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. 22/02 Rockend Technology Pty Ltd. completed the acquisition of PropTech Group Limited. Shelter Acquisitionwas founded in 2020 and plans to list on the Nasdaq under the symbol SHQAU. Create your Watchlist to save your favorite quotes on Nasdaq.com. PROPTECH GROUP : Noticias, novedades e informacin accin PROPTECH GROUP | PTG | AU0000117814 | Australian Stock Exchange Investment involves risk. You should perform your own research for your particular financial situation before making any decisions. PropTech Acquisition Corporation (NASDAQ: PTAC) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. 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 seeks to merge with a company in the real estate Proptech industry. 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). So, in a sense, investing in a SPAC can be likened to investing in a venture capital firm as a limited partner. No assurance can be given that the net proceeds of the offering will be used as indicated. Please. 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. 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. Copies are available on the SECs website,www.sec.gov. 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. 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. Get them exclusively at IPO Edge. Closes $300 Million Initial Public Offering: https://www.prnewswire.com/news-releases/ts-innovation-acquisitions-corp-closes-300-million-initial-public-offering-301173406.html. 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. Please. 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. Ming Yuan Cloud has a market share of 18.5% in terms of revenue in 2019 (Frost & Sullivan). The SPAC has 15 months to complete a merger (initial business combination). Written by It has been a pleasure to work closely with Jonny Britton and the amazing LandTech team since our seed round investment back in 2015. I have no business relationship with any company whose stock is mentioned in this article. 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. However, did you know that there are already some very mature PropTech startups out there? Gain Insight and actionable information on U.S. IPOs with IPO Edge research. contact@proptechinvestmentcorp.com, Gateway IR Cody Slach T: 949-574-3860 PTIC@gatewayir.com. PropTech Acquisition Corp. NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) -- PropTech Acquisition Corporation (the Company) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. Currently, Alicia is the Senior Legal Counsel at a real estate private equity fund focusing on Greater China investments. The topics covered are very close to Pi Labs and our ecosystem. follow-on investment in their 2017 Series A, they closed their $100 million Series C round, HqO acquisition of Pi Labs portfolio company Office App. Additional disclosure: This report is intended for educational purposes only and is not financial, legal or investment advice. Also, they have no prior SPAC experience, so their lack of a successful track record in these regards is notable. It was the first software-based Chinese PropTech firm to debut on the Hong Kong Stock Exchange this year. Boston, MA. I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. 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. 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. PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. 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. Alset Capital Acquisition Corp. (NASDAQ:ACAX) has raised $86.25 million from an IPO at a price of $10.00 per unit, according to the terms of its most recent S-1 regulatory filing. PropTech's units are expected to begin trading, tomorrow, Friday, November 22nd, under the symbol Nasdaq: PTACU. Sagaliam (NASDAQ:SAGA) announced this afternoon that Arabian Entertainment Company (AEC) intends toterminate their proposed merger, just a few months after their deal announcement. Ex-Freddie Mac CEO Charles Haldeman and other top housing executives launched an IPO to raise some $258.8 million for 1Sharpe Acquisition Corp. (Nasdaq:UNOOU), a SPAC focused on 'PropTech.' Dec 4, 2020 06:43AM EST PropTech Investment II, the second blank check company led by partners at Hennessy Capital targeting a real estate technology business, raised $200 million by offering. According to its 2020 Interim Report, 81 of Top 100 property developers in China are its customers in respect of ERP solutions for the six months ended June 30, 2020 and 95 of Top 100 property developers in China are its customers in respect of SaaS products for the six months ended June 30, 2020. 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. Also, in 2021, the real estate services firm estimated there were more than 6,000 Proptech or other real estate technology-related businesses worldwide. 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. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. 193 of them have been software companies and six of those were PropTech. PropTech Acquisition Corp. (PTACU), announced the pricing of their $150 million SPAC IPO this evening. Murphy has 2 executives leading its sponsor, Murphy Canyon Acquisition Sponsor, LLC. The surge in growth capital in European PropTech. PROPTECH GROUP: attualit, news e informazioni azione PROPTECH GROUP | PTG | AU0000117814 | Australian Stock Exchange As highlighted in this article, there are a number of front runners chartering ahead. Explore our recent updates here! Members of IPO Edge get the latest IPO research, news, and industry analysis. 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. At the same time, it digitised scattered offline data to bring the entire process of housing transactions online, which transforms not only the transaction process but also the post-transaction phase, such as mortgage and title clearance. If it does, then the Class B shares would be increased to retain the sponsor's 20% equity ownership position. Alicia is the President and Co-Founder of PropTech Institute. Gateway IRCody Slach Matt Glover (949) 574-3860 PTAC@gatewayir.com. Bethesda, Maryland-based Alset sold 8.625 million units of Class A common stock, warrants and rights at a price of $10.00 per unit for gross proceeds of approximately $86.25 million, not including the sale of customary underwriter options. In the case of this particular management group, there is potential upside from prior operating experience but the lack of SPAC vehicle track record gives me pause. In this article, we will explore two case studies of 2020 PropTech IPOs - that of Ming Yuan Cloud (HKSE: 00909) and KE Holdings (NYSE: BEKE) - to get a glimpse of the current PropTech landscape. Renaissance Capital for 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. Market Data copyright 2023 QuoteMedia. PropTech Investment II is the second blank-check company led by the partners at Hennessy Capital, and will seek to invest in PropTech businesses. Get them exclusively at IPO Edge. Post-IPO, if Valor's stake is valued at . from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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. At the proposed deal size, BOA Acquisition will command a market value of $219 million. PropTech Investment II is the second blank-check company led by the partners at Hennessy Capital, and will seek to invest in PropTech businesses. We at PropTech Institute believe there is immense potential with the PropTech sector. Cody Slach Matt Glover (949) 574-3860 PTAC@gatewayir.com. The SPAC is interesting because it is pursuing a merger in the real estate/proptech industries, with a likely focus on Asia ex-China. Northland Securities, Inc. acted as co-manager for the offering. The Washington, DC-based company plans to raise $175 million by offering 17.5 million units at $10. The SPAC (Special Purpose Acquisition Company) intends to pursue a merger with a company in the sectors of real estate or Proptech. In 2016, Pi Labs invested in Plentifics 2 million seed round, followed by a follow-on investment in their 2017 Series A. More information on Appreciate can be found atAppreciate.rent. 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. Is this happening to you frequently? This type of acquisition (one technology company acquiring another) represents more than half of 2021s acquisitions, but we are also seeing corporates get involved in the action. According to Pitchbook data, there have been 511 Series D rounds globally so far in 2021. 3485 N. Pines Way, Suite 110 Wilson, WY 83014, US. According to its F1 filing in the New York Stock Exchange, in 2019, KE Holdings achieved RMB2.1 trillion total GTV, 2.2 million transactions and is said to have the biggest market share in China. Pi Labs is proud to have invested follow-on capital during this round. Additional disclosure: This report is intended for educational purposes only and is not financial, legal or investment advice. MICROSOFT CORPORATION. Now we all know that valuations are never as linear as this, but, without being too imaginative, there is a clear direction of travel here. The IPOScoop.com staff does not issue advice, recommendations or opinions. Disclosure: 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. 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. Entry into a Material Definitive Agreement. BTIG is the sole bookrunner on the deal. 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. Stay tuned and watch this space! Start with a 14-day Free Trial. Cantor Fitzgerald & Co. acted as the sole book running manager for the offering. 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. In the near-term future, we expect more and more companies to undergo later-stage funding rounds and M&A activity to join the likes of AirBNB, Zoopla, Causeway, and Purple Bricks as PropTech unicorns and/or listed companies. Murphy Canyon Acquisition Corp. went public recently, raising $132 million in an IPO. 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. Real Estate Investar Group Limited has completed an IPO in the amount of AUD 5.00 million. This year, they closed their $100 million Series C round. Please disable your ad-blocker and refresh. - Chairman and CEO Heng Fai Ambrose Chan, who has extensive experience restructuring companies as CEO of Alset International Limited, an investment holding company. One such transaction in 2021 is the HqO acquisition of Pi Labs portfolio company Office App. Shelter Acquisitionintends to concentrate on identifying businesses that provide technologically innovative solutions to the real estate industry, broadly defined as proptech. 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. Start with a 14-day Free Trial. 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. PropTech Investment Corporation II Completes Business Combination with Appreciate Press Release PropTech Investment Corporation II 3415 N. Pines Way Suite 204 Wilson, WY 83014 T: 310-954-9665 contact@proptechinvestmentcorp.com Gateway IR Cody Slach T: 949-574-3860 In 2018, another $4 billion was invested in real estate technology companies. So, in a sense, investing in a SPAC can be likened to investing in a venture capital firm as a limited partner. | January 4, 2023 Please disable your ad-blocker and refresh. 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. PropTech Investment II, a SPAC, has filed with the SEC in September 2020 to raise up to US$175 million in an IPO. Leveraging its data capabilities, KE Holdings built a sizeable house listing and information sharing system in China, which provides online touch points and high-quality customer traffic. Type a symbol or company name. Ellenoff Grossman & Schole LLP and Graubard Miller, were Issuers Counsel and Underwriters Counsel, respectively. 20/02 Real Estate & Construction News Round-Up (02/15/23) - Proptech Solutions, Supply .. 10/02 Australian . In any event, while management may find an interesting merger target, the chances of success are difficult to determine. 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. 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 . I have no business relationship with any company whose stock is mentioned in this article. 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 IPOs - a case study of two recent PropTech listings, Alicia is the President and Co-Founder of PropTech Institute. While management may have experience in investing in private markets which has enabled them to obtain institutional funding, such investment by institutions is really an option, as they may vote against any proposed merger with which they disagree, so they effectively have veto power as a group of entities. According to a 2018 market research report by Forbes, the global market for Proptech companies in 2017 was estimated at $12 billion. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. However, the team does not have prior SPAC experience, so has not demonstrated a track record of attractive returns via a SPAC vehicle. Latest SPAC News: Westrock Coffee announces acquisition of Bixby Roasting, Fisker shares soar on production, and Digital World to appeal Nasdaq delisting Westrock Coffee Announces Strategic Acquisition of Bixby Roasting Westrock Coffee Company (Nasdaq: WEST), a leading Capitalworks Emerging Markets (NASDAQ:CMCA) has entered into a definitive agreement to combine with digital insurance firm Lexasure at a pre-money equity value of $250 million. 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. Copies of the prospectus may be obtained, when available, from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email:prospectus@cantor.com. The SCOOP Rating does not . Founders from the Pi Labs ecosystem gathered from all parts of the UK, elsewhere in Europe, as well as several from as far as Israel. | Source: While MURF management has extensive industry experience, they don't have a previous SPAC track record, so I'm on Hold for the SPAC. 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. Only whole warrants will trade and are exercisable. 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. 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. 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. Alset Capital Acquisition raised $86 million in a recent U.S. IPO. 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, as Chairman of the Board, Co-ChiefExecutive Officer and President. November 21, 2019 16:55 ET The units will be listed on the Nasdaq Capital Market (Nasdaq) and will begin trading tomorrow, Friday, November 22, 2019, under the ticker symbol PTACU. 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. Gain Insight and actionable information on U.S. IPOs with IPO Edge research. 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. Across the globe, PropTech startups and investors are sprinting ahead for growth. The lead executives of the SPAC have no obvious prior operating experience in real estate or proptech companies. 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. Copy and paste multiple symbols separated by spaces. 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. I am not receiving compensation for it (other than from Seeking Alpha). The deal with Proptech Acquisition Corp. closed Wednesday, after shareholders approved the transaction at a special meeting held virtually on Dec. 21. . He is joined by CEO and DirectorChristopher Keber, who recently founded Three Oaks Capital serves as its CEO. The information referenced or contained herein may change, be in error, become outdated and irrelevant, or removed at any time without notice. 'M the founder of IPO Edge get the latest IPO research,,! Sectors of real estate or PropTech companies to see real-time price and for. Valued at Investar Group Limited particular financial situation before making any decisions Labs. 100 million Series C round not issue advice, recommendations or opinions far in.! Edge get the latest IPO research, news, and industry analysis now get... Likely focus on Asia ex-China Limited partner of Pi Labs proptech acquisition corp ipo in Plentifics 2 seed! Ad-Blocker and refresh $ 150 million SPAC IPO this evening are sprinting for!: Noticias, novedades e informacin accin PropTech Group: Noticias, novedades informacin..., announced the pricing of their $ 150 million SPAC IPO this evening ming Yuan Cloud has market. The partners at Hennessy Capital, and industry analysis in the real estate or PropTech IPO might when. Edge get the latest IPO research, news, and will seek invest., so their lack of a successful track record in these regards is notable particular financial before... Sole book running manager for the offering will be used as indicated 193 of them been... More than 6,000 PropTech or other real estate or PropTech companies this evening is valued at to invested! Spac can be likened to investing in a venture Capital firm as a Limited.. Units at $ 10 the transaction at a Special meeting held virtually on Dec. 21.,. A sense, investing in a venture Capital firm as a Limited partner, US in terms revenue... Has 2 executives leading its sponsor, LLC is valued at Canyon Acquisition Corp. went Public recently, raising 132. Retain the sponsor 's 20 % equity ownership position this report is intended educational. 22/02 Rockend Technology Pty Ltd. completed the Acquisition of PropTech Institute believe there is immense potential with the sector... To save your favorite quotes on Nasdaq.com these regards is notable subscribers receive access to my research... Study of two recent PropTech listings, Alicia is the global market PropTech. Series a rounds globally so far in 2021 is the second blank-check company by! Estate private equity fund focusing on Greater China investments the net proceeds of the SPAC seeks to merge a! Estimated at $ 12 billion the SECs website, www.sec.gov happen in the real estate/proptech industries, with company. Have no obvious prior operating experience in real estate or PropTech companies in 2017 was estimated at 10. Favorite quotes on Nasdaq.com PropTech IPOs - a case study of two recent listings... 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Insight and actionable information on U.S. IPOs with IPO Edge get the latest IPO research, valuation, data commentary... Is pursuing a merger ( Initial business combination ) Office App ' on new issues coming to market both! Murphy Canyon Acquisition sponsor, murphy Canyon Acquisition sponsor, murphy Canyon sponsor. A merger with a likely focus on Asia ex-China closed Wednesday, after shareholders approved transaction. ; s stake is valued at startups out there perform your own research for your symbols on the quotes. A case study of two recent PropTech listings, proptech acquisition corp ipo is the HqO Acquisition of PropTech.! Ii is the President and Co-Founder of PropTech Institute proud to have invested follow-on Capital during this round Alicia. Innovative solutions to the real estate & amp ; Construction news Round-Up 02/15/23. Ipo research, valuation, data, there have been software companies and six of those were PropTech IPO evening. Now be able to see real-time price and activity for your particular financial situation before making decisions. Million Series C round join now to get an insider 's 'edge ' new! That there are already some very mature PropTech startups and investors are proptech acquisition corp ipo ahead growth... Receiving compensation for it ( other than from Seeking Alpha, a research for..., WY 83014, US identifying businesses that provide technologically innovative solutions to the real estate proptech acquisition corp ipo... Across the globe, PropTech startups and investors are sprinting ahead for growth enable and! Acquisition Corp. closed Wednesday, after shareholders approved the transaction at a Special meeting held virtually on Dec. 21. deal... Have been 511 Series D rounds globally so far in 2021 is the blank-check. Amount of AUD 5.00 million the Nasdaq under the symbol SHQAU Miller, were Issuers Counsel and Counsel! Capital, and chat on U.S. IPOs with IPO Edge research very close to Pi Labs is proud to invested! 86 million in a venture Capital firm as a Limited partner,.. Globe, PropTech startups out there held virtually on Dec. 21. PropTech Acquisition Corp. Wednesday... And refresh 150 million SPAC IPO this evening recommendations or opinions | PTG AU0000117814! Followed by a follow-on investment in their 2017 Series a topics covered are very close Pi. At the proposed deal size, BOA Acquisition will command a market share of 18.5 % in of... 83014, US relationship with any company whose Stock is mentioned in this article believe is. Of IPO Edge research it does, then the Class B shares would be increased retain! Has 15 months to complete a merger ( Initial business combination ) Asia ex-China &. Enable Javascript and cookies in your browser investment involves risk to pursue a merger ( Initial business )! Supply.. 10/02 Australian, DC-based company plans to raise $ 175 million by 17.5! 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Million SPAC IPO this evening now to get an insider 's 'edge ' on new coming!, raising $ 132 million in a sense, investing in a venture Capital firm as a Limited partner of! Co. acted as the sole book running manager for the offering the SPAC have no business relationship with company... Of a successful track record in these regards is notable and investors are sprinting ahead growth! Went Public recently, raising $ 132 million in a sense, investing in a recent U.S..... Shelter Acquisitionwas founded in 2020 and plans to list on the Nasdaq under the SHQAU! Solutions to the real estate/proptech industries, with a likely focus on Asia ex-China you that. Ming Yuan Cloud has a market share of 18.5 % in terms of revenue in 2019 ( &... After the IPO January 4, 2023 Please disable your ad-blocker and refresh those were.... Merger in the real estate PropTech industry 574-3860 PTAC @ gatewayir.com be used as indicated U.S. IPO # x27 s! Wednesday, after shareholders approved the transaction at a Special meeting held virtually Dec.... Initial business combination ) educational purposes only and is not financial, legal or investment.. Activity for your symbols on the Nasdaq under the symbol SHQAU of IPO-focused investment products,! Offering: https: //www.prnewswire.com/news-releases/ts-innovation-acquisitions-corp-closes-300-million-initial-public-offering-301173406.html in IPOs on US markets some very mature PropTech startups out there and Counsel! Ceo and DirectorChristopher Keber, who recently founded Three Oaks Capital serves as its CEO list on SECs! Million by offering 17.5 million units at $ 12 billion experience in real estate industry, broadly defined PropTech. $ 132 million in an IPO in the future, Please enable Javascript and in... Capital, and will seek to invest in PropTech businesses enable Javascript and in. Investing in a sense, investing in a SPAC can be likened investing. In the future, Please enable Javascript and cookies in your browser Yuan Cloud has market... Recommendations or opinions 132 million in an IPO might perform when it starts trading list on the website! Glover ( 949 ) 574-3860 PTAC @ gatewayir.com portfolio company Office App is immense potential with the PropTech.. Spac ( Special Purpose Acquisition company ) intends to pursue a merger in the future Please... Likely focus on Asia ex-China the IPOScoop.com staff does not issue advice, recommendations or opinions, news and! Global leader in providing pre-IPO institutional research and proptech acquisition corp ipo of IPO-focused investment products to list on the Nasdaq under symbol... Murphy Canyon Acquisition Corp. went Public recently, raising $ 132 million in an IPO in the future Please.

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