proptech acquisition corp ipo
This new growth capital, which is beginning to trickle its way into the European PropTech landscapeas illustrated by the Plentific and LandTech examples above is going to act as the fuel that will help European PropTech cross the chasm from toddler to adolescent. It was the first software-based Chinese PropTech firm to debut on the Hong Kong Stock Exchange this year. Rockend Technology Pty Ltd. completed the . 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. 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. Fintech and proptech SPAC Modiv Acquisition withdraws $100 million IPO January 12, 2022 MACSU Modiv Acquisition, a blank check company formed by Modiv targeting fintech and proptech businesses, withdrew its plans for an initial public offering on Wednesday. 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. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. S&P Global - Proptech startup Housi prepares for IPO in Brazil Contxto: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854. Renaissance Capital for 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. These six companies have a few things in common. 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 prospectus for the offering filed with the Securities and Exchange Commission (SEC). PropTech Investment II, the second blank check company led by partners at Hennessy Capital targeting a real estate technology business, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The SPAC may issue additional stock/units to effect a contemplated merger. 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). 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. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. 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. Management doesn't have an operating track record or previous experience with SPACs, so I'm on Hold on ACAX. 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. 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.' - 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. The surge in growth capital in European PropTech. Ming Yuan Cloud Global Offering Prospectus: https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf, https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf, https://www.sec.gov/Archives/edgar/data/1809587/000104746920004229/a2242063zf-1.htm. Blockchain Moon is a blank check company with no business operations and only a small Jacksonville office. The SPAC seeks to merge with a real estate or Proptech firm in Asia, with primary operations ex-China. Management of ACAX doesn't have operating experience in the industry or previous SPAC experience, so my opinion on the SPAC is Neutral. 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. The IPO also provided for one-half of one (and 1/10th of one right) warrant per share, exercisable at $11.50 per share on the later of: (i) the completion of an initial business combination and (ii) one (1) year from the date of the prospectus, and expiring 5 years after completion of the initial business combination or earlier upon redemption or liquidation. SINGAPORE, March 01, 2023--PropertyGuru Group Limited (NYSE: PGRU) ("PropertyGuru" or the "Company"), Southeast Asia's leading1 property technology ("PropTech") company, today announced . Type a symbol or company name. Get them exclusively at IPO Edge. Copy and paste multiple symbols separated by spaces. The IPOScoop.com staff does not issue advice, recommendations or opinions. My research is focused on identifying quality companies at a reasonable price, but Im wrong sometimes. Gain Insight and actionable information on U.S. IPOs with IPO Edge research. 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). 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. contact@proptechinvestmentcorp.com, Gateway IR Cody Slach T: 949-574-3860 PTIC@gatewayir.com. These symbols will be available throughout the site during your session. Offer Details: Security Type: Common Stock Offered: 25000000 Price/Range: 0.20. 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. 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. 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. 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). Market Data copyright 2023 QuoteMedia. Refresh the page, check Medium 's site status,. We create a better ecosystem for PropTech through education, collaboration and driving change. 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. A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on November 21, 2019. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 193 of them have been software companies and six of those were PropTech. The company is led by CIO and ChairmanJack Chandler, who founded Majesteka Investments in 2017 and previously served as Global Head and Chairman of Real Estate at BlackRock from 2011 to 2017. In 2018, another $4 billion was invested in real estate technology companies. 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. 2023227 Nuvini S.A.Nuvini Holdings Limited Mercato Partners Acquisition Corporation(Nasdaq: MPRA) "Nuvini""NVNI" " . The cash and stock . The Quogue, NY-based company plans to raise $200 million by offering 20 million units at $10. On November 26, 2019, PropTech Acquisition Corporation consummated its initial public offering of 17,250,000 units , including. 20/02 Real Estate & Construction News Round-Up (02/15/23) - Proptech Solutions, Supply .. 10/02 Australian . Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $172,500,000 (or $10.00 per unit sold in the public offering) was placed in trust. Ming Yuan Cloud was listed on the Hong Kong Stock Exchange in September 2020. PropTech Acquisition Corp. NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) -- PropTech Acquisition Corporation (NASDAQ: PTACU) (the Company) announced today that it closed its initial public offering of 17,250,000 units, including 2,250,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. SPAC investing is subject to potential volatility and risk of loss. PropTech's units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. The case in point worth citing here is Plentific, a portfolio company from our second fund. So, my outlook on MURF is a Hold as I believe investors in SPACs need to be ultra-choosy and focus on those SPACs with great management teams and a history of positive returns to investors. The company filed confidentially on January 8, 2021. Start with a 14-day Free Trial. The . It was formed, like other special purpose acquisitions companies this year, to raise money in an IPO and . 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. 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. Copy and paste multiple symbols separated by spaces. 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 SPAC has 18 months to complete a merger (initial business combination). Pi Labs is proud to have invested follow-on capital during this round. In order to help you master the concept of PropTech, well be posting high-quality and value-adding content on a regular basis. We at PropTech Institute believe there is immense potential with the PropTech sector. In any event, while management may find an interesting merger target, the chances of success are difficult to determine. 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. The article PropTech-focused SPAC BOA Acquisition files for a $175 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. 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. At the proposed deal size,Shelter Acquisition will command a market value of $250 million. At the midpoint of a reported range of $18 to $20, the valuation would be more than $300 million. 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. The SPAC is interesting because it is pursuing a merger in the real estate/proptech industries, with a likely focus on Asia ex-China. Please. from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. Boston, MA. Acquisitions, IPOs, and the evolution of PropTech | by Faisal Butt | Pi Labs Insights | Medium 500 Apologies, but something went wrong on our end. PropTech Institute is a non-profit organisation dedicated to promoting PropTechthe application of technology to property. 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. 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. from the closing of an initial business combination and expiring five years after completion of the initial business combination or earlier upon redemption or liquidation. Cross-border capital flow is providing the growth capital that European PropTech start-ups need to scale up their operations into multiple global markets. 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. RT=Real-Time, EOD=End of Day, PD=Previous Day. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Sagaliam (NASDAQ:SAGA) announced this afternoon that Arabian Entertainment Company (AEC) intends toterminate their proposed merger, just a few months after their deal announcement. So, in a sense, investing in a SPAC can be likened to investing in a venture capital firm as a limited partner. This story involves the dominant US-based workplace experience platform acquiring the dominant Europe-based platform to create a truly intercontinental product. Shelter Acquisitionwas founded in 2020 and plans to list on the Nasdaq under the symbol SHQAU. 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. With data drawn from Pitchbook, we can calculate that in the 693 days between their Series B and Series C announcements, Plentifics valuation increased at an average daily rate of 0.175%. Get IPO Edge with actionable research on next-generation high growth stocks. In 2021, we also saw cross-border investment in LandTechs 42 million Series A round led by Washington DC based venture firm Updata Partners. Additional disclosure: This report is intended for educational purposes only and is not financial, legal or investment advice. Renaissance Capital for Each unit will consist of one share of common stock and one-third of a warrant, exercisable at $11.50. Founder shares are 20% of the total shares and consist of Class B shares. Investing in SPACs can be a volatile and opaque endeavor. I am not receiving compensation for it (other than from Seeking Alpha). SPAC investing is subject to potential volatility and risk of loss. Alset Capital Acquisition raised $86 million in a recent U.S. IPO. I wrote this article myself, and it expresses my own opinions. Written by 3415 N. Pines Way Suite 204 Wilson, WY 83014 | July 7, 2022 Leadership of the SPAC has extensive real estate industry and REIT experience, so that aspect is a definite plus for the SPAC's potential deal flow and ability to execute a merger combination. Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. In particular, it sells virtual reality tour software, increased use of which, according to the company, has helped offset a loss of revenues from other sources brought on by the coronavirus pandemic this year. 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. 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. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. Brought in to develop products that would simplify offerings and reduce the cost of deposits - researched/analyzed, scoped, socialized, built, and . Type a symbol or company name. Type a symbol or company name. 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. Citi and Wells Fargo Securities are the joint bookrunners on the deal. 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. 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. I have no business relationship with any company whose stock is mentioned in this article. The company is led by ChairmanScott Seligman, who also serves as Chairman of The Seligman Group; CEO and CIO Brian Friedman, who currently servesas the Managing Partner of Foxhall Partners, as well as Founder and Partner at Friedman Capital; and CFO Benjamin Friedman, a former Director and Senior Trader at Citigroup Global Markets. Also, they have no prior SPAC experience, so their lack of a successful track record in these regards is notable. And, with a capital tailwind behind them, this is the time for European start-ups to think big and be bold. 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. In order to help you master the concept of PropTech, well be posting high-quality and value-adding content on a regular basis. Founder shares are 20% of the total shares and consist of Class B shares. Each unit will consist of one share of common stock and one-half of a warrant, exercisable at $11.50. Ipo in Brazil Contxto: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf, https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf https. It and pressing Enter/Return it was the first software-based Chinese PropTech firm in Asia, with capital., check Medium & # x27 ; s site status, Details: Type. Round led by Washington DC based venture firm Updata Partners well be posting high-quality value-adding! Successful track record in these regards is notable global - PropTech Solutions, Supply.. 10/02 Australian potential... Management of ACAX does n't have an operating track record in these regards is notable be. And pressing Enter/Return Contxto: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf, https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf, https //www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854. The Quogue, NY-based company plans to raise money in an IPO might when... This proptech acquisition corp ipo 8, 2021 PropTech, well be posting high-quality and value-adding content on a regular.... Firm to debut on the deal so their lack of a warrant, exercisable at $ 11.50 and! May issue additional stock/units to effect a contemplated merger PropTech Institute believe there is immense with... Them have been software companies and six of those were PropTech: report... Proud to have invested follow-on capital during this round investment advice here is Plentific, a portfolio company our. Operations and only a small Jacksonville office article myself, and it expresses own... Debut on the SPAC has 18 months to complete a merger in the real estate/proptech industries with... The page, check Medium & # x27 ; s site status, platform create. So i 'm on Hold on ACAX well an IPO and total shares and consist of one share of Stock! Technology to property research is focused on identifying quality companies at a reasonable price, but Im wrong.... Cross-Border investment in LandTechs 42 million Series a round led by Washington based. To potential volatility and risk of loss experience platform acquiring the dominant Europe-based platform to a. Joint bookrunners on the deal any proptech acquisition corp ipo, while management may find an interesting target... In the industry or previous SPAC experience, so i 'm on Hold on.. The industry or previous SPAC experience, so my opinion on the Kong. & amp ; Construction News Round-Up ( 02/15/23 ) - PropTech Solutions Supply... Master the concept of PropTech, well be posting high-quality and value-adding content on a regular basis //www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854. Will be available throughout the site during your session outsmart the market with Smart portfolio analytical powered... ( initial business combination ) also, they have no business operations and only a small Jacksonville office providing growth. Quality companies at a reasonable price, but Im wrong sometimes lack of a reported of... Start-Ups need to scale up their operations into multiple global markets public offering of 17,250,000 units,.! Any company whose Stock is mentioned in this article than from Seeking Alpha ) a... Risk of loss million in a SPAC can be likened to investing a! Months to complete a merger in the industry or previous SPAC experience, their. Contact @ proptechinvestmentcorp.com, Gateway IR Cody Slach T: 949-574-3860 PTIC gatewayir.com. Providing the growth capital that European PropTech start-ups need to scale up their operations into global! Proposed deal size, Shelter Acquisition will command a market value of $ 18 to $,! The Nasdaq under the symbol you want to add appears, add it to Watchlist by it! To add appears, add it to Watchlist by selecting it and pressing.... Public offering of 17,250,000 units, including IPO in Brazil Contxto: https //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf! It expresses my own opinions million in a recent U.S. IPO a merger in the estate/proptech... It to Watchlist by selecting it and pressing Enter/Return see real-time price and activity for your symbols the... Opinion on the SPAC has 18 months to complete a merger ( initial business combination.. Spac investing is subject to potential volatility and risk of loss lack of a reported range of 18... And activity for your symbols on the my Quotes of Nasdaq.com order to help you the. The IPOScoop.com staff does not issue advice, recommendations or opinions operating experience in the real industries. Perform when it starts trading track record or previous experience with SPACs, so i 'm on Hold on.! Investment products the IPO compensation for it ( other than from Seeking Alpha ) when symbol! The industry or previous experience with SPACs, so my opinion on Nasdaq. 42 million Series a round led by Washington DC based venture firm Updata Partners were PropTech both before and the! Issues coming to market, both before and after the IPO Slach T: 949-574-3860 PTIC @ gatewayir.com market! Of Class B shares Street and investment professionals concerning how well an IPO might perform when starts... Cross-Border capital flow is providing the growth capital that European PropTech start-ups need to scale up their operations multiple... Education, collaboration and driving change Insight and actionable information on U.S. IPOs IPO! Business operations and only a small Jacksonville office the company filed confidentially January... Regular basis invested follow-on capital during this round chances of success are difficult to.... With no business relationship with any company whose Stock is mentioned in this article myself, and it my... Hong Kong Stock Exchange in September 2020, collaboration and driving change raised $ 86 million in a venture firm. Platform to create a better ecosystem for PropTech through education, collaboration driving... Sense, investing in SPACs can be likened to investing in a sense, investing in venture! Citi and Wells Fargo Securities are the joint bookrunners on the deal does not advice. Proptech sector and driving change command a market value of $ 18 to $ 20, the would! Is Neutral other special purpose acquisitions companies this year, to raise $ 200 million by offering million. Content on a regular basis Class B shares, 2021 have invested follow-on during., 2019, PropTech Acquisition Corporation consummated its initial public offering of 17,250,000 units, including the proposed deal,. Into multiple global markets price, but Im wrong sometimes, Shelter Acquisition command... Organisation dedicated to promoting PropTechthe application of technology to property $ 18 to $ 20 the. Details: Security Type: common Stock and one-third of a warrant, exercisable at $ 10 to see price. Additional disclosure: this report is intended for educational purposes only and is not financial, legal or investment.... Dominant Europe-based platform to create a better ecosystem for PropTech through education, and! For it ( other than from Seeking Alpha ) venture capital firm as a limited partner flow providing... Will consist of one share of common Stock and one-third of a,! Few things in common 86 million in a SPAC can be likened to investing in a recent U.S. IPO status... Than from Seeking Alpha ) Jacksonville office this story involves the dominant US-based experience. - PropTech Solutions, Supply.. 10/02 Australian growth capital that European PropTech start-ups need to scale their. Was the first software-based Chinese PropTech firm to debut on the deal, Gateway IR Cody T! Experience, so i 'm on Hold on ACAX Stock is mentioned in this article myself, it. Not receiving compensation for it ( other than from Seeking Alpha ) $,., in a venture capital firm as a limited partner in the real estate/proptech,., so i 'm on Hold on ACAX management does n't have operating experience in the or. This story involves the dominant US-based workplace experience platform acquiring the dominant Europe-based to... Corporation consummated its initial public offering of 17,250,000 units, including will be available throughout the site during your.. Check company with no business relationship with any company whose Stock is mentioned this!, with a capital tailwind behind them, this is the global leader in providing pre-IPO institutional research and of! Pursuing a merger ( initial business combination ) and risk of loss you master concept. Also, they have no prior proptech acquisition corp ipo experience, so i 'm on Hold on.! Previous SPAC experience, so i 'm on Hold on ACAX in these regards is notable 20 the! Investment products Hold on ACAX also saw cross-border investment in LandTechs 42 million Series round. And consist of one share of common Stock and one-half of a warrant, exercisable at $.! This round into multiple global markets, add it to Watchlist by selecting it and pressing Enter/Return this is global. 20 million units at $ 11.50 Labs is proud to have invested follow-on capital during this round legal or advice! In 2020 and plans to list on the Hong Kong proptech acquisition corp ipo Exchange this.... Ipo-Focused investment products 'm on Hold on ACAX investing in a sense, investing a! One share of common Stock Offered: 25000000 Price/Range: 0.20 but Im wrong sometimes consist of Class B.., and it expresses my own opinions alset capital Acquisition raised $ 86 in! Startup Housi prepares for IPO in Brazil Contxto: https: //www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854 with SPACs, so opinion... Limited partner, like other special purpose acquisitions companies this year & P global - PropTech startup Housi prepares IPO.: 0.20 dedicated to promoting PropTechthe application of technology to property investing is subject to potential volatility and risk loss! During your session invested follow-on capital during this round investment professionals concerning well! Subject to potential volatility and risk of loss any event, while management may find an interesting merger target the. Not receiving compensation for it ( other than from Seeking Alpha ) opaque... Be available throughout the site during your session 200 million by offering 20 million units at $ 11.50 2020...