Podcast: Complete Solaria CEO Will Anderson and Freedom I CEO Adam Gishen
Visions of a self-sufficient energy future with solar panels on every household roof have been around for decades. But, it may take companies able to bring the full package of design, construction and financing to get more homeowners on board. ...READ MORE
Podcast: Newsight Imaging Co-Founder, CEO & Chairman, Eli Assoolin
The chip shortage has been a serious headwind to many tech companies, but what has it been like for the chip makers themselves?
This week we speak with Eli Assoolin, Co-founder CEO and Chairman of Newsight Imaging. ...READ MORE
Anzu Special Acquisition Corp. I (ANZU) Engages Insurance Agent to Cover 1% Excise Tax
In the ongoing 1% excise tax battle, Anzu Special Acquisition Corp I (Nasdaq: ANZU) dropped a supplement to its extension vote proxy this morning. Anzu is holding its previously adjourned extension vote at 9:30AM (ET) today to extend its completion deadline six months from March 4, 2023 up to September 4, 2023. ...READ MORE
Distoken Acquisition Corp (DISTU) Prices $60M IPO
Distoken Acquisition Corporation. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DISTU” Wednesday, February 15, 2023.
The new SPAC intends to focus on opportunities in the technology industry that have their primary operations located in Asia. ...READ MORE
Podcast: Wejo’s CEO Richard Barlow and TKB Critical Technologies 1 Co-CEO & CFO Angela Blatteis
Why stop at one SPAC deal when you can do two SPAC deals? This week we speak with Wejo (NASDAQ:WEJO) CEO Richard Barlow.
Wejo announced a business combination with TKB Critical Technologies 1 (NASDAQ:USCT) in January, about 15 months after it closed an earlier combination with Virtuoso Acquisition Corp. ...READ MORE
Investors and Sponsors Still Facing Off Regarding Excise Tax
Just when you think the excise-tax issue might be getting close to being resolved… and then a new log gets thrown onto the fire.
In the ongoing discussion of the 1% excise tax issue, there seemed to be some consensus being built among investors and teams that it was verboten to ask investors to pay for it. ...READ MORE
SPACs Reducing Redemption Values Due to Excise Tax Are in the Crosshairs
The grumblings are getting louder…
The 1% excise tax on share buybacks is still causing ripple effects throughout the SPAC ecosystem. It’s a game of whack-a-mole where the issue never goes away, or like a SPAC virus that keeps spawning variants. ...READ MORE
Podcast: Tempo Automation President & CEO Joy Weiss and Chairman Behrooz Abdi
Electronics manufacturing is a huge sector, but it’s also fragmented, particularly at the early stages of a new product’s lifecycle.
With its SPAC deal, Tempo Automation (NASDAQ:TMPO) is hoping to change that. ...READ MORE
Podcast: LanzaTech CEO Dr. Jennifer Holmgren
Carbon capture technology has long been talked about, and it is finally in operation with LanzaTech among the pioneers. Its plants are turning potential emissions into clothing, household goods and sustainable fuels. ...READ MORE
Podcast: Brandon Mintz, CEO of Bitcoin Depot & Gus Garcia, from GSR II Meteora
It has been a bumpy year for crypto, but what if there was a way to invest in the space while dodging the volatility?
Bitcoin Depot hopes to be that stock and announced a $755 million dollar combination with GSR II Meteora Acquisition Corp. ...READ MORE
Additional SPACs Want to Reduce Trust Value to Pay for Excise Tax Too
Anzu Special Acquisition Corp. I (Nasdaq: ANZU) filed their definitive proxy on Friday for their extension vote to be held on February 9th. What remained in the definitive proxy was their ability to remove earned interest from the trust account to pay for any excise tax due to redemptions. ...READ MORE
Armada Acquisition Corp. I (AACI) Risks Investor Ire by Reducing Trust Value
Armada Acquisition Corp. I (Nasdaq: AACI) filed a supplement to its extension proxy yesterday with some language that was sure to raise a few eyebrows in the SPAC investor community. Namely, that it wants the ability to remove earned interest from the trust account to pay for any excise tax due to redemptions. ...READ MORE
