SPACs in the News
2024-03-18 at 1:32pm

News and Rumors PR: LatAm Logistic Properties, which has a pending combination with two (NYSE:TWOA), has secured a new $43 million 10-year lease for one of its properties in Peru. two is set to hold its completion vote on the deal March 25. TechCrunch: EV-maker Fisker (NYSE:FSR) has begun a six-week production pause as it...

2024-03-18 at 8:06am

At the SPAC of Dawn Much of the action around SPAC votes this week is back-loaded towards Friday. Monday through Wednesday will see four extension votes and one completion vote, while Thursday and Friday is set to host three of each. The headliner of these completion votes is of course Digital World‘s (NASDAQ:DWAC) long-awaited special...

2024-03-15 at 1:34pm

Deals and Amendments Keyarch (NASDAQ:KYCH) has tweaked the earnout provision of its combination with EV charging firm ZOOZ Power. Under the new terms, ZOOZ shareholders will still receive 1,000,000 shares if it achieves $10 million or more in gross revenue for any four quarters within five or if its shares hit a VWAP of $12....

2024-03-15 at 7:50am

At the SPAC of Dawn Despite some Thursday ripples in the market on economic data readings, there appears to be growing consensus that the Fed won’t budge much over its initial plans for three rate cuts in 2024 and four more in 2025. But, other regulatory changes could have more direct impact on de-SPACs this...

2024-03-14 at 1:35pm

News and Rumors PR: eVTOL maker Lilium (NASDAQ:LILM) has partnered with Atlantic Aviation to provide infrastructure support Lilium’s launch into Florida, California, Texas and Northeast US markets. The two will collaborate on the planning aspects of integrating Lilium aircraft and regional jet service operations into airports. Lilium combined with Qell in September 2021. PR: Construction...

2024-03-14 at 7:46am

At the SPAC of Dawn While the S&P has been stretching its record highs lately, traders will get updated data on jobless claims and retail sales today. These are expected to show a +0.8% increase in retail sales in February, reversing a contraction of the same size in January. A consumer rebound would touch on...

2024-03-13 at 1:30pm

News and Rumors Washington Post: Former President Donald Trump reportedly at one point tried to sell Truth Social, the centerpiece of Trump Media and Technology Group (TMTG), to X-owner Elon Musk in the summer of 2023. The talks did not advance far, but would have come as TMTG was still working to close a business...

2024-03-13 at 7:36am

At the SPAC of Dawn For all of the swings that Digital World (NASDAQ:DWAC) stock has taken in the past two years, the reaction to the chairman of its target, Trump Media & Technology Group (TMTG), securing the Republican nomination for president has been relatively muted. Digital World shares finished up +2.8% yesterday and are...

2024-03-12 at 1:33pm

Deals and Amendments Bannix (NASDAQ:BNIX) has terminated its combination with autonomous vehicle maker EVIE autonomous on the basis that the target did not provide requested loans to Bannix as required in the merger agreement. Bannix’s transaction deadline is coming up March 14 and it has not yet divulged the result of an extension vote it...

2024-03-12 at 7:44am

At the SPAC of Dawn A busy start to the week for SPACs continues with three extension votes scheduled for today’s docket. The week will host three more as well as the completion vote for Arrowroot‘s (NASDAQ:ARRW) combination with AI software firm iLearningEngines, which may have gained some extra spice in between postponements as AI...

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