The Latest SPAC News and Rumors: June 3, 2022

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

Latest SPAC News: Traveloka nears $200 million funding after SPAC talks

Traveloka is Said Near $200 Million Funding After SPAC Talks 

Traveloka, Southeast Asia’s biggest online travel startup, is close to raising more than $200 million from investors after ending talks to go public via a merger with a blank-check company last year, according to people familiar with the matter. ...READ MORE

The Latest SPAC News and Rumors: June 2, 2022

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

Latest SPAC News: Grove Collaborative announces first quarter 2022 results

Grove Collaborative Announces Fiscal First Quarter 2022 Financial Results and Provides Updated Guidance

Grove Collaborative, Inc., ...READ MORE

The Latest SPAC News and Rumors: June 1, 2022

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

Latest SPAC News: Eve partners with Porsche Consulting, Footprint reports strong start to 2022 with record revenue, and Selina opens flagship hotel

Eve Partners with Porsche Consulting to Define eVTOL Global Manufacturing, Logistics and Supply Chain Strategy

Eve Holding, Inc. ...READ MORE

RedBall Acquisition Corp. (RBAC) Terminates SeatGeek Deal

RedBall Acquisition Corp. (NYSE:RBAC) announced this morning that it has mutually terminated its combination agreement with ticket marketplace SeatGeek.

Similar to a handful of other SPACs we’ve seen, RedBall cited unfavorable market conditions as the key reason behind the termination. ...READ MORE

890 5th Avenue to Buyout Group Nine’s Founder Shares (GNAC)

Group Nine Acquisition Corp. (NASDAQ:GNAC) announced this afternoon that it has entered into a Membership Interest Purchase Agreement with 890 5^th Avenue Partners, LLC to sell certain Class A interests of the sponsor, Group Nine SPAC, LLC, which economically corresponds to 4,025,000 shares of Class B common stock, or Founder Shares.  ...READ MORE

The Latest SPAC News and Rumors: May 31, 2022

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

Latest SPAC News: Senator Warren plans bill to crack down on SPAC industry, Voltus partners with SemaConnect to deliver grid support 

US Senator Warren Plans Bill to Crack Down on Blank Check Deals

Democratic U.S. ...READ MORE

The Latest SPAC News and Rumors: May 27, 2022

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

Latest SPAC News: SPACs see a flurry of deals, first blank-check company in the Middle East surges

SPACs Make Flurry of Deals as Blank Checks Seek Something to Own

Blank-check companies settled on deals to buy a members-only startup airline, a startup augmented reality firm and a company called Two Bit Circus this month as SPACs face pressing deadlines to strike deals or close shop. ...READ MORE

The Latest SPAC News and Rumors: May 26, 2022

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

Latest SPAC News: LanzaTech discovers method to produce sustainable PET bottles from carbon, Rubicon partners with Palantir, and D-Orbit launches sixth ION Satellite Carrier

LanzaTech, With the Support of Danone, Discovers Method to Produce Sustainable PET Bottles From Captured Carbon

A consortium, including LanzaTech and Danone, led to the discovery of a new route to monoethylene glycol, (MEG), which is a key building block for polyethylene terephthalate, (PET), resin, fibers and bottles. ...READ MORE

Apollo Strategic Growth Capital (APSG) Shareholders Approve American Express GBT Deal

Apollo Strategic Growth Capital (NYSE:APSG) announced that its shareholders have voted to approve its combination with American Express Global Business Travel in a special meeting held earlier today.

A total of 52,956,302 Class A ordinary shares and 20,420,250 Class B ordinary shares, representing approximately 71.87% of the outstanding ordinary shares entitled to vote, were present at today’s meeting. ...READ MORE

The Latest SPAC News and Rumors: May 25, 2022

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

Latest SPAC News: MSP Recovery plunges over 60% following merger, and Polestar invests in Israeli fast-charging battery startup

Mega-SPAC Mints a $21 Billion Fortune That Collapses in Minutes

MSP Recovery (NASDAQ:MSPR) was valued at $32.6 billion in its merger with special purpose acquisition company Lionheart Acquisition Corp. ...READ MORE

Haymaker III (HYAC) Shareholders Approve Biote Deal

Haymaker Acquisition Corp. III (NASDAQ:HYAC) announced that its shareholders have voted to approve its combination with hormone-optimization medical practice builder Biote in a special meeting held earlier today.

Redemption numbers have not yet been disclosed. ...READ MORE

The Latest SPAC News and Rumors: May 24, 2022

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

Latest SPAC News: Asia Innovations in talks to merge with E.Merge Technology and Alvotech announces positive results from clinical study for AVT04

Parent of Social Platform Uplive is Discussing Deal With E.Merge