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Forest Road II (FRXB), 10X Capital Venture III (VCXB) Mutually Terminate Deals

Forest Road II (NYSE:FRXB) and 10X Capital Venture III (NYSE:VCXB) both announced this afternoon that they have mutually terminated their business combinations.

Forest Road II intended to combine with transportation technology developer HyperloopTT, but the parties decided to nix the deal due to timing constraints along with unfavorable market conditions. ...READ MORE

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The Latest SPAC News and Rumors: February 3, 2023

 


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

Latest SPAC News: Comcast dumps 18.5% of its BuzzFeed stock


Comcast Dumps 6 Million Shares of Buzzfeed After Media Company Finally Gets a Bump

Comcast dumped 18.5% of its BuzzFeed (NASDAQ:BZFD) stock in recent days, reducing its holdings in the online media company to just under 20% of the shares. ...READ MORE

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latest-news

The Latest SPAC News and Rumors: February 2, 2023

 


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

Latest SPAC News: Mondee acquires Orinter for $40M, Fisker, ChargePoint and Lucid say court decision creates ‘uncertainty’, and Getaround gets delisting warning from NYSE


Mondee gains foothold in Brazil with Orinter acquisition 

Travel marketplace and technology platform Mondee (NASDAQ:MOND) has acquired Brazil-based travel provider Orinter in a transaction valued at $40 million. ...READ MORE

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latest-news

The Latest SPAC News and Rumors: February 1, 2023

 


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

Latest SPAC News: Hollywood’s Chernin, Banijay’s owner in talks to buy ITV Studios, Westrock Coffee to develop new distribution center, and NRC begins public engagement for TRISO-X nuclear fuel facility license 


Hollywood’s Chernin, Banijay’s owner in talks on ITV Studios

Veteran Hollywood producer Peter Chernin and the owner of French TV production group Banijay have expressed an interest in buying a stake in UK broadcaster ITV’s Studios, the maker of hit show “Love Island”, sources familiar with the matter told Reuters. ...READ MORE

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New Vista Acquisition Corp. (NVSA) Signs LOI with Verijet

New Vista Acquisition Corp. (NASDAQ: NVSA) announced this morning that it has signed a non-binding letter of intent (LOI) to combine with private aviation firm Verijet Holding Company LLC.

Although details on the proposed merger remain limited for the time being, the SPAC expects to announce further information once a definitive agreement has been finalized.  ...READ MORE

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The Latest Liquidations: January 31, 2023

Latest SPAC Liquidations: Ascendant Digital Acquisition Corp. III, Mason Industrial Technology, Catalyst Partners Acquisition Corp.


Ascendant Digital III (ACDI) to Liquidate on February 16

Ascendant Digital Acquisition Corp. III (NYSE: ACDI) today announced that its board of directors has determined to redeem all of its outstanding Class A ordinary shares, effective as of February 16, 2023. ...READ MORE

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latest-news

The Latest SPAC News and Rumors: January 31, 2023

 


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

Latest SPAC News: Arrival appoints new CEO after laying off 50% of workforce, Hambro SPAC ditches merger talks with Istesso, and DocGo partners with Dollar General


EV startup Arrival appoints new CEO, posts plan to lay off 50% of its workforce

UK-based electric vehicle startup Arrival has announced plans to lay off half of its workforce as part of its efforts to cut costs. ...READ MORE

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