Compute Health (NYSE:CPUH) announced in an 8-K this afternoon that its warrant holders have approved an amendment to the warrant agreement after adjourning the meeting earlier this morning.
After all parties had a chance to engage with the new changes, the meeting was reconvened at 12 pm ET today. ...READ MORE
On July 25, Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) entered into one or more agreements with one or more unaffiliated third parties in exchange for them each agreeing not to redeem an aggregate of 760,000 Class A ordinary shares, in connection with the extraordinary general meeting of shareholders to be held on August 1 to extend the completion deadline from August 2, 2023 to May 2, 2024. ...READ MORE
Rigel Resource Acquisition Corp. (NYSE: RRAC) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with a global metals company.
The SPAC disclosed that it signed the LOI on March 23, but did not provide further information on the unnamed target or the potential transaction. ...READ MORE
Well, this is a new one. Have you ever watched a TV show like Grey’s Anatomy and thought, “Yeah, I could do surgery.” The answer is no, no you can’t. ...READ MORE
Northern Star Investment Corp. II (NYSE:NSTB) announced in an 8-K this afternoon that it has adjourned its special meeting to extend its extension vote to 11 am ET, July 28.
The SPAC plans to use this extra time to engage with investors and effectuate redemption reversals. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Intuitive Machines, Inc.
TradeUP (NASDAQ:UPTD) announced in an 8-K this morning that it has added a $6.8 million PIPE to its combination with Estrella Biopharma, which will wipe an equal amount of debt from its books. ...READ MORE
Compute Health (NYSE:CPUH) announced in an 8-K this morning it has adjourned its meeting of warrant holders to vote on previously proposed amendments to the warrant agreement, and it has unveiled a further tweak. ...READ MORE
Haymaker Acquisition Corp. 4 announced the pricing of its $200 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “HYAC U” on Wednesday, July 26, 2023. ...READ MORE
Between July 22, and July 24, Healthwell Acquisition Corp. I, (NASDAQ:HWEL) and the Company’s sponsor, Healthwell Acquisition Corp. ...READ MORE
TLG Acquisition One Corp. (NYSE: TLGA) announced this afternoon that its shareholders approved its combination with energy storage provider Electriq Power at a special meeting held earlier today.
The approval of the deal received overwhelming support, with over 98% of the votes cast at the meeting being in favor of the transaction. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
On July 24, 2023, it has been reported that FaZe Clan (NASDAQ:FAZE), a prominent esports and gaming content organization headquartered in Los Angeles, is currently assessing acquisition proposals from Gamesquare and Enthusiast Gaming.
By John Umbach and Andrew Fiscella, Marsh’s SPAC leaders
Additional contribution from Michael Gil and Paul Figliozzi, Marsh’s Turnaround & Restructuring Practice leaders
For more information on SPAC risk and Marsh’s SPAC risk specialists, visit Marsh.com ...READ MORE
Tristar Acquisition I Corp. (NYSE:TRIS) announced in an 8-K this afternoon that it entered into a securities purchase agreement with its sponsor, Tristar Holdings I LLC, and Navy Sail International Limited. ...READ MORE
Keen Vision Acquisition Corp. announced the pricing of its $130 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “KVACU” on Tuesday, July 25, 2023. ...READ MORE
Heartland Media Acquisition Corp. (NYSE: HMA) today announced that it will redeem all of its outstanding shares of Class A common stock, effective as of the close of business on August 8. ...READ MORE
Alpha Partners Technology Merger Corp. (NASDAQ:APTM) announced in a filing this afternoon that it plans to adjourn its special shareholder meeting, originally scheduled for July 25, until July 27.
The SPAC plans to open the meeting as scheduled tomorrow at 11:00 a.m. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
PlayUp, the Australian fantasy sports betting outfit, has paused its $10 million capital raise until it can sell its business in the United States.
TLG One (NYSE:TLGA) announced in an 8-K this morning that it has signed a forward purchase agreement (FPA) with Meteora Capital Partners to support its combination with Electriq Power.
Meteora will purchase up to 9.9% of TLG One’s outstanding shares and may waive this ownership restriction at its discretion. ...READ MORE
Everest Consolidator (NYSE:MNTN) provided an update this morning to its combination with debt collector Unifund, which it initially announced in May.
In a press release, the SPAC noted that it expects to contribute 1,500,000 promote shares to a bonus pool that will be distributed pro rata to non-redeeming shareholders in an effort to retain at least $60 million in its $185 million trust through to close. ...READ MORE