Archives: Spacs

Spacs Information Page

CM Life Sciences II Inc.

Feb 1, 2021 by Matt Cianci

PROPOSED BUSINESS COMBINATION: SomaLogic

ENTERPRISE VALUE: $1.234 billion
ANTICIPATED SYMBOL: SLGC

CM Life Sciences II Inc. proposes to combine with SomaLogic, a global leader in proteomics technology, powered by a proprietary platform, the largest clinical proteomic database and next generation artificial intelligence and machine learning. ...READ MORE

New Vista Acquisition Corp

Feb 1, 2021 by Matt Cianci

LETTER OF INTENT – 2/1/23 – LINK

  • The SPAC announced that it has entered into a nonbinding letter of intent for a business combination with Verijet Holding Company LLC
  • Verijet provides customers with private aviation services as the largest fleet operator of Cirrus Vision jets, operating 19 jets in the Northeast, Southeast and West Coast.
...READ MORE

Advanced Merger Partners, Inc.

Feb 1, 2021 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Roy J. Katzovicz, 47
Chief Executive Officer and Director

Mr. Katzvicz is the Founder and Chief Executive Officer of Saddle Point and serves as a portfolio manager and trader for the investment funds and certain accounts advised by the Saddle Point, which he founded in 2018.

...READ MORE

ABG Acquisition Corp. I

Feb 1, 2021 by Kristi Marvin

LIQUIDATION – 2/10/23 – LINK

  • The Company anticipates that the Public Shares will cease trading as of the close of business on February 17, 2023.
    • The per-share redemption price was not mentioned

MANAGEMENT & BOARD


Executive Officers

Fan (Frank) Yu, 51
Chief Executive Officer and Director

Mr. Yu

...READ MORE

Moringa Acquisition Corp *

Feb 1, 2021 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Silexion Ltd.

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: TBD

Moringa Acquisition Corp entered into a business combination agreement with Silexion Ltd.

  • Silexion Therapeutics is a pioneering clinical stage, oncology-focused biotechnology company dedicated to the development of innovative treatments for unsatisfactorily treated solid tumor cancers which have the mutated KRAS oncogene.
...READ MORE

MCAP Acquisition Corporation

Feb 1, 2021 by Matt Cianci

PROPOSED BUSINESS COMBINATION: AdTheorent, Inc.

ENTERPRISE VALUE: $882 million
ANTICIPATED SYMBOL: ADTH

MCAP Acquisition Corporation proposes to combine with AdTheorent, Inc., a programmatic digital advertising leader using advanced machine learning technology and solutions to deliver real-world value for advertisers and marketers. ...READ MORE

FTAC Hera Acquisition Corp.

Feb 1, 2021 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Daniel G. Cohen, 51
President and Chief Executive Officer

Since October 2020, Mr. Cohen has served as the Chairman of the Board of INSU III, and he has served as the Chairman of the Board of INSU II since January 2019.

...READ MORE

SportsTek Acquisition Corp.

Feb 1, 2021 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Timothy W. Clark, 56
Chief Financial Officer, Chief Operating Officer & Director

Mr. Clark is currently a Managing Director at Hall Capital Partners, a family office private investment company where Mr.

...READ MORE

COVA Acquisition Corp.

Jan 29, 2021 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: ECARX Holdings, Inc.

ENTERPRISE VALUE: $3.522 billion
ANTICIPATED SYMBOL: ECX

COVA Acquisition Corp. proposes to combine with ECARX Holdings, Inc., a global mobility tech company.

  • ECARX develops hardware and software solutions that are essential for the development of connected, automated and electrified mobility, which it supplies to the global automotive industry as it rapidly transforms to meet evolving consumer demands.
...READ MORE

Alpha Capital Acquisition Company

Jan 29, 2021 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Semantix

ENTERPRISE VALUE: $693 million
ANTICIPATED SYMBOL: STIX

Alpha Capital Acquisition Company proposes to combine with Semantix, Latin America’s first fully integrated data software platform.

The developer of a big data and artificial intelligence platform intended to be used for innovation and digital transformation focused on cognitive computing. ...READ MORE

Tailwind International Acquisition Corp. *

Jan 29, 2021 by Kristi Marvin

EXTENSION – 2/24/23 – LINK

  • The SPAC approved the extension from February 23 2023 to August 23, 2023
    • 32,295,189 shares were redeemed for approximately $10.19.
    • No contribution will be made into the trust account

SUBSEQUENT EVENT – 2/22/23 – LINK

  • The SPAC entered into a non-redemption agreement with unknown investors for an aggregate of 1,900,000 Class A ordinary shares
    • In exchange for the foregoing commitments not to redeem such Class A ordinary shares, the Sponsor agreed to transfer an aggregate of 475,000 Class B ordinary shares of the Company held by the Sponsor to such third parties immediately following consummation of an initial business combination if they continued to hold such Non-Redeemed Shares through the Extension Meeting.
...READ MORE

CF Acquisition Corp. VI

Jan 29, 2021 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Rumble Inc.

ENTERPRISE VALUE: $2.231 billion
ANTICIPATED SYMBOL: tbd

CF Acquisition Corp. VI proposes to combine with Rumble Inc., the neutral video platform.

Rumble is a high-growth neutral video distribution platform. ...READ MORE

Peridot Acquisition Corp. II

Jan 29, 2021 by Kristi Marvin

LIQUIDATION – 2/24/23 – LINK

  • The public shares will cease trading as of the close of business on March 10, 2023
    • The balance of the Trust Account as of February 21, 2023 was approximately $416,222,593, which includes approximately $3,483,133 in interest and dividend income

MANAGEMENT & BOARD


Executive Officers

Preston Powell, 34
Chief Executive Officer and Director

Mr. Powell

...READ MORE

VPC Impact Acquisition Holdings III, Inc.

Jan 29, 2021 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Dave

ENTERPRISE VALUE: $3.563 billion
ANTICIPATED SYMBOL: DAVE

VPC Impact Acquisition Holdings III, Inc. proposes to combine with Dave, a banking app.

Launched in 2017 as an app to help Americans avoid billions of dollars in overdraft fees charged by traditional banks, Dave is now a financial platform helping 10 million customers with banking, financial insights, overdraft protection, building credit and finding side gigs ...READ MORE

Altimar Acquisition Corp. III *

Jan 29, 2021 by Kristi Marvin

LIQUIDATION – 9/5/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be September 8, 2023.
    • The per-share redemption price will be approximately $10.42

EXTENSION – 3/6/23 – LINK

  • The SPAC approved the extension from March 8, 2023 to September 8, 2023
    • 11,505,961 shares were redeemed at the meeting
    • No contribution will be made into the trust account.
...READ MORE

HNR Acquisition Corp *

Jan 29, 2021 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Pogo Resources, LLC

ENTERPRISE VALUE: $tbd million
ANTICIPATED SYMBOL: tbd

HNR Acquisition Corp proposes to combine with Pogo Resources, LLC

Pogo Resources, LLC is an independent oil and gas company that focuses on the acquisition, development, and exploitation of operated and producing oil and natural gas properties in the Permian Basin. ...READ MORE