Forest Road II (NYSE:FRXB) announced in an 8-K filing this morning that it has signed a non-redemption agreement with one more investors, securing 1,000,000 shares through an upcoming extension vote. ...READ MORE
SPACInsider contributors Anthony Sozzi and Nic Narang this week compiled their three favorite potential SPAC targets among potential targets leveraging AI technology. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
LF Capital Acquisition Corp. II (NASDAQ:LFAC) announced in an 8-K this morning that it has adjourned its February 15 vote to 6 pm ET February 17.
Shareholders in the vote are set to consider an increase to LF Capital II’s monthly contribution to its trust from $0.033 to $0.04. ...READ MORE
CENAQ Energy Corp. (NASDAQ:CNAQ) announced it has closed its combination with Bluescape Clean Fuels following the addition of a PIPE earlier this week.
Bluescape is now to be renamed Verde Clean Fuels with its shares and warrants set to trade on the Nasdaq under the symbols “VGAS” and “VGASW” later today. ...READ MORE
Legato Merger Corp II (NASDAQ:LGTO) announced it has now closed its combination with construction firm Southland Holdings and the combined company’s shares and warrants will soon trade under the symbols “SLND” and “SLNDW”, respectively. ...READ MORE
Aesther Healthcare (NASDAQ:AEHA) announced this morning that it has closed its combination with Ocean Biomedical after its shareholders approved the transaction at a special meeting on February 3.
The combined company’s shares and warrants are expected to begin trading today under the symbols “OCEA” and “OCEAW”, respectively. ...READ MORE
Khosla Ventures (NASDAQ:KVSA) and Stratim Cloud (NASDAQ:SCAQ) each announced non-binding letters of intent with potential combination targets and provided varying levels of information along with the news.
Stratim Cloud at least named its target as Force Pressure Control, an energy firm that provides tools and services for fracking natural gas wells. ...READ MORE
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced this morning that it has landed its combination with Intuitive Machines to close following a shareholder vote at its special meeting on February 8.
The combined company’s shares and warrants are expected to trade on Nasdaq under the ticker symbols “LUNR” and “LUNRW,” respectively, on February 14. ...READ MORE
Maxpro Capital (NASDAQ:JMAC) announced in an 8-K this morning that it has entered into a PIPE agreements adding $23.65 million to its combination with drug developer Apollomics.
Of these, $21.35 million was raised at $10 per share as “Series A preferred shares”. ...READ MORE
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced in an 8-K filing this morning that it has added forward purchase agreements (FPAs) to backstop shares following the vote to complete its combination with aerospace hardware-maker Intuitive Machines. ...READ MORE
AMCI Acquisition Corp. II (NASDAQ:AMCI) announced this morning that it has closed its combination with carbon capture technology company LanzaTech.
The combined company’s shares are expected to begin trading on the Nasdaq on February 10 under the symbol “LNZA” and its warrants as “LNZAW”. ...READ MORE
Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced in an 8-K filing that its shareholders approved its combination with motion-capture technology company Movella at a special meeting February 8.
A total of 28,961,090 shares were redeemed in connection with the vote however, removing 89.1% of the SPACs trust and leaving $36.2 million remaining. ...READ MORE
New Vista Acquisition Corp. (NASDAQ:NVSA) announced this morning that it is postponing its special meeting to extend its completion deadline from February 10 to 10 am ET February 15.
The SPAC’s sponsor will also now deposit $200,000 into the trust for each monthly extension up to $2.4 million if the full 12 months are required, bringing its new deadline to February 19, 2024. ...READ MORE