Shopping Cart

Corner Growth Acquisition Corp. (COOL) Signs LOI with Noventiq

Teaser

Corner Growth Acquisition Corp. (COOL) Signs LOI with Noventiq

Feb 9, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Corner Growth Acquisition Corp. (NASDAQ: COOL) announced this morning that it has signed a letter of intent (LOI) to combine with cybersecurity solutions and services provider Noventiq (LSE: SFTL).

The London-based company enables and accelerates digital transformation for its customers’ businesses, connecting over 75,000 organizations from all sectors with hundreds of best-in-class IT vendors, alongside its own services and solutions. ...READ MORE

Pathfinder Acquisition Corp. (PFDR) Shareholders Approve Movella Deal

Feb 9, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced in an 8-K filing that its shareholders approved its combination with motion-capture technology company Movella at a special meeting February 8.

A total of 28,961,090 shares were redeemed in connection with the vote however, removing 89.1% of the SPACs trust and leaving $36.2 million remaining. ...READ MORE

Inflection Point (IPAX) Shareholders Approve Intuitive Machines Deal, But “No Votes” Were Heavier Than Normal

Feb 8, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Inflection Point Acquisition Corp. (NASDAQ:IPAX) announced this afternoon that its shareholders approved its combination with space services company Intuitive Machines at a special meeting held earlier today.

At the meeting, a total of 33,753,152, or 81.89%, of Inflection Point’s issued and outstanding ordinary shares were present either in person or by proxy.  ...READ MORE

agreement
latest-news

The Latest SPAC News and Rumors: February 8, 2023

Feb 8, 2023 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: Signa Sports reports loss following acquisition of Wiggle Group, and Mercato raises $400M growth fund

Billionaire Benko Writes Off $261 Million at Cycling Unit Wiggle

Austrian real estate investor and billionaire Rene Benko wrote off the expected benefits of a merger with cycling retailer Wiggle Group before injecting more capital into his troubled sports retail business. ...READ MORE

proxy vote

New Vista Acquisition Corp. (NVSA) Postpones Extension Vote

Feb 8, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

New Vista Acquisition Corp. (NASDAQ:NVSA) announced this morning that it is postponing its special meeting to extend its completion deadline from February 10 to 10 am ET February 15.

The SPAC’s sponsor will also now deposit $200,000 into the trust for each monthly extension up to $2.4 million if the full 12 months are required, bringing its new deadline to February 19, 2024. ...READ MORE

agreement

Mountain Crest III (MCAE) Shareholders Approve ETAO Deal

Feb 7, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Mountain Crest Acquisition Corp. III (NASDAQ:MCAE) announced this afternoon that its shareholders approved its combination with healthcare group ETAO at a special meeting held earlier today.

The filing did not divulge redemption figures or a closing time, but the SPAC’s shares dropped to a low of $9.10 on the day of its redemption deadline, below its estimated trust value of $10.00 per share. ...READ MORE

proxy vote

Crown PropTech Acquisitions (CPTK) Adjourns Extension Vote

Feb 7, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Crown PropTech Acquisitions (NYSE: CPTK) announced that it convened and then adjourned today’s special meeting, without conducting any business, to recommence on Thursday, February 9.

At the meeting, the SPAC is looking to gain shareholder approval to extend its completion deadline by an entire year from February 11, 2023, to February 11, 2024. ...READ MORE

proxy vote
latest-news

The Latest SPAC News and Rumors: February 7, 2023

Feb 7, 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: 26 Capital files lawsuit against Okada Manila and Canoo to sell $52M in stock to stay alive

Proposed SPAC partner 26 Capital files lawsuit against Okada Manila entities for failure to promptly act on merger

The US-based SPAC that has been planning a merger with the operating entities of Philippines integrated resort Okada Manila has filed a lawsuit against those entities claiming they have breached their obligations under their original merger agreement. ...READ MORE

proxy vote
proxy vote

FTAC Athena (FTAA) Cancels Extension Meeting

Feb 6, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

FTAC Athena (NASDAQ:FTAA) has announced that it will cancel its special meeting scheduled for Wednesday, February 15 to extend its transaction deadline.

The SPAC currently faces a completion deadline of February 25, but was hoping to gain shareholder approval at the meeting to extend its timeline up to six times for an additional one month each time, to August 25. ...READ MORE

excise tax
latest-news

The Latest SPAC News and Rumors: February 6, 2023

Feb 6, 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: Ex-SoFi CEO cuts funding targets and mulls spin offs, World View emphasizes remote sensing as it prepares to go public, and Rigetti faces delisting 

Ex-SoFi Boss Cuts Funding Targets for Blockchain Startup; Mulls Spin Offs

Mike Cagney, the former chief executive officer of lending giant SoFi, is searching for investors for his latest startup, Figure Technologies Inc. ...READ MORE

Teaser