Archives: Spacs

Spacs Information Page

PROOF Acquisition Corp I *

Nov 12, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Volato

ENTERPRISE VALUE: $261.1 million
ANTICIPATED SYMBOL: SOAR

PROOF Acquisition Corp I proposes to combine with Volato.

Volato is a private aviation company offering innovative solutions for luxury jet travel. ...READ MORE

UTA Acquisition Corporation

Nov 10, 2021 by sam.beattie

LIQUIDATION – 9/1/23 – LINK

  • The Company anticipates the last day of trading in the Class A ordinary shares will be September 15, 2023.
    • The per-share redemption price will be approximately $10.67

MANAGEMENT & BOARD


Executive Officers

Clinton Foy, 49
Co-Chief Executive Officer and Director

Clinton Foy is General Partner of Venture Capital at UTA and has been in this role since April 2021.

...READ MORE

Roth CH Acquisition V Co. *

Nov 9, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: New Era Helium Corp.

ENTERPRISE VALUE: $130.5 million
ANTICIPATED SYMBOL: tbd

Roth CH Acquisition V Co. proposes to combine with New Era Helium Corp.

NEH is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America. ...READ MORE

Blue Ocean Acquisition Corp

Nov 9, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: TNL Mediagene

ENTERPRISE VALUE: $290 million
ANTICIPATED SYMBOL: TBD

Blue Ocean Acquisition Corp (Nasdaq: BOCN) entered into a definitive combination agreement with TNL Mediagene

TNL Mediagene, a Cayman Islands-registered company, is the product of the May 2023 merger of Taiwan’s The News Lens Co. ...READ MORE

Europa Growth Acquisition Company

Nov 5, 2021 by Anthony Sozzi

MANAGEMENT & BOARD


Executive Officers

Michal Krupinski, 40
Chief Executive Officer and Director

Mr. Krupinski, 40, is a Polish citizen and a Swiss resident. He was formerly Chief Executive Officer of Bank Pekao, Poland’s second largest commercial and investment bank, from 2017 until 2019.

...READ MORE

Legato Merger Corp. II

Nov 5, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Southland Holdings, LLC

ENTERPRISE VALUE: $829 million
ANTICIPATED SYMBOL: tbd

Legato Merger Corp. II proposes to combine with Southland Holdings, LLC, a leading provider of specialized infrastructure construction services across North America including bridges, tunneling, transportation and facilities, marine, hydroelectric structures, water and sewer treatment, and water pipeline end markets. ...READ MORE

Vahanna Tech Edge Acquisition I Corp. *

Nov 4, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Roadzen, Inc.

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

Vahanna Tech Edge Acquisition I Corp. proposes to combine with Roadzen, Inc.

Roadzen is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. ...READ MORE

Integrated Wellness Acquisition Corp *

Nov 3, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Btab Ecommerce Holdings, Inc

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: TBD

Integrated Wellness Acquisition Corp proposes to combine with Btab Ecommerce Holdings, Inc.

Btab Ecommerce Group (OTC: BBTT) is an e-commerce company that operates through its network in Australia, Asia, United States and United Kingdom. ...READ MORE

ALSP Orchid Acquisition Corporation I *

Nov 3, 2021 by Anthony Sozzi

LIQUIDATION – 11/9/23 – LINK

  • The last trading day will be November 14, 2023.
    • The estimated redemption price will be $10.86.

EXTENSION – 2/23/23 – LINK

  • The SPAC approved the extension from February 23, 2023 to August 23, 2023
    • 15,253,673 shares were redeemed for approximately $10.33/Share
    • No contribution will be made into the trust account.
...READ MORE

Infinite Acquisition Corp. *

Nov 3, 2021 by sam.beattie

LIQUIDATION – 10/23/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be October 23, 2023.
    • The per-share redemption price will be approximately $10.78

EXTENSION – 8/23/23 – LINK

  • The SPAC approved the extension from August 23, 2023 to November 23, 2024.
...READ MORE

Jupiter Wellness Acquisition Corp. *

Nov 1, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Chijet Motor Company, Inc.

ENTERPRISE VALUE: $1.6 billion
ANTICIPATED SYMBOL: tbd

Jupiter Wellness Acquisition Corp. proposes to combine with Chijet Motor Company, Inc., a company developing next-generation electric vehicles and expanding its manufacturing capabilities. ...READ MORE

Pomelo Acquisition Corporation Limited

Nov 1, 2021 by sam.beattie

MANAGEMENT & BOARD


Executive Officers

Kiyohiro Kawayanagi, 53
Chief Executive Officer and Chairman of the Board

Mr. Kiyohiro Kawayanagi has been a founding partner of Bit World Japan Investment Limited, a Japanese investment firm, focusing on the telecommunications, media & technology area, since its inception in March 2018.

...READ MORE

Arisz Acquisition Corp. *

Nov 1, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: BitFuFu

ENTERPRISE VALUE: $1.510 billion
ANTICIPATED SYMBOL: FUFU

Arisz Acquisition Corp. proposes to combine with BitFuFu, a fast-growing digital asset mining service and world-leading cloud-mining service provider.

BitFuFu is a fast-growing company in the crypto-mining industry and is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure by providing a variety of stable and intelligent hashrate service solutions. ...READ MORE

Seaport Global Acquisition II Corp. *

Nov 1, 2021 by sam.beattie

LIQUIDATION – 11/21/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares was not mentioned at this time, but the SPAC has until 12/19 to complete a business combination
    • The per-share redemption price will be approximately $10.78

The below-announced combination was terminated on 11/21/23. 

...READ MORE

AIB Acquisition Corporation *

Oct 29, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: PS International Group Ltd

ENTERPRISE VALUE: $XYZ million
ANTICIPATED SYMBOL: XYZ

AIB Acquisition Corporation proposes to combine with PS International Group Ltd.

PSI, established in 1993 and headquartered in Hong Kong, is a well-known air freight forwarding specialist offering global logistics and supply chain services. ...READ MORE