Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
London-based multinational digital health firm Babylon has sold almost all of its U.K.
Andretti Acquisition Corp. (NYSE:WNNR) has entered into a definitive agreement to combine with generative AI company Zapata at an enterprise value of $283 million.
Boston-based Zapata has developed technology to use quantum computing and numerical data to generate text and data for industrial applications. ...READ MORE
Altimar Acquisition Corp. III (NYSE:ATAQ) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of September 22.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Shares of Rumble Inc.
UTA Acquisition Corporation (NASDAQ:UTAA) will not consummate a business combination by September 6.
As a result, the company, as promptly as possible, but no later than September 20, will redeem 100% of the issued and outstanding Class A ordinary shares.
The Growth for Good Acquisition Corporation (NASDAQ: GFGD) disclosed in a press release today that it has once again adjourned its special meeting. This marks the fourth postponement for shareholders to cast their votes on the SPAC’s combination with EV-maker ZeroNox. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Murphy Canyon Acquisition Corp. (NASDAQ:MURF) announced this afternoon that its special meeting, initially scheduled for September 7, has been postponed to September 13 at 10:00 a.m.
As a result of this change, Murphy Canyon has also extended the redemption deadline for holders of its common stock to 5:00 p.m. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Polestar Automotive Holding (NASDAQ:PSNY) posted another operating loss in the second quarter as the electric-vehicle maker struggled with software delays and intensifying competition.
First Light Acquisition Group, Inc. (NYSE:FLAG) announced in an 8-K this morning that it has brought additional funding to its combination with Calidi Therapeutics through a non-redemption agreement, forward purchase agreement (FPA) and PIPE. ...READ MORE
Northern Revival Acquisition Corp. (NASDAQ:NRAC) announced this afternoon that it adjourned today’s vote for a proposal to extend its completion deadline.
The SPAC stated that the meeting was adjourned due to technical difficulties with telephone connectivity and will be reconvened on August 31, at 2:00 p.m. ...READ MORE
Crixus BH3 Acquisition Company (NASDAQ:BHAC) intends to discontinue its pursuit of an initial business combination and liquidate its trust account.
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 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
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Chinese steel trading website Zhaogang.com
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 (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
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