Kensington V (NYSE:KCGI) has entered into a definitive agreement to combine with EV-maker Arrival (NASDAQ:ARVL) at an enterprise value of $524 million.
Luxembourg-based Arrival manufactures EV cargo delivery vehicles using proprietary micro-factory manufacturing processes. ...READ MORE
In connection with the extension meeting of Banyan Acquisition Corporation (NYSE:BYN), the company and its sponsor have entered into a non-redemption agreement with an unaffiliated third party, pursuant to which such third party has agreed not to redeem an aggregate of 559,600 shares of Class A common stock. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Higher interest rates are sowing chaos across businesses and whole sectors of the market, according to “SPAC king” Chamath Palihapitiya. ...READ MORE
In connection with the special meeting of the stockholders of Atlantic Coastal Acquisition Corp. ...READ MORE
dMY Technology Group, Inc. VI (NYSE: DMYS) announced today that the independent and disinterested Directors made a reasonable determination, that it would not be in the best interests of those involved to proceed with the combination with Rain Enhancement Technologies. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Trump SPAC Digital World Acquisition (NASDAQ:DWAC), which is taking Donald Trump’s social media company and Truth Social app public, fell 8% as the former president was formally arraigned on charges related to alleged hush-money payments made during the 2016 presidential campaign. ...READ MORE
CIIG Capital Partners II (NASDAQ:CIIG) announced this morning that it intends to adjourn its April 12 special meeting to approve its combination with EV motorcycle company Zapp to Friday, April 14 at 10 am ET. ...READ MORE
SPACs have been searching hard for combination targets with lean balance sheets and strong cash flow. So, why not combine with a company that helps other companies develop lean balance sheets and strong cash flow? ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Virgin Orbit Holdings Inc. ...READ MORE
On March 31, 2023, Worldwide Webb Acquisition Corp. (NASDAQ:WWAC) entered into non-redemption agreements with certain unaffiliated third parties holding an aggregate of 4,935,000 Class A ordinary shares. ...READ MORE
TPG Pace Beneficial II Corp. (NYSE:YTPG) will redeem all of its outstanding Class A ordinary shares, effective as of April 17, 2023. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Boxed Inc. ...READ MORE
dMY Technology Group, Inc. VI (NYSE:DMYS) announced in an 8-K this morning that it has entered into a forward purchase agreement with Meteora in connection to its business combination with rainfall generation technology Rainwater Tech. ...READ MORE
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
