The Latest SPAC News and Rumors: November 4, 2022

Nov 4, 2022 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: Helios in talks to merge with Onyx, Alec Gores plans to shut down trio of SPACs early, and Nikola says electric-truck deliveries to fall short of plans

Citadel Alum’s SPAC Is in Talks to Merge With Helios Assets

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

Where Are They Now? – DraftKings

Nov 4, 2022 Headline Post, INTEL by Nicholas Alan Clayton

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

SPAC Lock-Up Expirations to Watch in November

Nov 3, 2022 Headline Post, INTEL by Nicholas Alan Clayton

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Digital World (DWAC) Adjourns Extension Vote Sixth Time to November 22

Nov 3, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Nicholas Alan Clayton

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. (FLME) to Combine with Sable Offshore in $883M Deal

Nov 3, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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

The Latest SPAC News and Rumors: November 3, 2022

Nov 3, 2022 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: DWAC delays meeting, Opendoor Technologies lays off 18% of workforce, and Bakkt to acquire Apex Crypto

Trump Media-Tied SPAC Still Can’t Get the Votes, Delays Meeting

The SPAC taking Donald Trump’s media venture public is running into a roadblock: Its own investors. ...READ MORE

Model Performance (MPAC) Adds $12M PIPE to MultiMetaVerse Deal

Nov 3, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

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

10X Capital Venture II (VCXA) to Combine with African Agriculture in $450M Deal

Nov 3, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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Maquia Capital (MAQC) Adjourns Extension Vote

Nov 3, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

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

New SPAC: Iron Horse Acquisitions Corp. Files for $100M IPO

Nov 2, 2022 Headline Post, INTEL, New S-1 Filings by Marlena Haddad

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

The Latest SPAC News and Rumors: November 2, 2022

Nov 2, 2022 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: Bitcoin Depot announces acquisition of majority interest in Bitaccess, Lockheed Martin increases its bet on Terran Orbital with $100M investment, and ProSomnus announces FDA clearance

Bitcoin Depot Announces Acquisition of Majority Interest in Bitaccess, a Leading Bitcoin ATM Software Provider

Lux Vending, LLC dba Bitcoin Depot, a U.S.-based ...READ MORE

Podcast: Getaround Founder & CEO Sam Zaid and Interprivate II Chairman & CEO Ahmed Fattouh

Nov 2, 2022 Headline Post, INTEL, Podcasts & Webinars by Kristi Marvin

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. (NOAC) to Liquidate Trust

Nov 1, 2022 Headline Post, INTEL by Marlena Haddad

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

Breeze Holdings Acquisition Corp. (BREZ) to Combine with TV Ammo in $1.2Bn Deal

Nov 1, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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The Latest SPAC News and Rumors: November 1, 2022

Nov 1, 2022 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: Circle’s SPAC partner looks to delay merger until 2023, and Intuitive Machines opens Houston’s first engine verification facility

Circle’s SPAC Partner Looks to Delay $9 Billion Acquisition of Stablecoin Issuer Until 2023

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 (PV) Removes Bonus Pool, Secures $95M PIPE

Nov 1, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

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

Welsbach Technology Metals Acquisition Corp. (WTMA) to Combine with WaveTech in $228M Deal

Nov 1, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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Future Health ESG (FHLT) Terminates Deal with Excelera Health

Nov 1, 2022 Headline Post, INTEL by Marlena Haddad

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

Oct 31, 2022 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: 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

Phoenix Biotech (PBAX) to Combine with Intrinsic Medicine in $207M Deal

Oct 31, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

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