The Latest SPAC News and Rumors: April 20, 2022


The Latest SPAC News and Rumors: April 20, 2022


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

Latest SPAC News: Wag! announces record 1Q results, Semantix launches new analytics feature, and Presto partners with Famous Dave’s

Wag! Announces Record First Quarter 2022 Results, Exceeds Initial Revenue and Adjusted EBITDA Guidance

Wag Labs, Inc., an American pet services marketplace company powering a mobile-first technology platform that enables on-demand and scheduled dog walking, training, and other pet care services, which recently announced it would become publicly traded through a merger with special purpose acquisition company, CHW Acquisition Corporation (Nasdaq: CHWA), today announced financial results for its first quarter ending March 31, 2022.

Gross bookings increased 141% to $17.5 million, compared to $7.3 million in the first quarter of 2021 while revenue increased 273% to $9.7 million, compared to $2.6 million in the first quarter of 2021.


Semantix Launches Analytics Chat

Semantix, Latin America’s first fully integrated data platform, announced today the availability of Semantix Analytics Chat, a new feature giving Semantix Data Platform users the ability to glean analytical insights into the performance of their business through easy-to-use chat functionality. The new capability is powered by Natural Language Processing (NLP) and instantly provides accurate and timely answers to commonly asked business questions.

Alpha Capital (NASDAQ:ASPC)  entered into a definitive agreement to combine with data software platform Semantix in November 2021.


Famous Dave’s Partners With Presto to Deploy Next-Gen Pay-at-Table Technology, Boost Labor Productivity and Guest Experience 

Presto, a leader in the restaurant hospitality technology industry, has been selected by Famous Dave’s, owned by BBQ Holdings (NASDAQ: BBQ), as the exclusive provider of its next generation pay-at-table solutions. Designed to provide a faster and more delightful guest experience, boost guest loyalty sign-ups and improve labor productivity, the Presto pay-at-table systems will roll-out to the corporate Famous Dave’s restaurants in the United States over the next few months.

On November 10, 2021, Presto announced the execution of a definitive merger agreement with Ventoux CCM Acquisition Corp. (NASDAQ: VTAQ) that will result in Presto becoming a publicly listed company.


Wallbox Inaugurates Its New Factory in Barcelona

The President of the Generalitat de Catalunya, Pere Aragonès, the Minister for Industry, Trade and Tourism, Reyes Maroto, and the Mayor of Barcelona, Ada Colau, inaugurated Wallbox’s new plant this morning, a leading provider of electric vehicle (EV) charging and energy management solutions, located in Barcelona’s Zona Franca.

Kensington Capital Acquisition Corp. II completed its combination with EV charging station provider Wallbox in September 2021.