The Latest Liquidations: April 3, 2023

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Hudson Acquisition I Corp. (HUDA) Announces LOI

Hudson Acquisition I Corp. (NASDAQ:HUDA) announced that it has signed a non-binding letter of intent (LOI) to combine with a pre-clinical-stage biotechnology company.

The SPAC did not provide many details on the unnamed target, but disclosed that the biotech company is focused on developing intranasal preventives for major disease-causing respiratory viruses. ...READ MORE

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The Latest SPAC News and Rumors: March 31, 2023


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

Latest SPAC News:  Shares of Digital World jump after Trump’s indictment, and pair of Delaware Chancery court decisions deny motions to dismiss SPAC shareholder’s fiduciary breach claims


Trump-Tied SPAC’s Shares Jump After Historic New York Charge

The criminal case against Donald Trump is providing a lift to the blank-check firm taking his media company public, as well as other stocks tied to the former president, as traders bet the news will drive traffic to conservative outlets. ...READ MORE

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Diamond Head Holdings Corp. (DHHC) Closes Great Southern Homes Deal

DiamondHead Holding Corps. (NASDAQ:DHHC) announced that it has closed its combination with Great Southern Homes and the combined company will be renamed United Homes Group.

The deal was approved by shareholders during a meeting last Thursday, and only 109,426 shares were redeemed in connection with the vote, but DiamondHead saw about 87% redemptions in total across all previous votes, leaving it with about $43.9 million in its trust. ...READ MORE

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Alpine Acquisition Corp. (REVE) Cancels Completion Vote, Announces Liquidation

Alpine Acquisition Corp. (NYSE:REVE) announced this afternoon that it has decided to cancel its completion vote tomorrow and will instead liquidate its trust.

Within the last month, the SPAC adjourned its special meeting a total of four times as it faced difficulties trying to finalize items necessary in order to complete its proposed merger with Two Bit Circus. ...READ MORE

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The Latest SPAC News and Rumors: March 29, 2023


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

Latest SPAC News:  DWAC regains compliance with Nasdaq, White & Case amicably resolves dispute with Colonnade II, and Nikola’s CFO steps down


Trump-backed SPAC Digital World regains compliance with Nasdaq listing

Digital World Acquisition Corp (NASDAQ:DWAC), a blank-check firm that is to merge with former U.S. ...READ MORE

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Trailblazer Merger Corporation I (TBMCU) Prices $60M IPO


Trailblazer Merger Corporation I priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TBMCU” Wednesday, March 29, 2023.

The SPAC intends to focus its search on companies operating in the technology industry in the following segments: cloud as a service, supply chain technologies, servicing the hybrid workforce and esports. ...READ MORE