The Latest SPAC News and Rumors: August 16, 2021

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: FoxWayne in talks to merge with Aerami Therapeutics in $195 million deal

FoxWayne, Aerami Therapeutics SPAC Deal Said Worth $195 Million

Blank-check company FoxWayne Enterprises Acquisition Corp. (NASDAQ:FOXW) is in talks to merge with respiratory disease treatment developer Aerami Therapeutics Holdings LLC in a deal that’s set to value the combined entity at about $195 million, according to Bloomberg.

The SPAC executed a non-binding letter of intent with Aerami earlier this month, according to a securities filing, which didn’t disclose the transaction size.