C5 Acquisition Corp (NYSE:CXAC) filed an 8-K yesterday tipping off that the Sponsors never made their last extension contribution to the Trust back on September 11. What’s worse, they don’t intend to now that they have announced they are going to liquidate. ...READ MORE
Plutonian (NASDAQ:PLTN) has entered into a definitive agreement to combine with consumer products firm Big Tree Cloud at an initial equity value of $500 million.
Shenzhen, China-based Big Tree manufactures and distributes personal care items with a specialization in feminine hygiene products. ...READ MORE
Bridgetown Holdings (NASDAQ:BTWN) announced that its shareholders approved its combination with fintech platform MoneyHero at a special meeting held yesterday.
At the meeting, a total of 23,490,959, or 78.387%, of Bridgetown’s issued and outstanding ordinary shares were present, constituting a quorum for the transaction of business. ...READ MORE
Metal Sky Star Acquisition Corp. (NASDAQ:MSSA) disclosed yesterday that it has mutually terminated its combination with blockchain company Future Dao Group Holding Limited.
While the two sides did not disclose a reason for the parting of ways, the announcement comes shortly before Metal Sky’s extension meeting, scheduled for October 30. ...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.
The tail end of the September holiday season meant little action over the past few weeks, but the SPAC market is shuddering back to life now with much more business on the docket in coming days. ...READ MORE
Relative positivity has continued into a second straight day this week as the market leans perhaps more into encouraging signs around the future of interest rates than the prospect of renewed conflict in the Middle East. ...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.
SPACs had a quiet start to the week yesterday with the market digesting a new Middle East war and extra helpings from Canadian Thanksgiving. ...READ MORE
Israel’s tech sector has been fertile ground for SPAC dealmakers in recent years, but the latest outbreak of violence in the country has sent stocks of Israeli de-SPACs lower to start the week. ...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.
After a weekend in which the US markets maintained a slightly positive outlook year-to-date and hopes increased for US political stability, a war broke out from an unexpected angle. ...READ MORE
Accretion Acquisition Corp. (NASDAQ:ENER) has signed a non-binding letter of intent (LOI) to combine with natural resources company New Era Helium.
The parties have not yet released any financial parameters on the deal, but they expect to execute a definitive agreement together before the end of the year. ...READ MORE
Twin Ridge Capital Acquisition Corp. (NYSE:TRCA) announced in an 8-K that it has amended the share exchange ratio in its combination with automotive wheel-maker Carbon Revolution (ASX:CBR) to a 1-for-10 basis for all merger parties by order of an Australian court. ...READ MORE
FAST Acquisition Corp. II (NYSE:FZT) has closed its combination with hospitality company Falcon’s Beyond and the combined company’s shares, preferred stock and warrants are expected to begin trading on the Nasdaq later today under the symbols “FBYD”, “FBYDP” and “FBYDW”. ...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.
After the first full month without a SPAC IPO in nearly a year and a half, Thursday night saw two new vehicles begin floating, Quetta and Spark I. ...READ MORE
Spark I Acquisition Corporation (Nasdaq: SPKLU) announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “SPKLU” on Friday, October 6, 2023. ...READ MORE
Quetta Acquisition Corporation (Nasdaq: QETAU) announced the pricing of its $60 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “QETAU” on Friday, October 6, 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.
Much of the conversation around SPACs tends to come in isolation, but Rivian’s (NASDAQ:RIVN) after-hours announcements yesterday show that launching a public EV brand is tough no matter how the company made it to the market. ...READ MORE
