Lidar-maker Ouster (NYSE: OUST) and autonomous vehicle technology company Velodyne Lidar (NASDAQ: VLDR) announced this morning that the two de-SPACs have successfully completed their merger.
The lidar duo initially announced their all-share merger transaction just a few months ago in November, taking a step up to further consolidation in the autonomous vehicle technology sector. ...READ MORE
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced this morning that it has landed its combination with Intuitive Machines to close following a shareholder vote at its special meeting on February 8.
The combined company’s shares and warrants are expected to trade on Nasdaq under the ticker symbols “LUNR” and “LUNRW,” respectively, on February 14. ...READ MORE
Carney Technology Acquisition Corp. II (NASDAQ:CTAQ) announced today that it will be unable to complete a business combination and intends to dissolve and liquidate. Due ...READ MORE
FinServ Acquisition Corp. II (NASDAQ:FSRX) announced in an 8-K this afternoon that it has signed a non-redemption agreement with one or more unaffiliated third parties.
As part of the agreement, the parties have agreed to not redeem an aggregate of 400,000 shares of FSRX in connection with the SPAC’s upcoming meeting on February 20 to consider an extension. ...READ MORE
Aesther Healthcare Acquisition Corp. (NASDAQ:AEHA) announced this afternoon that it has entered into an amended $60 million OTC equity prepaid forward transaction with Vellar Opportunity Fund.
The backstop agreement comes a week after Aesther shareholders approved its combination with biotech firm Ocean Biomedical at a special meeting held on February 3, but the parties have not yet closed the deal. As ...READ MORE
Adara Acquisition Corp. (NYSE American: ADRA) announced this afternoon that it has closed its combination with physical media distributor Alliance.
Adara shareholders approved the combination on January 18, but submitted redemption requests to redeem approximately 99.043% of the SPAC’s trust, or 11.39 million shares of Class A common stock, out of the 11.5 million outstanding shares. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Southland Holdings, LLC announced today that a subsidiary in its Transportation segment, Johnson Bros., ...READ MORE
Why stop at one SPAC deal when you can do two SPAC deals? This week we speak with Wejo (NASDAQ:WEJO) CEO Richard Barlow.
Wejo announced a business combination with TKB Critical Technologies 1 (NASDAQ:USCT) in January, about 15 months after it closed an earlier combination with Virtuoso Acquisition Corp. ...READ MORE
Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced this morning that it has closed its combination with motion-capture technology company Movella.
The combined company will operate as “Movella Holdings Inc.”, and its common stock and warrants are expected to begin trading on the Nasdaq under the ticker symbol “MVLA” and “MVLAW”, respectively, on February 13. ...READ MORE
Maxpro Capital (NASDAQ:JMAC) announced in an 8-K this morning that it has entered into a PIPE agreements adding $23.65 million to its combination with drug developer Apollomics.
Of these, $21.35 million was raised at $10 per share as “Series A preferred shares”. ...READ MORE
Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced in an 8-K filing this morning that it has added forward purchase agreements (FPAs) to backstop shares following the vote to complete its combination with aerospace hardware-maker Intuitive Machines. ...READ MORE
Bellevue Life Sciences Acquisition Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BLACU” Friday, February 10, 2023.
The new SPAC intends to acquire a target business in the healthcare industry, specifically in the biotechnology sector developing the next generation of biologics. ...READ MORE
Pono Capital Three, Inc. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PTHRU” Friday, February 10, 2023.
The new company intends to seek a target in the disruptive technology sector with a spotlight on companies in Asia with Japan in particular. ...READ MORE
Lazard Growth Acquisition Corp. I (Nasdaq: LGAC) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of February 22, 2023. ...READ MORE
Anzu Special Acquisition Corp. I (NASDAQ:ANZU) announced this morning that it adjourned today’s special meeting to extend its completion deadline and will now be held on February 21.
Anzu had previously filed to explain its redemption and excise tax procedure around the vote. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ocean Biomedical and Aesther Healthcare Acquisition Corp. ...READ MORE
