CC Neuberger Principal Holdings II (PRPB) Adds $75M to PIPE for Getty Deal
CC Neuberger Principal Holdings II (NYSE:PRPB) has added $75 million to its PIPE for its combination with visual content marketplace Getty.
This new funding came at from CC Neuberger II affiliate Multiply Group under the same $10 per share terms as the existing PIPE. ...READ MORE
Li-Cycle (LICY) to Redeem All Outstanding Warrants
Li-Cycle (NYSE:LICY) announced this morning that it will redeem all outstanding warrants on January 26, 2022 at a price of $0.10 per warrant.
Warrantholders have until this date to choose to either exercise these 1/2 warrants to purchase shares at $11.50 per share or surrender them on a cashless basis. ...READ MORE
Zanite Acquisition Corp. (ZNTE) Adds $10M to PIPE for Eve Deal
Zanite (NASDAQ:ZNTE) announced this morning in an 8-K that it has added $10 million to the PIPE for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer Eve.
The parties agreed to this addition on Christmas Eve, topping off the PIPE to a total of $315 million. ...READ MORE
Top 3 SPAC Targets – NFTs
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in the NFT space. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Trump Media and Rumble Team Up, Moving CF VI (CFVI) & Digital World (DWAC) Prices
Digital World (NASDAQ:DWAC) target Trump Media & Technology Group has announced a cloud services partnership with digital media platform Rumble, which itself has a pending deal with CF VI (NASDAQ:CFVI).
As has been the trend with both deals, little concrete information was released on this new arrangement, but it nonetheless has translated into high-volume buying for both stocks. ...READ MORE
Matterport (MTTR) Announces Redemption of Public Warrants
Matterport (NASDAQ:MTTR) announced this morning that it will redeem all outstanding warrants and warrantholders have until 5 pm ET, January 14, 2022 to exercise them.
The company, which completed its combination with Gores VI in July, has been a relative bright spot among de-SPACs in the current market, hitting a high of $33.48 on November 29 and generally trading above $20 since Halloween. ...READ MORE