The Latest Liquidations: May 4, 2023

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The Latest Non-Redemption Agreements: May 4, 2023

Latest Non-Redemption Agreements: Pono Capital Two, and Roth CH Acquisition V Co.


Pono Capital Two (PTWO) Adds Non-Redemption Agreement

On May 3, 2023, Pono Capital Two (NASDAQ:PTWO) entered into non-redemption agreements with certain unaffiliated stockholders owning, in the aggregate, 773,682 shares of the Company’s Class A common stock, pursuant to which such stockholders agreed, among other things, not to redeem or exercise any right to redeem such public shares in connection with the extension. ...READ MORE

Galata Acquisition Corp. (GLTA) Amends Deal for Marti

Galata Acquisition Corp. (NYSE: GLTA) announced this afternoon that it has amended its business combination agreement and subscription agreements in connection to its proposed merger with Turkish mobility app Marti.

As part of the amendment, Galata will no longer be required to have a minimum of $50 million in cash on hand, which was previously waived by Marti. ...READ MORE

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Corner Growth Acquisition Corp. (COOL) to Combine with Noventiq in $800M Deal

Corner Growth Acquisition Corp. (NASDAQ:COOL) has entered into a definitive agreement to combine with software firm Noventiq (LSE:NVIQ) at an enterprise value of $800 million, or 0.4x its FY2021 revenue.

The London-based company helps companies lead internal digital transformations to drive efficiencies in their IT, cloud storage and cybersecurity systems. ...READ MORE

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The Latest Non-Redemption Agreements: May 3, 2023

Latest Non-Redemption Agreements: 10X Capital Venture Acquisition Corp. II, New Providence Acquisition Corp. II, Roth CH Acquisition V Co., and Apollo Strategic Growth Capital II


10X Capital Venture Acquisition Corp. II (VCXA) Adds Non-Redemption Agreement

On May 2, 2023, certain investors of 10X II entered into non-redemption agreements with 10X II (NASDAQ:VCXA) and 10X Capital SPAC Sponsor II LLC. ...READ MORE

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The Latest SPAC News and Rumors: May 3, 2023


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Bridgetown Holdings nears merger with Hyphen, Bhutan’s investment arm and Bitdeer plan a $500M fund for crypto mining, and Ares’s $500M SPAC marks return of jumbo blank-check firms


Billionaire-Thiel Backed SPAC Is Said to Near Merger With Hyphen 

Bridgetown Holdings Ltd. ...READ MORE

OceanTech Acquisitions I Corp. (OTEC) to Combine with Regentis Biomaterials in $95M Deal

OceanTech I (NASDAQA:OTEC) has entered into a definitive agreement to combine with regenerative medicine company Regentis at a $95 million valuation.

Or-Akiva, Israel-based Regentis has been working to commercialize its GelrinC orthopedic therapy to repair cartilage damage in knees and has already received a CE mark in Europe as a medical device. ...READ MORE

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Compute Health Acquisition Corp. (CPUH) Tweaks Allurion Deal

Compute Health (NYSE:CPUH) announced in an 8-K this morning that it has made a number of amendments to its business combination with Allurion, shifting its financing arrangements.

The bulk of the new financing changes affect the $16.75 million in convertible bridge notes that Allurion issued in February with Hunter Ventures Limited taking on $13 million of these. ...READ MORE

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The Latest SPAC News and Rumors: May 1, 2023


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: SRIVARU announces the launch of Prana 2.0 intelligent battery system


SRIVARU Announces Launch of Prana 2.0 Intelligent Battery System

SRIVARU, a commercial-stage provider of premium electric motorcycles, today announced the launch of SRIVARU’s Prana 2.0 intelligent battery system. ...READ MORE