The Latest SPAC News and Rumors: July 10, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Starton Therapeutics to conduct Phase 1b trial in multiple Myeloma with a global Clinical Research Organization
Starton Therapeutics Contracts Global Clinical Research Organization to Conduct STAR-LLD Phase 1b Clinical Trial in Multiple Myeloma
Starton Therapeutics Inc.,
Alpha Healthcare III (ALPA) Adds FPA to Carmell Therapeutics Deal
Alpha Healthcare III (NASDAQ:ALPA) announced in an 8-K this morning that it has signed a forward purchase agreement (FPA) and a non-redemption agreement to support its combination with biotech firm Carmell. ...READ MORE
SPAC IPO Terms Tracker: July 7, 2023
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The Latest Liquidations: July 7, 2023
Latest SPAC Liquidations: Belong Acquisition Corp.
Belong Acquisition Corp. (BLNG) to Liquidate on July 27
Belong Acquisition Corp. (NASDAQ:BLNG) today announced that it intends to dissolve and liquidate, effective as of the close of business on July 27, and will redeem all of the outstanding shares of Class A common stock. ...READ MORE
The Latest SPAC News and Rumors: July 7, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Next.e.GO Mobile SE secures $75M financing, FC Barcelona plans to list its digital unit on Nasdaq via SPAC, and VinFast said to plan 3Q Nasdaq listing
Next.e.GO
Galata Acquisition Corporation (GLTA) Shareholders Approve Marti Deal
Galata Acquisition Corporation (NASDAQ:GLTA) announced this morning that it secured shareholder approval for its combination with e-mobility company Marti at a shareholder vote July 6.
The parties expect to close the transaction July 10 and the combined company’s shares and warrants are set to begin trading on the NYSE American the following day under the symbols “MRT” and “MRTW”, respectively. ...READ MORE
The Latest Non-Redemption Agreements: July 6, 2023
Latest Non-Redemption Agreements: Andretti
Andretti Acquisition Corp. (WNNR) Adds Non-Redemption Agreement
On July 6, Andretti Sponsor, L.P., and Andretti Acquisition Corp. (NYSE: WNNR) entered into a non-redemption agreement with an unaffiliated third party.
Pursuant to the Non-Redemption Agreement, the Investor agreed not to redeem an aggregate of 350,000 Class A ordinary shares of the company. ...READ MORE
The Latest Liquidations: July 6, 2023
Latest SPAC Liquidations: Viscogliosi Brothers Acquisition Corp.
Viscogliosi Brothers Acquisition Corp. (VBOC) to Liquidate on July 11
The board of directors of Viscogliosi Brothers Acquisition Corp. (NASDAQ:VBOC) announced today that it has canceled the special meeting of stockholders scheduled to be held on July 3, and that it will be unable to consummate an initial business combination by July 11. ...READ MORE
DUET Acquisition Corp. (DUET) Signs LOI with Fenix 360
DUET Acquisition Corp. (NASDAQ:DUET) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with global social media company Fenix 360.
Singapore-based FENIX360 states that it is an artist centric, multi genre social media platform that has been created to help independent artists and creatives monetize their art much more lucratively. ...READ MORE
The Latest SPAC News and Rumors: July 6, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: ACG Acquisition receives Brazil antitrust approval for mine acquisition, and GEM to fund European Lithium’s development of Austrian mine
ACG Acquisition notes Brazil antitrust approval for mines acquisition
ACG Acquisition Co Ltd (LON: ACG) on Thursday said the Brazilian antitrust authority unconditionally approved its acquisition of mines in Brazil.
Andretti Acquisition Corp. (WNNR) Signs LOI with Generative AI Company
Andretti (NYSE:WNNR) announced this morning that it has signed a non-binding letter-of-intent (LOI) to combine with a generative AI software company.
The SPAC expects this to progress to a definitive combination agreement in this quarter. ...READ MORE
Tastemaker Acquisition Corp. (TMKR) Postpones Extension Vote
Tastemaker Acquisition Corp. (NASDAQ:TMKR) announced in an 8-K this afternoon that it has postponed its extension vote from July 7 to July 10.
As a result of the announcement, the SPAC will also extend its redemption deadline from July 5 until July 6. ...READ MORE
The Latest SPAC News and Rumors: July 5, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: DWAC reaches agreement with SEC, Joby set for record week after FAA approval, and Freightos launches new Airline Dashboard
Trump-tied SPAC reaches agreement with SEC staff over merger
A blank-check firm, which was set to merge with former U.S.
The Latest Liquidations: July 3, 2023
Latest SPAC Liquidations: Minority Equality Opportunities Acquisition Inc., and ARYA Sciences V
Minority Equality Opportunities Acquisition Inc. (MEOA) to Liquidate on July 3
Minority Equality Opportunities Acquisition Inc. (Nasdaq: MEOA) intends to dissolve and liquidate and will redeem all of the outstanding shares of Class A common stock at an estimated per-share redemption price of approximately $10.91. ...READ MORE
Kensington Capital Acquisition Corp. V (KCGI) Terminates Arrival Deal
Kensington Capital Acquisition Corp. V (NYSE:KCGI) announced this afternoon that it has mutually terminated its business combination with EV-maker Arrival (NASDAQ:ARVL).
The SPAC’s combination with Arrival was 2023’s second repeat de-SPACing as it followed in the footsteps of Wejo (NASDAQ:WEJO), which also completed a 2021 SPAC deal and then announced a new one in January with TKB Critical Technologies 1 (NASDAQ:USCT). ...READ MORE
Phoenix Biotech Acquisition Corp. (PBAX) Postpones Extension Vote
Phoenix Biotech (NASDAQ:PBAX) announced in an 8-K that it has postponed its extension vote from July 5 to 11 am ET July 7.
The SPAC’s existing transaction deadline falls on the following day, July 8, but its extension proposal would allow the Phoenix Biotech to extend this by one month up to six times for $0.03 per share contributions to its trust. ...READ MORE
East Resources Acquisition Company (ERES) Closes Abacus Life Combination
East Resources (NASDAQ:ERES) announced this morning that it has completed its combination with financial services firm after receiving shareholder approval at a special meeting on June 29.
The parties have not yet released redemption figures, but the SPAC had a minimum cash condition of just $1 million to clear. ...READ MORE
First Half of 2023 SPAC Market Review
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