The Latest Non-Redemption Agreements: May 17, 2023

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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

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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

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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

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