The Latest Non-Redemption Agreements: June 26, 2023
Latest Non-Redemption Agreements: GSR II Meteora
GSR II Meteora Acquisition Corp. (GSRM) Adds Non-Redemption Agreement
On June 22, 2023, June 23, 2023, and June 26, 2023, GSR II Meteora Acquisition Corp. (NASDAQ:GSRM) entered into additional non-redemption agreements with certain third parties. ...READ MORE
The Latest Liquidations: June 26, 2023
Latest SPAC Liquidations: Elliott Opportunity II Corp.
Elliott Opportunity II Corporation (EOCW) to Liquidate on July 11
Elliott Opportunity II Corp. (NYSE:EOCW) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of July 11. ...READ MORE
Kairous Acquisition Corp. Limited (KACL) Mutually Terminates Wellous Deal
Kairous Acquisition Corp. Limited (NASDAQ:KACL) announced this afternoon that its business combination with nutrition company Wellous has been mutually terminated.
Since the termination was by mutual agreement, there won’t be a termination fee or other payment due to either party. ...READ MORE
Priveterra Acquisition Corporation (PMGM) Adjourns Completion Vote for Sixth Time
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced this afternoon that its special meeting, intended to approve its combination with AEON Biopharma, has been adjourned for the sixth time.
Initially scheduled for noon today, the meeting has now been pushed back to the same time on June 28. ...READ MORE
The Latest SPAC News and Rumors: June 26, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Martin Franklin makes offer to acquire Whole Earth Brands and Lucid to power Aston Martin’s future EVs
Franklin Eyes Buyout of Whole Earth Brands in $169 Million Deal
Whole Earth Brands Inc.’s
The Latest Non-Redemption Agreements: June 23, 2023
Latest Non-Redemption Agreements: 7GC & Co. Holdings Inc.
7GC & Co. Holdings Inc. (VII) Adds Non-Redemption Agreement
On June 22, 7GC & Co. Holdings Inc. (NASDAQ:VII) and the sponsor, 7GC & Co. Holdings LLC, entered into a non-redemption agreement with an unaffiliated third party in exchange for the Holder agreeing either not to request redemption, or to reverse any previously submitted redemption demand with respect to an aggregate of 250,000 shares of Class A common stock. ...READ MORE
The Latest Liquidations: June 23, 2023
Latest SPAC Liquidations: Corsair Partnering Corporation
Corsair Partnering Corporation (CORS) to Liquidate on July 11
Corsair Partnering Corporation (NYSE:CORS) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of July 11. ...READ MORE
Babylon (BBLN) Announces Take-Private Transaction with MindMaze
Babylon (NYSE:BBLN) provided an update this morning on its recapitalization transaction, announcing that it has accepted a take-private proposal from AlbaCore on behalf of its affiliate, digital neurotherapeutic platform MindMaze.
The parties expect the transaction to close by July, but as the two companies work to come together within the next few weeks, they will both continue executing their day-to-day operations. Over ...READ MORE
The Latest SPAC News and Rumors: June 23, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Blue Owl to retire its Owl Rock and Dyal brands, former Lordstown Motors CEO cashes out
Blue Owl to Retire Its Owl Rock and Dyal Brands as Founders Feud
Blue Owl Capital Inc.
Tastemaker Acquisition Corp. (TMKR) Terminates Quality Gold Deal
Tastemaker Acquisition Corp. (NASDAQ:TMKR) announced this afternoon that it has terminated its combination with jewelry distributor Quality Gold.
The parties noted that they decided to nix the deal due to market conditions that would be challenging to navigate. ...READ MORE
The Latest Liquidations: June 22, 2023
Latest SPAC Liquidations: Forum Merger IV
Forum Merger IV Corporation (FMIV) to Liquidate on June 22
Forum Merger IV Corporation (Nasdaq: FMIV) today announced that its board of directors has determined to redeem all of its outstanding shares of Class A common stock, effective as of June 22. ...READ MORE
Minority Equality Opportunities (MEOA) Terminates Digerati Deal
Minority Equality Opportunities (NASDAQ:MEOA) announced this afternoon that it has terminated its combination with cloud services firm Digerati (OTCQB:DTGI).
The 8-K gave few further details, but the SPAC had postponed its completion vote five times as it worked on a means of keeping more shares active in the company and allowing it to maintain listing standards. ...READ MORE
The Latest SPAC News and Rumors: June 22, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: London’s New Energy One mulls Eni North Sea merger, Freightos partners with Wideroe, and SpaceMobile confirms 4G capabilities to smartphones from space
London-listed SPAC New Energy One in talks about Eni North Sea merger
A London-listed vehicle advised by Amber Rudd, the former home secretary, is in talks to merge with a portfolio of carbon capture and storage (CCS) projects part-owned by Eni, the Italian energy giant.
FTAC Emerald Acquisition Corp. (EMLD) Signs LOI
FTAC Emerald Acquisition Corp. (NASDAQ: EMLD) announced that on March 16, it signed a non-binding letter of intent (LOI) to combine with an unnamed target.
With a completion deadline of June 20, FTAC Emerald was set to expire, but now that it has announced a signed LOI in hand, the company will receive an automatic extension of three months, giving it a new deadline of September 20. ...READ MORE
Priveterra Acquisition Corporation (PMGM) Adjourns Completion Vote for Fifth Time
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced this afternoon that its special meeting, intended to approve its combination with AEON Biopharma, has been adjourned for the fifth time.
Initially scheduled for noon today, the meeting has now been rescheduled for the same time on June 26. ...READ MORE
The Latest SPAC News and Rumors: June 21, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SEC charges Marcum LLP for quality control deficiencies, flyExclusive launches enhanced Jet Club and fractional program and Owlet announces clearance from FDA
SEC Charges Audit Firm Marcum LLP for Widespread Quality Control Deficiencies
The Securities and Exchange Commission today charged audit firm Marcum LLP with systemic quality control failures and violations of audit standards in connection with audit work for hundreds of SPAC clients beginning at the latest in 2020.
The Latest Non-Redemption Agreements: June 20, 2023
Latest Non-Redemption Agreements: Cartica Acquisition Corp.
Cartica Acquisition Corp. (CITE) Adds Non-Redemption Agreement
On June 16, Cartica Acquisition Corp. (NASDAQ:CITE) entered into certain non-redemption agreements with unaffiliated institutional investors in exchange for the Holders agreeing either not to request redemption, or to reverse any previously submitted redemption demand with respect to an aggregate of 700,000 Class A ordinary shares. ...READ MORE
Frontier Investment Corp. (FICV) Adjourns Extension Vote Again
Frontier Investment Corp. (NASDAQ: FICV) announced this afternoon that it has once again decided to adjourn its special meeting.
Initially planned for June 16, the extension meeting was adjourned by Frontier Investment’s chairman until June 22, but is now being further delayed until June 29 at 9:00 a.m. ...READ MORE
