Category: Latest News

Ginkgo Bioworks to Become a Public Company and Expand its Leading Platform for Cell Programming

BOSTON and LOS ANGELES, May 11, 2021 /PRNewswire/ — Business combination with Soaring Eagle Acquisition Corp. (Nasdaq:SRNG) values Ginkgo Bioworks, Inc. at a $15 billion pre-money equity valuation and is expected to provide up to $2.5 billion of primary proceeds. Institutional investors have committed $775 million in an oversubscribed PIPE, with anchor investments from Baillie Gifford, Putnam Investments, and funds and accounts managed by Counterpoint […]

Sloan Closes $1.7 Billion SPAC

By James Cutchin Los Angeles Business Journal; Monday, March 8, 2021 Veteran investor Harry Sloan has closed a $1.7 billion special purpose acquisition company, or SPAC, in partnership with fellow serial investors Jeff Sagansky and Eli Baker. Century City-based Soaring Eagle Acquisition Corp. is one of the largest SPACs on the market, beating out Sloan’s prior […]

Soaring Eagle, SPAC Led by Founders of DraftKings, Skillz Blank-Check Firms, Takes Flight Todd Shriber Expertise: Financial, Gaming Business, Mergers and Acquisitions Soaring Eagle Acquisition Corp. (NASDAQ:SRNGU), the seventh blank-check company led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky, and Eli Baker, began trading today. It’s possible the newly-minted firm could pursue a transaction with a gaming entity. The trio of dealmakers have extensive experience running […]

Ex-MGM, CBS Execs’ 7th Blank-Check Co. Lands $1.5B In IPO

February 25, 2021 By Sierra Jackson   Law360 (February 24, 2021, 6:30 PM EST) — The latest blank-check company from former Metro-Goldwyn-Mayer Studios and CBS executives landed $1.5 billion Wednesday as its units took off on the stock exchange as part of an initial public offering guided by White & Case, Maples and Calder and underwriter’s counsel Davis Polk. Soaring Eagle Acquisition […]