The Latest SPAC News and Rumors: June 7, 2023

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

Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting 

SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products

SMX (NASDAQ:SMX) is pleased to announce that it is in the process of creating a new subsidiary, trueSilver, and has entered into a 120 day exclusive agreement with Sunshine Minting Inc., to create a path to full transparency and traceability for silver products from mine site to final products and recycling and the creation of an industry standard.

SMX completed its business combination with Lionheart III in March.