Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the process, months after it pulled out of a deal to go public through a SPAC. ...READ MORE
L&F (NYSE:LNFA) announced in an 8-K filing this afternoon that its shareholders have approved its combination with cybersecurity firm ZeroFox at a special meeting held earlier today.
Alpha Capital (NASDAQ:ASPC) announced in a press release this afternoon that its shareholders have approved its combination with data software platform Semantix at a special meeting held earlier today.
The press release did not include redemption figures, but Alpha’s $93.6 million PIPE alone is sufficient to satisfy the deal’s $85 million minimum cash condition. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Israeli lidar maker Innoviz (NASDAQ:INVZ) announced Tuesday it has won a contract to supply lidar units and related software for autonomous driving to a unit of Volkswagen, in a deal worth $4 billion in sales over eight years. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Nikola Corp. ...READ MORE
ACE Convergence (NASDAQ:ACEV) announced this afternoon that its target, electronics manufacturer Tempo Automation, has terminated its merger agreement with Compass Diversified Holdings (NYSE: CODI).
Concurrent with the business combination, Tempo had originally planned to acquire 100% of the issued and outstanding equity interests in Compass AC Holdings, Inc. ...READ MORE
Mountain Crest III (NASDAQ:MCAE) and a PIPE investor have mutually terminated a $250 million investment in connection to its proposed merger with healthcare group ETAO.
The investor, SME Investment Group Co., ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
UK gambling software provider Playtech said on Friday it had stopped pursuing talks with Caliente Interactive for the Mexican sports betting firm’s unit Caliplay to list publicly in the United States via a SPAC deal, citing weak capital market conditions. ...READ MORE
CHW Acquisition Corp. (NASDAQ:CHWA) announced in a press release this afternoon that its shareholders have approved its combination with dog-care service platform Wag at a special meeting held earlier today.
A total of 13,050,501 ordinary shares, or 83.19% of CHW Acquisition Corporation’s issued and outstanding ordinary shares, were present at today’s meeting. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022. ...READ MORE
Brookline Capital (NASDAQ:BCAC) announced in an 8-K this morning that its shareholders approved its combination with Apexigen at a special meeting July 27.
The filing did not include redemption figures, but the transaction also did not have a minimum cash condition beyond listing requirements. ...READ MORE
Duddell Street (NASDAQ:DSAC) announced this afternoon that its shareholders approved its combination with legal and regulatory data provider FiscalNote at a special meeting held earlier today.
The press release did not provide details on redemption amounts, but DSAC traded above its trust value of $10 throughout its redemption deadline, July 25. ...READ MORE
SCVX Corp. (NYSE:SCVX) announced this afternoon that it will be redeeming all outstanding shares and liquidating its trust, effective as of August 11, 2022.
SCVX originally had 24 months on its transaction timeline to complete a business combination. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
SomaLogic (NASDAQ: SLGC), a leader in AI data-driven proteomics technology, today announced it entered into an agreement to acquire Palamedrix, Inc., ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Today, Ginkgo Bioworks (NYSE: DNA) — the leading horizontal platform for cell programming — and the biotechnology company Zymergen (Nasdaq: ZY) announced they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values Zymergen at an approximately $300 millionmarket capitalization. ...READ MORE
