Spate of New SPACs File, Complete IPOs

A spate of new SPACs filed and closed initial public offerings in late June and early July. Garnero Group Acquisition, a blank check company managed by Mario Garnero to acquire energy or biotech companies in Latin American, raised $125 million on June 26 by

Dollars Flow into Convertible Deals

Private placement investors are displaying a greater willingness to funnel more capital into growth companies through convertible security structures this year after pulling back for much of 2013.