Granite Ridge Resources (NYSE:GRNT), which combined with Executive Network Partnering in October 2022, announced this morning that it has launched an offer to exchange all outstanding warrants into 0.25 shares each. ...READ MORE
Fintech Ecosystem (NASDAQ:FEXD) announced in an 8-K this morning that it has terminated its business combination with financial services provider Rana.
The filing noted that the deal was terminated well before its September 12 outside date because Rana failed to provide audited financial statements to the other parties in a timely manner. ...READ MORE
EG Acquisition Corp. (NYSE:EGGF) announced this morning that it is pushing its extension vote from today to 12 pm ET May 19 to give it more time to engage with shareholders. ...READ MORE
Chain Bridge I (NASDAQ:CBRG) announced this morning that third-party investors had completed the purchase of 175,000 shares on the open market as a part of non-redemption agreements the SPAC has arranged. ...READ MORE
Evergreen (NASDAQ:EVGR) announced this morning that it was canceling a special meeting to be held 11 am ET today to extend its deadline and will instead use its ability to automatically extend this date by three months. ...READ MORE
OmniLit Acquisition Corp. (NASDAQ:OLIT) has entered into a definitive agreement to combine with precision optics-maker Syntec for initial equity consideration of $316 million.
Rochester, New York-based Syntec provides lenses and other optical equipment to the defense, medical and consumer sectors. ...READ MORE
RMG III (NASDAQ:RMGC) announced in an 8-K this morning that it has entered into a merger agreement with hydrogen energy company H2B2 Electrolysis, but left few other details in the filing. ...READ MORE
Evergreen (NASDAQ:EVGR) announced that it adjourned its extension vote this morning without conducting any business, but it will make another run at it tomorrow.
Proceedings will recommence at 11 am ET, May 10 and shareholders will have more time to change their votes. ...READ MORE
AlTi Global (NASDAQ:ALTI), the wealth and asset manager that combined with Cartesian Growth in January, announced this morning that it has launched an offer to exchange all outstanding warrants for 0.25 Class A shares each. ...READ MORE
Corner Growth Acquisition Corp. (NASDAQ:COOL) has entered into a definitive agreement to combine with software firm Noventiq (LSE:NVIQ) at an enterprise value of $800 million, or 0.4x its FY2021 revenue.
The London-based company helps companies lead internal digital transformations to drive efficiencies in their IT, cloud storage and cybersecurity systems. ...READ MORE
OceanTech I (NASDAQA:OTEC) has entered into a definitive agreement to combine with regenerative medicine company Regentis at a $95 million valuation.
Or-Akiva, Israel-based Regentis has been working to commercialize its GelrinC orthopedic therapy to repair cartilage damage in knees and has already received a CE mark in Europe as a medical device. ...READ MORE
Compute Health (NYSE:CPUH) announced in an 8-K this morning that it has made a number of amendments to its business combination with Allurion, shifting its financing arrangements.
The bulk of the new financing changes affect the $16.75 million in convertible bridge notes that Allurion issued in February with Hunter Ventures Limited taking on $13 million of these. ...READ MORE
Roth CH V (NASDAQ:ROCL) announced this morning that it has entered into a letter of intent (LOI) to combine with podcast platform Slacker at a proposed enterprise value of $160 million. ...READ MORE
Arrowroot Acquisition Corp. (NASDAQ:ARRW) has entered into a definitive agreement to combine with AI technology firm iLearningEngines at an enterprise value of $1.4 billion, or 3.3x its 2023E.
The Bethesda, Maryland-based company provides AI-based tools to automate business operations and improve efficiencies in internal programs for a variety of industries. ...READ MORE
