Metals Acquisition Corp. (NYSE:MTAL) has continued to add to the committed financing for its combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this afternoon that it has executed $26 million in PIPE agreements. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in the city, people familiar with the matter said, in what would be the second such deal in the Middle East. ...READ MORE
Jackson Acquisition Company (NYSE: RJAC.U) today announced that it will redeem all of the outstanding shares of Class A common stock, effective as of the close of business on June 13, 2023. ...READ MORE
NaturalShrimp Incorporated (OTCQB:SHMP), which entered into a definitive agreement with Yotta Acquisition Corp. (NASDAQ:YOTA) in October 2022, filed an 8-K today announcing that it has entered into an equity financing agreement, a registration rights agreement, and a purchase agreement with GHS Investments. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Serial dealmaker Martin E. ...READ MORE
Biote (NASDAQ: BTMD), the hormone-optimization medical practice builder that combined with Haymaker III in May 2022, announced this afternoon that it has launched an offer to exchange all outstanding warrants for 0.23 Class A shares each. ...READ MORE
On May 8, LAMF Global Ventures Corp. I (NASDAQ:LGVC) and the Sponsor entered into further non-redemption agreements with additional unaffiliated third-party investors pursuant to which the Additional Investors have, in connection with the Extension Meeting, agreed not to redeem, or to reverse and revoke any prior redemption election with respect to 1,588,000 Non-Redeemed Shares. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
On May 7, 2023, the board of directors of Progress Acquisition Corporation (NASDAQ:PGRW) determined that it intends to dissolve and liquidate and will redeem all of the outstanding shares of Class A common stock at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the Company’s trust account divided by the number of then outstanding Public Shares. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Allrites Holdings Pte, a Singaporean film and television content rights marketplace, has agreed to go public through a merger with US-listed blank check firm Aura FAT Projects Acquisition Corp. ...READ MORE
On May 5, Maquia Capital Acquisition Corporation (NASDAQ:MAQC) and Maquia Investments North America, LLC entered into a non-redemption agreement with one or more unaffiliated third party or parties in exchange for such third party or third parties agreeing not to redeem an aggregate of 247,883 shares of Class A common stock. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Alchemy Investments Acquisition Corp 1 priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ALCYU” Friday, May 5, 2023.
The SPAC intends to acquire a deep technology company with a focus on data analytics. ...READ MORE
VMG Consumer Acquisition Corp. (NASDAQ:VMGA) today announced that it has cancelled its special meeting of stockholders and intends to dissolve and liquidate, effective as of the close of business on May 15, 2023. ...READ MORE
On May 3, 2023, Pono Capital Two (NASDAQ:PTWO) entered into non-redemption agreements with certain unaffiliated stockholders owning, in the aggregate, 773,682 shares of the Company’s Class A common stock, pursuant to which such stockholders agreed, among other things, not to redeem or exercise any right to redeem such public shares in connection with the extension. ...READ MORE
Galata Acquisition Corp. (NYSE: GLTA) announced this afternoon that it has amended its business combination agreement and subscription agreements in connection to its proposed merger with Turkish mobility app Marti.
As part of the amendment, Galata will no longer be required to have a minimum of $50 million in cash on hand, which was previously waived by Marti. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Newsight Imaging Ltd., ...READ MORE
VMG Consumer Acquisition Corp. (Nasdaq:VMGA) announced this afternoon that it has decided to cancel its extension vote tomorrow and will instead liquidate its trust.
At the meeting, the SPAC intended to seek shareholder approval of a proposal to extend its timeline from May 15 to November 15. ...READ MORE
Kimbell Tiger Acquisition Corporation (NYSE: TGR), today announced that it will redeem all of its outstanding shares of Class A Common Stock and the 2,500 shares of Class A common stock forming part of the sponsor shares, effective as of the close of business on May 22, 2023. ...READ MORE
