TLG Acquisition One Corp. (TLGA) Closes Electriq Power Deal

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The Latest SPAC News and Rumors: July 31, 2023


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

Latest SPAC News: eToro agrees to $120M secondary share sale, Lotus cuts jobs, and ZeroNox announces multi-year partnership with NIO 333 Racing Formula E Team


Israel’s eToro agrees to $120 mln secondary share sale

Israeli digital brokerage eToro has agreed to a $120 million secondary share sale, a source familiar with the matter told Reuters on Monday, more than a year after it scrapped its plans to go public through a merger with FinTech Acquisition Corp.

...READ MORE
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The Latest Non-Redemption Agreements: July 28, 2023

Latest Non-Redemption Agreements: Roth CH V


Roth CH Acquisition V Co. (ROCL) Amends Non-Redemption Agreement

As previously reported, on May 3 and 4, Roth CH Acquisition V Co., (NASDAQ:ROCL), entered into non-redemption agreements with certain stockholders owning, in the aggregate, 2,000,000 shares of common stock, pursuant to which such stockholders agreed not to redeem or exercise any right to redeem such public shares in connection with the vote to extend the company’s completion deadline. ...READ MORE

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Compute Health Acquisition Corp. (CPUH) Shareholders Approve Allurion Deal

Compute Health (NYSE:CPUH) announced this afternoon that its shareholders approved its combination with weight-loss medtech firm Allurion at a special meeting held earlier today.

Approximately 99.8% of the votes cast on the business combination proposals by holders of Compute Health’s common stock, representing approximately 87.7% of the company’s outstanding common stock, voted to approve the deal, including approximately 58.2% of the outstanding shares of Class A common stock. ...READ MORE

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Genesis Unicorn Capital Corp. (GENQ) Adds FPA to ESGL Deal

Genesis Unicorn (NASDAQ:GENQ) announced in an 8-K this morning that it has added a forward purchase agreement (FPA) to its combination with sustainable energy firm ESGL Holding.

Vellar Opportunities Fund has agreed to purchase up to 4,400,000 shares from third parties and brokers through the arrangement, which is to take the form of a OTC equity prepaid forward transaction. ...READ MORE

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Podcast: Bitcoin Depot’s CEO Brandon Mintz Gives an Update

This week, we get an update from Brandon Mintz, CEO of Bitcoin Depot (Nasdaq: BTM), which recently closed its SPAC combination with GSR II Meteora Acquisition Corp. in June.

Brandon shares what advice he has for other companies considering a SPAC merger in the current market and discusses how Bitcoin Depot is hitting the ground running with its acquisition pipeline now that it has public capital at its disposal. ...READ MORE

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Genesis Unicorn Capital Corp. (GENQ) Shareholders Approve ESGL Deal

Genesis Unicorn Capital Corp. (NASDAQ: GENQ) announced this afternoon that its shareholders approved its combination with sustainable waste solutions provider ESGL Holdings at a special meeting held earlier today.

At the meeting, a total of 6,542,842 shares of common stock were present, representing approximately 81.54% of the issued and outstanding shares of common stock. ...READ MORE

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