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International Media Acquisition Corp. (IMAQ) Postpones Extension Vote

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International Media Acquisition Corp. (IMAQ) Postpones Extension Vote

Jan 26, 2023 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

International Media Acquisition Corp. (NASDAQ:IMAQ) announced this morning that its special meeting, originally scheduled for today, has been pushed back to tomorrow, January 27.

The postponement was due to a change in the terms of the funds being deposited into the company’s trust in connection with each extension to $385,541.10 being deposited for the initial 3 month extension and $128,513.70 being deposited for each additional monthly extension. ...READ MORE

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The Latest Liquidations: January 25, 2023

Jan 25, 2023 Headline Post, INTEL by Marlena Haddad

Latest SPAC Liquidations: North Atlantic Acquisition Corporation, G Squared Ascend I

North Atlantic to Liquidate on January 26

North Atlantic Acquisition Corporation (Nasdaq: NAAC), announced today that it has canceled its annual general meeting of shareholders that was previously scheduled for 4:00 PM Eastern time on January 25, 2023, and its Board of Directors has elected to dissolve and liquidate the company. ...READ MORE

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Acri Capital Acquisition Corp. (ACAC) Postpones Extension Vote

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

Acri Capital Acquisition Corp. (NASDAQ:ACAC) announced this afternoon that, upon approval of its board, it has postponed its extension vote from January 26 to February 8.

The company is hoping to amend the amount of the monthly deposit required for the trust account from $0.0333 for each public share to $0.0625 for each public share for up to nine times. ...READ MORE

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Pathfinder Acquisition Corp. (PFDR) Postpones Extension Vote

Jan 25, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced that it has postponed its extension vote from Wednesday, February 1 to Friday, February 17.

At the special meeting, Pathfinder is hoping to gain shareholder approval to extend its completion deadline from February 19 to May 19 and to further extend it by another month, for a total of four months, until June 19. ...READ MORE

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The Latest SPAC News and Rumors: January 25, 2023

Jan 25, 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: Circle blames SEC for deal collapse, Vacasa slashes 17% of workforce, and Hindenburg targets Adani Group after bets against Nikola

Circle Blames SEC for Collapse of $9B SPAC

Stablecoin company Circle says the SEC is to blame for its failure to go public. ...READ MORE

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Decarbonization Plus IV (DCRD) Shareholders Approve Hammerhead Resources Deal

Jan 25, 2023 Headline Post, INTEL by Marlena Haddad

Decarbonization Plus IV (NASDAQ:DCRD) announced in an 8-K this morning that its shareholders approved its combination with energy company Hammerhead Resources at a special meeting on January 23.

The filing did not include redemption figures or a closing timeline, but noted that about 78.3% of the SPACs outstanding shares participated, and all measures passed by wide margins. ...READ MORE

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Jack Creek Investment Corp. (JCIC) Shareholders Approve Bridger Deal

Jan 24, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Jack Creek (NASDAQ:JCIC) announced that its shareholders have approved its combination with Bridger Aerospace at a special meeting earlier today.

The parties have not yet released redemption figures, but the six SPACs that have completed deals since December 1 and reported results had an average of about 96.6% of shares redeemed. ...READ MORE

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