East Stone (NASDAQ:ESSC) announced this morning that yesterday’s special meeting to approve its combination with EV-maker ICONIQ has been adjourned to today, November 8, at 3:00 p.m.
The SPAC did not disclose why the meeting was adjourned, but as of the redemption deadline on November 3, East Stone had received requests to redeem a total of 3,111,717 ordinary shares. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ouster (NYSE:OUST) and Velodyne (NASDAQ:VLDR), two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. ...READ MORE
10x Capital Venture II (NASDAQ:VCXA) announced this afternoon that it has secured investors for a backstop non-redemption agreement in connection to its proposed merger with alfalfa farmer African Agriculture just a day after their deal announcement. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Africa-focused private equity firm Helios Investment Partners is in talks to merge two of its portfolio companies with blank-check firm Onyx Acquisition Co. ...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 contributors Anthony Sozzi and Sam Beattie. ...READ MORE
Digital World (NASDAQ:DWAC) has postponed its shareholder vote to extend its transaction deadline for a sixth time, this time to November 22.
Although the SPAC has not yet formally announced the move, Bloomberg reported that it was explained during Digital World’s special meeting earlier this morning. ...READ MORE
Flame Acquisition Corp. (NYSE:FLME) has entered into a definitive agreement to combine with energy company Sable Offshore at an enterprise value of $883 million.
Sable Offshore is set to purchase the Santa Ynez Unit (SYU) offshore oil field and its associated onshore facilities off the coast of California. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The SPAC taking Donald Trump’s media venture public is running into a roadblock: Its own investors. ...READ MORE
Model Performance (NASDAQ:MPAC) announced this morning that it has added a $12 million PIPE to its combination with MultiMetaVerse, bringing the total PIPE to $22 million.
The recent subscription agreement comes from Prominence Investment Management Ltd pursuant to which the investor has agreed to purchase an aggregate of 1,200,000 Class A Ordinary Shares of MPAC at a price per share of $10. ...READ MORE
Maquia Capital (NASDAQ:MAQC) announced this afternoon that it intends to adjourn its special meeting today, November 3, to Friday, November 4.
The special meeting was being held to consider the proposal of amending and extending MAQC’s transaction deadline by which it must complete its initial business combination. ...READ MORE
Following almost a month without any new S-1 registration statements, Iron Horse Acquisitions Corp. (NYSE:IRON) filed its S-1 yesterday afternoon for a $100 million IPO as the first SPAC to file for an IPO in November thus far. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Lux Vending, LLC dba Bitcoin Depot, a U.S.-based ...READ MORE
Is it possible to do to the car rental industry what Airbnb has done for travel accommodation? That is Getaround’s thesis as it runs a marketplace where people can rent out their personal cars for short trips, and it announced a $900 million combination agreement with Interprivate II Acquisition Corp. ...READ MORE
Natural Order Acquisition Corp. (NASDAQ: NOAC) announced in a press release this afternoon that due to its inability to complete a business combination, it will dissolve and liquidate its trust.
The SPAC, which originally had a completion deadline of November 13, anticipates that it shares will stop trading on the Nasdaq on November 10. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Concord Acquisition Group (NYSE:CND) is planning to delay its already-postponed purchase of Circle Internet Financial, primary issuer of the USD Coin cryptocurrency, until the end of January, a filing with the Securities and Exchange Commission indicated. ...READ MORE
Primavera Capital (NYSE:PV) announced this morning that it has made an amendment to remove its bonus pool of shares for non-redeeming shareholders and has secured an additional $95M PIPE subscription in connection to its combination with the Lanvin Group. ...READ MORE
