May 20, 2021

Don’t Rush into SPAC IPOs + DPCM Capital (XPOA) taking Jam City Public

Jam City, News, Press

By David Pogemiller

DPCM Capital (XPOA) is taking Jam City Public in a deal valued at $1.2b. Plus, SPAC investors won’t want to rush into IPOs, but may prefer discounted SPACs with announced deals.

Wednesday was a day where crypto crashed loudly and SPACs quietly dropped. The average pre-deal SPAC is now trading at $9.81 with many available well below that. 

SPAC investors will like to see existing revenues and reasonable forecasting timeline. Source: company presentation.
SPAC investors will like to see existing revenues and reasonable forecasting timeline. Source: company presentation.

DPCM (XPOA) + Jam City

This morning we have one deal out with DPCM Capital (XPOA) taking Jam City Public in a transaction valued at $1.2b. Jam City is a mobile gaming company and investors will like that it has a solid existing book of revenue and the forecasts provide are more near term and less aggressive than many recent deals. You can see the full investor presentation here.

Click Here for Full Article