HNR Acquisition Corp. (HNRA) Re-Strikes Pogo Resources Deal

Aug 30, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that it has reworked its combination with oil developer Pogo Resources to purchase all of the equity interests of the target.

The SPAC amended the membership interest purchase agreement to revise the purchase price to an aggregate amount of $63 million in cash plus two million shares of a new class of Class B Common Stock, which have no economic rights, and two million units in the company’s newly-formed subsidiary, HNRA Upstream, LLC, which are exchangeable for two million shares of newly created Class A Common Stock. ...READ MORE

The Growth for Good Acquisition Corp. (GFGD) Adjourns Completion Vote Again

Aug 30, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

The Growth for Good Acquisition Corporation (NASDAQ: GFGD) announced in a press release today that it has once again adjourned its special meeting, marking the third postponement for shareholders to vote on the SPAC’s combination with EV-maker ZeroNox. ...READ MORE

The Latest SPAC News and Rumors: August 30, 2023

Aug 30, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Zhaogang nears Hong Kong’s first SPAC merger, VinFast shares lose $83B as surge reverses, and SRIVARU awarded key patent

China Steel Website Zhaogang Nears Hong Kong’s First SPAC Merger, Sources Say

Chinese steel trading website Zhaogang.com

Fusion Acquisition Corp. II (FSNB) Signs LOI with Hyperloop Transportation

Aug 30, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

Fusion Acquisition Corp. II (NYSE:FSNB) announced this morning that it has signed a non-binding letter-of-intent (LOI) to combine with transportation technology company Hyperloop Transportation Technologies for, so far, undisclosed terms.

The news comes within teasing distance of Fusion II’s extension vote scheduled for 11 am ET this morning. ...READ MORE

Graf Acquisition Corp. IV (GFOR) Adjourns Completion Vote

Aug 30, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

Graf Acquisition Corp. IV (NYSE:GFOR) announced this morning that it plans to adjourn today’s vote to complete its combination with NKGen without conducting any business.

The special meeting will be pushed to 10:30 am ET September 8. ...READ MORE

The Latest Liquidations: August 29, 2023

Aug 29, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: African Gold Acquisition Corp.

African Gold Acquisition Corp. (AGAC) to Liquidate on September 8

On August 23, the NYSE notified African Gold Acquisition Corporation (NYSE:AGAC) that it had determined to commence proceedings to delist from the exchange due to the company’s inability to file its quarterly and annual reports. ...READ MORE

The Latest SPAC News and Rumors: August 29, 2023

Aug 29, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: AgileThought files for Chapter 11 bankruptcy, Hostess’ stock surges on talks of sale, and Barca to move HQ of its content subsidiary to the Netherlands

IT services firm AgileThought files for chapter 11 bankruptcy, return to private company

After going public in 2021, Irving-based IT services company AgileThought Inc. (NASDAQ:

Viveon Health Acquisition Corp. (VHAQ) Doubles Clearday Valuation in Re-Strike

Aug 29, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Viveon Health (NYSE:VHAQ) announced this morning that it has amended its combination with Clearday to double the equity consideration the target will receive to $500 million from $250 million.

This does not include options, warrants and the 5,000,000 shares Clearday shareholders may receive through an earnout if it achieves profitability over a 12-month period within five years of close. ...READ MORE

First Light Acquisition Group (FLAG) Signs FPA, Secures Shareholder Approval for Calidi Deal

Aug 29, 2023 De-SPAC Votes and Redemptions, Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

First Light Acquisition Group, Inc. (NYSE:FLAG) announced in an 8-K this morning that it has both secured shareholder approval for its combination with Calidi Therapeutics and entered into a forward purchase agreement (FPA) covering up to 340,000 shares to support it. ...READ MORE

The Latest Non-Redemption Agreements: August 28, 2023

Aug 28, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Northern Star Investment Corp. III, IV

Northern Star Investment Corp. III (NSTC) Adds Non-Redemption Agreement

On August 25, Northern Star III Sponsor LLC, the sponsor of Northern Star Investment Corp. ...READ MORE

Athena Consumer Acquisition Corp. (ACAQ) Amends Deal for e.GO

Aug 28, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Athena Consumer Acquisition Corp. (NYSE: ACAQ) announced this afternoon that it has amended its business combination with EV-maker e.GO, marking the fourth amendment to the deal.

The modifications, implemented on August 25, involve revising both the warrant exchange and the earn-out agreement. ...READ MORE

The Growth for Good Acquisition Corp. (GFGD) Adjourns Completion Vote

Aug 28, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

The Growth for Good Acquisition Corporation (NASDAQ: GFGD) announced in a press release today that it convened and then adjourned, without conducting any other business, its special meeting to August 30 at 10:00 a.m. ...READ MORE

The Latest SPAC News and Rumors: August 28, 2023

Aug 28, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Hostess Brands explores sale amid takeover interest, and Oklo and Centrus Energy sign MOU to support deployment of advanced fission technologies in Ohio

Twinkies maker Hostess Brands explores sale amid takeover interest, sources say

Hostess Brands Inc (NASDAQ:TWNK), the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday.

Fifth Wall Acquisition Corp. III (FWAC) Closes Mobile Infrastructure Deal

Aug 28, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

Fifth Wall III (NASDAQ:FWAC) announced today that it has closed its combination with parking asset owner Mobile Infrastructure, and the combined company’s stock began trading on the NYSE American under the symbol “BEEP” today. ...READ MORE

CF Acquisition Corp. VIII (CFFE) Shareholders Approve Exela Deal

Aug 28, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

CF VIII (NASDAQ:CFFE) announced in an 8-K this morning that its shareholders voted to approve its combination with B2B software firm Exela at a special meeting August 24.

The SPAC has not yet shared its redemption figures from the vote, but had already dispersed about 94.2% of its trust through earlier extension votes. ...READ MORE

Denali Capital Acquisition Corp. (DECA) Adds $18M PIPE to Longevity Deal

Aug 28, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Denali Capital (NASDAQ:DECA) announced in an 8-K that it has added $18 million in equity funding to its combination with biotech firm Longevity through the sale of newly issued series A preferred shares. ...READ MORE

SPAC IPO Terms Tracker: August 25, 2023

Aug 26, 2023 Headline Post, INTEL by Kristi Marvin

To access this post, you must purchase 1 - User: Monthly Plan.

The Latest Non-Redemption Agreements: August 25, 2023

Aug 25, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Fusion Acquisition Corp. II

Fusion Acquisition Corp. II (FSNB) Adds Non-Redemption Agreement

On August 25, Fusion Acquisition Corp. II (NYSE:FSNB) and Fusion Sponsor II LLC entered into a non-redemption agreement with an unaffiliated third-party investor, pursuant to which the investor has agreed not to redeem, or to reverse and revoke any prior redemption election with respect to 220,000 shares of Class A common stock. ...READ MORE

Vahanna Tech Edge Acquisition I Corp. (VHNA) Shareholders Approve Roadzen Deal

Aug 25, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA) announced this afternoon that shareholders have approved its combination with insuretech firm Roadzen at a special meeting held earlier today.

The deal was overwhelmingly approved as holders of 13,803,373 shares voted in favor of the transaction while holders of 2,821,787 shares voted against it. ...READ MORE

FG Merger Corp. (FGMC) Completes iCoreConnect Deal

Aug 25, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

FG Merger Corp. (NASDAQ:FGMC) announced this afternoon that it has completed its combination with healthcare workflow platform iCoreConnect after shareholders approved the deal on August 18.

In connection with the vote last week, 6,292,008 shares were redeemed, leaving FG Merger Corp. ...READ MORE