Archives: Spacs

Spacs Information Page

Endurance Acquisition Corp.

Aug 27, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: SatixFy

ENTERPRISE VALUE: $184 million
ANTICIPATED SYMBOL: TBD

Endurance Acquisition Corp. proposes to combine with SatixFy, a vertically integrated fabless semiconductor chip company providing products based on in-house developed chips across the entire satellite communications value chain. ...READ MORE

First Light Acquisition Group, Inc. *

Aug 24, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Calidi Biotherapeutics

ENTERPRISE VALUE: $335 million
ANTICIPATED SYMBOL: CLDI

First Light Acquisition Group, Inc. proposes to combine with Calidi Biotherapeutics.

Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology that is revolutionizing the effective delivery and potentiation of oncolytic viruses for targeted therapy against difficult-to-treat cancers. ...READ MORE

Kairous Acquisition Corp. Limited *

Aug 24, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: NR Instant Produce Public Company Limited

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: TBD

Kairous Acquisition Corp. Limited entered into a business combination agreement with NR Instant Produce Public Company Limited

  • NR Instant Produce Public Company Limited.
...READ MORE

Direct Selling Acquisition Corp. *

Aug 23, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Hunch Technologies Limited

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: HNCH

Direct Selling Acquisition Corp. proposes to combine with Hunch Technologies Limited.

Hunch Mobility is an urban air mobility (“UAM”) platform dedicated to providing “by-the-seat” short-distance air mobility services in India. ...READ MORE

Broad Capital Acquisition Corp *

Aug 19, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: OMGL Holdings Ltd

ENTERPRISE VALUE: $90 million
ANTICIPATED SYMBOL: OMGL

Broad Capital Acquisition Corp proposes to combine with OMGL Holdings Ltd.

Openmarkets is a group of API-led market infrastructure fintech companies that provides a suite of technologies as well as access to Australian and international equities markets to B2B clients, including fintechs, trading platforms and investment professionals. ...READ MORE

Accretion Acquisition Corp. *

Aug 19, 2021 by sam.beattie

LIQUIDATION – 12/19/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be December 22, 2023.
    • The per-share redemption price was not mentioned

LETTER OF INTENT – 10/5/23 – LINK

  • The SPAC entered into a non-binding Letter of Intent with New Era Helium Corp.
...READ MORE

Future Health ESG Corp.

Aug 19, 2021 by Anthony Sozzi

SUBSEQUENT EVENT – 11/9/22 – LINK

  • In exchange for voting “FOR” the Charter Amendment Proposal and NOT electing to redeem shares at this time, the holder of each non-redeemed share shall receive a warrant for the purchase of one share of the Company’s common stock at an exercise price of $10.00 at any time prior to December 31, 2028 (the “Non-redemption Warrants”).
...READ MORE

Future Health ESG Corp. *

Aug 19, 2021 by Anthony Sozzi

SUBSEQUENT EVENT – 3/27/24 – LINK

  • The Sponsor handover with Bluefire Capital Limited has been completed.

Fee Modification Agreement

  • On March 25, 2024, the Company amended its agreement with BTIG, LLC, canceling the advisory fee for a future business combination in favor of giving BTIG 50,000 shares of the new public entity’s common equity upon the business combination’s closure.
...READ MORE

BurTech Acquisition Corp. *

Aug 19, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Blaize, Inc.

ENTERPRISE VALUE: $1.199 Billion
ANTICIPATED SYMBOL: TBD

BurTech Acquisition Corp. entered into a definitive agreement with Blaize, Inc.

  • Blaize is a provider of full-stack, AI-enabled computing solutions across diverse and expanding markets, encompassing automotive, mobility, retail, security, industrial automation, healthcare and others that represent a collective total addressable market in excess of $70 billion.
...READ MORE

WinVest Acquisition Corp. *

Aug 19, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Xtribe Holdings Limited

ENTERPRISE VALUE: $147 million
ANTICIPATED SYMBOL: TBD

WinVest Acquisition Corp. proposes to combine with Xtribe Holdings Limited.

Xtribe’s platform is designed to enable individuals and businesses to easily trade goods and services either online or in-person by creating a virtual marketplace where users can discover, buy, and sell a wide range of products. ...READ MORE

Phoenix Acquisition Limited

Aug 13, 2021 by sam.beattie

MANAGEMENT & BOARD


Executive Officers

Mr. Wayne Christopher Farmer, 53
Chief Executive Officer. Director and Chairman

Since January 2017, Mr. Farmer has been a senior advisor of Cobalt Equity Partners (“Cobalt”), a Hong Kong-based industrial-focused private equity firm.

...READ MORE

Insight Acquisition Corp. *

Aug 11, 2021 by sam.beattie

PROPOSED BUSINESS COMBINATION: Alpha Modus, Corp.

ENTERPRISE VALUE: $175 million
ANTICIPATED SYMBOL: TBD

Insight Acquisition Corp. entered into a business combination agreement with Alpha Modus, Corp.

  • Alpha Modus Corp. offers technology as a service.
...READ MORE

Canna-Global Acquisition Corp *

Aug 9, 2021 by sam.beattie

LETTER OF INTENT – 7/15/24 – LINK

  • The SPAC announced the signing of a letter of intent to acquire 100% of the outstanding equity of Invest Inc.

SUBSEQUENT EVENT – 7/9/24 – LINK

  • Liqueous LP clarified any false or misleading details from recent press releases and SEC Filings.
...READ MORE

Banyan Acquisition Corporation *

Aug 6, 2021 by Anthony Sozzi

PROPOSED BUSINESS COMBINATION: Pinstripes, Inc.

ENTERPRISE VALUE: $521 million
ANTICIPATED SYMBOL: PNST

Banyan Acquisition Corp. entered into a business combination agreement with Pinstripes, Inc.

  • Pinstripes, Inc. is a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space.
...READ MORE