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IPO-Pricing
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New SPAC: Helix Acquisition Corp. II (HLXB) Files for $100M IPO

Helix Acquisition Corp. II (NASDAQ:HLXB) filed for a $100 million IPO yesterday afternoon and has set its sights on the biotechnology sector. As the second SPAC to file this year, Helix II is putting a vote of confidence towards biotech, reinforced by the fact that the US spends $4.5 trillion on health expenses annually, and
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Newcourt Acquisition Corp. (NCAC) Shareholders Approve Psyence Deal

Newcourt (NASDAQ:NCAC) announced this morning that its shareholders approved its combination with psychedelic medicine company Psyence (CSE:PSYG) during a special meeting yesterday, January 18.

Shareholders opted to redeem 929,727 shares at a redemption price of approximately $11.51 per share in connection with the vote, removing about $10.7 million from Newcourt’s trust and leaving it with 183,294 public shares outstanding and about $2.1 million in trust.

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IPO-Pricing
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Digital World Acquisition Corp. (DWAC) Terminates Remaining PIPE

Digital World Acquisition Corp. (NASDAQ:DWAC) has disclosed the termination of the remaining $530.5 million of its PIPE, with investors currently exploring alternative financing options.

The decision comes as a result of challenges related to one of the closing conditions for the PIPE, specifically the effectiveness of the initial resale Registration Statement by the SEC.

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Newcourt (NCAC) Adds $12.5M Convertible Note to Psyence Deal

Newcourt (NASDAQ:NCAC) announced in an 8-K this morning that it has secured an aggregate of $12.5 million in convertible notes for its merger with psychedelic medicine company Psyence (CSE:PSYG).

The notes will consist of up to four senior secured convertible notes, issuable to the purchaser at or after the closing, in exchange for up to $10 million in subscription amounts.

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Arisz Acquisition Corp. (ARIZ) Increases PIPE for BitFuFu Deal

Arisz (NASDAQ:ARIZ) announced in an 8-K this morning that it has increased its PIPE commitments to $74 million from $70 million for its merger with digital asset mining service BitFuFu.

The parties previously secured $70 million in funding at deal announcement for a purchase price of $10 per share which will be issued to stockholders at closing.

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Bukit Jalil Global Acquisition 1 (BUJA) Signs LOI with Global IBO

Bukit Jalil Global Acquisition 1 (NASDAQ: BUJA) announced this afternoon that it has signed a non-binding Letter of Intent (LOI) with the AI-driven platform Global IBO Group.

Founded in 2019, GIBO provides a suite of technologies, such as AI script, voice and image, for content creators to assist in an array of creative solutions including script writing, voice synthesis, and art restoration.

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