Greencity Acquisition Corporation (GRCY) Announces LOI with Bopai
Greencity Acquisition Corporation (NASDAQ:GRCY) announced this morning that it has signed a non-binding letter of intent with Bopai Construction Technology and plans to enter into a definitive agreement to combine after a period of due diligence. ...READ MORE
Bannix Acquisition Corp. (BNIX) Signs $543M LOI with EVIE Autonomous
Bannix Acquisition Corp. (NASDAQ:BNIX) announced this morning that it has entered into a binding letter of intent to combine with autonomous vehicle company EVIE at a proposed enterprise value of $542.5 million. ...READ MORE
Metals Acquisition Corp. (MTAL) Announces $114M PIPE for CSA Copper Mine Deal
Metals Acquisition Corp. (NYSE:MTAL) has continued to add to the committed financing for its combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this morning that it has executed $112 million in outside PIPE agreements. ...READ MORE
Kensington Capital Acquisition Corp. V (KCGI) to Combine with Arrival in $524M Deal
Kensington V (NYSE:KCGI) has entered into a definitive agreement to combine with EV-maker Arrival (NASDAQ:ARVL) at an enterprise value of $524 million.
Luxembourg-based Arrival manufactures EV cargo delivery vehicles using proprietary micro-factory manufacturing processes. ...READ MORE
CIIG Capital Partners II Inc. (CIIG) to Adjourn Completion Vote
CIIG Capital Partners II (NASDAQ:CIIG) announced this morning that it intends to adjourn its April 12 special meeting to approve its combination with EV motorcycle company Zapp to Friday, April 14 at 10 am ET. ...READ MORE
Maxpro Capital Acquisition Corp. (JMAC) Closes Apollomics Deal
Maxpro Capital (NASDAQ:JMAC) announced that it has closed its combination with clinical-stage biotech firm Apollomics and the combined company’s shares and warrants are to begin trading today on the Nasdaq under the symbols “APLM” and “APLMW”, respectively. ...READ MORE
Aquaron Acquisiton Corp. (AQU) to Combine with Bestpath IoT in $1.2Bn Deal
Aquaron Acquisition Corp. (NASDAQ:AQU) has entered into a definitive agreement to combine with hydrogen energy company Bestpath at an initial equity value of $1.2 billion.
Shanghai-based Bestpath has developed technology for hydrogen fuel cell-powered heavy trucks and the refilling stations that would supply them. ...READ MORE
Berkshire Grey (BGRY) to Be Acquired by SoftBank at $1.40 Per Share
Manufacturing technology company Berkshire Grey (NASDAQ:BGRY), which closed a combination with Revolution Acceleration in July 2021, announced over the weekend that it is being acquired by SoftBank in a take-private transaction priced at $1.40 per share. ...READ MORE
DiamondHead Holdings Corp. (DHHC) Shareholders Approve Great Southern Homes Deal
DiamondHead Holdings Corp. (NASDAQ:DHHC) announced in an 8-K this morning that its shareholders approved its combination with Great Southern Homes at a special meeting March 23.
Only 109,426 shares were redeemed in the connection with the vote, but DiamondHead has seen about 87% redemptions in total across all previous votes, leaving it with about $43.9 million in its trust. ...READ MORE
Graf Acquisition Corp. IV (GFOR) Announces LOI with NKGen Biotech
Graf Acquisition Corp. IV (NYSE:GFOR) announced that it has signed a non-binding letter of intent to combine with clinical-stage biopharma company NKGen.
This announcement is not a pure teaser as Graf IV is not facing an imminent extension vote and currently has until May 25 on its clock. ...READ MORE
