Marti Technologies, Inc. (NYSE:MRT), which merged with Galata Acquisition Corp. in July, announced this afternoon that it has launched an exchange offer to purchase its Class A ordinary shares for $0.10 in cash. ...READ MORE
Crypto has been a popular, but a somewhat niche sector for SPACs in recent years that appeared to have fallen out of favor as scandals rocked major exchanges and prices for major cryptocurrencies and tokens plummeted. ...READ MORE
Colombier Acquisition Corp. II (NYSE: CLBR.U) announced the pricing of its upsized $150 million IPO this evening. Its units are expected to begin trading on the NYSE under the symbol “CLBR.U” ...READ MORE
Mountain Crest Acquisition Corp. IV (NASDAQ:MCAF) announced this afternoon that its shareholders have approved its business combination with CH-AUTO.
At today’s meeting, there were 2,958,185 shares of common stock present, representing approximately 89.25% of the issued and outstanding shares, constituting a quorum. ...READ MORE
Plenty of stocks are rebounding this month as the market broadly rallies on signs that the age of rate hikes is ending, but DraftKings (NASDAQ:DKNG) is on an uncommonly sharp trajectory among recent de-SPACs. ...READ MORE
Public companies of all stripes tend to bury news ahead of holidays and SPACs are no different.
Four SPACs have announced their intent to liquidate since market close on Friday and three of these had previously agreed to business combinations. ...READ MORE
Bellevue Life Sciences (NASDAQ:BLAC) has entered into a definitive agreement to combine with Korean healthcare holding company OSR for undisclosed compensation.
Seoul-based OSR is a conglomerate of several biotech firms advancing drug candidates as well as a medical device distributor. ...READ MORE
A largely positive week is coming to end with a summit that appears to have brought an autumn chill to simmering tensions between the US and China. ...READ MORE
With the S&P 500 rolling into a two-month high on the back of positive inflation numbers, all hopes have to be for nothing too concerning coming out of a still-packed end of the week. ...READ MORE
HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that it has completed its business combination with oil developer Pogo Resources.
The deal was originally approved by shareholders at a meeting held on November 13 and stockholders holding 4,063,777 shares out of a possible 4,509,403 shares of HNRA’s common stock exercised their right to redeem their shares. ...READ MORE
Jaguar Global (NASDAQ:JGGC) announced this afternoon that it has completed its combination with glass-maker GLAAM after shareholders approved the deal at a special meeting on September 27.
In connection to the meeting, the SPAC saw redemptions remove 99.6% of its trust, leaving it with approximately $1.04 million post-vote. ...READ MORE
As if there were any doubts, Digital World (NASDAQ:DWAC) remains the champion on retail buzz investing among SPACs.
Although the SPAC did not jump as dramatically yesterday on the filing of its amended S-4 as many de-SPACs did on the inflation numbers, it nonetheless locked in a +2.9% gain and is up a further +2.3% in the pre-market today to $15.98. ...READ MORE
US stock futures already told the story of a day of big upward movement once the consumer price index (CPI) came in this morning much lower than expected with just a +0.2% increase. ...READ MORE
Global Lights Acquisition Corp. (Nasdaq: GLACU) announced the pricing of its $60 million IPO this morning. Its units are expected to begin trading on the Nasdaq under the symbol “GLACU” on Tuesday, November 14, 2023. ...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Digital World (NASDAQ:DWAC) is back in the news this week as it finally put out an updated S-4 for its long-running, lightning rod proposed combination with Trump Media and Technology Group (TMTG). ...READ MORE
HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that its shareholders have approved its business combination with oil developer Pogo Resources and entered into further agreements with Meteora.
In connection with today’s meeting, stockholders holding 4,063,777 shares out of a possible 4,509,403 shares of HNRA’s common stock exercised their right to redeem their shares. ...READ MORE
