Occupational Pensions Defence Union and PIPE: Difference between pages
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''Special purpose vehicles - acquisitions - Special Purpose Acquisition Companies - private equity.'' | |||
A | Abbreviation for Private Investment in Public Equity. | ||
A PIPE is an arrangement in which private financial investors take minority stakes in a SPAC, at a discount to the market price of the SPAC’s shares. | |||
The purpose is to support the financing of the SPAC's combination with its acquisition target. | |||
:<span style="color:#4B0082">'''''Example - Virgin Orbit's $100m PIPE'''''</span> | |||
:"Virgin Orbit, a small satellite launch service provider, is going public through a merger with a blank-check vehicle that values it at about $3.2 billion. | |||
:The deal with NextGen Acquisition Corp. II, announced on Monday, includes $100 million in funding from Boeing Co, AE Industrial Partners and others in the form of private investment in public equity, or PIPE... | |||
:The deal is expected to provide $483 million in proceeds to the combined company, which will list on the Nasdaq under the symbol "VORB" after the merger." | |||
:''Source - Reuters - 24 August 2021'' | |||
== See also == | == See also == | ||
* [[ | * [[De-SPAC]] | ||
* [[Dilution]] | |||
* [[Disclosure]] | |||
* [[Initial public offering]] | |||
* [[Operating company]] | |||
* [[Private equity]] | |||
* [[Public company]] | |||
* [[Reverse takeover]] | |||
* [[Shell company]] | |||
* [[SPAC]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:Risk_reporting]] | [[Category:Risk_reporting]] | ||
Revision as of 15:00, 24 August 2021
Special purpose vehicles - acquisitions - Special Purpose Acquisition Companies - private equity.
Abbreviation for Private Investment in Public Equity.
A PIPE is an arrangement in which private financial investors take minority stakes in a SPAC, at a discount to the market price of the SPAC’s shares.
The purpose is to support the financing of the SPAC's combination with its acquisition target.
- Example - Virgin Orbit's $100m PIPE
- "Virgin Orbit, a small satellite launch service provider, is going public through a merger with a blank-check vehicle that values it at about $3.2 billion.
- The deal with NextGen Acquisition Corp. II, announced on Monday, includes $100 million in funding from Boeing Co, AE Industrial Partners and others in the form of private investment in public equity, or PIPE...
- The deal is expected to provide $483 million in proceeds to the combined company, which will list on the Nasdaq under the symbol "VORB" after the merger."
- Source - Reuters - 24 August 2021
