The Latest SPAC News and Rumors: October 15, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: ECombustible in talks to merge with Benessere Capital; Redbox teams up with entertainment company Curiosity on multi-faceted agreement
Hydrogen Fuel Firm ECombustible Eyes Up to $1 Billion SPAC Deal
ECombustible, a maker of hydrogen-based fuel, is in talks to merge with blank-check firm Benessere Capital Acquisition Corp. (NASDAQ:BENE), according to Bloomberg.
Benessere is discussing a potential deal that could value the combined entity at about $800 million to $1 billion.
Redbox Teams Up with Factual Entertainment Media Company Curiosity on Multi-Faceted Agreement
Leading entertainment company Redbox today announced it has signed a multi-faceted agreement with Curiosity Inc., the global factual media company, to bring more entertainment options to Redbox customers. As part of the agreement, Redbox will promote Curiosity’s subscription video on demand service (SVOD), Curiosity Stream, and include select content from Curiosity on Redbox’s fast-growing Ad Supported Video on Demand (AVOD) and Free Ad Supported Streaming Television streaming (FAST) services.
The company recently announced a definitive agreement to combine with Seaport Global Acquisition Corp. (NASDAQ:SGAM).
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