The Latest SPAC News and Rumors: November 3, 2021

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

Latest SPAC News: Kevin Durant launches $200 million SPAC; Forbes announces launch of international editions in Chile and Peru

Basketball Star Kevin Durant Launches $200 Million SPAC

Brooklyn Nets star Kevin Durant has become the latest celebrity to endorse a blank-check firm after his Infinite Acquisition Corp. filed for an IPO of up to $200 million on Wednesday.

Infinite Acquisition said it would focus on buying companies in sectors such as sports, health, e-commerce, food and cryptocurrency.

Durant will co-lead the SPAC alongside entrepreneur Rich Kleiman. The duo earlier co-founded venture firm Thirty Five Ventures. Investment and merchant bank LionTree is also a sponsor of the SPAC.

Forbes Announces Launch of Forbes Chile and Forbes Peru

In partnership with Media Business Generators (Mexican media holding), Forbes announced today the launch of two international editions, Forbes Chile and Forbes Peru, in partnership with Media Business Generators.

Both Spanish-language editions are launching online in November 2021. Readers from Chile and Peru, and from all over the world will be able to access content on www.forbes.cl and www.forbes.pe respectively.

Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), which is expected to close in Q4 2021 or Q1 2022.