Volta Inc. (NYSE:VLTA), which completed a combination with Tortoise Acquisition Corp. II in August 2021, announced this morning that it has agreed to be acquired by Shell, a subsidiary of Shell plc (NYSE: SHEL), in an all-cash transaction at $0.86 per share. ...READ MORE
Ares Acquisition Corporation (NYSE:AAC) announced this morning that it has decided to reschedule its January 24 shareholder meeting to 9:30 am ET February 2.
Shareholders will now have until January 31 to make redemption decisions. ...READ MORE
Global Partner Acquisition Corp. II (NASDAQ:GPAC) announced in an 8-K this morning that it has transferred control of its sponsor to affiliates of New York-based private equity firm Antarctica Capital Partners. ...READ MORE
Crown PropTech Acquisitions (NYSE:CPTK) announced in an 8-K this afternoon that it has agreed to sell most of its sponsor shares and will undergo a change in management.
CIIG Management III LLC entered into a securities assignment agreement with CPTK to purchase 5,662,000 Class B ordinary shares and 250,667 private placement warrants. ...READ MORE
Blockchain Coinvestors I (NASDAQ:BCSA) announced this afternoon that it has postponed its shareholder meeting to extend its transaction deadline.
The meeting, which was originally scheduled for January 18, will now take place at 11:30 a.m. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
As FTX battles with its bankruptcy proceedings, one of the four assets it put on sale, FTX Japan, has caught the interest of Tokyo-based financial services company Monex Group. ...READ MORE
Energem Corp. (NASDAQ:ENCP) announced this morning that it has secured a Standby Equity Purchase Agreement with YA II, managed by Yorkville Advisors Global, in connection to its proposed merger with sustainable materials maker Graphjet Technology. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Stanford Law Professor Michael Klausner’s legal push aimed at showing SPACs are a rip-off for everyday investors is going as well as he could have hoped. ...READ MORE
In this series we’ll be examining successful SPAC deals from the past both in the terms and circumstances of their de-SPAC processes and how they have weathered the storms that have followed after their public listings with research from SPACInsider contributor Anthony Sozzi. ...READ MORE
Israel Acquisitions Corp. priced its $125 million IPO and its units began trading on the Nasdaq under the symbol “ISRLU” Friday, January 13, 2023.
The Company intends to focus on high-growth technology companies that are domiciled in Israel, and that either carry out all or a substantial portion of their activities in Israel or have some other significant Israeli connection. ...READ MORE
SVF Investment Corp. (Nasdaq: SVFA) today announced that as of the close of business on January 27, 2023, the Company’s publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive their pro-rata share in its trust account. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Lucid Group Inc (NASDAQ:LCID) on Wednesday won the dismissal of a lawsuit accusing the luxury electric car maker of defrauding investors in the special-purpose acquisition company that helped take it public, by significantly overstating its production outlook. ...READ MORE
Fat Projects (NASDAQ:FATP) and Jack Creek (NASDAQ:JCIC) each announced this morning that they were postponing their upcoming extension votes.
Jack Creek is moving its vote originally scheduled for today, January 12, at 10 am ET to the same time January 24. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Onyx Acquisition Co. I (NASDAQ:ONYX) announced this afternoon that it has postponed its special meeting to extend its transaction deadline.
The meeting, which was originally scheduled for 9:30 a.m. ET on January 12, will now take place at 9:30 a.m. ...READ MORE
Mercato Partners Acquisition Corp. (NASDAQ: MPRA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with Nuvini S.A.
São Paulo, Brazil-based Nuvini acquires and manages a portfolio of high growth software-as-a-service companies. ...READ MORE
Berenson Acquisition Corporation I (NYSE:BACA) announced this afternoon that it adjourned today’s special meeting to extend its transaction deadline to 12 p.m. ET on February 7.
The SPAC currently has a completion deadline of March 30, but is seeking shareholder approval to extend it to September 30. ...READ MORE