Aesther Healthcare (AEHA) to Combine with Ocean Biomedical in $345M Deal
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Aurora Acquisition Corp. (AURC) Revises Better Deal Again
Aurora (NASDAQ:AURC) announced its fourth tweak to its combination with homebuying marketplace Better, which includes an extension of the deal’s outside date to March 8, 2023.
Better must also cover up to $15 million in expenses for Aurora, half of which must be delivered within five days of this agreement, and the remainder in two $3.75 million tranches on January 2 and March 8. ...READ MORE
Cohn Robbins Holdings (CRHC) Secures $260M Backstop for Allwyn Deal
Cohn Robbins (NASDAQ:CRHC) announced that it has secured a $260 million backstop for its combination with Swiss lottery operator Allwyn.
European investment group PPF has agreed to buy up to 26,000,000 shares at $10 per share as needed, adding to 4,000,000 it already owns. ...READ MORE
African Gold Acquisition Corporation (AGAC) Discloses Improper Withdrawals of Funds
African Gold (NYSE:AGAC) disclosed in an 8-K over the weekend that its management recently detected improper withdrawals from the company’s bank accounts and CFO Cooper Morgenthau has been terminated as a result. ...READ MORE
REE Automotive (REE) Calls All Outstanding Warrants
REE Automotive (NASDAQ:REE) has commenced an exchange offer to convert all outstanding warrants for 0.20 class A ordinary shares.
At REE’s last closing price of $1.34, this equates to $0.268 in value per warrant, although the company’s shares have since dipped in the pre-market on the news. ...READ MORE
Top 3 SPAC Targets – B2B SaaS Players
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among B2B SaaS players that are hitting their inflection points. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Endurance Acquisition Corp. (EDNC) Lowers Satixfy Valuation in Re-Strike
Endurance Acquisition Corp. (NASDAQ:EDNC) announced in an 8-K filing this morning that it has made a pair of amendments to its combination with satellite hardware-maker Satixfy, lowering its valuation and introducing sponsor concessions. ...READ MORE
Software Acquisition Group III (SWAG) Shareholders Approve Nogin Deal
Software Acquisition Group III (NASDAQ:SWAG) announced that its shareholders approved its combination with software firm Nogin at a special meeting yesterday.
The SPAC tipped in an 8-K yesterday that about 82.7% of its shares were redeemed in connection with its vote. ...READ MORE
Software Acquisition Group III (SWAG) Divulges Redemptions in Nogin Vote
Software Acquisition Group III (NASDAQ:SWAG) announced in an 8-K filing this morning that about 82.7% of its shares were redeemed in connection with its vote to complete its combination with software firm Nogin earlier today. ...READ MORE
Top 3 SPAC Targets – Drones and Robots with Jobs
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies producing either drones or robots taking over jobs in the inflation-stricken economy. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
FAST (FST) Reaches Interim Agreement in Special Opportunities Suit
FAST Acquisition Corp (NYSE: FST) announced this morning that it has come to a partial agreement with regard to the suit brought by Special Opportunities Fund (NYSE:SPE) over the distribution of the SPAC’s funds in its upcoming liquidation. ...READ MORE
MarketWise (MKTW) Launches Exchange Offer for Warrants
MarketWise (NASDAQ:MKTW), which combined with Ascendant Digital in July 2021, has launched an offer to exchange all outstanding warrants for 0.1925 shares each.
At the company’s current share price of $4.08, this amounts to a value of $0.79662 per warrant. ...READ MORE
DocGo (DCGO) Announces Redemption of Warrants
DocGo (NASDAQ:DCGO), which combined with Motion in November 2021, announced that it will redeem all of its outstanding warrants at 5 pm ET September 16 at a redemption price of $0.10 per warrant. ...READ MORE