Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
U.S. ...READ MORE
Gores Guggenheim (NASDAQ:GGPI) announced that its shareholders have voted to approve its combination with Swedish electric vehicle-maker Polestar in a special meeting held earlier today.
Holders of 61,968,987 shares of GGPI common stock were present in person or by proxy, representing 61.97% of the voting power, constituting a quorum for the transaction. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
D-Orbit, the space logistics and orbital transportation company that is going public through a transaction with Breeze Holdings Acquisition Corp. ...READ MORE
This week, we speak with Andre Frederico, general manager for Latin American data firm Semantix and Rafael Steinhauser, co-founder and CEO of Alpha Capital Acquisition Company (Nasdaq: ASPC).
Semantix entered into an $693 million dollar combination agreement with Alpha Capital Acquisition Company in November 2021. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Paya Holdings Inc. ...READ MORE
Gores Guggenheim (NASDAQ:GGPI) announced this morning that it expects to provide $850 million in proceeds to its target company Polestar ahead of its vote to complete the deal scheduled for tomorrow, June 22. ...READ MORE
Freedom Acquisition 1 (NYSE:FACT) announced over the long weekend that it has signed a non-binding letter of intent (LOI) to combine with genome sequencing firm Human Longevity, Inc. valued at $1 billion. ...READ MORE
GO Acquisition Corp. (NYSE:GOAC) announced that it will no longer pursue an initial business combination before its transaction deadline of August 7 and will therefore liquidate its trust.
The SPAC will begin the process of redeeming its common stock and returning capital back to its investors as promptly as practicable following, but not more than 10 business days after, its deadline of August 7, 2022. All ...READ MORE
EJF Acquisition Corp. (NASDAQ:EJFA) announced this afternoon that its shareholders have voted to approve its combination with Israeli fintech firm Pagaya in a special meeting held earlier today.
Although today’s press release was short on details and did not disclose redemption numbers, EJFA traded slightly above its trust value of $10 throughout its redemption deadline June 15. ...READ MORE
Northern Lights (NASDAQ:NLIT) has entered into a redemption backstop agreement for up to $50 million with cannabis fintech provider Safe Harbor to help ensure the maximum redemption threshold condition is met. ...READ MORE
We finally got a new amendment to Bill Ackman’s previously filed Pershing Square SPARC Holdings, allowing us to see the latest iteration of his “new and improved” SPARC product.
If you recall, the first iteration of the SPARC was debuted last summer when Ackman announced his deal with Universal Music Group (“UMG”). ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Circle Internet Financial Ltd. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among sports-focused companies. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Crypto companies that have been trying to go public since last year’s boom remain stuck in a lengthy back-and-forth with US regulators, adding to the pile of challenges facing the industry. ...READ MORE
Digital Health (NASDAQ:DHAC) has entered into a definitive agreement to combine with telehealth software firm VSee and digital healthcare provider iDoc to create an entity valued at approximately $110 million.
California-based VSee provides a no code and low code SaaS platform to help physicians set up telehealth applications and Houston-based iDoc has a set of neurological telehealth tools to treat patients suffering from strokes or other brain injuries. ...READ MORE
