STOP THE WAR! Let’s support Ukraine Together

SPACs in the News

latest-news

The Latest SPAC News and Rumors: January 31, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Arrival appoints new CEO after laying off 50% of workforce, Hambro SPAC ditches merger talks with Istesso, and DocGo partners with Dollar General


EV startup Arrival appoints new CEO, posts plan to lay off 50% of its workforce

UK-based electric vehicle startup Arrival has announced plans to lay off half of its workforce as part of its efforts to cut costs. ...READ MORE

latest-news
latest-news

The Latest SPAC News and Rumors: January 27, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Circle spokesperson denies blaming SEC for failed deal, BuzzFeed CEO says AI-powered content will be part of core business, and FaZe Clan faces possible delisting


Circle Spokesperson Denies Blaming SEC for Failed $9 Billion Deal

USD Coin (USDC) issuer Circle has rejected claims that it blames the United States Securities and Exchange Commission (SEC) for the failure of its $9 billion plan to go public in December, according to a spokeswoman for the company. ...READ MORE

latest-news
latest-news

The Latest SPAC News and Rumors: January 25, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Circle blames SEC for deal collapse, Vacasa slashes 17% of workforce, and Hindenburg targets Adani Group after bets against Nikola


Circle Blames SEC for Collapse of $9B SPAC

Stablecoin company Circle says the SEC is to blame for its failure to go public. ...READ MORE

latest-news
latest-news

The Latest SPAC News and Rumors: January 23, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: IonQ to build new manufacturing plant, DWAC falls on report that Trump plans to return to social media, and Jupiter Wellness redeemable digital coupons now available for shareholders


Quantum computer firm IonQ to build Bothell manufacturing plant

Quantum computing company IonQ (NYSE:IONQ) is opening a new manufacturing facility in Bothell, dubbing the Seattle area its North American production headquarters on its quest to develop a new kind of computer. ...READ MORE

latest-news
latest-news

The Latest SPAC News and Rumors: January 19, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Planet Labs CFO says SPAC IPO was key to growth, Jupiter Wellness announces $4.1M registered direct and private placement, and Zapp expands international footprint with new campus in Thailand 


Planet Labs Finance Chief Says SPAC IPO Was Key to Recent Growth

Ashley Johnson, chief financial officer for Planet Labs PBC (NYSE: PL), said the satellite-imaging company made the right call to go public by combining with a special-purpose acquisition company—better known as a SPAC. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 18, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Grab revealed as top food delivery player in ASEAN despite slowing growth, SomaLogic reduces staff, and DL E&C, Doosan invest $25M in X-Energy


Grab tightens ASEAN food delivery grip despite slowing growth

Singapore-based superapp developer Grab (NASDAQ:GRAB) is cementing its position as the dominant food delivery player in the Association of Southeast Asian Nations, even as growth in the once booming digital service dramatically slows, a report released on Tuesday showed. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 17, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: FTX Japan draws interest from Monex, Caravelle announces preliminary record-breaking financials for 2022, and Melia Hotels and Falcon Beyond open new resort


Monex Indicates Interest in FTX Japan

As FTX battles with its bankruptcy proceedings, one of the four assets it put on sale, FTX Japan, has caught the interest of Tokyo-based financial services company Monex Group. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 13, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Klausner and Grant & Eisenhofer lawyers win ruling against GigCapital3 and SEC plans to finalize two dozen rules in 2023


SPAC Defenders Fear Professor’s Victory Means Lawsuit Gold Rush

Stanford Law Professor Michael Klausner’s legal push aimed at showing SPACs are a rip-off for everyday investors is going as well as he could have hoped. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 12, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Lucid wins dismissal of lawsuit that claimed it defrauded investors, and DiaCarta receives FDA Emergency Use Authorization for monkeypox test kit


Lucid beats lawsuits claiming it defrauded SPAC investors about production outlook

Lucid Group Inc (NASDAQ:LCID) on Wednesday won the dismissal of a lawsuit accusing the luxury electric car maker of defrauding investors in the special-purpose acquisition company that helped take it public, by significantly overstating its production outlook. ...READ MORE

latest-news
latest-news

The Latest SPAC News and Rumors: January 10, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Ex-banker eyes M&A after SPAC deal forges $60B wealth firm, Virgin Orbit stock plunges as UK launch fails, and Palihapitiya says Musk will take SpaceX’s Starlink public in 2023


Ex-Banker Eyes M&A After SPAC Deal Forges $60 Billion Wealth Firm

Michael Tiedemann turned his back on a Wall Street banking career two decades ago to build a wealth-management firm targeting the world’s super-rich. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 9, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Saxo Bank eyes Copenhagen listing after failed SPAC merger, and SPACs win small respite under IRS stock-buyback tax guidance


Saxo Bank eyes Copenhagen listing after failed SPAC merger

Saxo Bank could give its external investors a new chance to cash in, including via an initial public offering, as early as this year, CEO Kim Fournais told Reuters, after plans to merge with Disruptive Capital AC, a blank-check company, collapsed last month. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 6, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Boxed mulls potential sale, Thailand’s PTT relaunches discussions to buy ReNew Power’s solar assets, and ECARX and smart unveil immersive digital cockpit computing platform


E-tailer Boxed mulls potential sale

Strapped for financing, online bulk-products retailer Boxed Inc. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 5, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Newsight Imaging partners with First International Computer, D-Wave and Davidson Technologies enter multi-year reseller agreement, and Alliance Entertainment automates warehouse 


Newsight Imaging and First International Computer Announce Partnership for LiDAR solution for Automotive Safety

Newsight Imaging Ltd. ...READ MORE

latest-news

The Latest SPAC News and Rumors: January 4, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Lenders to SPAC Cyxtera merger seek legal advice on debt, LanzaTech founder to take on advisory role, and SEC charges former SPAC CFO for orchestrating $5M fraud scheme


Lenders to 2021 SPAC Merger Cyxtera Seek Legal Advice on Debt

A group of lenders to struggling data-center firm Cyxtera Technologies Inc.

...READ MORE
latest-news

The Latest SPAC News and Rumors: January 3, 2023

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Royalty Management expands investment in Ferrox Holdings to over 10% equity ownership and ZyVersa Therapeutics adds two leading nephrologists to its Renal Scientific Advisory Board


American Acquisition Opportunity’s Target, Royalty Management, Expands Investment in Ferrox Holdings to Over 10% Equity Ownership

American Acquisition Opportunity Inc.’s ...READ MORE