Archives: Spacs

Spacs Information Page

FTAC Emerald Acquisition Corp. *

Nov 22, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Fold

ENTERPRISE VALUE: $356 million
ANTICIPATED SYMBOL: tbd

FTAC Emerald Acquisition Corp. proposes to combine with Fold.

Founded in 2019, Fold is a leading bitcoin financial services company dedicated to expanding access to bitcoin investment opportunities through premium financial products. ...READ MORE

C5 Acquisition Corporation *

Nov 19, 2021 by Anthony Sozzi

LIQUIDATION – 10/10/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be October 24, 2023.
    • The per-share redemption price will be approximately $10.70

EXTENSION – 4/6/23 – LINK

  • The SPAC approved the extension from April 11, 2023 to December 31, 2023
    • 19,455,692 shares were redeemed.
...READ MORE

Genesis Growth Tech Acquisition Corp. *

Nov 19, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: MindMaze

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

Genesis Growth Tech Acquisition Corp. proposes to combine with MindMaze.

MindMaze develops digital neurotherapeutics, focusing on medical-grade software, interactive content, and proprietary peripherals for therapy and assessment. ...READ MORE

APx Acquisition Corp. I *

Nov 19, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: OmnigenicsAI Corp

ENTERPRISE VALUE: $340 million
ANTICIPATED SYMBOL: OMNI

APx Acquisition Corp. I proposes to combine with OmnigenicsAI Corp.

OmnigenicsAI, formerly Heritas, is a precision medicine company with nine years of experience operating in Latin America through two innovative business divisions dedicated to enhancing healthcare through proprietary genetic tests and services. ...READ MORE

Globalink Investment Inc. *

Nov 19, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Alps Global Holding Berhad

ENTERPRISE VALUE: $1.6 billion
ANTICIPATED SYMBOL: TBD

Globalink Investment Inc. entered into a definitive merger agreement with Alps Global Holding Berhad

  • Alps Global Holding Berhad is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalized medicine using cutting-edge technologies such as genomics DNA, mRNA, and cellular therapy, to pave the way for the next key phase in healthcare.
...READ MORE

Clean Earth Acquisitions Corp. *

Nov 19, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Alternus Energy Group Plc

ENTERPRISE VALUE: $717 million
ANTICIPATED SYMBOL: tbd

Clean Earth Acquisitions Corp. proposes to combine with Alternus Energy Group Plc, an international vertically integrated independent power producer (IPP). ...READ MORE

Healthcare AI Acquisition Corp. *

Nov 19, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Leading Group Limited

ENTERPRISE VALUE: $531 million
ANTICIPATED SYMBOL: tbd

Healthcare AI Acquisition Corp. proposes to combine with Leading Group Limited.

LEADING is an insurance channel specialist operating in the China insurance services segment. ...READ MORE

Power & Digital Infrastructure Acquisition II Corp. *

Nov 18, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Montana Technologies LLC

ENTERPRISE VALUE: $500 million
ANTICIPATED SYMBOL: TBD

Power & Digital Infrastructure Acquisition II Corp (“XPDB”) entered into a business combination agreement with Montana Technologies LLC

Montana Technologies is an atmospheric energy and water harvesting technology company that provides efficient and sustainable air conditioning and pure water from air through its transformational AirJoule™ technology. ...READ MORE

Bullpen Parlay Acquisition Company

Nov 17, 2021 by sam.beattie

LIQUIDATION – 6/2/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be June 7, 2023.
    • The per-share redemption price was not mentioned

MANAGEMENT & BOARD


Executive Officers

Paul Martino, 46
Executive Chairman

Mr.

...READ MORE

Nubia Brand International Corp. *

Nov 16, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Honeycomb Battery Company

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

Nubia Brand International Corp. proposes to combine with Honeycomb Battery Company.

Honeycomb Battery Co., formerly the energy solutions division of Global Graphene Group, Inc. ...READ MORE

Cartica Acquisition Corp *

Nov 16, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Nidar Infrastructure Limited

ENTERPRISE VALUE: $4.2 billion
ANTICIPATED SYMBOL: TBD

Cartica Acquisition Corp proposes to combine with Nidar Infrastructure Limited.

  • Nidar is India’s leading data center provider for AI and high-performance compute.
...READ MORE

Motive Capital Corp II

Nov 15, 2021 by Anthony Sozzi

LIQUIDATION – 5/25/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be June 9, 2023.
    • The per-share redemption price will be approximately $10.50

MANAGEMENT & BOARD


Executive Officers

Rob Heyvaert, 57
Executive Chairman, Chief Executive Officer and Director

Mr. Heyvaert

...READ MORE

Sieger Healthcare Acquisition Corp

Nov 15, 2021 by sam.beattie

MANAGEMENT & BOARD


Executive Officers

Xuan Sun, 46
Chief Executive Officer and Chairman

Mr. Sun has 20 years of experience in healthcare-focused investments, investment banking and scientific research. Mr. Sun is currently an independent director of Bombax Healthcare Acquisition Corporation, a blank check company.

...READ MORE

ST Energy Transition I Ltd.

Nov 15, 2021 by sam.beattie

LIQUIDATION – 6/5/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be June 7, 2023.
    • The per-share redemption price will be approximately $10.48

MANAGEMENT & BOARD


Executive Officers

Gunnar Eliassen, 35
Chief Executive Officer

Gunnar Eliassen has been part of the Seatankers Group since January 2016 and currently serves as a Director of KLX Energy Services, Golden Close Maritime, Seadrill Ltd and NorAm Drilling Company AS.

...READ MORE

Crypto 1 Acquisition Corp

Nov 12, 2021 by sam.beattie

MANAGEMENT & BOARD


Executive Officers

Michael (Xu) Zhao, 38
Founder, Chief Executive Officer and Director

Mr. Zhao’s involvement with the crypto market began in 2016 when he first invested in Bitcoin, Ethereum, as well as other popular altcoin projects like Tron.

...READ MORE

Flag Ship Acquisition Corporation

Nov 12, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Great Rich Technologies Limited

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd 

Flag Ship Acquisition Corporation proposes to combine with Great Rich Technologies Limited.

Founded in 2012, GRT is a leader in the development and mass production of optoelectronic products. ...READ MORE