In connection with the special meeting called by the KnightSwan Acquisition Corp. (NYSE:KNSW) to approve an extension from July 25, 2023 to July 25, 2024, shareholders holding an aggregate of 18,355,353 of Class A ordinary shares exercised their right to redeem their shares. ...READ MORE
Enterprise 4.0 Technology Acquisition Corp. (NASDAQ:ENTF) announced today that it will be unable to consummate an initial business combination and intends to dissolve and liquidate. ...READ MORE
Colombier Acquisition Corp. (NYSE: CLBR) announced this afternoon that its shareholders approved its combination with values-based marketplace PublicSq at a special meeting held earlier today.
After accounting for stockholder redemptions, PublicSq. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Alpha Partners Technology Merger Corp. (NASDAQ:APTM) announced in an 8-K this morning that it has signed a non-binding letter of intent (LOI) to combine with 3D printing firm Glowforge.
The SPAC has thus far released no other details on the proposed merger beyond that Glowforge’s existing shareholders would be expected to roll 100% of their equity into the combined entity. ...READ MORE
PowerUp (NASDAQ:PWUP) announced in an 8-K this morning that it has sold a large portion of its sponsor stake to SRIRAMA Associates in exchange for the investor taking on management responsibilities for the SPAC. ...READ MORE
As previously disclosed, Deep Medicine Acquisition Corp. (NASDAQ:DMAQ) and its sponsor, Bright Vision Sponsor LLC, have entered into certain non-redemption agreements with certain unaffiliated third parties in connection with the special meeting on July 13. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
As former President Donald Trump’s Truth Social experienced trouble in the past few months, the company’s head of engineering announced his resignation, which dealt a significant setback to the social media platform.
Freedom I (NYSE:FACT) announced this morning that it has closed its combination with residential solar developer Complete Solaria and the combined company’s shares and warrants are expected to trade on the Nasdaq under the symbols “CSLR” and “CSLRW” later today, July 18. ...READ MORE
Tristar Acquisition I Corp. (NYSE:TRIS) announced in a filing this afternoon that it has adjourned its special shareholder meeting until tomorrow, July 18, at 4 pm ET.
The SPAC conducted the meeting as scheduled today but could not confirm the presence of enough attendees to establish a quorum. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Pardes Biosciences (NASDAQ:PRDS), which combined with FS Development Corp. II in December 2021, announced that it has agreed to be acquired by MediPacific for $2.02 to $2.19 per share for a premium of 8%-17% over its last closing price. ...READ MORE
Portage Fintech Acquisition Corporation (NASDAQ:PFTA) announced in a filing this morning that it has postponed its special shareholder meeting two days to 10 am ET July 21 from July 19.
Shareholders are to consider giving Portage Fintech a one-year transaction deadline extension, pushing the SPAC’s out to July 31, 2024 in exchange for no new contribution to its trust. ...READ MORE
On July 14, 2023, Portage Fintech Acquisition Corporation (NASDAQ:PFTA) and its sponsor entered into non-redemption agreements with certain unaffiliated third parties in exchange for the Holder or Holders agreeing either not to request redemption in connection with the Extension or to reverse any previously submitted redemption demand in connection with the Extension with respect to an aggregate of 200,000 Class A ordinary shares. ...READ MORE
Sustainable Development Acquisition I Corp. (NASDAQ: SDAC) announced today that the directors of the company have determined to dissolve and liquidate the company. ...READ MORE
Digital Health Acquisition Corp (NASDAQ:DHAC) announced in an 8-K this afternoon that its PIPE investors will not close the financing in connection with its business combination with telehealth software firm VSee and digital healthcare provider iDoc. ...READ MORE
Alpha Healthcare Acquisition Corp. III (NASDAQ:ALPA) announced this afternoon that it has closed its combination with drug developer Carmell having secured shareholder approval at a special meeting on July 11.
The combined company’s shares and warrants are expected to begin trading on the Nasdaq under the symbols “CTCX” and “CTCXW” on July 17. ...READ MORE
