Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Three space companies that went public two years ago are seeking ways to build credibility with large institutional investors that have started dipping toes into the deflated market.
Biotech firms tend to come on to SPACs’ radar when they still have some clinical work to complete to get to an approved medicine or device, but Avertix is ahead of that particular curve. ...READ MORE
GigCapital5 (NYSE:GIA) announced in an 8-K filing this morning that it has rejected a request by its combination target QT Imaging to terminate the deal, claiming that although the deal’s September 8 outside date is passed, breaches on QT Imaging’s part caused delays. ...READ MORE
On September 14, BYTE Acquisition Corp. (NASDAQ:BYTE) entered into an amendment to the non-redemption agreement previously entered into on March 8 with an existing shareholder holding 1,000,000 Class A ordinary shares. ...READ MORE
SILVERspac Inc. (NASDAQ:SLVR) will not consummate an initial business combination by September 14.
As a result, the company, as promptly as possible, but no later than September 28, will redeem 100% of the issued and outstanding Class A ordinary shares. Based ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
In a move that underscores its pace of growth and strategic foresight, Volato today announced a reorganization of its leadership team.
Graf Acquisition Corp. IV (NYSE:GFOR) announced that it adjourned yesterday’s completion vote for its combination with NKGen Biotech without conducting any business and will reopen proceedings at 10 am ET September 20. ...READ MORE
APx Acquisition Corp. I (NASDAQ:APXI) announced in an 8-K this afternoon that it has sold the majority of its sponsor economics to Templar LLC and its designees.
As a part of the purchase agreement, the sponsor will transfer 3,342,188 of the company’s class B ordinary shares and 6,936,250 private placement warrants to Templar. The ...READ MORE
Prime Impact Acquisition I (NYSE:PIAI) announced in an 8-K this afternoon that its shareholders approved its combination with insurance firm Cheche at a special meeting yesterday.
At the meeting, 10,764,455 Class A and Class B Ordinary Shares of Prime Impact, which represented 84.48% of the ordinary shares outstanding, were represented. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Kolors, a Mexico City-based startup that connects intercity bus riders with bus drivers, is acquiring B2B van pooling provider Urbvan for $12 million cash, the company shared Wednesday.
Focus Impact Acquisition Corp. (NASDAQ: FIAC) has entered into a definitive agreement to combine with carbon streaming company DevvStream Holdings Inc. (OTC: DSTRF) at an enterprise value of approximately $212.8 million, or 4.7x 2025 EBITDA. ...READ MORE
Ares Acquisition Corporation (NYSE:AAC) announced in an 8-K this morning that it has added up to $60 million in new commitments to its combination with nuclear technology firm X-Energy while further dropping the target’s valuation. ...READ MORE
Inception Growth Acquisition Corp. (NYSE:IGTA) has entered into a definitive agreement to combine with AI firm AgileAlgo at a pre-money equity value of $160 million.
Singapore-based AgileAlgo provides AI tools to enterprise clients to optimize business process and teach their systems to continually improve themselves. ...READ MORE
Sustainable materials are starting to take a bite out of the share of single-use plastics in circulation, but replacing the full $600 billion plastics market is going to take more innovation and much more capital. ...READ MORE
The Growth for Good Acquisition Corporation (NASDAQ:GFGD) announced this afternoon that it will terminate its combination with EV technology company ZeroNox and will immediately begin the process of liquidating its trust. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
M3-Brigade III (NYSE:MBSC) announced in an 8-K this morning that its shareholders have approved its combination with Canadian energy producer Greenfire while warrant holders approved a proposal to buy back all outstanding warrants. ...READ MORE
Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with an undisclosed target in the critical materials space for, so far, undisclosed terms. ...READ MORE
First Light Acquisition Group, Inc. (NYSE:FLAG) announced this afternoon that it expects to close its business combination with Calidi Therapeutics tomorrow, September 12.
The deal was already approved by FLAG shareholders during a special meeting on September 1, but at that time, the parties did not share a proposed timeline for the transaction’s closing. ...READ MORE
The Growth for Good Acquisition Corporation (NASDAQ: GFGD) disclosed in a press release today that it has adjourned its special meeting for the seventh time.
Shareholders were expecting to cast their votes on the SPAC’s combination with EV-maker ZeroNox, but the parties are now considering terminating the deal due to the amount of redemption requests. It ...READ MORE