Tristar Acquisition I Corp. (NYSE:TRIS) announced in an 8-K this afternoon that it has terminated its non-binding letter of intent (LOI) with its unnamed target.
The LOI was announced just a few months ago in March, but by having this signed agreement in hand, it allowed the SPAC to automatically extend its transaction deadline by three months from April 18 to July 18. ...READ MORE
Mountain Crest Acquisition Corp. V (NASDAQ:MCAG) announced in an 8-K that it has received a termination notice from biotech firm AUM Biosciences.
The SPAC did not disclose a reason for the breakup, but saw redemptions wipe out 92.33% of its trust during a May extension meeting, leaving it with $5.49 million post-vote. ...READ MORE
Coliseum Acquisition Corp. (NASDAQ: MITA) announced this afternoon that it intends to adjourn its special meeting, originally scheduled to be held on June 20, until June 22 due to a change in its extension proposal. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
ESH Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ESHAU” Wednesday, June 14, 2023.
The company intends to focus its search on businesses that are focused on the global entertainment, sports, and hospitality sectors. ...READ MORE
Malacca Straights (NASDAQ:MLAC) announced today that it has mutually terminated its merger agreement with Indiev, effective as of June 8. ...READ MORE
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced in an 8-K this afternoon that it will adjourn its special meeting to approve its combination with AEON Biopharma from noon today to the same time on June 15, marking the third adjournment for the meeting. ...READ MORE
Frontier Investment Corp. (NASDAQ: FICV) announced this afternoon that its chairman has decided to adjourn its special meeting, originally scheduled to be held on June 16, until June 22.
As a result of the postponement, the redemption deadline will also be extended until June 20. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Supermoney and Dutch special purpose acquisition company VAM SPAC have signed a binding accord aimed at taking the online price comparison provider public, the companies said on Monday. ...READ MORE
Prospector Capital (NASDAQ:PRSR) has entered into a definitive agreement to combine with autonomous driving technology firm LeddarTech at an equity value of $348 million.
Québec City-based LeddarTech is developing a software suite to help vehicles process information from sensors for autonomous and assisted driving platforms. ...READ MORE
LF Capital Acquisition Corp. II (NASDAQ: LFAC) announced this morning that it is postponing its extension meeting from 11 a.m. on June 13 until 5 p.m. on June 26.
In connection with the postponement, LF II also revised its proxy statement which would allow the company to extend its completion date from August 19 to November 19 by increasing the number of one-month extensions from six to nine extensions by depositing the lesser of $200,000 or $0.03 per share of Class A common stock per extension. ...READ MORE
On June 9 and June 12, 2023, Acropolis Infrastructure Acquisition Sponsor, L.P., the sponsor of Acropolis Infrastructure Acquisition Corp. ...READ MORE
G Squared Ascend II Inc. (NYSE: GSQB) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on June 16, 2023. ...READ MORE
Metals Acquisition Corp. (NYSE:MTAL) has executed 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 secured $52 million in committed financing. ...READ MORE
Swiftmerge Acquisition Corp. (NASDAQ: IVCP) announced this afternoon that it has adjourned today’s meeting until Thursday, June 15, at 3:00 p.m.
The SPAC’s Chairman determined to postpone the meeting in order to allow for additional voting on the extension proposal which would extend Swiftmerge’s timeline from June 17, 2023 to March 15, 2024. ...READ MORE
CF Acquisition Corp. VII (NASDAQ: CFFS) announced this afternoon that it is postponing its extension meeting, originally scheduled for June 14, until 10 a.m. ET on June 16.
In connection with the postponed meeting, CFFS has also extended the redemption deadline to 5 p.m. ...READ MORE
Inception Growth Acquisition Limited (NASDAQ: IGTA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with AI company AgileAlgo.
Singapore-based AgileAlgo is a maker of enterprise-grade natural language code generator for machine-learning and data management platforms. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Russian metal industry veteran Artem Volynets’ blank check firm agreed to acquire two Brazilian mines for $1 billion including debt in a bid to tap demand from electric-vehicle makers. ...READ MORE
Minority Equality Opportunities (NASDAQ:MEOA) announced this morning that it postponing its special meeting to complete its combination with cloud services firm Digerati (OTC:DTGI) for a fifth time, now to June 30. ...READ MORE
