Deep Lake Capital Acquisition Corp. (Nasdaq: DLCA) announced that it will liquidate and intends to redeem all of the outstanding Class A ordinary shares at a per-share redemption price of approximately $10.124. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
American Acquisition Opportunity Inc.’s ...READ MORE
Below is a summary of the 2022 SPAC market.
By all counts, the number of SPAC IPOs in 2021, at 613, was a high water mark not likely to be seen again in future years.
Marlin Technology Corporation (Nasdaq: FINM) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 17, 2023. ...READ MORE
Dune Acquisition Corporation (NASDAQ: DUNE) announced in an 8-K this afternoon that it has settled its lawsuit with equities trading platform TradeZero and mutually terminated its combination agreement.
As a refresher, Dune launched a lawsuit against its combination partner TradeZero in April 2022 claiming that its target, “fraudulently induced” it into entering the merger and “materially breached” that agreement, causing “irreparable injury” to the SPAC. ...READ MORE
AlphaTime Acquisition Corp. priced its $60 million IPO and its units began trading on the Nasdaq under the symbol “ATMCU” Friday, December 30, 2022.
The new SPAC intends to acquire businesses in Asia that have the potential to generate strong, stable, and increasing free cash flow, particularly businesses with predictable revenue streams and definable low working capital. AlphaTime ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
NWTN Inc. ...READ MORE
CENAQ Energy Corp. (NASDAQ:CENQ) in an 8-K filing gave an update this morning that its investors have not yet been able to raise the full $80 million PIPE that was initially intended at its deal announcement. ...READ MORE
Northern Star Investment Corp. II (NYSE:NSTB) and Pivotal Investment Corp. III (NYSE:PICC) both announced in morning filings that they have signed non-redemption agreements with shareholders in connection with their extension votes. ...READ MORE
MDH Acquisition Corp. (NYSE: MDH) announced that in accordance with the announced December 29, 2022 termination date set by its Board of Directors, the company expects to redeem all outstanding public shares by December 29, 2022. ...READ MORE
Fortune Rise Acquisition Corp. (NASDAQ: FRLA) announced this afternoon that it has entered into a membership interest purchase and transfer agreement resulting in a change in leadership.
On December 22, FRLA’s sponsor, Fortune Rise Sponsor LLC, entered into a purchase agreement with water fintech startup Water On Demand, Inc. ...READ MORE
2022 was the year of the SPAC steeplechase. Just when SPACs thought they had cleared one hurdle, they would turn the corner and find they needed to jump a new and deeper moat. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
When the market was booming, tech investors poured billions into companies designing new ways of farming. ...READ MORE
Mount Rainier Acquisition Corp (NASDAQ:RNER) announced in an 8-K this morning that it is pushing its vote to complete its combination with HUB Cyber Security that was originally scheduled for December 30. ...READ MORE
Northern Star Investment Corp. II (NYSE:NSTB) and Pivotal Investment Corp. III (NYSE:PICC) both announced this afternoon that their extension votes have once again been adjourned.
NSTB and PICC originally scheduled their meetings for December 22 when the pair decided to postpone the votes to today, December 28, to further engage with their stockholders and solicit redemption reversals. ...READ MORE
PHP Ventures Acquisition Corp (NASDAQ:PPHP) announced this morning that it is postponing its special meeting, originally scheduled for today, to December 30.
The SPAC intends to gain shareholder approval to extend its business combination timeline from February 16, 2023 to August 16, 2023. ...READ MORE
LightJump Acquisition Corp. (NASDAQ:LJAQ) announced this morning that its shareholders approved its combination with molecular food producer Moolec at a special meeting yesterday.
Although about 92% of shares voted in favor of the transaction, 2,716,176 also opted to redeem and leaves it temporarily with a public float of 51,034 shares. ...READ MORE
