Merging company

5 SPACs to watch in 2022: CFVI, CHWA, XPOA

A year ago, investors were watching special purpose acquisition companies (SPACs) closely. Companies such as Clover Health (NASDAQ:CLOV) and Charging point (NYSE:CHPT) helped set the stage for months of merge mania. Then, former President Donald Trump announced that his new media venture would go public via a reverse merger, sending Acquisition of the digital world (NASDAQ:DWAC) stock through the roof. While DWAC has eclipsed most SPAC coverage since then, there are plenty of other SPACs to watch as a new year takes shape.

As experts hunt for the defining market trends of 2022, a new SPAC bubble is already forming.

Leading companies in the tech and crypto mining sectors are planning SPAC mergers. Last year’s trend of pet care companies going public is also expected to continue. We recently witnessed the successful launch of Black rifle coffee (NASDAQ:DCFC), a veteran-owned company with a dedicated fanbase, thanks to a SPAC merger.

What exciting debuts are on the horizon? Let’s take a look at the upcoming SPACs investors should watch out for now.

  • angel pond (NYSE:POND)
  • Acquisition of Arisz (NASDAQ:ARIZONA)
  • CF acquisition VII (NASDAQ:CFVI)
  • CSA acquisition (NASDAQ:CSA)
  • Capital DPCM (NYSE:XPOA)

SPAC to watch: Angel Pond (POND)

Source: various photographs / Shutterstock.com

This month began with the announcement of Angel Pond’s merger with MariaDB publicize the database innovator.

The company provides one of the most popular open source relational databases and is a fork of MySQL. He says the cost-effective and simplistic nature of his platform allows companies to reinvest in growth, innovation and customer-facing applications. His client list includes German Bank (NYSE:comics), Verizon (NYSE:VZ) and Walgreens (NASDAQ:WBA), to name a few. In fact, the company claims that 75% of Fortune 500 companies run its server.

Maria’s blank check partner was trained by former Ali Baba (NYSE:BABA) frame Simon Xie and former Goldman Sachs (NYSE:GS) partner Theodore Wang. According to U.S. Securities and Exchange Commission (SEC) filings, MariaDB’s reported revenue for 2021 was $37.4 million, a growth of 13%.

A SPAC merger may not be a traditional approach for a business in the MariaDB space. The company, however, has significant growth potential and could easily be among the 2022 SPAC winners.

Acquisition of Arisz (ARIZ)

Concept art of crypto mining with few numbers and a bitcoin (BTC) token.

Source: Shutterstock

It’s a complicated time for the crypto mining world, due to regulatory threats and energy usage issues. But Arisz Acquisition doesn’t seem intimidated by this reality.

At the end of January, it confirmed that it had reached a merger agreement with BitFuFu. The digital asset miner was founded in 2020 by core members of the Bitmain Technologies. Upon closing of the merger, BitFuFu will trade on the Nasdaq under the symbol FUFU.

BitFuFu is a new company, which may worry some investors. Even so, the company is absolutely worth watching as it prepares to go public. As of January 22, companies had obtained $70 million in a private investment in a public equity financing (PIPE) at a price of $10 per share. According to an official statement, the predictions of the crypto-miner $330 million in revenue for 2022. If true, that will represent 230% year-over-year (YOY) growth.

PSPC Ones to Watch: CF Procurement VI (CFVI)

The Rumble Platform (CFVI) displayed on a smartphone screen.

Source: Tada Images / Shutterstock.com

The most well-known name on this list of SPACs to watch is CF Acquisition VI. The blank check company is the acquisition partner of To scolda Canadian video-sharing service that aspires to become the YouTube of American conservatives.

Its focus on free speech and anti-censorship policies attracted a significant following. The platform was also endorsed by Kentucky Senator Rand Paul, which helped boost the stock price. Not only does Donald Trump have his own channel on Rumble, but the company has signed on as an official partner of Truth Social.

Truth Social is still in development, but Rumble looks like it could stand on its own. It includes content from many prominent experts such as Dinesh D’Souza and Charlie Kirk, as well as Newsmax TV. Since its merger announcement, this SPAC has been among the most popular Trump-related trades.

Still need to be convinced? InvestorPlace Contributor David Moadel recently noted that the company’s user engagement statistics should make CFVI shares an attractive investment.

CSA Acquisition (ASC)

The app for Wag!  (CHWA) displayed on a smartphone screen with an orange background.

Source: Tada Images / Shutterstock.com

Last year was a big year for companies in the pet products industry, as Americans adopted cats and dogs in response to the pandemic.

Now CHW Acquisition is merging with another big name in this industry. He announced earlier in February that he was merging with Wag Labsthe founder of the popular dog walking app Wag! Bloomberg reported that the combined value of the two companies will be approximately $350 million.

The new company will bear the name Stir! Group and will trade on the Nasdaq under the symbol PET. Investors in the deal so far include Battery companies, ACME Capital and General Catalyst as good as Capital Tenaya.

Not just a dog walking app, Wag includes pet sitting and training services. And for investors, there’s a lot to like. According to a study, the US pet care market will grow by approximately $50 billion by 2025. We know Americans love their pets, and that sounds like a great reason to keep CHWA stocked. on a list of SPACs to watch for 2022.

PSPC to watch: DPCM Capital (XPOA)

A conceptual image of a processor representing quantum computing.

Source: Amin Van / Shutterstock.com

The second quarter of 2022 will bring another exciting technology fusion. Canadian quantum computing company D-Wave Systems announced that it plans to go public through blank check firm DPCM Capital.

When the merger is complete, D-Wave will trade as QBTS on the New York Stock Exchange. Its investors include Jeff Bezos and its client list includes NASA. The reason this is on a list of SPACs to watch is clear: D-wave was founded in 1999 and has had years to earn its reputation as a leader in quantum computing.

Investors should keep a close eye on XPOA shares. The combined company will have a valuation of approximately $1.2 billion.

At the date of publication, Samuel O’Brient held (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.