Latest Non-Redemption Agreements: Bleuacacia ltd.
Goldenbridge Acquisition Limited (GBRG) Completes SunCar Deal
Goldenbridge Acquisition Limited (Nasdaq: GBRG) announced this afternoon that it has completed its business combination with digitalized auto services provider Auto Services Group through its indirect majority-owned subsidiary Sun Car Online Insurance Agency. ...READ MORE
The Latest SPAC News and Rumors: May 17, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Martin Franklin’s new buyout vehicle raises $550 million in IPO, and VinFast targets profit after 2025
Martin Franklin’s New Buyout Vehicle Raises $550 Million in IPO
An acquisition company backed by serial dealmaker Martin E. ...READ MORE
The Latest Non-Redemption Agreements: May 16, 2023
Latest Non-Redemption Agreements: Bleuacacia and Capitalworks Emerging Markets
Bleuacacia (BLEU) Adds Non-Redemption Agreement
Metals Acquisition Corp. (MTAL) Adds $35M PIPE to CSA Copper Mine Deal
Metals Acquisition Corp. (NYSE:MTAL) has again secured further funding for its PIPE in connection to its business combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this afternoon that it has executed $35 million in committed financing. ...READ MORE
The Latest SPAC News and Rumors: May 16, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: AlTi Global buys Singapore wealth firm AL Wealth Partners and YS Biopharma’s PIKA rabies vaccine receives phase 3 clinical trial approval
Alti Global Buys Singapore Wealth Firm For Asia Expansion
AlTi Global Inc. (NASDAQ:ALTI) ...READ MORE
Fintech Ecosystem Development Corp. (FEXD) Terminates Combination with Rana Financial
Fintech Ecosystem (NASDAQ:FEXD) announced in an 8-K this morning that it has terminated its business combination with financial services provider Rana.
The filing noted that the deal was terminated well before its September 12 outside date because Rana failed to provide audited financial statements to the other parties in a timely manner. ...READ MORE
The Latest Non-Redemption Agreements: May 15, 2023
Latest Non-Redemption Agreements: PowerUp
PowerUp Acquisition Corp. (PWUP) Adds Non-Redemption Agreement
As previously reported, PowerUp Sponsor LLC, the sponsor of PowerUp Acquisition Corp. (NASDAQ:PWUP), and the company, entered into several Non-Redemption Agreements and Assignment of Economic Interests with certain unaffiliated third parties. ...READ MORE
The Latest Liquidations: May 15, 2023
Latest SPAC Liquidations: Pontem Corporation
Pontem Corporation (PNTM) to Liquidate on May 30
Pontem Corporation (NYSE: PNTM) today announced that it will redeem all of its outstanding Class A ordinary shares, effective on or about the close of business on May 30. ...READ MORE
The Latest SPAC News and Rumors: May 15, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Vingroup surges as EV unit merges with Black Spade and ThinkMarkets to go public through SPAC deal in Canada
Vingroup Surges as EV Unit Seeks US Listing Via SPAC Deal
Shares of Vingroup JSC jumped after announcing its electric vehicle maker unit will list in the US by merging with a blank-check company at an equity value of about $23 billion. ...READ MORE
Tims China (THCH) Calls All Outstanding Warrants
TH International Limited (“Tims China”) (NASDAQ: THCH), the coffee shop chain that combined with Silver Crest, announced this afternoon that it has launched an offer to exchange all outstanding warrants for 0.24 Class A shares each. ...READ MORE
The Latest SPAC News and Rumors: May 12, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: The Board of the International Organization of Securities Commissions publishes a report to help its members enhance SPAC regulations
IOSCO publishes a report to help its members enhance SPAC regulations
The Board of the International Organization of Securities Commissions (IOSCO), has published a final report on Special Purpose Acquisition Companies (SPACs), which aims to help its members review or improve their approach to these companies. ...READ MORE
RMG III (RMGC) Intends to Do a Warrant Conversion
Warrant Conversion
Yesterday evening, RMG Acquisition Corp. III (RMGC) filed their documents in regards to their announced combination with H2B2 Electrolysis Technologies, Inc., but also included was that they intend to do a warrant conversion for shares for both the public and private warrants. ...READ MORE
EG Acquisition Corp. (EGGF) Postpones Extension Vote
EG Acquisition Corp. (NYSE:EGGF) announced this morning that it is pushing its extension vote from today to 12 pm ET May 19 to give it more time to engage with shareholders. ...READ MORE
Chain Bridge I (CBRG) Investors Complete Non-Redemption Purchases
Chain Bridge I (NASDAQ:CBRG) announced this morning that third-party investors had completed the purchase of 175,000 shares on the open market as a part of non-redemption agreements the SPAC has arranged. ...READ MORE
