The Latest SPAC News and Rumors: December 13, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Quanergy files for bankruptcy, Royalty Management becomes a member in Texas Tech University’s Center for Advancing Sustainable and Distributed Fertilizer Production, and Bakkt study finds future crypto purchase consideration holds steady
Ex-SPAC Quanergy Files for Bankruptcy Less Than a Year After Going Public
Quanergy Systems Inc. ...READ MORE
Larkspur Health (LSPR) Shareholders Approve ZyVersa Deal
Larkspur Health (NASDAQ:LSPR) announced that its shareholders have approved its business combination with car-sharing marketplace Getaround during a special meeting held on Thursday, December 8.
At the special meeting, 7,329,316 shares of common stock of the company or 73.08% of the shares entitled to vote were present. ...READ MORE
The Latest Liquidations: December 12, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC Liquidations: Arena Fortify, and Science Strategic Alpha
Arena Fortify Acquisition Corp.
...READ MORE
OmniLit Acquisition Corp. (OLIT) Postpones Extension Vote
OmniLit Acquisition Corp. (NASDAQ:OLIT) announced this afternoon that its special meeting to extend its deadline, originally scheduled for Tuesday, December 13, 2022, has been postponed to Wednesday, December 21, 2022.
The SPAC hopes to use this additional time to continue soliciting proxies from stockholders. ...READ MORE
Aurora Technology Acquisition Corp. (ATAK) Signs Non-Binding LOI with DIH Technology
Aurora Technology Acquisition Corp. (NASDAQ:ATAK) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with robotics company DIH Technology Ltd.
Under the terms of the LOI, DIH’s shareholders will roll 100% of their equity into the combined public company. ...READ MORE
AMCI Acquisition Corp. II (AMCI) Amends Deal for Lanza Tech
AMCI II (NASDAQ:AMCI) announced this afternoon that it has amended its merger agreement, sponsor support agreement, and subscription agreement in connection to its proposed merger with renewable materials-maker LanzaTech.
The parties amended the merger agreement to include the aggregate net proceeds from each of the AM SAFE and Brookfield SAFE in the acquiror closing cash amount. ...READ MORE
Satixfy (SATX) Releases Cantor Warrants from Lock-Up
Satellite company Satixfy (NYSE:SATX), which combined with Endurance Acquisition Corp. in October, announced in a 6-K this morning that it has waived the lock-up on 1,000,000 private placement warrants held by Cantor Fitzgerald. ...READ MORE
The Latest SPAC News and Rumors: December 12, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Infinite Reality nears merger with Newbury Street, Plan B Entertainment sells stake to French Mediawan, and Intuitive Machines tracks Artemis I Mission
Infinite Reality Nears Merger With Newbury Street SPAC
Infinite Reality Inc., ...READ MORE
Americas Technology Acquisition Corp. (ATA) Terminates Deal with Rally Communitas
Americas Technology Acquisition Corp. (NYSE: ATA) announced on Friday evening that it has mutually agreed to terminate its combination with mass mobility firm Rally Communitas.
Although the management team did not disclose a reason for the deal termination, it is likely due to the result of unfavorable market conditions. ...READ MORE
Primavera Capital (PV) Shareholders Approve Lanvin Group Deal
Primavera (NYSE:PV) announced that its shareholders have approved its business combination with the luxury fashion Lanvin Group during a special meeting held Friday, December 9.
The parties’ press release did not include redemption figures, but, regardless, the parties expect to close the deal December 14, after which the combined company will trade on the NYSE under the symbol “LANV” beginning December 15. ...READ MORE
SPAC IPO Terms Tracker: Another Week, Another New S-1
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Belong (BLNG) Postpones Extension Vote, Enters Non-Redemption Agreement, and Signs LOI
Belong Acquisition Corp. (NASDAQ:BLNG) disclosed in an 8-K this afternoon that its special meeting, originally scheduled for Wednesday, December 14, has been postponed to Wednesday, December 21. Additionally, the SPAC has entered into a non-redemption agreement, and signed a non-binding letter of intent (LOI). ...READ MORE
The Latest Liquidations: December 9, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC Liquidations: Crypto 1, DILA Capital, SCP & CO Healthcare, Cohn Robbins, and ScION Growth Tech I
Crypto 1 Acquisition Corp.
...READ MORE
The Latest SPAC News and Rumors: December 9, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Southland awarded $70M contract for Denver International Airport expansion project, and Bakkt reduces 15% of employee base
Southland Awarded $70 Million Denver International Airport West Gates Pond Expansion Project
Southland Holdings, LLC (“Southland”) announced today that a subsidiary in its Civil segment, Southland Contracting, has been awarded a $70 million contract for Denver International Airport’s West Gates Pond Expansion. ...READ MORE