The Latest Non-Redemption Agreements: March 8, 2023

Mar 8, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Inception Growth and Byte

Inception Growth Acquisition Limited (IGTA) Adds Non-Redemption Agreement

On March 6, Inception Growth (NASDAQ:IGTA) and its sponsor, Soul Venture Partners LLC, entered into non-redemption agreements with certain unaffiliated third parties in exchange for such third parties agreeing not to redeem an aggregate of 2,100,000 shares of its common stock in connection with its extension vote on March 13. ...READ MORE

The Latest SPAC News and Rumors: March 8, 2023

Mar 8, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Lordstown Motors says it’s looking for a partner to fund EV output, House Subcommittee on Capital Markets to hold hearing on decline in public firms, and Drew Barrymore collaborates with Grove

Lordstown Motors warns startup needs a partner to fund EV output

Lordstown Motors Corp. ...READ MORE

The Growth for Good Acquisition Corporation (GFGD) to Combine with ZeroNox in $306M Deal

Mar 8, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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Lionheart III Corp. (LION) Closes Security Matters Deal

Mar 8, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Lionheart III (NASDAQ:LION) announced this morning that it has closed its deal with advanced materials company Security Matters (ASX:SMX).

The business combination was approved by shareholders at a special meeting held on January 30, but LION was unable to close the deal until now. ...READ MORE

KINS Technology Group Inc. (KINZ) Postpones Completion Vote for Inpixon

Mar 7, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

KINS Technology Group Inc. (NASDAQ:KINZ) announced in an 8-K this afternoon that it has postponed its special meeting to complete its transaction with workplace experience company Inpixon’s (NASDQ:INPX) CXApp application.

The completion vote was originally scheduled to be held tomorrow, March 8, but will now be pushed back until Friday, March 10 at 1:30 p.m. ...READ MORE

The Latest Liquidations: March 7, 2023

Mar 7, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: Arbor Rapha Capital Bioholdings Corp. I, SVF Investment Corp. 2, and Emerging Markets Horizon Corp.

Arbor Rapha Capital Bioholdings Corp. I (ARCK) Announces Intent to Liquidate on March 7

On March 3, 2023, Arbor Rapha Capital Bioholdings Corp. ...READ MORE

Banner Acquisition Corp. (BNNR) Signs LOI With Multiple Targets

Mar 7, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Banner Acquisition Corp. (NASDAQ: BNNR) this afternoon announced that it has entered into multiple non-binding letters of intent (LOI) with target companies in the property services sector.

The SPAC did not disclose exactly how many targets will be a part of this possible merger, but it intends to continue seeking additional acquisition targets that provide services in similar areas such as cleaning, HVAC, plumbing, landscaping, pest control, and residential solar. ...READ MORE

The Latest SPAC News and Rumors: March 7, 2023

Mar 7, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Amprius Technologies files for 5 GWh production facility, and Drilling Tools International announces distribution agreement with CT Energy for RotoSteer

Silicon anode battery producer files for 5 GWh production facility in Colorado

Amprius Technologies has signed a letter of intent to build a 775,000 square foot battery manufacturing facility capable of producing 5 GWh of silicon anode-based lithium-ion batteries in the coming years. ...READ MORE

Churchill Capital Corp V (CCV) Reveals LOI Target as Sustainable Living Innovations

Mar 7, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Churchill Capital Corp V (NYSE:CCV) this morning revealed that the letter of intent it has had pending for the past three months is with proptech firm Sustainable Living Innovations.

Sustainable Living produces panelized building systems for multifamily homes that are manufactured at its 91,000-square-foot Tacoma, Washington facility. ...READ MORE

The Latest Liquidations: March 6, 2023

Mar 6, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: First Reserve Sustainable Growth Corp., Supernova Partners Acquisition Company III

First Reserve Sustainable Growth Corp. (FRSG) to Liquidate on March 10

First Reserve Sustainable Growth Corp. (NASDAQ: FRSG) today announced that it will redeem all outstanding shares of its Class A common stock, effective as of the close of business on March 10, 2023. ...READ MORE

Genesis Growth Tech Acquisition Corp. (GGAA) Terminates Biolog-id Deal

Mar 6, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Genesis Growth Tech Acquisition Corp. (NASDAQ:GGAA) announced this afternoon that it has mutually terminated its deal with French medical software firm Biolog-id.

The SPAC originally signed a $312 million memorandum of understanding with the medical software company in August 2022 and intended on financing the combination with about $257.1 million from its trust but never supplemented this with a PIPE. ...READ MORE

The Latest SPAC News and Rumors: March 6, 2023

Mar 6, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Lucid Air Grand Touring fails to meet EPA mileage range, Embark Trucks to cut 70% of workforce, and Sonder to reduce employees by 14%

2022 Lucid Air Grand Touring Fails to Meet EPA Mileage Range

The highly anticipated 2022 Lucid Air Grand Touring (NASDAQ:LCID) needs to catch up to its EPA mileage range. ...READ MORE

The Latest Non-Redemption Agreements: March 6, 2023

Mar 6, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Latest Non-Redemption Agreements: Inception Growth, Vector II

Inception Growth Acquisition (IGTA) Inks Non-Redemption Agreement

Inception Growth (NASDAQ:NSTC) entered into a non-redemption agreement with investors securing 400,000 shares that will not be redeemed in connection with the special meeting to extend its transaction deadline by six months from March 13 to September 13. ...READ MORE

EF Hutton Acquisition Corporation I (EFHT) to Combine with E.C.D. Auto Design

Mar 6, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

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Kernel Group Holdings (KRNL) to Combine with AIRO in $847M Deal

Mar 6, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

To access this post, you must purchase 1 - User: Monthly Plan.

Silver Spike Acquisition Corp. II (SPKB) to Postpone Extension Vote

Mar 6, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

Silver Spike II (NASDAQ:SPKB) announced in an 8-K this morning that it intends to adjourn its special meeting set to be held at noon ET today and postpone it until the same time March 10 without conducting any business. ...READ MORE

SPAC IPO Terms Tracker: Closing Out February, Starting a New Month

Mar 4, 2023 Headline Post, INTEL by Kristi Marvin

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The Latest Liquidations: March 3, 2023

Mar 3, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: VPC Impact Acquisition Holdings II

VPC Impact Acquisition Holdings II (VPCB) to Liquidate on March 9

VPC Impact Acquisition Holdings II (NASDAQ: VPCB) today announced that it will redeem all of its outstanding Class A ordinary shares on March 21. ...READ MORE

Altimar III (ATAQ) Adjourns Extension Vote Again

Mar 3, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Altimar Acquisition Corp. III (NYSE:ATAQ) announced in an 8-K this afternoon that it has again adjourned its extension vote and will reconvene on March 6 at 4:00 p.m.

A total of 15,801,410 ordinary shares, representing approximately 81.42% of Altimar’s outstanding shares, participated in the meeting, so turnout was not an issue, but it is likely that redemption levels are not yet where the SPAC wants them to be. ...READ MORE

The Latest Non-Redemption Agreements: March 3, 2023

Mar 3, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Northern Star Investment Corp. III, Northern Star Investment Corp. IV, M3-Brigade II

Northern Star Investment Corp. III (NSTC) Enters Non-Redemption Agreement

Northern Star Investment Corp. III (NYSE:NSTC) entered into its fourth non-redemption agreement with several unaffiliated third parties in exchange for them agreeing not to redeem an aggregate of 1,400,000 shares in connection with the special meeting to extend its timeline from March 4 to September 4. ...READ MORE