Where Are They Now? – DraftKings
In this series we’ll be examining successful SPAC deals from the past both in the terms and circumstances of their de-SPAC processes and how they have weathered the storms that have followed after their public listings with research from SPACInsider contributors Anthony Sozzi and Sam Beattie. ...READ MORE
Digital World (DWAC) Adjourns Extension Vote Sixth Time to November 22
Digital World (NASDAQ:DWAC) has postponed its shareholder vote to extend its transaction deadline for a sixth time, this time to November 22.
Although the SPAC has not yet formally announced the move, Bloomberg reported that it was explained during Digital World’s special meeting earlier this morning. ...READ MORE
Flame Acquisition Corp. (FLME) to Combine with Sable Offshore in $883M Deal
Flame Acquisition Corp. (NYSE:FLME) has entered into a definitive agreement to combine with energy company Sable Offshore at an enterprise value of $883 million.
Sable Offshore is set to purchase the Santa Ynez Unit (SYU) offshore oil field and its associated onshore facilities off the coast of California. ...READ MORE
Top 3 SPAC Targets – Southeast Asia
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in South and Southeast Asia. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Ignyte Acquisition Corp. (IGNY) Shareholders Approve Peak Bio Deal
Ignyte Acquisition Corp. (NASDAQ:IGNY) announced this morning that its shareholders approved its combination with biopharmaceutical firm Peak Bio at a special meeting on October 25.
The press release did not divulge redemption figures, but noted that the vote received roughly 75% turnout and 75% approval. ...READ MORE
Cartesian Growth Corp (GLBL) Adds Bonus Pool to Alvarium Tiedemann Deal
Cartesian Growth Corporation (NASDAQ:GLBL) announced in an 8-K this morning that it has made a fourth amendment to its combination with wealth management firms Alvarium and Tiedemann, this time providing bonus shares to non-redeeming shareholders. ...READ MORE
Endurance Acquisition Corp. (EDNC) Adds Funding to Satixfy Deal Ahead of Vote
Endurance Acquisition Corp. (NASDAQ:EDNC) announced in an 8-K this morning that it has added additional financing to its combination with satellite company Satixfy ahead of its completion vote October 25.
The new funds come in the form of a prepaid forward transaction wherein the investor will purchase up to 10,000,000 shares. ...READ MORE