Archives: Spacs

Spacs Information Page

Twelve Seas Investment Company IV TMT

Dec 6, 2021 by sam.beattie

MANAGEMENT & BOARD


Executive Officers

Joseph Euteneuer, 66
Chief Executive Officer and Vice Chairman Nominee

Mr. Euteneuer has over 37 years of experience as a financial executive and board member with a diversified history at publicly traded technology, telecom and cable corporations.

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Keyarch Acquisition Corporation *

Dec 3, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: ZOOZ Power Ltd

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: ZOOZ

Keyarch Acquisition Corporation proposes to combine with ZOOZ Power Ltd.

ZOOZ is a leading provider of Flywheel-based Power Boosting solutions for ultra-green, ultra-fast EV charging. ...READ MORE

USA Acquisition Corp.

Dec 3, 2021 by Anthony Sozzi

MANAGEMENT & BOARD


Executive Officers

W. Carter McClelland, 76
Chairman and Director

During his career, Mr. McClelland has helped manage some of Wall Street’s largest and most successful financial institutions. Mr. McClelland began his career at Morgan Stanley & Co.,

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DUET Acquisition Corp. *

Dec 3, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Fenix 360

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

DUET Acquisition Corp. proposes to combine with Fenix 360.

FENIX360 is a multi-genre social media platform designed to support independent artists and creatives in monetizing their work more effectively. ...READ MORE

Welsbach Technology Metals Acquisition Corp. *

Dec 2, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Evolution Metals and Technologies

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: TBD

Welsbach Technology Metals Acquisition Corp. proposes to combine with Evolution Metals and Technologies.

EM LLC is a refining, techonology and specialty chemicals company committed to establishing a secure, reliable global supply chain for critical minerals and materials. ...READ MORE

Atlantic Coastal Acquisition Corp. II *

Dec 2, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Abpro Corporation

ENTERPRISE VALUE: $496.3 million
ANTICIPATED SYMBOL: TBD

Atlantic Coastal Acquisition Corp. II entered into a definitive business combination with Abpro Corporation

  • Abpro Corporation is a biotechnology company located in Woburn, Massachusetts.
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AP Acquisition Corp *

Dec 1, 2021 by Anthony Sozzi

LIQUIDATION – 6/17/24 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be June 21, 2024.
    • The per-share redemption price will be approximately $11.48

The below-announced combination was terminated on 6/17/24. 

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Pershing Square SPARC Holdings, Ltd.

Nov 26, 2021 by sam.beattie

SUBSEQUENT EVENT – 10/31/23 – LINK

  • Accordingly, the Company announced on October 31, 2023, that it had distributed 60,971,015 SPARs.

ABOUT THE TRANSACTION – LINK

  • Ackman’s Pershing Square SPARC Holdings Files Revised S-1 (6/17/22)
    • Intel by Kristi Marvin

ABOUT THE TRANSACTION – LINK

  • Ackman’s Pershing Square SPARC Holdings Files S-1 (11/26/2021)
    • Intel by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

William A.

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Southport Acquisition Corporation *

Nov 24, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Angel Studios

ENTERPRISE VALUE: $1.56 billion
ANTICIPATED SYMBOL: AGSD

Southport Acquisition Corporation proposes to combine with Angel Studios.

Angel Studios is a community-driven, non-traditional, movie studio that seeks to empower audiences to decide which stories get produced and distributed, while creating communities around each project. ...READ MORE

Chenghe Acquisition I Co. *

Nov 24, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Femco Steel Technology Co., Ltd.

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: TBD

Chenghe Acquisition I Co. entered into a business combination agreement with Femco Steel Technology Co., Ltd.

  • FST is a Taiwan-based company mainly engaged in the research and development, production and sales of golf shafts.
...READ MORE

Virtuoso Acquisition Corp. 2

Nov 24, 2021 by Anthony Sozzi

MANAGEMENT & BOARD


Executive Officers

Jeffrey D. Warshaw, 57
Chief Executive Officer and Director

Starting at age 19, Mr. Warshaw has run a number of successful entities with a focus on creating strong market positions and exceptional management teams.

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Hainan Manaslu Acquisition Corp. *

Nov 24, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Able View Inc. 

EQUITY VALUE: $400 million
ANTICIPATED SYMBOL: tbd

Hainan Manaslu Acquisition Corp. proposes to combine with Able View Inc., a leading cross-border brand management company.

Able View, together with its affiliates, provides full-service brand management for global brands entering the China market. ...READ MORE

Ahren Acquisition Corp.

Nov 24, 2021 by sam.beattie

LIQUIDATION – 6/7/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be June 16, 2023.
    • The per-share redemption price was not mentioned

MANAGEMENT & BOARD


Executive Officers

Alice Newcombe-Ellis, 38
Chief Executive Officer and Director

Alice is the Founding and General Partner of Ahren, an investment firm affiliated with Ahren Acquisition Corp.

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Forbion European Acquisition Corp. *

Nov 23, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: enGene, Inc.

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

Forbion European Acquisition Corp. proposes to combine with enGene, Inc.

enGene is a clinical-stage biotechnology company developing non-viral gene therapies based on localized delivery of nucleic acid payloads to mucosal tissues. ...READ MORE