Investments in Recent Mining De-SPACs Hold Them Above Broader Sector Gloom
Sagging commodity prices for metals has been bad news for the five metals miners that completed SPAC deals in over the past three years and potentially a complicating development for the four announced deals still pending close. ...READ MORE
Morning Roundup: October 27, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Another day has brought another SPAC EV deal (more on that to come), which is a sound these days as customary as church bells on Sunday. ...READ MORE
Morning Roundup: October 26, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Few companies have a better finger to the pulse of consumer spending than payments and card companies. ...READ MORE
Fortune Rise Acquisition Corp. (FRLA) to Combine with Water On Demand in $72M Deal
Fortune Rise (NASDAQ:FRLA) has entered into a definitive agreement to combine with Water On Demand at a pro forma equity value of $72 million.
Clearwater, Florida-based Water On Demand provides water treatment services and is developing a unique royalty-based platform it intends to launch as an investment vehicle. ...READ MORE
Morning Roundup: October 25, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
This morning brings news that a fresh airline SPAC deal may be brewing, following on the announcement of the first of its type between FlyBondi and Integral 1 (NASDAQ:INTE) last Friday. ...READ MORE
TenX Keane Acquisition (TENK) to Combine with Citius Oncology for $675M in Equity
TenX Keane (NASDAQ:TENK) has entered into a definitive agreement with Citius Oncology with its parent company Citius Pharma receiving $675 million in equity consideration.
Cranford, New Jersey-based Citius Oncology is developing a leukemia drug that is nearing approval and could see the market by late 2024. ...READ MORE
Morning Roundup: October 24, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
There are increasing signs that the capital markets and dealmaking are returning to normalcy, but there is still plenty of time for fits and starts before the end of the year. ...READ MORE
Flight De-SPACs Soar Above Space De-SPACs as Winds Change
SPACs have shot for the stars in multiple ways, but lately they have fared better when staying within the Earth’s atmosphere.
Twelve space ventures have gone public through SPACs since March 2021, demonstrating a firm link between the two industries. ...READ MORE
Morning Roundup: October 23, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Car ownership has long been considered a part of the American Dream, but it’s a slice of that goal that is getting more expensive even faster that housing. ...READ MORE
Integral Acquisition Corporation 1 (INTE) to Combine with Flybondi
Integral Acquisition Corporation 1 (NASDAQ:INTE) has entered into a definitive agreement to combine with Argentine airline Flybondi under so far undisclosed terms.
Buenos Aires-based Flybondi flies to 17 destinations in Argentina and three in Brazil, holding a roughly 20% share of Argentina’s domestic air travel market. ...READ MORE
Morning Roundup: October 20, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
President Joe Biden took to the airwaves last night to assert a message of American leadership over growing crises abroad. ...READ MORE
Perception Capital Corp. II (PCCT) Completes Spectaire Deal
Perception Capital Corp. II (NASDAQ:PCCT) announced this afternoon that it has closed its combination with Spectaire and the emissions equipment-maker’s shares and warrants will begin trading on the Nasdaq October 20 under the symbols “SPEC” and “SPECW”. ...READ MORE
Morning Roundup: October 19, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
While crypto trading has proliferated in popularity in recent years, the state of New York has been one lucrative part of the map that crypto exchanges have had some limitations on due to regulatory structures. ...READ MORE
RF Acquisition Corp (RFAC) to Combine with GCL Asia in $1.2Bn Deal
RF Acquisition Corp (NASDAQ:RFAC) has entered into a definitive agreement to combine with video game company GCL Asia at an equity valuation of $1.2 billion.
Singapore-based GCL produces and distributes video games through four subsidiaries spread across seven countries. ...READ MORE
Morning Roundup: October 18, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
“The show must go on!” ...READ MORE
Morning Roundup: October 17, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
After largely positive Monday for US markets, futures are back in the red as traders anticipate the drop of the September 2023 Advance Monthly Retail report at 8:30 am ET. ...READ MORE
Non-EV Car De-SPACs Prove Automotive to Be Tough for SPACs, IPOs Alike
So many EV companies went public through SPACs during the recent boom times that the electrification of consumer vehicles was briefly synonymous with SPACs a financial vehicle. As such, the market opinion of both appears to have risen and fallen together. ...READ MORE
