Mana Capital (NASDAQ:MAAQ) announced this morning that its shareholders approved its combination with biopharmaceutical firm Cardio Diagnostics in a special meeting held yesterday.
The press release did not disclose redemption amounts, but MAAQ traded below its trust value of $10 throughout its redemption deadline October 21, and closed yesterday at a low of $5.99. ...READ MORE
Cartesian Growth Corporation (NASDAQ:GLBL) announced in an 8-K this morning that it has made a fourth amendment to its combination with wealth management firms Alvarium and Tiedemann, this time providing bonus shares to non-redeeming shareholders. ...READ MORE
Endurance Acquisition Corp. (NASDAQ:EDNC) announced this afternoon that its shareholders approved its combination with satellite company Satixfy at a special meeting held yesterday.
The SPAC announced in an 8-K at the beginning of the week that it has added additional financing to its deal in the form of a prepaid forward transaction wherein the investor will purchase up to 10,000,000 shares. ...READ MORE
Provident Acquisition Corp. (NASDAQ:PAQC) announced this afternoon that its shareholders have approved its combination with beauty tech brand Perfect Corp. at a special meeting held earlier today.
The press release did not disclose redemptions, however, Provident now expects the business combination to provide Perfect with approximately $118.5 million in gross proceeds. ...READ MORE
Venus Acquisition Corp. (NASDAQ:VENA) announced in an 8-K this afternoon that its shareholders have approved its combination with VIYI Algorithm at a special meeting held on October 21.
A total of 5,312,658 shares of VENA’s common stock, representing approximately 87.81% of the issued and outstanding shares were present at the meeting. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Flair Airlines Ltd., ...READ MORE
Bannix Acquisition Corp. (NASDAQ: BNIXU) management and sponsors have sold a total of 475,000 shares of common stock to Instant Fame LLC resulting in a change in leadership.
The sponsor, Suresh Yezhuvath, CFO Nicholas Hellyer, and directors of the company, Balaji Venugopal Bhat, Subbanarasimhaiah Arun, Vishant Vora, sold an aggregate of 385,000 shares of BNIX while Suresh Yezhuvath sold 90,000 private placements units in the private transaction. ...READ MORE
Avista Public Acquisition Corp. II (NASDAQ:AHPA) announced this afternoon that its shareholders have approved its combination with Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) to spin-off its antibody discovery business OmniAb, Inc. 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.
Archer Aviation Inc (NYSE:ACHR) said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. ...READ MORE
Endurance Acquisition Corp. (NASDAQ:EDNC) announced in an 8-K this morning that it has added additional financing to its combination with satellite company Satixfy ahead of its completion vote October 25.
The new funds come in the form of a prepaid forward transaction wherein the investor will purchase up to 10,000,000 shares. ...READ MORE
The Music Acquisition Corp. (NYSE: TMAC.U) filed a proxy this morning to seek shareholder approval to liquidate its trust early.
TMAC doesn’t have a completion deadline until February 5, 2023, but the SPAC’s board has determined that it is very unlikely that it will be able to complete a business combination before then. ...READ MORE
BOA Acquisition Corp. (NYSE:BOAS) announced this morning that its shareholders have approved its combination with hospitality brand Selina at a special meeting held on Friday.
Holders of approximately 89.7% of BOA’s issued and outstanding shares were present at the special meeting and more than 83% of the votes were cast in favor of the business combination. ...READ MORE
AMCI II (NASDAQ:AMCI) announced this morning that it has added a $50 million PIPE to its combination with renewable materials-maker LanzaTech.
Woodside Energy (ASX:WDS) is investing in this PIPE at $10 per share and the two sides expect a strategic collaboration to follow, accelerating LanzaTech’s scale-up as it seeks out new ways to capture carbon and turn it into new industrial feedstocks. ...READ MORE
HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that it has entered into a common stock purchase agreement and a related registration rights agreement with White Lion Capital.
Pursuant to the agreement, HNR has the right, but not the obligation, to require White Lion to purchase up to $150 million in newly issued shares of the company’s Class A common stock. ...READ MORE
Benessere Capital Acquisition Corp. (NASDAQ: BENE) announced in a press release this afternoon that its board of directors has determined to dissolve and liquidate its trust.
The SPAC’s move to liquidate comes just days after its merger target eCombustible terminated the pair’s combination agreement. ...READ MORE
BCLS Acquisition Corp. (NASDAQ: BLSA) 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 26, BCLS’s publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive the per-share redemption price of $10.03 within ten business days. ...READ MORE
