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
Top 3 SPAC Targets – Telehealth/DTC Medicine
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among telehealth firms. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
MCAP Acquisition Corporation (MCAP) and AdTheorent Waive Minimum Cash Ahead of Vote
MCAP (NASDAQ:PFDR) announced this morning that its proposed merger partner AdTheorent has opted to waive its minimum cash conditions as a part of their transaction.
The parties initially agreed to a $140 million overall minimum cash threshold and a minimum of $258.1 million set to come from MCAP’s roughly $316 million trust. ...READ MORE
