Coliseum Acquisition Corp. (MITA) Sells Sponsor Ownership to Harry You

Coliseum Acquisition Corp. (NASDAQ:MITA) announced this afternoon that it has entered and completed a purchase agreement with its sponsor, and Berto LLC, an affiliate of Harry L. You.

As part of the agreement, the sponsor sold an aggregate of 2,625,000 Class B ordinary shares, and 2,257,500 private placement warrants to Berto for an aggregate purchase price of $1.00 plus an agreement to advance funds to the Coliseum in connection with the shareholder vote to approve the extension. ...READ MORE

Williams Rowland Acquisition Corp. (WRAC) Sells Sponsor Ownership

Williams Rowland Acquisition Corp. (NYSE:WRAC) announced this afternoon that it has entered into a securities purchase agreement with its sponsor, Jonathan Rowland and David B. Williams.

As part of the agreement, Williams Rowland sold its securities, consisting of 2,514,663 founder shares, and 5,550,000 warrants, to purchase shares of common stock for $300,000. ...READ MORE

Alpha Healthcare III (ALPA) Signs LOI with Post-Close Acquisition for Carmell Deal

Alpha Healthcare III (NASDAQ:ALPA) announced this morning that it has signed a non-binding LOI for its combination Carmell Therapeutics to acquire an unnamed commercial-stage biotech firm for about $65 million.

The consideration would come in the form of $8 million in cash and $57 million in combined Carmell stock at close plus $75 million in potential milestone payments paid out along the same split (12% cash and 88% shares). ...READ MORE

TKB Critical Technologies 1 (USCT) Terminates Wejo Deal, Adjourns Extension Vote

TKB Critical Technologies 1 (NASDAQ:USCT) announced a series of moves this morning that include terminating their combination with Wejo (OTC:WEJOQ), selling sponsor economics and postponing today’s extension meeting to 11:30 am ET June 28. ...READ MORE

GSR II Meteora Acquisition Corp. (GSRM) Adds $50M to Bitcoin Depot Deal

GSR II Meteora (NASDAQ:GSRM) announced this morning that it has added $50 million in funding to its combination with Bitcoin Depot through a mix of PIPE and non-redemption agreements.

PIPE investors have agreed to purchase 4,300,000 Series A Preferred shares, which will rank senior to common stock with regards to dividends and distributions but will not hold voting rights. ...READ MORE