Archives: Spacs

Spacs Information Page

Athlon Acquisition Corp.

Dec 22, 2020 by Kristi Marvin

LIQUIDATION – 11/9/22 – LINK

  • Athlon Acquisition Corp. announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at an expected per-share redemption price of approximately $10.06.
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Environmental Impact Acquisition Corp.

Dec 22, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: GreenLight Biosciences, Inc.

ENTERPRISE VALUE: $1.23 Billion
ANTICIPATED SYMBOL: GRNA

Environmental Impact Acquisition Corp. proposes to combine with GreenLight Biosciences, Inc., a biotechnology company dedicated to making ribonucleic acid (RNA) products affordable and accessible for human health and agriculture

GreenLight harnesses the power of biology to develop RNA-based solutions for some of humanity’s greatest challenges in human health through mRNA vaccines and therapeutics and in food production through RNA crop-protection products. ...READ MORE

Authentic Equity Acquisition Corp.

Dec 22, 2020 by Kristi Marvin

LIQUIDATION – 1/6/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be January 20, 2023.
  • As of the close of business on January 23, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
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Provident Acquisition Corp.

Dec 22, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Perfect Corp.

ENTERPRISE VALUE: $1.019 billion
ANTICIPATED SYMBOL: PERF

Provident Acquisition Corp. proposes to combine with Perfect Corp., a provider in augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries. ...READ MORE

Group Nine Acquisition Corp.

Dec 21, 2020 by Kristi Marvin

SUBSEQUENT EVENT – 5/31/22 – LINK

  • On May 27, 2022, 890 5th Avenue Partners entered into a Membership Interest Purchase Agreement with Group Nine SPAC, LLC and Group Nine Media LLC, pursuant to which 890 purchased certain Class A interests of the Sponsor held by Seller, which economically corresponds to 4,025,000 shares of Class B common stock, par value $0.0001 per share, of Group Nine Acquisition Corp.
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Global Partner Acquisition Corp II *

Dec 21, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Stardust Power

ENTERPRISE VALUE: $447.5 million
ANTICIPATED SYMBOL: SDST

Global Partner Acquisition Corp II proposes to combine with Stardust Power.

Stardust Power Inc. is a development stage manufacturer of battery-grade lithium products deigned to supply the EV industry and helping to secure America’s leadership in the energy transition. ...READ MORE

Mountain Crest Acquisition Corp. II

Dec 21, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Better Therapeutics, Inc.

ENTERPRISE VALUE: $184 million
ANTICIPATED SYMBOL: BTTX

Mountain Crest Acquisition Corp. II proposes to combine with Better Therapeutics, Inc. a prescription digital therapeutics company delivering cognitive behavioral therapy to address the root causes of cardiometabolic diseases. ...READ MORE

Kairos Acquisition Corp.

Dec 21, 2020 by Kristi Marvin

LIQUIDATION – 12/6/22 – LINK

  • As of December 6, 2022, the shares will cease trading and will be redeemed for the redemption amount of $10.08/Share

MANAGEMENT & BOARD


Executive Officers

Peter Bang, 54 [Appointed Chairman on 9/13/21]
Chief Executive Officer, Chairman, and Director 

Peter Bang has over 25 of experience as an investment banker, advising financial services and financial technology companies globally in capital markets and M&A transactions.

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Omega Alpha SPAC

Dec 21, 2020 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Otello Stampacchia, PhD, 51
Chief Executive Officer & Chairman of the Board of Directors

Dr. Stampacchia is founder, Managing Director, and a member of the investment committee at Omega.

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SVF Investment Corp.

Dec 21, 2020 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Rajeev Misra, 58 [Resigned 8/22/22]
Chairman of the Board & Chief Executive Officer

Mr. Misra serves as the CEO of SoftBank Investment Advisers, the investment manager to the SoftBank Vision Funds, Corporate Officer and Executive Vice President of SoftBank Group Corp.

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Healthcare Capital Corp.

Dec 21, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Alpha Tau Medical Limited

ENTERPRISE VALUE: $650 million
ANTICIPATED SYMBOL: DRTS

Healthcare Capital Corp. proposes to combine with Alpha Tau Medical Limited, the developer of the pioneering alpha-radiation cancer therapy Alpha DaRT™. ...READ MORE

Prospector Capital Corp. *

Dec 18, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: LeddarTech

ENTERPRISE VALUE: $330 million
ANTICIPATED SYMBOL: LDTC

Prospector Capital Corp proposes to combine with LeddarTech.

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal, Toronto and Tel Aviv, Israel, LeddarTech develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving (AD) applications. ...READ MORE

Global Synergy Acquisition Corp.

Dec 18, 2020 by Matt Cianci

MANAGEMENT & BOARD


Executive Officers

Alok Oberoi, 57
President, Co-Chief Executive Officer and Director

Mr. Oberoi is a 30-year veteran investor in both private and public markets and across different capital structures, industry sectors and geographies.

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Rotor Acquisition Corp.

Dec 18, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Sarcos Robotics

ENTERPRISE VALUE: $1.314 billion
ANTICIPATED SYMBOL: STRC

Rotor Acquisition Corp. proposes to combine with Sarcos Robotics a leader in the development of robots that augment humans to enhance productivity and safety.The ...READ MORE

Venus Acquisition Corporation *

Dec 18, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: VIYI Algorithm Inc.

ENTERPRISE VALUE: $400 million
ANTICIPATED SYMBOL: ALGO

Venus Acquisition Corporation proposes to combine with VIYI Algorithm Inc.

VIYI Algo is dedicated to the development and application of bespoke central processing algorithms. ...READ MORE

Star Peak Corp II

Dec 18, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Benson Hill, Inc.

ENTERPRISE VALUE: $1.351 billion
ANTICIPATED SYMBOL: BHIL

Star Peak Corp II proposes to combine with Benson Hill, Inc., a sustainable food technology company that uses artificial intelligence (AI), data and a variety of breeding techniques to create innovative food and ingredient products. ...READ MORE