Foxwayne Enterprise Acquisition Corp. (NASDAQ:FOXW) has determined to liquidate its trust due to its inability to complete a business combination. ...READ MORE
Seaport Global Acquisition II Corp. (NASDAQ:SGII) announced in an 8-K filing this afternoon that it has signed one or more non-redemption agreements with third-party investors holding an aggregate of 200,000 shares of common stock. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Jack Creek (NASDAQ:JCIC) announced that its shareholders have approved its combination with Bridger Aerospace at a special meeting earlier today.
The parties have not yet released redemption figures, but the six SPACs that have completed deals since December 1 and reported results had an average of about 96.6% of shares redeemed. ...READ MORE
TKB Critical Technologies 1 (NASDAQ:USCT) announced that it has postponed its extension vote to Friday, January 27 at 4:00 p.m. ET.
The special meeting, originally scheduled for yesterday, is being held to vote on an amendment to extend TKB’s completion deadline from January 29 to June 29. ...READ MORE
Noble Rock Acquisition Corp. (NASDAQ:NRAC) and Constellation Acquisition Corp. I (NYSE:CSTA) announced this morning that they have each announced changes to their upcoming extension votes.
Noble Rock is moving its vote from January 25 to 10 am ET January 27. ...READ MORE
Blockchain Coinvestors I (NASDAQ:BCSA) announced in an 8-K filing this morning that it has signed non-redemption agreements with unaffiliated investors to keep more cash in its trust through its January 27 extension vote. ...READ MORE
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced that it has pushed its extension vote back until Monday, February 6.
The special meeting, which was originally scheduled for Tuesday, January 24, is being postponed so that PMGM will have additional time to engage with its shareholders. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Quantum computing company IonQ (NYSE:IONQ) is opening a new manufacturing facility in Bothell, dubbing the Seattle area its North American production headquarters on its quest to develop a new kind of computer. ...READ MORE
Anzu Special Acquisition Corp. I (Nasdaq: ANZU) filed their definitive proxy on Friday for their extension vote to be held on February 9th. What remained in the definitive proxy was their ability to remove earned interest from the trust account to pay for any excise tax due to redemptions. ...READ MORE
Armada I (NASDAQ:AACI) announced this morning that it has agreed to distribute up to 75,000 promote shares (1.5%) to “one or more third parties” in exchange for them not redeeming shares at the SPAC’s upcoming extension vote. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
FoxWayne Acquisition Corporation (NASDAQ: FOXW) announced in an 8-K this afternoon that it has mutually terminated its combination agreement with dating app developer Clover.
Although the SPAC did not disclose why the parties nixed the deal, the termination comes just a day after the company held its extension vote. ...READ MORE
Digital Health (NASDAQ:DHAC) announced this afternoon that it has entered into a backstop agreement in connection to its proposed merger with telehealth software firm VSee and digital healthcare provider iDoc.
Under the agreement, the sponsor is committed to purchase any and all additional PIPE shares and accompanying warrants that remain unpurchased by the PIPE investors in the additional PIPE offering at the same purchase price and on the same terms and conditions of the backstop commitment. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ashley Johnson, chief financial officer for Planet Labs PBC (NYSE: PL), said the satellite-imaging company made the right call to go public by combining with a special-purpose acquisition company—better known as a SPAC. ...READ MORE
Armada I (NASDAQ:AACI) announced this morning that it has postponed its extension vote from 1 pm ET January 20 to the same time January 30, while noting that a recent proposed accounting change would not affect its redemption rate. ...READ MORE
North Atlantic (NASDAQ:NAAC) announced that it has pushed its extension vote one day from 9:30 am ET January 24 to 4 pm ET January 25 and would tweak its contribution to the trust. ...READ MORE
Thrive Acquisition Corporation (NASDAQ: THAC) announced today that it intends to liquidate and dissolve, effective as of the close of business on January 25, 2023, and will redeem all of the outstanding Class A ordinary shares at an anticipated per-share redemption price of approximately $10.36. ...READ MORE