Inflection Point Acquisition Corp. (IPAX) Closes Intuitive Machines Deal
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced this morning that it has landed its combination with Intuitive Machines to close following a shareholder vote at its special meeting on February 8.
The combined company’s shares and warrants are expected to trade on Nasdaq under the ticker symbols “LUNR” and “LUNRW,” respectively, on February 14. ...READ MORE
Maxpro Capital Acquisition Corp. (JMAC) Adds PIPE to Apollomics Deal
Maxpro Capital (NASDAQ:JMAC) announced in an 8-K this morning that it has entered into a PIPE agreements adding $23.65 million to its combination with drug developer Apollomics.
Of these, $21.35 million was raised at $10 per share as “Series A preferred shares”. ...READ MORE
Inflection Point Acquisition Corp. (IPAX) Adds FPAs to Intuitive Machines Deal
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced in an 8-K filing this morning that it has added forward purchase agreements (FPAs) to backstop shares following the vote to complete its combination with aerospace hardware-maker Intuitive Machines. ...READ MORE
AMCI Acquisition Corp. II (AMCI) Closes LanzaTech Deal
AMCI Acquisition Corp. II (NASDAQ:AMCI) announced this morning that it has closed its combination with carbon capture technology company LanzaTech.
The combined company’s shares are expected to begin trading on the Nasdaq on February 10 under the symbol “LNZA” and its warrants as “LNZAW”. ...READ MORE
Pathfinder Acquisition Corp. (PFDR) Shareholders Approve Movella Deal
Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced in an 8-K filing that its shareholders approved its combination with motion-capture technology company Movella at a special meeting February 8.
A total of 28,961,090 shares were redeemed in connection with the vote however, removing 89.1% of the SPACs trust and leaving $36.2 million remaining. ...READ MORE
New Vista Acquisition Corp. (NVSA) Postpones Extension Vote
New Vista Acquisition Corp. (NASDAQ:NVSA) announced this morning that it is postponing its special meeting to extend its completion deadline from February 10 to 10 am ET February 15.
The SPAC’s sponsor will also now deposit $200,000 into the trust for each monthly extension up to $2.4 million if the full 12 months are required, bringing its new deadline to February 19, 2024. ...READ MORE
Seaport Global Acquisition II Corp. (SGII) Inks Additional Non-Redemption Agreements
Seaport Global Acquisition II Corp. (NASDAQ:SGII) announced in an 8-K this morning that it has signed non-redemption agreements with investors representing 1,581,138 shares ahead of its February 13 special meeting to extend its transaction deadline. ...READ MORE
LF Capital Acquisition Corp. II (LFAC) Moves Redemption Deadline for Extension
LF Capital Acquisition Corp. II (NASDAQ:LFAC) has changed the redemption deadline in connection with its upcoming extension vote from February 15 to February 17.
The SPAC has not yet announced a change to the February 15 special meeting date. ...READ MORE
AMCI Acquisition Corp. II (AMCI) Adds PIPE as Shareholders Approve LanzaTech Deal
AMCI Acquisition Corp. II (NASDAQ:AMCI) announced that it has added a $5 million PIPE at $10 per share to its combination with carbon capture firm LanzaTech and its shareholders approved the transaction at a special meeting February 6. ...READ MORE
Priveterra Acquisition Corporation (PMGM) Postpones Extension Vote Again
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced in an 8-K this morning that it has rescheduled its extension vote for a second time, now set for noon, February 10.
The SPAC is also now seeking pulling back the final length of the extension from September 11 to August 11. ...READ MORE
AMCI Acquisition Corp. II (AMCI) Adds FPA to LanzaTech Deal
AMCI Acquisition Corp. II (NASDAQ:AMCI) announced in an 8-K this morning that it has signed a new forward purchase agreement (FPA) covering up to two-thirds of its outstanding public shares.
The agreement comes in the form of an over-the-counter equity prepaid forward transaction, under which the investor, ACM ARRT H, will purchase up to 10,000,000 shares previously tendered for redemption before close. ...READ MORE
Viveon Health Acquisition Corp. (VHAQ) Unilaterally Terminates Suneva Deal
Viveon Health (NYSE:VHAQ) announced this morning that it is unilaterally terminating its combination with Suneva Medical “based upon material breaches” of the merger agreement.
The SPAC did not elaborate further on its claims against Suneva, but noted it will continue on and seek a new business combination. ...READ MORE
FAST Acquisition II (FZT) Re-Strikes Falcon’s Beyond Deal
FAST II (NYSE:FZT) announced this morning that it has amended its combination with resort operator Falcon’s Beyond, shifting more value from both sides into earn-outs.
The deal’s $1 billion enterprise value technically remains, but Falcon’s Beyond shareholders will receive less equity at close. ...READ MORE
Ackman Files New Revised S-1 for SPARC
Bill Ackman is still tinkering with his SPARCs.
In a new S-1/a filed this morning, the Pershing Square founder provided an update to his proposed model that is “not a SPAC”, but that would do some SPAC-like things. ...READ MORE
