Eli Casdin and Keith Meister dive back into the SPAC well with $480M haul just weeks after SomaLogic reverse merger
Wall Street’s SPAC attack continued Wednesday, with two more high-profile blank check companies pricing their IPOs.
Eli Casdin and Keith Meister’s third SPAC hopped to Nasdaq with a massive $480 million haul, and Oleg Nodelman’s second holding company debuted with a $150 million raise. Both SPACs signal that the blank check field in 2021, which eclipsed all of last year’s total SPAC raise across the financial sector within the first quarter, remains at full steam ahead.
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