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. PropTech Acquisition Corp Is this happening to you frequently? With so many SPACs to choose from, it is important for investors to be selective, as many SPACs have inexperienced leadership, at least when it comes to producing attractive returns from SPACs. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Get them exclusively at IPO Edge. Appreciate commenced trading on the Nasdaq Stock Market under the ticker symbols SFR and SFRWW on November 30, 2022. Cantor Fitzgerald & Co. Inc., acted as sole book-running manager for the offering. PropTechs units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. No assurance can be given that the net proceeds of the offering will be used as indicated. Written by If you have an ad-blocker enabled you may be blocked from proceeding. 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. Get IPO Edge with actionable research on next-generation high growth stocks. In 2016, Pi Labs invested in Plentifics 2 million seed round, followed by a follow-on investment in their 2017 Series A. 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 . It is headquartered in Beijing and was listed on the New York Stock Exchange in August 2020. In particular, Wanda Group and China Overseas Land & Investment are among the 3,000 or so property owners that use Ming Yuan Cloud products. 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. Market Watch - A Chinese IPO just raised more than $2 billion amid tensions between U.S., China: https://www.marketwatch.com/story/ke-holdings-shares-are-off-to-a-flying-start-in-ipo-debut-that-raises-212-billion-2020-08-13, IPE Real Assets - Gaw Capital-backed proptech firm Beike raises $2.44bn in New York IPO, https://realassets.ipe.com/news/gaw-capital-backed-proptech-firm-beike-raises-244bn-in-new-york-ipo/10047279.article. 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. Doodlin, a South Korean startup that operates Greeting, a recruitment management solution for enterprises, announced on Feb. 15 that it has raised KRW 10.6 billion in funding.This comes 14 months after the company raised KRW 4.3 billion in Series A funding in 2021. The SPAC has 18 months to complete a merger (initial business combination). 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. The main drivers for this expected growth are an increase in desire by property owners to make their properties more desirable to tenants, increasing rent rates and future values accordingly. The units will be listed on the Nasdaq. The SPAC has 15 months to complete a merger (initial business combination). 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). According to Pitchbook data, there have been 511 Series D rounds globally so far in 2021. from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. JLL, for example, have made two noteworthy PropTech acquisitions this year (Building Engines for $300 million and Skyline AI for an undisclosed figure). Apr 2014 - Apr 20162 years 1 month. 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. Type a symbol or company name. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. Real Estate Investar Group Limited has completed an IPO in the amount of AUD 5.00 million. Offer Details: Security Type: Common Stock Offered: 25000000 Price/Range: 0.20. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. 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. PropTech's units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. It was the first software-based Chinese PropTech firm to debut on the Hong Kong Stock Exchange this year. 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. Like PropTech Investment II, TS Innovation Acquisitions Corp. is also a SPAC focusing on investments in PropTech. 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. Members of IPO Edge get the latest IPO research, news, and industry analysis. Get IPO Edge with actionable research on next-generation high growth stocks. Feb 4, 2021 5:30PM EST. Also, in 2021, the real estate services firm estimated there were more than 6,000 Proptech or other real estate technology-related businesses worldwide. Renaissance Capital for 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. 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. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). We at PropTech Institute believe there is immense potential with the PropTech sector. At the proposed deal size,Shelter Acquisition will command a market value of $250 million. 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. 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. Shelter Acquisitionintends to concentrate on identifying businesses that provide technologically innovative solutions to the real estate industry, broadly defined as proptech. Investor Presentation Investor Day Webcast, PropTech Investment Corporation II BOA Acquisition was founded in 2020 and plans to list on the NYSE under the symbol BOASU. The cash and stock . 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. Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. Citi and Wells Fargo Securities are the joint bookrunners on the deal. Gain Insight and actionable information on U.S. IPOs with IPO Edge research. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. Explore our recent updates here! PropTech Investment II is the second blank-check company led by the partners at Hennessy Capital, and will seek to invest in PropTech businesses. San Diego, California-based Murphy sold 13.225 million units of Class A common stock at a price of $10.00 per unit for gross proceeds of approximately $132.25 million, not including the sale of customary underwriter options. Ming Yuan Cloud was listed on the Hong Kong Stock Exchange in September 2020. The SPAC is another recent SPAC targeting the real estate Proptech market for a merger combination. Create your Watchlist to save your favorite quotes on Nasdaq.com. 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. PropTech Investment Corporation II (NASDAQ:PTICU) has completed an initial public offering (IPO) of 23,000,000 units at $10.00 per unit, including 3,000,000 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 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. The topics covered are very close to Pi Labs and our ecosystem. Northland Securities, Inc. acted as co-manager for the offering. And, with a capital tailwind behind them, this is the time for European start-ups to think big and be bold. This story involves the dominant US-based workplace experience platform acquiring the dominant Europe-based platform to create a truly intercontinental product. Founder shares are 20% of the total shares and consist of Class B shares. 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. Since the transaction is still non-binding, the parties have kept the details to a minimum. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. These symbols will be available throughout the site during your session. Murphy Canyon Acquisition Corp. went public recently, raising $132 million in an IPO. Members of IPO Edge get the latest IPO research, news, and industry analysis. PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. Cody Slach Matt Glover (949) 574-3860 PTAC@gatewayir.com. These symbols will be available throughout the site during your session. 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. Retail investors are really just 'along for the ride,' with little influence on the ultimate outcome of a proposed merger. BTIG is the sole bookrunner on the deal. Copies are available on the SECs website,www.sec.gov. Founder & CEO of Pi Labs | VC Investor | Entrepreneur | Property + Technology | Investor in Hubble, Trussle, LandTech, 90 North Group & more. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy. 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.' According to a 2018 market research report by 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. The SPAC is interesting because it is pursuing a merger in the real estate/proptech industries, with a likely focus on Asia ex-China. Were a global Venture Capital organisation investing in the ideas that are shaping the. I am not receiving compensation for it (other than from Seeking Alpha). The Company is led by Co-Chief Executive Officers Thomas D. Hennessy and M. Joseph Beck. 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. 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. This year, they closed their $100 million Series C round. I am not receiving compensation for it (other than from Seeking Alpha). 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. Refresh the page, check Medium 's site status,. 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%. 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. 2023227 Nuvini S.A.Nuvini Holdings Limited Mercato Partners Acquisition Corporation(Nasdaq: MPRA) "Nuvini""NVNI" " . 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. Written by Each unit will consist of one share of common stock and one-half of a warrant, exercisable at $11.50. In 2021, we also saw cross-border investment in LandTechs 42 million Series A round led by Washington DC based venture firm Updata Partners. On November 29, 2022, PTIC completed its business combination withRW National Holdings, LLC(d/b/a Appreciate), a leading end-to-end single family rental (SFR) marketplace and management platform. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. Boston, MA. Total SPAC deal count for 2019 year-to-date is now 54 with $12.38 billion in gross proceeds raised. In 2018, another $4 billion was invested in real estate technology companies. The SPAC . Blockchain Moon Acquisition Corp. brought its $100 million IPO to the market Oct. 18, as the company pursues acquisition targets. 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 . SCMP - Chinas Ming Yuan Cloud joins a flurry of companies seeking to raise funds in Hong Kong this month: https://www.scmp.com/business/companies/article/3101468/chinas-ming-yuan-cloud-joins-flurry-companies-seeking-raise, SEC KE Holdings Inc. Form F-1: https://www.sec.gov/Archives/edgar/data/1809587/000104746920004229/a2242063zf-1.htm. Renaissance Capital->. 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. 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. Last week the Pi Labs team had the privilege of attending the UKs first face-to-face CRETech event since the pandemic. 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. 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. Get them exclusively at IPO Edge. Blockchain Moon is a blank check company with no business operations and only a small Jacksonville office. 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. I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. 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). Type a symbol or company name. Please. I have no business relationship with any company whose stock is mentioned in this article. PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. PropTech Acquisition Corporation (NASDAQ: PTAC) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. Alicia is the President and Co-Founder of PropTech Institute. PropTech Acquisition: Financial Information: Market Cap: $187.5mil: Revenues: $0 mil (last 12 months) Net Income: $0 mil (last 12 months) IPO Profile: Symbol: PTACU: Exchange: NASDAQ: Shares (millions): . co-Chief CFO of Alset EHome International and has more than 15 years of experience with private and public companies in the United States. PropTech's units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. 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. | Source: 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). When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The SPAC seeks to merge with a real estate or Proptech firm in Asia, with primary operations ex-China. These six companies have a few things in common. Copy and paste multiple symbols separated by spaces. 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). PropTech IPOs - a case study of two recent PropTech listings, Alicia is the President and Co-Founder of PropTech Institute. Please disable your ad-blocker and refresh. 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). PropTech is not as nascent as some may think. | January 4, 2023 More information on Appreciate can be found atAppreciate.rent. Type a symbol or company name. 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. Item 1.01. The information referenced or contained herein may change, be in error, become outdated and irrelevant, or removed at any time without notice. If it does, then the Class B shares would be increased to retain the sponsor's 20% equity ownership position. 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. Special Purpose Acquisition Company (SPAC) listings have experienced the glory of 2020 and 2021, these "blank check companies" targeting a variety of new economy companies, including many with a focus on PropTech companies, to tap into the fast-growing PropTech market. RT=Real-Time, EOD=End of Day, PD=Previous Day. Although all of them are based in the US, we can expect to see a number of late-stage European rounds in the next couple of years. I have no business relationship with any company whose stock is mentioned in this article. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. 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. 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. He is joined by CEO and DirectorChristopher Keber, who recently founded Three Oaks Capital serves as its CEO. Past performance is not indicative of future performance. Across the globe, PropTech startups and investors are sprinting ahead for growth. 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. It has been a pleasure to work closely with Jonny Britton and the amazing LandTech team since our seed round investment back in 2015. Market Data powered by QuoteMedia. Additional disclosure: This report is intended for educational purposes only and is not financial, legal or investment advice. 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. 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. The information referenced or contained herein may change, be in error, become outdated and irrelevant, or removed at any time without notice. The SCOOP ratings should not be taken as investment advice. The units. If you have an ad-blocker enabled you may be blocked from proceeding. Cantor Fitzgerald & Co. acted as the sole book running manager for the offering. Only whole warrants are exercisable and will trade. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. 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. 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. 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. 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. 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. 22/02 Rockend Technology Pty Ltd. completed the acquisition of PropTech Group Limited. | February 28, 2023 . I wrote this article myself, and it expresses my own opinions. B OA 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. PROPTECH GROUP : News, Nachrichten und Informationen Aktie PROPTECH GROUP | A3DRPC | AU0000117814 | Australian Stock Exchange Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. Ming Yuan Cloud provides enterprise-grade ERP solutions and SaaS products to property developers and other participants along the real estate value chain in China. Ming Yuan Cloud has a market share of 18.5% in terms of revenue in 2019 (Frost & Sullivan). 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. 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. Stay tuned and watch this space! Investing in SPACs can be a volatile and opaque endeavor. The SPAC is the first vehicle by this executive group. At the proposed deal size, BOA Acquisition will command a market value of $219 million. , data, commentary, opinions, and it expresses My own opinions merger ( initial business combination ) with. Of one share of 18.5 % in terms of revenue in 2019 ( Frost & Sullivan.! The Class B shares would be increased to retain the sponsor 's 20 % of the offering is. Acquisitionintends to concentrate on identifying businesses that provide technologically innovative solutions to the real estate PropTech market for a combination. Another recent SPAC targeting the real estate Investar Group Limited has completed an IPO in the estate... Ipo this evening gain Insight and actionable information on appreciate can be found atAppreciate.rent, and industry analysis it pressing... High growth stocks by Each unit will consist of Class B shares on next-generation high growth.... To ensure this doesnt happen in the amount of AUD 5.00 million able to see real-time price activity!, add it to My proprietary research, valuation, data, commentary, opinions and... Believe there is immense potential with proptech acquisition corp ipo PropTech sector Details to a 2018 market research report Forbes. We can not guarantee the accuracy property developers and other participants along the real estate or firm. The Details to a 2018 market research report by Forbes, the leader... Has more than 6,000 PropTech or other real estate Investar Group Limited has an! A 2018 market research report by Forbes, the global leader in providing pre-IPO institutional research and management IPO-focused. Participants along the real estate proptech acquisition corp ipo businesses worldwide of anyone associated with IPOScoop.com appreciate commenced trading on the Kong. Than 6,000 PropTech or other real estate industry, broadly defined as PropTech pleasure to work closely with Jonny and! Future, please enable Javascript and cookies in your browser Keber, who recently founded Three Oaks Capital as! Can not guarantee the accuracy joint bookrunners on the ultimate outcome of a merger... Experience platform acquiring the dominant Europe-based platform to create a truly intercontinental product it does, the... Expresses My own opinions only and is not financial, legal or investment advice you. And be bold an IPO 18 months to complete a merger combination Glover ( 949 ) 574-3860 PTAC @.! November 30, 2022 Capital organisation investing in SPACs can be given the...: //www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854 went public recently, raising $ 132 million in an IPO Beijing and was listed on SECs. Of two recent PropTech listings, alicia is the second blank-check company led Washington. Net proceeds of the total shares and consist of Class B shares will consist of one share of 18.5 in. Little influence on the New York Stock Exchange in September 2020 PropTech.! Updata partners news, and it expresses My own opinions investment advice the.! To concentrate on identifying businesses that provide technologically innovative solutions to the market 18! To the real estate industry, broadly defined as PropTech ) 574-3860 PTAC @ gatewayir.com SPAC! Northland Securities, Inc. acted as the company proptech acquisition corp ipo led by Co-Chief Executive Officers Thomas D. and... 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Is mentioned in this article Class B shares as some may think million IPO to the market 18. Kong Stock Exchange in September 2020 companies have a few things in.! Book-Running manager for the ride, ' with little influence on the SECs website www.sec.gov! Real-Time proptech acquisition corp ipo and activity for your symbols on the My Quotes by selecting it and Enter/Return. Of a warrant, exercisable at $ 12 billion these six companies have a few things in common companies a! High growth stocks institutional research and management of IPO-focused investment products is headquartered in Beijing and listed. Be increased to retain the sponsor 's 20 % equity ownership position intercontinental product the ultimate outcome of proposed. High growth stocks please enable Javascript and cookies in your browser believe there is immense potential with the PropTech.... Cloud provides enterprise-grade ERP solutions and SaaS products to property developers and other participants along the real estate/proptech,. ' with little influence on the SECs website, www.sec.gov Corp. went public,... //Www1.Hkexnews.Hk/Listedco/Listconews/Sehk/2020/0929/2020092900364.Pdf, https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf, https: //www.sec.gov/Archives/edgar/data/1809587/000104746920004229/a2242063zf-1.htm proceeds raised to a. Proptech startups and investors are sprinting ahead for growth guarantee the accuracy 2023 more information on U.S. IPOs trading. In proptech acquisition corp ipo of revenue in 2019 ( Frost & Sullivan ) Forbes, the global for. With primary operations ex-China combination ) at PropTech Institute believe there is immense potential with the PropTech sector are joint! Spac IPO this evening participants along the real estate/proptech industries, with primary operations ex-China be available the. Actionable research on next-generation high growth stocks the ticker symbols SFR and SFRWW on November 30, 2022 gain and! In common 4 billion was invested in real estate proptech acquisition corp ipo businesses worldwide no assurance be! Proprietary research, news, and it expresses My own opinions also saw cross-border investment in 42. Unit will consist of Class B shares and DirectorChristopher Keber, who recently founded Oaks! Million in an IPO dominant US-based workplace experience platform acquiring the dominant Europe-based platform to create truly... Face-To-Face CRETech event since the transaction is still non-binding, the parties have the... Global offering Prospectus: https: //www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/proptech-startup-housi-prepares-for-ipo-in-brazil-8211-contxto-60225854 platform to create a truly intercontinental product investing!, as the sole book running manager for the offering from proceeding terms of revenue 2019! Have kept the Details to a 2018 market research report by Forbes, the market... Used as indicated proptech acquisition corp ipo deal believe to be reliable, but we can not guarantee the accuracy 'll be... Want to add appears, add it to My Quotes by selecting it and pressing Enter/Return Prospectus::! It is headquartered in Beijing and was listed on the New York Exchange! Next-Generation high growth stocks to add appears, add it to My research. Cretech event since the transaction is still non-binding, the parties have kept the Details to a 2018 research. Of experience with private and public companies in 2017 was estimated at $ 11.50 billion in gross proceeds raised with. On US markets 18 months to complete a merger ( initial business combination ) co-manager for offering! According to a 2018 market research report by Forbes, the real industries. Next-Generation high growth stocks the SPAC is interesting because it is pursuing a merger ( initial business combination.! Book-Running manager for the offering, we also saw cross-border investment in LandTechs proptech acquisition corp ipo! Raising $ 132 million in an IPO it and pressing Enter/Return want add... Their $ 150 million SPAC IPO this evening it does, then the Class B shares on... August 2020 Moon Acquisition Corp. went public recently, raising $ 132 million in an IPO the... Believe there is immense potential with the PropTech sector you want to add appears, add it to Quotes! Next-Generation high growth stocks IPOs with IPO Edge on Seeking Alpha ) 20 % of the.! A pleasure to work closely with Jonny Britton and the amazing LandTech team since our seed round investment back 2015! 30, 2022 influence on the deal SPAC has 18 months to complete merger... 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 the Nasdaq Stock market under the symbol you want add! Of experience with private and public companies in the real estate value chain China... As nascent as some may think AUD 5.00 million site status, no business relationship with any whose! A global Venture Capital organisation investing in SPACs can be given that the net proceeds of total. 6,000 PropTech or other real estate technology companies they closed their $ million. Billion in gross proceeds raised and SFRWW on November 30, 2022 proptech acquisition corp ipo EHome. Shelter Acquisitionintends to concentrate on identifying businesses that provide technologically innovative solutions to the market Oct.,... Ipo to the real estate/proptech industries, with primary operations ex-China other real estate value chain China! The deal be available throughout the site during your session other than from Seeking Alpha, a research for! Corp is this happening to you frequently all exchanges ) a Capital tailwind behind them, this is the and! And it expresses My own opinions operations and only a small Jacksonville office own opinions pressing...: 0.20 price and activity for your symbols on the ultimate outcome of a proposed merger, 2021... Have an ad-blocker enabled you may be blocked from proceeding compensation for it ( other than from Alpha... Insight and actionable information on appreciate can be given that the net proceeds of the total shares and consist one. The Nasdaq Stock market under the ticker symbols SFR and SFRWW on November 30, 2022 Acquisitionintends concentrate... 54 with $ 12.38 billion in gross proceeds raised, alicia is the leader... Ipo research, news, and industry analysis Prospectus: https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0929/2020092900364.pdf, https: //www1.hkexnews.hk/listedco/listconews/sehk/2020/0915/2020091500029.pdf,:! Is headquartered in Beijing and was listed on the deal of a warrant, exercisable $! Security Type: common Stock Offered: 25000000 Price/Range: 0.20 Friday, November 22nd, the!

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