The Latest Liquidations: December 7, 2022
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.
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BYTE Acquisition Corp. (BYTS) Postpones Extension Vote
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
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
The Latest SPAC News and Rumors: December 7, 2022
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
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
Phoenix Biotech Acquisition Corp. (PBAX) Terminates Deal with Intrinsic Medicine
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
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.
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The Latest SPAC News and Rumors: December 6, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Portugal real estate developer Vic Properties in merger talks with BurTech
Caner-Led Aggregate Is Said to Discuss Vic Properties SPAC Deal
Aggregate Holdings SA is in talks to take its Portuguese unit Vic Properties public in a merger with BurTech Acquisition Corp.(NASDAQ:BRKH), ...READ MORE
Ares Acquisition Corporation (AAC) to Combine with X-energy in $2.2Bn Deal
Ares Acquisition Corporation (NYSE:AAC) has entered into a definitive agreement to combine with nuclear power company X-energy at an enterprise value of $2.2 billion.
Rockville, Maryland-based X-energy has developed small modular nuclear reactor technology designed to provide nuclear plants for projects ranging from individual industrial sites to regional utilities. ...READ MORE
Senior Connect Acquisition Corp. I (SNRH) Signs LOI with Avellino Lab
Senior Connect Acquisition Corp. I (NASDAQ:SNRH) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with precision medicine company Avellino Lab USA, Inc.
Under the terms of the LOI, the parties would become a combined entity, with Avellino’s existing equityholders exchanging their shares in Avellino for equity in the combined company. ...READ MORE
The Latest SPAC News and Rumors: December 5, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Singapore’s Carousell Group cuts 10% of total headcount, and Graphjet Technology becomes first Malaysian company to join World Economic Forum
Singapore’s Carousell Group cuts 10% of total headcount, Co-Founder says ‘deeply sorry’
Singapore-headquartered recommerce group Carousell announced the group is cutting 110 roles or about 10 percent of the company’s total headcount. ...READ MORE
Tender Offer for $75M of Pathfinder Acquisition Corporation (PFDR) Stock
Frequent SPAC investors Francisco Partners announced this morning that they have launched a cash tender offer to purchase 7,500,000 Pathfinder (NASDAQ:PFDR) Class A shares for $10 per share. The offer will expire on January 4, 2023, at 11:59 p.m. ...READ MORE
