As the near of the first half of 2021 nears, investors have a probability to glimpse at some companies that could have major moves in the second half of 2021.

Here is a glimpse at 5 SPACs to view in the second half.

Churchill Cash Corp IV

Electrical vehicle firm Lucid Motors is merging with Churchill Cash Corp IV in a deal that has been a person of the most talked over of its variety. The deal valued Lucid Motors at $24 billion based on a pricing of $15 for the private financial investment in public equity (PIPE) on the deal.

Lucid Motors is set to start the Lucid Air sedan in the second half of 2021. There were around seven,five hundred reservations of the Lucid Air in February representing $650 million in revenue for Lucid Motors.

The company’s generation capabilities are 34,000 units each year, with expansion programs that would choose the firm to 365,000 units each year. Introduced potential designs include things like the Lucid Gravity SUV in 2023 and programs for additional sedans and SUVs in the potential.

Lucid Motors has not announced a date for the merger vote.

Altimeter Expansion

The significant Southeast Asian supply, mobility, and fiscal providers firm Grab announced a SPAC deal with Altimeter Expansion in a person of the major offerings for a firm from the location in the United States.

Seize is the class chief for on the internet foods supply, ride-hail, and digital wallets in Southeast Asia. The firm experienced gross merchandising value of $twelve.5 billion in 2020, which arrived in in advance of pre-pandemic concentrations.

About 670 million individuals reside in Southeast Asia, which could give Seize a significant runway for potential advancement in its current and new segments. On line foods supply penetration and digital wallets are smaller in market place sizing in Asia than in regions like the U.S.

The deal is envisioned to be completed in the later on section of 2021.

Chamath SPACs

A single of the leading names in the SPAC entire world nonetheless has two SPACs seeking for targets. Chamath Palihapitiya’s Social Cash Hedosophia Holdings (IPOD) and Social Cash Hedosophia Holdings VI (IPOF) are SPACs that could perform perfectly in the second half of 2021.

IPOD has no rumors hooked up to it, when IPOF is rumored to be bringing health and fitness center operator and Peloton Interactive rival Equinox public.

IPOD raised $400 million and has the former CEO and co-founder of NextDoor to support decide a target.

Dick Costolo, the former CEO of Twitter from 2010 to 2015, is aiding the $one-billion IPOF choose a target.

Palihapitiya recently filed for four biotech SPACs. That could imply specials are near to getting announced for IPOD and IPOF — or he could have six lively SPACs seeking for targets later on this year.

Trident Acquisitions

A single pattern that has played out for SPACs in 2021 is that some perfectly-acknowledged models or companies trade much better when they have the new title and ticker.

The exact could come about for, which is merging with Trident Acquisitions and will trade under new ticker LTRY. has facilities in twelve states and programs to increase six additional in 2021, CEO Tony DiMatteo instructed Benzinga.

A possible catalyst for the firm is its acquisition of the domain and intentions to enter the athletics betting market place. DraftKings CEO Jason Robins serves on the company’s advisory board.

This story originally appeared on Benzinga. © 2021

Benzinga does not present financial investment guidance. All rights reserved.

Benzinga, Lucid Motors, SPACs