Digital World (NASDAQ:DWAC) naturally has one of the most attention-grabbing pending deals out with its combination with Trump Media (TMTG), but there has been some concern about the ability of the parties to complete the transaction given that the parties had not yet filed a proxy despite announcing the deal nearly seven months ago. ...READ MORE
Kingswood (NASDAQ:KWAC) announced this morning that it has entered into a non-binding letter of intent (LOI) to combine with broker dealer service platform Wentworth ahead of an extension vote.
Wentworth describes itself as a “special purpose vehicle to acquire and hold interests in broker dealers” with a long-hold strategy meant to capture economies of scale to serve financial institutions and advisors. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies gaining a boost from post-pandemic leisure spending. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Redbox (NASDAQ:RDBX) has agreed to be acquired by Chicken Soup for the Soul Entertainment (NASDSAQ:CSSE) in an all-stock deal just over six months after Redbox closed a SPAC deal with Seaport Global. ...READ MORE
Dune (NASDAQ:DUNE) filed an initial proxy to extend its transaction deadline in the latest change of direction in its zig-zagging process concerning its pending combination with equities trading platform TradeZero.
The move caps off a strange month for Dune, in which it launched a lawsuit against TradeZero while its Board still recommended shareholders vote in favor of the merger, then changing this recommendation to “against” earlier this week, and now focusing on an extension vote before a completion vote. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies making sustainable consumer products or materials. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Dune (NASDAQ:DUNE) this morning took the highly unusual step of urging its shareholders to vote against its pending business combination with TradeZero when they assemble for a special meeting to approve or deny its combination. ...READ MORE
Tuatara Capital Acquisition Corp. (NASDAQ:TCAC) has announced a second re-striking of its combination with cannabis software company springbig, this time shaving the company’s pro forma enterprise value by 8.3% and adding additional equity funding mechanisms. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies developing ghost kitchen business models. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Mallard (NASDAQ:MACU) announced this morning that it plans to begin liquidating its trust on April 29, after facing high redemptions connected with its April 25 vote to extend its transaction deadline to October 29. ...READ MORE
