8i Acquisition 2 (NASDAQ:LAX) announced this afternoon that it has amended its Share Purchase Agreement in connection to its business combination with digital health firm EUDA to reduce its consideration payable, and limit the available earn-out payment. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Kacific Broadband Satellites Ltd. ...READ MORE
Globis Acquisition Corp. (NASDAQ:GLAQ) announced this morning that it has closed its combination with Moroccan agribusiness Forafric following a special shareholder meeting held yesterday.
Notably, Globis became just the second SPAC since May 1 to get to the finish line with less than 85% redemptions since May 1. ...READ MORE
Tuatara Capital Acquisition Corp. (NASDAQ:TCAC) announced that its shareholders have voted to approve its combination with cannabis software company springbig in a special meeting held earlier today.
The SPAC saw about 95.6% of its shares redeemed in connection with the vote however, leaving 876,194 public shares remaining, according to the 8-K it filed this morning. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among logistics enterprises. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Acri Capital Acquisition Corp. priced its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ACACU” Friday, June 10, 2022.
The new SPAC intends to focus its search on identifying a prospective target in the technology-enabled industries in North America, namely within the geographic limits of the United States, Canada and Mexico. ...READ MORE
Silver Spike Acquisition Corp. II (NASDAQ:SPKB) announced this afternoon that it has mutually terminated its combination agreement with therapeutic psychedelic firm Eleusis.
Similar to a handful of other SPACs we’ve seen, Silver Spike II cited unfavorable market conditions as the key reason behind the termination. ...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 transportation company that is going public through a transaction with Breeze Holdings Acquisition Corp. ...READ MORE
Forge Global (NYSE:FRGE) announced this morning that it will be calling its outstanding warrants and forward purchase warrants for shares to streamline its capital structure.
The public warrants are currently exercisable for an aggregate of 18,466,604 shares of common stock at a price of $11.50 per share. ...READ MORE
Globis Acquisition Corp. (NASDAQ:GLAQ) announced this morning in an 8-K that it has postponed its shareholder meeting and has added a new forward purchase agreement (“FPA”) to its combination with African agribusiness Forafric. ...READ MORE
Altitude Acquisition Corp. (NASDAQ:ALTU) announced this afternoon that it has entered into a non-redemption agreement alongside certain shareholders who supported the recent proposal to extend the time ALTU has to complete its initial business combination. ...READ MORE
Freedom Acquisition I Corp. (NYSE:FACT.U) announced this afternoon that a former member of its sponsor, LVS III SPE XLIII LP, has sold its entire interest to NextG Tech Limited.
Freedom I, which included PIMCO in the sponsor group, still has nearly nine months left to find an acquisition with a deadline date of March 2, 2023. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Dynamics (NASDAQ:DYNS) announced in an 8-K filing this afternoon that its shareholders have voted to approve its combination with Gene Circuit company Senti Biosciences in a special meeting held earlier today. ...READ MORE
Oaktree II (NYSE:OACB) announced that its shareholders have voted to approve its combination with biopharma company Alvotech in a special meeting held earlier today.
Today’s press release did not disclose redemption amounts, but OACB closed today at $9.86. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Tribe Capital I (NASDAQ:ATVC) announced in an 8-K this morning that Tribe Capital Markets has resigned from its sponsor and will effectively transfer management of it to Arrow Multi Asset Fund. ...READ MORE
This week we are speaking with Nate Morris, Founder and CEO of Rubicon, the “Uber” of trash collection. Rubicon entered into an $1.7 billion deal with Founder SPAC in December.
Rubicon is bringing digitization to a sector that has long resisted change in waste management. We ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Solid Power, a developer of solid-state batteries for electric vehicles that combined with Decarbonization Plus III in December 2021, aims to begin shipping pre-production battery cells by year-end for validation testing by partners BMW and Ford Motor, the company said on Monday. ...READ MORE
