Lefteris Acquisition Corp. (NASDAQ:LFTR) announced this afternoon that due to its inability to complete a business combination, it intends to dissolve and liquidate its trust.
As of the close of business on October 24, the SPAC’s shares will be cancelled and the outstanding shares will be redeemed for shareholders at a per-share redemption price of approximately $10.06. The ...READ MORE
G Squared Ascend I Inc. (NYSE:GSQD) announced this morning that it has mutually terminated its combination with digital freight software company Transfix and its sponsor will instead invest in the company privately. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
LanzaTech NZ, Inc. ...READ MORE
Digital World (NASDAQ:DWAC) has once again pushed its special meeting to vote on a one-year transaction deadline extension to Thursday, November 3.
This three-and-a-half week postponement is an unusually long one, but is unsurprising in for what has become one of the most unusual deal processes in years. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Turmeric Acquisition Corp. (NASDAQ:TMPM) announced this morning that it has opted to liquidate its trust, dispersing approximately $10.05 per share to holders.
The SPAC’s shares will cease trading as of the open on October 20. ...READ MORE
Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings.
The first week of October ended on a comparatively similar note as the few weeks prior, with one new S-1 registration statement and one IPO. ...READ MORE
Sarissa Capital Acquisition Corp. (NASDAQ:SRSAU) announced this afternoon that it will not consummate a business combination and will instead liquidate its trust, effective as of October 31, 2022.
Following the closing of business, shareholders are to receive the pro rata trust amount of $10.05 per share within the next 10 days. ...READ MORE
Orion Acquisition Corp. (Nasdaq: OHPAU) filed a proxy this afternoon for a shareholder vote to liquidate early.
Orion’s current completion deadline isn’t until March 4, 2023, but today’s filing is asking shareholders to approve an amendment that would allow the Board to change the date to no later than December 30, 2022. ...READ MORE
Lux Health Tech Acquisition Corp. (NASDAQ:LUXA) announced this afternoon that it will not consummate a business combination and will instead dissolve and liquidate its trust, effective as of the close of business on October 29. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Polestar Automotive Holding (NASDAQ:PSNY) said supply issues that lingered after China’s Covid lockdowns earlier this year will weigh on results the electric-car maker is releasing next month, though it’s sticking with its full-year deliveries target. ...READ MORE
ClimateRock (NASDAQ:CLRC) has entered into a definitive agreement to combine with solar plant developer EEW at a proposed equity value of $650 million.
London-based EEW designs and sells solar utility-scale solar power plants in Europe, Africa, Australia, and the US. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among consumer and retail companies. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
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
