The Latest SPAC News and Rumors: September 7, 2021


The Latest SPAC News and Rumors: September 7, 2021

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

Latest SPAC News: Traveloka to halt talks with Thiel’s Bridgetown SPAC, Tikehau Capital plans to list SPAC in Singapore, and BlackSky awarded $30 million contract

Traveloka Is Said to Halt Talks With Thiel’s Bridgetown SPAC

Indonesia’s Traveloka has halted talks to go public through a deal with Bridgetown Holdings Ltd. (NASDAQ:BTWN), a blank check-company backed by billionaires Richard Li and Peter Thiel.

The board of directors of the Southeast Asian online travel giant has decided not to pursue a listing via a SPAC now as the enthusiasm in the market has waned. Traveloka will likely explore going public via a traditional IPO in the U.S. instead, Bloomberg said.


Tikehau Capital Joins Race for Singapore’s First SPAC

Investment manager Tikehau Capital SCA is planning to raise as much as S$300 million ($223 million) by listing a SPAC in Singapore, joining firms jostling to take advantage of the city-state’s new listing framework.

The European alternative asset manager is in the advanced stages of its preparations and is in the running to be among the first in Singapore to file for an IPO of a blank-check firm.

Tikehau is seeking to raise between S$250 million and S$300 million in the IPO.


BlackSky Awarded Five Year $30 Million NGA Contract

BlackSky Holdings, Inc., a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced that it has been awarded a multi-year Indefinite-Delivery/ Indefinite-Quantity (IDIQ) contract by the National Geospatial-Intelligence Agency (“NGA”) to monitor global economic activity. The contract carries a maximum estimated value of $30 million.

Earlier this year, BlackSky announced a planned business combination with Osprey Technology Acquisition Corp. (NYSE:SFTW).


Tantu and Ginkgo Bioworks Announce Partnership to Engineer a Living Biotherapeutic for Gastrointestinal Healing

Tantu, a company engineering living biotherapeutic products to treat gastrointestinal diseases, and Ginkgo Bioworks, which is building the leading horizontal platform for cell programming, today announced a partnership to accelerate the research and development of Tantu’s therapeutic genes.

Ginkgo, which recently announced a business combination with Soaring Eagle Acquisition Corp. (NASDAQ:SRNG), serves customers across industries seeking to develop new and better products using biology.


Planet Collaborates with Google Earth to Offer NICFI Tropical Forest Basemaps in Google Earth Engine 

Planet, a leading provider of daily data and insights about Earth, today announced a new collaboration with Google Earth to make high-resolution data from Norway’s International Climate and Forests Initiative (NICFI) Satellite Data program available on the Google Earth Engine (GEE) platform.

Insights from Planet’s analysis-ready data combined with the power of Google’s Cloud will enable the entire NICFI community to analyze regional and global tropical forest losses on a scale not possible through traditional means.

Planet recently entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE:DMYQ).