BurTech Acquisition Corp. (NASDAQ:BRKH) announced in an 8-K this morning that it has entered into non-redemption agreements with one or more investors covering up to 4,000,000 shares.
Its shareholders are heading to a vote at 11:30 am March 10 where they will consider extending the SPAC’s transaction deadline from March 15 to December 15. ...READ MORE
Tristar Acquisition I Corp. (NYSE:TRIS) announced in an 8-K this morning that it has entered into a non-binding letter of intent (LOI) to combine with an unnamed target company.
As per the terms of its prospectus, Tristar I may now automatically extend its transaction deadline by three months from April 18 to July 18 by dint of having the LOI in hand. ...READ MORE
Lead Edge Growth Opportunities, Ltd. (Nasdaq: LEGA) a special purpose acquisition company, today announced that it will commence the redemption of all of its outstanding Class A ordinary shares, effective as of the close of business on March 15, 2023. ...READ MORE
Lionheart III (NASDAQ:LION) announced this afternoon that it has secured a Standby Equity Purchase Agreement with YA II, managed by Yorkville Advisors Global, in connection to its previously approved deal with advanced materials company Security Matters. ...READ MORE
SPACs head into spring with a relatively short list of SPAC sponsors and de-SPAC’d companies reaching the end of their post-deal lock-ups. It is a highly international crop, however, with three of the seven companies newly freed to trade operating out of Asia. ...READ MORE
Sagaliam (NASDAQ:SAGA) announced this afternoon that Arabian Entertainment Company (AEC) intends to terminate their proposed merger, just a few months after their deal announcement.
On February 23, 2023, the company notified Sagaliam that since the SPAC did not receive subscription agreement commitments before December 15, 2022, it has chosen to terminate the merger. ...READ MORE
Altimar Acquisition Corp. III (NYSE:ATAQ) announced in an 8-K this afternoon that it adjourned its extension vote today without concluding any business and will reconvene the special meeting at 12:30 pm ET March 3. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Westrock Coffee Company (Nasdaq: WEST), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, announced today the Company has acquired Bixby Roasting Co., ...READ MORE
Viveon Health Acquisition Corp.(NYSE American: VHAQ) announced that it has signed a letter of intent (LOI) to combine with a platform focusing on cognitive care for the elderly and those with special needs. ...READ MORE
DHC Acquisition Corp (NASDAQ:DHCA) announced in an 8-K this morning that it has come to agreements with one or more investors to not redeem 400,000 shares.
If these investors still hold these shares through the SPAC’s March 3 extension vote, they will receive 150,000 promote shares (1.9%) once DHC has consummated a business combination. ...READ MORE
Northern Star Investment Corp. III (NYSE:NSTC) and Northern Star Investment Corp. IV (NYSE:NSTD) announced in 8-K filings this morning that they have each added to the shares covered by non-redemption agreements as they work to extend their transaction deadlines. ...READ MORE
HPX Corp. (NYSE:HPX) announced its shareholders have approved its combination with environmental and industrial solutions provider Ambipar Response at a special meeting held earlier today.
The deal was overwhelmingly approved as it received 7,133,547 votes in favor of the transaction and just 125,508 against it. ...READ MORE
TB SA Acquisition Corp. (Nasdaq: TBSA) today announced that as of the close of business on March 13, 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 the Company’s trust. ...READ MORE
Mount Rainier Acquisition Corp. (Nasdaq: RNER) announced that it has completed its combination with confidential computing developer HUB Cyber Security at a special meeting held earlier today.
The SPAC’s shareholders already approved the deal at a meeting held in early January, but originally anticipated closing the deal later in the month. ...READ MORE
European Biotech (NASDAQ:EBAC) announced its shareholders have approved its combination with biopharmaceutical firm Oculis at a special meeting held earlier today.
EBAC’s public shareholders holding 11,505,684 Class A ordinary shares, representing 90.21% of the trust, validly elected to redeem their public shares in connection to today’s meeting. ...READ MORE
Alpine Acquisition Corp. (Nasdaq: REVE) announced this afternoon that it has again adjourned its special meeting to complete its transaction with experiential entertainment company Two Bit Circus.
The SPAC originally intended to hold its special meeting on February 24, but adjourned it to today. ...READ MORE
Altimar Acquisition Corp. III (NYSE:ATAQ) announced this afternoon that it has entered into non-redemption agreements with several unaffiliated third parties.
Under the agreement, the parties will not redeem an aggregate of 95,760 Class A ordinary shares at ATAQ’s upcoming meeting to extend its completion deadline from March 8 to September 8. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Oxus Acquisition Corp. (NASDAQ:OXUS) has adjourned its extension vote today without conducting any business and will reconvene at 8:30 am ET March 2.
Shareholders are to consider extending the SPAC’s transaction deadline from March 8 to December 8 and allow the sponsor to convert its promote shares to Class A shares prior to the closing of a business combination. ...READ MORE