RMG Acquisition Corporation III (NASDAQ:RMGC) announced this morning that it adjourned its special meeting to extend its transaction deadline to 10 am ET January 11.
The SPAC’s record date remains November 22 and the ballot is to be the same, but the move may give investors more time to consider the the LOI that RMG III announced with hydrogen technology company H2B2 four days ago. ...READ MORE
Priveterra Acquisition Corp. (NASDAQ:PMGM) and its biopharmaceutical target, AEON Biopharma, announced this morning that they have secured an additional $20 million in commitments from existing investors in connection to its business combination.
The SPAC brought about $276 million into the deal through its current trust but aside from today’s funding, it has not yet supplemented this with other committed sources of capital. ...READ MORE
Roth CH Acquisition IV Co.’s (NASDAQ:ROCG) target company, Tigo Energy, announced this afternoon that it has signed a definitive agreement with L1 Energy for $50 million of newly issued convertible notes.
The notes will bear a fixed annual interest rate of 5% with a maturity date of 36 months and may be converted at the option of the investor into shares of Tigo common stock or an equivalent equity created as a result of the company’s merger with ROCG. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Saxo Bank could give its external investors a new chance to cash in, including via an initial public offering, as early as this year, CEO Kim Fournais told Reuters, after plans to merge with Disruptive Capital AC, a blank-check company, collapsed last month. ...READ MORE
Paya (NASDAQ:PAYA), which completed a combination with FinTech III in October 2020, announced this morning that it has agreed to be acquired by its Canadian peer Nuvei (TSX:NVEI) in an all-cash transaction at $9.75 per share. ...READ MORE
TZP Strategies Acquisition Corp. (NASDAQ:TZPS) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 23, 2023. ...READ MORE
IG Acquisition Corp. (NASDAQ:IGAC) announced in an 8-K this afternoon that it has terminated its business combination with mobile gaming platform PlayUp and will instead liquidate its trust.
The SPAC today disclosed that it provided written notice to PlayUp that it was terminating the business combination, effective immediately. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Strapped for financing, online bulk-products retailer Boxed Inc. ...READ MORE
Small and medium-sized businesses (SMBs) are hard to market to and are routinely under-banked, so how can financial services firms reach them?
This week, we speak with Plastiq Founder and CEO Eliot Buchanan. ...READ MORE
Broad Capital Acquisition Corp. (NASDAQ:BRAC) announced this morning that it is bumping its shareholder vote from January 9 to 10:30 am ET, January 10.
The special meeting will seek approval for the SPAC to extend its transaction deadline from January 13 to October 13 in exchange for a $0.0625 per share monthly contribution to the trust over this period. ...READ MORE
DTRT Health Acquisition Corp. (NASDAQ:DTRT) announced in an 8-K this afternoon that it has received a notice of termination of its merger agreement from healthcare company Consumer Direct and will instead liquidate its trust. ...READ MORE
Fortune Rise Acquisition Corp. (NASDAQ: FRLA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with water fintech startup, Water On Demand (WODI).
Today’s LOI comes just a week after Fortune Rise announced that its sponsor had entered into and closed a membership interest purchase and transfer agreement with the water fintech company pursuant to which WODI purchased 100% of the membership interest of the sponsor. ...READ MORE
DTRT Health Acquisition Corp. (NASDAQ:DTRT) announced in an 8-K this afternoon that it has received a notice of termination of its merger agreement from healthcare company Consumer Direct and will instead liquidate its trust. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Newsight Imaging Ltd. ...READ MORE
