InterPrivate II (IPVA) Shareholders Approve Getaround Deal

Dec 9, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

InterPrivate II (NYSE:IPVA) disclosed this morning that its shareholders have approved its business combination with car-sharing marketplace Getaround during a special meeting held on Wednesday, December 7.

The combined company raised approximately $228 million in gross proceeds through the deal, including the amounts retained in InterPrivate II’s trust account, the conversion of approximately $37.5 million of bridge notes and the issuance of $175 million of convertible notes. ...READ MORE

10X Capital Venture III (VCXB) Signs LOI with Sparks Energy

Dec 9, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

10X Capital Venture Acquisition Corp. III (NYSE:VCXB) included in an 8-K this morning that it has signed a non-binding letter of intent (LOI) to combine with Sparks Energy.

Sparks is a leader in storm response and energy restoration management with qualified crews for overhead and underground distribution, transmission, substation and row operations. ...READ MORE

Figure Acquisition Corp. I (FACA) Signs Non-Binding LOI

Dec 9, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

Figure Acquisition Corp. I (NYSE:FACA) announced this morning that it has signed a non-binding letter of intent (LOI) to combine with an unnamed warehouse lender and bank holding company.

The press release kept details to a minimum on the target, but disclosed that the bank is a $3-5 billion asset holding company that provides home loans to communities across the nation. ...READ MORE

Where Are They Now? – AerSale

Dec 9, 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

The Latest Liquidations: December 8, 2022

Dec 8, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC Liquidations: Sierra Lake, Z-Work, Lerer Hippeau, and Climate Real Impact Solutions II

Sierra Lake Acquisition Corp.

Parsec Capital (PCX) “Maybe” Begins Liquidation Process

Dec 8, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Parsec Capital (NASDAQ:PCX) announced in an 8-K this morning that it has begun the process of liquidating its trust account, but the filing also curiously notes that the team is trying to carry on with its announced combination with Enteractive Media. ...READ MORE

The Latest SPAC News and Rumors: December 8, 2022

Dec 8, 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: Palihapitiya blames Fed for crushing the blank-check bubble, and Hong Kong is set to regain top-three IPO ranking in 2022

SPAC king Chamath Palihapitiya says the Fed crushed the bubble in blank-check firms

The Fed crushed the bubble in special purpose acquisition companies, Chamath Palihapitiya said, deflecting blame for the poor performance of companies he took public in recent years. ...READ MORE

PHP Ventures Acquisition Corp. (PPHP) to Combine with Modulex in $600M Deal

Dec 8, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

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7GC & Co. Holdings Inc. (VII) to Combine with Banzai in $380M Deal

Dec 8, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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New SPAC: AlphaTime Acquisition Corp. Files for $60M IPO

Dec 8, 2022 Headline Post, INTEL, New S-1 Filings by Marlena Haddad

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The Latest Liquidations: December 7, 2022

Dec 7, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC Liquidations: Mission Advancement Acquisition Corp., and Clarim Acquisition Corp.

Mission Advancement Acquisition Corp.

BYTE Acquisition Corp. (BYTS) Postpones Extension Vote

Dec 7, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

BYTE Acquisition Corp. (NYSE:BYTS) announced this afternoon that its special meeting to extend its deadline, originally scheduled for Tuesday, December 20, 2022, has been postponed.

The SPAC has not yet disclosed the new date for the meeting, but it is expected to be announced at a later date. ...READ MORE

D and Z Media Acquisition Corp. (DNZ) Adjourns Extension Vote

Dec 7, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

D and Z Media Acquisition Corp. (NYSE:DNZ) announced this afternoon that its special meeting, originally scheduled for 12:00 p.m. today, was convened and then adjourned, without conducting any business, to 1:30 p.m. ...READ MORE

EDOC Acquisition Corp. (ADOC) to Combine with Australian Oilseeds in $190M Deal

Dec 7, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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The Latest SPAC News and Rumors: December 7, 2022

Dec 7, 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: Buzzfeed cuts 12% of staff, and ASIG plans to expand through acquisition upon completion of SPAC

BuzzFeed cuts 12% of staff citing worsening econ conditions

Digital media company BuzzFeed (NASDAQ:BZFD) is cutting 12% of its workforce, citing worsening economic conditions. ...READ MORE

Podcast: Abacus Life President & CEO Jay Jackson

Dec 7, 2022 Headline Post, INTEL, Podcasts & Webinars by Kristi Marvin

What is your life insurance policy worth while you’re still living? This week, we speak with Abacus Life President and CEO Jay Jackson who may just want to buy yours.

Abacus Life has made a business of buying consumer life insurance policies for upfront payments and holding them until maturity. ...READ MORE

Golden Falcon Acquisition Corp. (GFX) to Combine with MNG Airlines in $676M Deal

Dec 7, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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Phoenix Biotech Acquisition Corp. (PBAX) Terminates Deal with Intrinsic Medicine

Dec 7, 2022 Headline Post, INTEL by Marlena Haddad

Phoenix Biotech Acquisition Corp. (NASDAQ:PBAX) announced this morning that it has mutually agreed to terminate its combination with therapeutics company Intrinsic Medicine.

Similar to other SPACs, Phoenix Biotech disclosed that the two parties have decided to nix the deal due to the result of weakened markets. ...READ MORE

The Latest Liquidations: December 6, 2022

Dec 6, 2022 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC Liquidations: Broadscale, Revolution Healthcare, Research Alliance II, and Kairos

Broadscale Acquisition Corp.

Roth CH Acquisition IV Co. (ROCG) to Combine with Tigo Energy

Dec 6, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

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