Future Health ESG (FHLT) Terminates Deal with Excelera Health
Future Health ESG (NASDAQ:FHLT) announced in an 8-K this morning that it has terminated its combination agreement with medical technology company Excelera Health.
This comes just a few weeks after the SPAC mutually terminated its $100 million PIPE and $20 million forward purchase agreement (“FPA”) with Variant Capital and Hakim. ...READ MORE
The Latest SPAC News and Rumors: October 31, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Brad Pitt’s Plan B in talks to sell stake to Mediawan, BuzzFeed allowed to block worker arbitration claims over IPO snafu, and Bright Machines raises $100M after pulling SPAC deal
Brad Pitt’s Plan B Is Said in Deal Talks With France’s Mediawan
Actor Brad Pitt’s Plan B Entertainment, the production company behind films like Moonlight and The Big Short, is in talks to sell a significant stake to French media conglomerate Mediawan, according to people with knowledge of the matter. ...READ MORE
SPAC IPO Terms Tracker: Heading Towards the End of the Month
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The Latest SPAC News and Rumors: October 28, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Palihapitiya blames the Fed for market conditions, Johannesburg Stock Exchange changes listing rules, and Zukin Certification Services partners with Banyan Risk to offer SPAC D&O insurance
Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him
Billionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve allowed to persist for years created the “perverted” market conditions he benefited from at the height of the Covid pandemic. ...READ MORE
Top 3 SPAC Targets – Southeast Asia
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in South and Southeast Asia. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Health Assurance Acquisition Corp. (HAAC) to Liquidate Trust
Health Assurance Acquisition Corp. (NASDAQ: HAAC) 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 originally had a completion deadline of November 17, but now expects its shares to stop trading on the Nasdaq as of the close of business on November 3. HAAC’s ...READ MORE
The Latest SPAC News and Rumors: October 27, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: FlyExclusive expands partnership with SmartSky, and Graphjet announces agreement with Quantum Science
FlyExclusive, SmartSky Expands Wi-Fi Partnership Ahead of IPO
After announcing last week that it would become a publicly traded company through a $600 million special purpose acquisition company merger, flyExclusive also shared that it was planning to purchase as many as 14 Cessna Citations from Textron Aviation. ...READ MORE
Ignyte Acquisition Corp. (IGNY) Shareholders Approve Peak Bio Deal
Ignyte Acquisition Corp. (NASDAQ:IGNY) announced this morning that its shareholders approved its combination with biopharmaceutical firm Peak Bio at a special meeting on October 25.
The press release did not divulge redemption figures, but noted that the vote received roughly 75% turnout and 75% approval. ...READ MORE
Podcast: FiscalNote Chairman, CEO, and Co-Founder Tim Hwang
The market is down, but so are valuations for private companies looking at their strategic options. There are now bargains to be had for recent de-SPACs looking to execute a post-listing roll-up strategy, according to FiscalNote Chairman, CEO and co-founder Tim Hwang. ...READ MORE
Bull Horn Holdings (BHSE) Shareholders Approve Coeptis Therapeutics Deal
Bull Horn Holdings Corp. (NASDAQ:BHSE) disclosed this afternoon that its shareholders have approved its combination with biopharmaceutical company Coeptis (OTC:COEP) in a special meeting held earlier today.
A total of 2,869,654 ordinary shares, or approximately 88.5% of Bull Horn’s outstanding public shares, were redeemed at today’s meeting. ...READ MORE
The Latest SPAC News and Rumors: October 26, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Saudi stock exchange CEO sees strong IPO pipeline, and Grove Collaborative products now available at more than 4,000 stores
Saudi stock exchange CEO sees strong IPO pipeline in busy year
The Middle East is having a banner year for IPOs on the back of high oil prices, investor inflows and strong demand for share sales. “What ...READ MORE
Mana Capital Acquisition Corp. (MAAQ) Shareholders Approve Cardio Diagnostics Deal
Mana Capital (NASDAQ:MAAQ) announced this morning that its shareholders approved its combination with biopharmaceutical firm Cardio Diagnostics in a special meeting held yesterday.
The press release did not disclose redemption amounts, but MAAQ traded below its trust value of $10 throughout its redemption deadline October 21, and closed yesterday at a low of $5.99. ...READ MORE
Cartesian Growth Corp (GLBL) Adds Bonus Pool to Alvarium Tiedemann Deal
Cartesian Growth Corporation (NASDAQ:GLBL) announced in an 8-K this morning that it has made a fourth amendment to its combination with wealth management firms Alvarium and Tiedemann, this time providing bonus shares to non-redeeming shareholders. ...READ MORE
Endurance Acquisition Corp. (EDNC) Shareholders Approve Satixfy Deal
Endurance Acquisition Corp. (NASDAQ:EDNC) announced this afternoon that its shareholders approved its combination with satellite company Satixfy at a special meeting held yesterday.
The SPAC announced in an 8-K at the beginning of the week that it has added additional financing to its deal in the form of a prepaid forward transaction wherein the investor will purchase up to 10,000,000 shares. ...READ MORE
Provident Acquisition Corp. (PAQC) Shareholders Approve Perfect Corp. Deal
Provident Acquisition Corp. (NASDAQ:PAQC) announced this afternoon that its shareholders have approved its combination with beauty tech brand Perfect Corp. at a special meeting held earlier today.
The press release did not disclose redemptions, however, Provident now expects the business combination to provide Perfect with approximately $118.5 million in gross proceeds. ...READ MORE
Venus Acquisition Corp. (VENA) Shareholders Approve VIYI Algorithm Deal
Venus Acquisition Corp. (NASDAQ:VENA) announced in an 8-K this afternoon that its shareholders have approved its combination with VIYI Algorithm at a special meeting held on October 21.
A total of 5,312,658 shares of VENA’s common stock, representing approximately 87.81% of the issued and outstanding shares were present at the meeting. ...READ MORE