The Latest Non-Redemption Agreements: April 27, 2023

Apr 27, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: AltEnergy Acquisition Corp.

AltEnergy Acquisition Corp. (AEAE) Adds Non-Redemption Agreement

On April 26, 2023 and April 27, 2023, AltEnergy Acquisition Corp. (NASDAQ:AEAE) and AltEnergy Acquisition Sponsor, LLC, the sponsor of the Company, entered into non-redemption agreements with certain unaffiliated third parties in exchange for the holder or holders agreeing either not to request redemption in connection with the extension or to reverse any previously submitted redemption demand in connection with the extension with respect to an aggregate of 1,250,000 Class A common stock. ...READ MORE

The Latest SPAC News and Rumors: April 27, 2023

Apr 27, 2023 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: Electriq Power to collaborate with SLO Climate Coalition

Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to All San Luis Obispo County Residents in Collaboration with the SLO Climate Coalition

Electriq Power (Electriq), a provider of intelligent energy storage and management for homes and small businesses, has today announced the signing of an agreement with SLO Climate Coalition (SLOCC) to deliver affordable, sustainable, and resilient energy to San Luis Obispo County residents through fully financed residential solar-plus-storage microgrids. ...READ MORE

Healthwell Acquisition Corp. I (HWEL) to Combine with Starton Therapeutics in $339M Deal

Apr 27, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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Podcast: SilverBox Capital’s Stephen Kadenacy and Joe Reece

Apr 27, 2023 Headline Post, INTEL, Podcasts & Webinars by Kristi Marvin

This week, we speak with Joe Reece and Stephen Kadenacy, from the SilverBox team. Joe and Stephen led the Boxwood Merger Corp. and SilverBox Engaged Merger Corp. I transactions, as well as recently priced the SilverBox Corp. ...READ MORE

Chain Bridge I (CBRG) Announces LOI Ahead of Vote

Apr 27, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Chain Bridge I (NASDAQ:CBRG) announced this morning that it has signed a letter of intent (LOI) to combine with an unnamed target company.

Shareholders will have this to consider as they vote at a May 5 special meeting to extend the SPAC’s transaction deadline from May 15 to November 15. ...READ MORE

Evo Acquisition Corp. (EVOJ) Terminates 20Cube Logistics Deal

Apr 27, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Evo Acquisition Corp. (NASDAQ:EVOJ) announced that it has mutually terminated its business combination with Singaporean logistics software firm 20Cube.

The parties did not provide the causes of the breakup, but noted that the sides had signed agreements to terminate on mutually acceptable terms. ...READ MORE

The Latest Non-Redemption Agreements: April 26, 2023

Apr 26, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Juniper II

Juniper II Corp. (JUN.U) Adds Non-Redemption Agreement

On April 25, 2023, Juniper II (NYSE:JUN.U) entered into additional Non-Redemption Agreements with 4 unaffiliated third parties. The additional holders agreed to either not request redemption in connection with the extension or to reverse any previously submitted redemption demand with respect to an aggregate of 1,600,000 shares of Class A Common Stock. ...READ MORE

The Latest Liquidations: April 26, 2023

Apr 26, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: Intelligent Medicine

Intelligent Medicine Acquisition Corp. (IQMD) to Liquidate on April 27

Intelligent Medicine Acquisition Corp. (NASDAQ:IQMD) today announced that because the company does not believe it will be able to consummate an initial business combination, it intends to dissolve and liquidate and will redeem all of the outstanding shares of Class A common stock at a per-share redemption price of approximately $11.22 based on the amount in trust as of April 24, 2023. ...READ MORE

AltEnergy Acquisition Corp. (AEAE) Postpones Extension Vote

Apr 26, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

AltEnergy Acquisition Corp. (Nasdaq: AEAE) announced this afternoon that it has postponed its April 27 special meeting to 12 pm ET on April 28.

At the special meeting, stockholders will be asked to vote on a proposal to extend the SPAC’s completion date from May 2, 2023, to May 2, 2024. ...READ MORE

The Latest SPAC News and Rumors: April 26, 2023

Apr 26, 2023 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: Bitcoin Depot reports preliminary first quarter 2023 results, and Marley Spoon to list on Frankfurt Stock Exchange via SPAC deal

Bitcoin Depot Reports Preliminary First Quarter 2023 Results

GSR II Meteora Acquisition Corp. ...READ MORE

Investcorp Europe Acquisition Corp. I (IVCB) to Combine with OpSec in $426M Deal

Apr 26, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Investcorp Europe I (NASDAQ:IVCB) has entered into a definitive agreement to combine with brand protection firm OpSec at an enterprise value of $426 million, or 1.9x its 2023E revenue.

London-based OpSec provides a wide range of services to companies to monitor and protect their brands and intellectual property both physically and digitally. ...READ MORE

CIIG Capital Partners II (CIIG) Adds FPA to Zapp Deal

Apr 26, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

CIIG Capital Partners II (NASDAQ:CIIG) announced in an 8-K this morning that it has secured a forward-purchase agreement for up to 10,000,000 shares as it works to close its combination with EV motorcycle-maker Zapp. ...READ MORE

The Latest Non-Redemption Agreements: April 25, 2023

Apr 25, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements: Apollo Strategic Growth Capital II, and Juniper II Corp.

Apollo Strategic Growth Capital II (APGB) Adds Non-Redemption Agreement

Apollo Strategic II (NYSE:APGB) today announced that it entered into a non-redemption agreement with an unaffiliated third party. ...READ MORE

The Latest Liquidations: April 25, 2023

Apr 25, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: NewHold Investment Corp. II

NewHold Investment Corp. II (NHIC) to Liquidate on April 25

NewHold Investment Corp. II (NASDAQ: NHIC) today announced that it will dissolve and liquidate promptly after April 25, 2023. ...READ MORE

Progress Acquisition Corp. (PGRW) Cancels Extension Vote

Apr 25, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Progress Acquisition Corp. (Nasdaq: PGRW) announced this afternoon that it has cancelled its April 26 special meeting.

The SPAC originally intended to hold the meeting on April 17, but adjourned it until tomorrow to permit further solicitation of proxies for its extension proposal. ...READ MORE

Apollo Strategic Growth Capital II (APGB) Postpones Extension Vote

Apr 25, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Apollo Strategic Growth Capital II (NYSE:APGB) announced this morning that it has postponed its April 28 special meeting to 9 am ET on May 5.

Shareholders will be voting on a proposal to allow Apollo Strategic to extend its transaction deadline up to nine months from May 12, 2023 to February 12, 2024. ...READ MORE

Blue World Acquisition Corporation (BWAQ) Postpones Extension Vote

Apr 25, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

Blue World Acquisition Corp. (NASDAQ:BWAQ) announced this morning that it has postponed its April 26 special meeting to 9 am ET May 2.

Shareholders will be voting on a proposal to allow Blue World to extend its transaction deadline up to nine times in one-month increments in exchange for contributions of $0.0295 per share to the trust each time. ...READ MORE

The Latest Liquidations: April 24, 2023

Apr 24, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: 7 Acquisition Corp.

7 Acquisition Corporation (SVNA) to Liquidate on May 10

7 Acquisition Corporation (Nasdaq: SVNA) today announced that it will redeem all of its outstanding Class A ordinary shares, with such redemption anticipated to be effective as of the close of business on May 10. ...READ MORE

TG Venture Acquisition Corp. (TGVC) Postpones Extension Vote

Apr 24, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

TG Venture Acquisition Corp. (NASDAQ: TGVC) announced that it has postponed its special meeting, originally scheduled to be held on April 27, until May 4.

In connection with the postponement of the meeting, the SPAC has further extended the redemption deadline until 5:00 p.m. ...READ MORE

Rice Acquisition Corp. II (RONI) Adds $275M PIPE to NET Power Deal

Apr 24, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Rice Acquisition Corp. II (NYSE: RONI) today announced an additional $275 million of PIPE commitments to its deal with clean natural gas producer NET Power, bringing the total committed capital to $510 million. ...READ MORE