Genesis Growth Tech Acquisition Corp. (GGAA) to Combine with NextTrip Holdings
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Everest Consolidator (MNTN) to Combine with Unifund Financial Technologies in $238M Deal
Everest Consolidator Acquisition Corp. (NYSE:MNTN) has entered into a definitive agreement to combine with consumer debt servicer Unifund at an enterprise value of $238 million, or 4.5x its 2022 revenue.
Cincinnati-based Unifund acquires consumer debts from lenders and provides users means of paying them off over time. ...READ MORE
Minority Equality Opportunities Acquisition Inc. (MEOA) Pushes Extension Vote to May 23
Minority Equality Opportunities (NASDAQ:MEOA) announced this morning that it is postponing its special shareholder meeting from 10 am ET this morning to 2 pm ET tomorrow, May 23.
Shareholders at the meeting are to consider a proposal allowing the SPAC to extend its deadline three months from May 30 to August 30 in exchange for a $250,000 contribution to its trust. ...READ MORE
Beard Energy Transition (BRD) to Combine with Suntuity Renewables in $249M Deal
Beard Energy Transition (NYSE:BRD) has entered into a definitive agreement to combine with solar developer Suntuity at an enterprise value of $249 million.
Holmdel, New Jersey-based Suntuity installs residential solar projects in 25 states through both internal sales staff and channel partners. ...READ MORE
Granite Ridge Resources (GRNT) Calls All Outstanding Warrants
Granite Ridge Resources (NYSE:GRNT), which combined with Executive Network Partnering in October 2022, announced this morning that it has launched an offer to exchange all outstanding warrants into 0.25 shares each. ...READ MORE
Forbion European Acquisition Corp. (FRBN) to Combine with enGene
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Fintech Ecosystem Development Corp. (FEXD) Terminates Combination with Rana Financial
Fintech Ecosystem (NASDAQ:FEXD) announced in an 8-K this morning that it has terminated its business combination with financial services provider Rana.
The filing noted that the deal was terminated well before its September 12 outside date because Rana failed to provide audited financial statements to the other parties in a timely manner. ...READ MORE
Dune Acquisition Corporation (DUNE) to Combine with Global Hydrogen in $112M Deal
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Black Spade Acquisition Co (BSAQ) to Combine with VinFast in $27Bn Deal
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EG Acquisition Corp. (EGGF) Postpones Extension Vote
EG Acquisition Corp. (NYSE:EGGF) announced this morning that it is pushing its extension vote from today to 12 pm ET May 19 to give it more time to engage with shareholders. ...READ MORE
Chain Bridge I (CBRG) Investors Complete Non-Redemption Purchases
Chain Bridge I (NASDAQ:CBRG) announced this morning that third-party investors had completed the purchase of 175,000 shares on the open market as a part of non-redemption agreements the SPAC has arranged. ...READ MORE
Evergreen Corporation (EVGR) Cancels Vote, Will Auto-Extend
Evergreen (NASDAQ:EVGR) announced this morning that it was canceling a special meeting to be held 11 am ET today to extend its deadline and will instead use its ability to automatically extend this date by three months. ...READ MORE
OmniLit Acquisition Corp. (OLIT) to Combine with Syntec Optics in $316M Deal
OmniLit Acquisition Corp. (NASDAQ:OLIT) has entered into a definitive agreement to combine with precision optics-maker Syntec for initial equity consideration of $316 million.
Rochester, New York-based Syntec provides lenses and other optical equipment to the defense, medical and consumer sectors. ...READ MORE
RMG Acquisition Corporation III (RMGC) to Combine with H2B2 Electrolysis Technologies
RMG III (NASDAQ:RMGC) announced in an 8-K this morning that it has entered into a merger agreement with hydrogen energy company H2B2 Electrolysis, but left few other details in the filing. ...READ MORE
Evergreen Corporation (EVGR) Adjourns Extension Vote
Evergreen (NASDAQ:EVGR) announced that it adjourned its extension vote this morning without conducting any business, but it will make another run at it tomorrow.
Proceedings will recommence at 11 am ET, May 10 and shareholders will have more time to change their votes. ...READ MORE
Aura FAT Projects Acquisition Corp (AFAR) to Combine with Allrites in $92M Deal
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AlTi Global (ALTI) Calls All Outstanding Warrants
AlTi Global (NASDAQ:ALTI), the wealth and asset manager that combined with Cartesian Growth in January, announced this morning that it has launched an offer to exchange all outstanding warrants for 0.25 Class A shares each. ...READ MORE
Corner Growth Acquisition Corp. (COOL) to Combine with Noventiq in $800M Deal
Corner Growth Acquisition Corp. (NASDAQ:COOL) has entered into a definitive agreement to combine with software firm Noventiq (LSE:NVIQ) at an enterprise value of $800 million, or 0.4x its FY2021 revenue.
The London-based company helps companies lead internal digital transformations to drive efficiencies in their IT, cloud storage and cybersecurity systems. ...READ MORE
OceanTech Acquisitions I Corp. (OTEC) to Combine with Regentis Biomaterials in $95M Deal
OceanTech I (NASDAQA:OTEC) has entered into a definitive agreement to combine with regenerative medicine company Regentis at a $95 million valuation.
Or-Akiva, Israel-based Regentis has been working to commercialize its GelrinC orthopedic therapy to repair cartilage damage in knees and has already received a CE mark in Europe as a medical device. ...READ MORE
Compute Health Acquisition Corp. (CPUH) Tweaks Allurion Deal
Compute Health (NYSE:CPUH) announced in an 8-K this morning that it has made a number of amendments to its business combination with Allurion, shifting its financing arrangements.
The bulk of the new financing changes affect the $16.75 million in convertible bridge notes that Allurion issued in February with Hunter Ventures Limited taking on $13 million of these. ...READ MORE