Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ) announced in a press release this afternoon that its shareholders approved its combination with energy storage firm Dragonfly Energy at a special meeting held earlier today. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
One of the most prominent Anglo-Russian executives in the metals industry is seeking to raise $125mn for a new mining venture through a London-listed special purpose acquisition company. ...READ MORE
We all know you can make alternative meats out of plants, but what about growing meat from plants? This week, we speak with Gastón Paladini, Co-founder and CEO of Moolec Science, which announced a $504 million dollar combination with LightJump Acquisition Corp. ...READ MORE
Altitude Acquisition Corp. (NASDAQ:ALTU) announced in an 8-K this morning that it has expanded its non-redemption agreement to cover about $15 million worth of shares.
A new shareholder has agreed to not to redeem 223,124 shares in connection with the today’s vote to extend the SPAC’s transaction deadline from October 11, to April 11, 2023. ...READ MORE
Avanti Acquisition Corp. (NYSE:AVAN) announced this morning that it will not consummate a business combination and will instead liquidate its trust.
October 6 is to be the last day Avanti trades on the public markets and shareholders are to receive the pro rata trust amount of $10.06 per share over the next 10 days. ...READ MORE
Athena Consumer (NYSE:ACAQ) announced this afternoon that it has entered into a forward purchase agreement (FPA) to help secure its combination with EV-maker e.GO.
The FPA announcement comes days after Athena added $15 million in bridge financing to its deal with e.GO. Brucke ...READ MORE
Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ) announced this afternoon that it has received requests to redeem 79.4% of its shares ahead of its shareholder vote tomorrow for its combination with energy storage firm Dragonfly Energy. ...READ MORE
Goldenstone Acquisition Limited (NASDAQ:GDST) announced this afternoon that it has entered into a joint agreement to terminate its combination with blockchain-based payments company, Roxe.
Goldenstone’s 8-K kept the details to a minimum, but it did disclose that the termination was mutual. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Legions of followers betting on conservative social-media platforms have helped stocks like Rumble Inc. ...READ MORE
Aesther Healthcare (NASDAQ:AEHA) announced this morning that it has added $40 million to its backstop for the SPAC’s pending combination with Ocean Biomedical, bringing it to $80 million in total.
Meteora Capital Partners funds made the commitment to purchase 4,000,000 Aesther shares on the open market at prices no higher than the redemption price and Meteora has agreed not to redeem these shares or vote them in favor of the combination. ...READ MORE
Tekkorp Digital Acquisition Corp. (NASDAQ:TEKKU) announced in a press release this afternoon that it will no longer pursue an extension for a business combination and will instead liquidate its trust.
Since TEKK’s $250 million IPO in October 2020, the SPAC’s management team has attempted to search for potential targets, but was unable to secure an opportunity that met its criteria. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
British defense firm QinetiQ is selling its Belgian commercial satellite systems division to Redwire, a U.S.-based ...READ MORE
Altitude Acquisition Corp. (NASDAQ:ALTU) announced this morning that it has entered into negotiations to combine with a global medical device manufacturer that would value the deal at $480 million.
The potential target remains unnamed, but Altitude did disclose that the company is a leader in the medical device field and has a product that is commercially available and approved for use in over 30 countries. ...READ MORE
Atlantic Avenue (NYSE:ASAQ) has announced that it will cancel its special meeting scheduled for 10 am this morning to extend its transaction deadline and will instead liquidate, redeeming all shares at $10.03 per share. ...READ MORE
Aquaron Acquisition Corp. priced its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AQUNU” Tuesday, October 4, 2022.
The new SPAC intends to identify targets in the new energy sector that are based in the U.S. ...READ MORE
Austerlitz I (NYSE: AUS) and Austerlitz II (NYSE: ASZ) both filed proxies this afternoon stating that their sponsors are seeking shareholder approval to liquidate early.
The sponsors, Cannae Holdings, Inc. (NYSE: CNNE) and Trasimene Capital Management, believe that a completion of a suitable merger is highly unlikely, and it would be in the shareholders’ best interests to return the cash in trust in 2022 rather than wait for expiration in 2023. ...READ MORE
