus states…

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. As of the date of this prospectus, we have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to pursue businesses in Europe or North America, with a primary focus on Europe where we have multiple decades of experience and observed SPAC activity to be underdeveloped. We are focused on effecting an initial business combination with a target that operates in one of our core industries: consumer, industrials and telecommunications. We are not, however, required to complete our initial business combination with a business in one of these industries and, as a result, may pursue an initial business combination outside of these industries if we find an alternative opportunity that will result in an attractive return to investors. We do not expect to consider target businesses that operate in the oil & gas and pharmaceutical sectors.

One Equity Partners Open Water I (Nasdaq: OEPW.U)

Offer Price: $10
Offer Shares: 30,000,000

One Equity Partners’ prospectus states…

We are a blank check company newly incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target.
While we may pursue an acquisition opportunity in any business industry or sector, we intend to pursue investments that capitalize on management expertise in a variety of end markets and allow for transformative combinations and operational excellence. We believe that our management team is well-positioned to identify investment targets and then operate them effectively as they have done with investments in the technology, healthcare, and specialty industrials sectors in the past.

Primavera Capital Acquisition (NYSE: PV.U)

Offer Price: $1o
Offer Shares: 36,000,000

Primavera Capitals’ prospectus states…

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue a business combination target in any business or industry, we intend to focus on global consumer companies with a significant China presence or a compelling China potential. We believe the economic and market dislocation resulting from the COVID-19 global pandemic has significantly broadened our opportunity set by putting additional pressure on many consumer businesses, which were already facing challenges prior to the pandemic. We further believe that as China becomes one of the first major economies to return to growth since the onset of the pandemic, consumer brands that can disproportionately benefit from strong brand equity and favorable consumption trends in China will emerge as long-term global winners in their addressable markets. We believe our management team and our directors have the relevant skills and experience to identify consumer companies that can best capture the current market opportunities.

SCP & CO Healthcare Acquisition (Nasdaq: SHACU)

Offer Price: $10
Offer Shares: 20,000,000

SCP & CO’s prospectus states…

We are a newly organized blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. We may pursue an initial business combination target in any industry or geographic region. While we may pursue an initial business combination in any industry, sector or geographical location, we intend to initially focus our search on identifying a prospective target business in the healthcare technology or healthcare-related industries in the United States and other developed countries. Our strategy will be to identify, acquire and, after our initial business combination, build, a healthcare technology or healthcare-related platform that is positioned for both organic and M&A growth. We intend to focus our investment effort broadly across the entire healthcare industry, initially targeting information-driven & tech-enabled services, digital health & related infrastructure, diagnostics, and personalized care solutions, well positioned to capture opportunities created by the accelerating evolution of healthcare delivery.

Virtuoso Acquisition (Nasdaq: VOSOU)

Offer Price: $10
Offer Shares: 20,000,000

Virtuoso Acquisition’s prospectus states…

We are a newly organized blank check company incorporated as a Delaware corporation and 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, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we intend to focus our search on media companies, within the Digital Marketing, Digital Platforms, Subscription, and Ad Tech sectors. Our management team has had significant success sourcing, acquiring, growing and monetizing these types of companies. We believe this experience makes us well suited to identify, source, negotiate and execute an initial business combination with the ultimate goal of pursuing attractive risk-adjusted returns for our stockholders.

The IPO calendar this week presents some unique investing opportunities. If you’re looking for more insight, Investment U is the place to be. Sign up for our free e-letter below! It’s full of useful tips and research from our experts. Whether you’re a beginner or an experienced investor, Investment U has something for everyone.


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