Author: Marlena Haddad

Frazier Lifesciences Acquisition Corp. (FLAC) Shareholders Approve NewAmsterdam Pharma Deal

Frazier Lifesciences (NASDAQ:FLAC) announced this morning that its shareholders have approved its business combination with biotech firm NewAmsterdam Pharma Holding during a special meeting today.

The SPAC disclosed that holders of approximately 32% of FLAC Class A ordinary shares exercised their right to redeem their shares for cash, significantly lower than the average redemption rate for completed deals this year at 83.99%. ...READ MORE

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The Latest SPAC News and Rumors: November 15, 2022

 


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

Latest SPAC News: Elliott discloses new stake in Clarivate, Virusight and Technogenetics expand collaboration, and Apollomics receives FDA Orphan Drug Designation  


Elliott Takes Stake in Clarivate With Take-Private Wave Rising

Elliott Investment Management disclosed a new stake in Clarivate Plc (NYSE:CLVT) amid a wave of take-private transactions in the information services sector. ...READ MORE

Kingswood Acquisition Corp. (KWAC) Adjourns Extension Vote

Kingswood Acquisition Corp. (NYSE:KWAC) announced this morning that it is adjourning tomorrow’s special meeting from November 15, to November 18.

Similar to the issues Digital World (Nasdaq: DWAC) is having with its own extension vote, Kingswood disclosed that the meeting is being adjourned in order to solicit more votes toward the approval to further extend to May 24, 2023. ...READ MORE

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The Latest SPAC News and Rumors: November 11, 2022

 


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

Latest SPAC News: Polestar Q3 loss narrows, DWAC has wild ride triggered by midterm elections, and Cvent partners with Zoom for live events


Polestar Q3 loss narrows, expects hit from rising costs

Polestar (NASDAQ:PSNYW) on Friday reported a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, sending shares soaring 29% in early trading. ...READ MORE

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The Latest SPAC News and Rumors: November 10, 2022

 


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

Latest SPAC News: Forbes enters into exclusive buyout talks with investor group, Intuitive Machines mission control cleared to track Artemis I, and court partially rebukes securities suit against Virgin Galactic SPAC deal


Forbes enters into exclusive buyout talks with investor group 

Business news and information publisher Forbes said on Wednesday it has entered into “exclusive discussions” with an investor consortium for the sale of the company. ...READ MORE

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Athlon Acquisition Corp. (SWET) to Liquidate Trust

Athlon Acquisition Corp. (NASDAQ: SWET) announced in a press release this morning that due to its inability to complete a business combination, it will dissolve and liquidate its trust.

The SPAC, which originally had a completion deadline of January 14, will now redeem all of the outstanding shares of Class A common stock that were included in the units issued in its IPO at an estimated per-share redemption price of $10.06. ...READ MORE

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