The Latest SPAC News and Rumors: September 29, 2022

Sep 29, 2022 INTEL, SPACs in the News by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC News: Polestar teases new details about electric SUV, Gogoro secures $345M loan, and Jupiter Wellness announces application for dual listing on Upstream

Polestar teases new details about its electric SUV ahead of October 12th launch

The Polestar 3, the aptly named third vehicle from the Swedish EV company, will be officially unveiled October 12th at an event in Copenhagen, the company announced. ...READ MORE

DTRT Health Acquisition Corp. (DTRT) to Combine with Consumer Direct Holdings

Sep 29, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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Northern Lights (NLIT) Completes Safe Harbor Deal

Sep 29, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

SHF Holdings, Inc (Nasdaq: SHFS), formerly known as Northern Lights Acquisition Corp. (Nasdaq: NLIT), announced in a press release this morning that it has finally completed its combination with cannabis finance provider Safe Harbor. ...READ MORE

Brilliant Acquisition Corporation (BRLI) Boosts Bonus Pool for Non-Redeemers

Sep 29, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Brilliant (NASDAQ:BRLI) announced that it has effectively doubled the size of its pool of shares to be distributed to shareholders at the close of its combination with crypto payments firm Nukkleus. ...READ MORE

Silver Crest (SLCR) Completes Tims China Combination

Sep 29, 2022 De-SPAC Votes and Redemptions, INTEL by Nicholas Alan Clayton

Silver Crest (NASDAQ:SLCR) announced that it has closed its transaction with coffee shop chain Tims China after an extended process.

The SPAC originally held its completion vote on August 19, but opted to give shareholders additional time to reconsider after they initially opted to redeem 99% of shares. ...READ MORE

Atlantic Avenue (ASAQ) Adjourns Extension Vote

Sep 28, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Atlantic Avenue (NYSE:ASAQ) announced this afternoon that it intends to adjourn its special meeting on September 29 to October 4.

The special meeting was being held to consider the proposal of amending and extending ASAQ’s transaction deadline by which it must complete its initial business combination. ...READ MORE

Billtrust (BTRS) to Be Acquired by EQT Private Equity at $9.50 Per Share

Sep 28, 2022 INTEL by Nicholas Alan Clayton

Billtrust (NASDAQ:BTRS), which combined with South Mountain in January 2021, announced this morning that it has agreed to be acquired by private equity fund EQT in an all-cash deal for $9.50 per share. ...READ MORE

The Latest SPAC News and Rumors: September 28, 2022

Sep 28, 2022 INTEL, SPACs in the News by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC News: Cineplex asks Cineworld lenders to consider merger, German government aims to improve framework for SPACs, and Jupiter Wellness announces notice of allowance for Minoxidil Adjuvant Therapies patent

Cineplex Asks Cineworld Lenders to Consider US Merger, WSJ Says

Canadian theater chain Cineplex Inc. ...READ MORE

Larkspur Health (LSPR) Secures $10M for ZyVersa Deal

Sep 27, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Larkspur Health (NASDAQ:LSPR) announced this afternoon that it has secured commitments of $10 million for its proposed merger with specialty biopharmaceutical company ZyVersa.

Of that $10 million, $8.5 million will be a PIPE investment in the form of contingent financing that will provide for the purchase of Convertible Preferred Stock of LSPR. Larkspur ...READ MORE

The Latest SPAC News and Rumors: September 27, 2022

Sep 27, 2022 INTEL, SPACs in the News by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC News: Bitdeer debuts fund targeting distressed miners, Harley-Davidson EV unit LiveWire’s shares rise 24%

Crypto Tycoon’s Bitdeer Debuts Fund Targeting Distressed Miners

Chinese crypto billionaire Jihan Wu is setting up a $250 million fund to buy distressed assets from Bitcoin miners, as the industry reels from this year’s steep drop in digital-asset prices. ...READ MORE

Good Works II Acquisition Corp. (GWII) Signs LOI for $675 Million

Sep 27, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

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Malacca Straits Acquisition Company (MLAC) to Combine with Indiev in $600M Deal

Sep 27, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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VY Global Growth (VYGG) to Liquidate Trust

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

VY Global Growth (NYSE:VYGG) announced in an 8-K this afternoon that it intends to liquidate its trust after being unable to identify and combine with a target that meets its investment criteria. ...READ MORE

KINS Technology Group (KINZ) to Combine with Inpixon in $69M Deal

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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The Latest SPAC News and Rumors: September 26, 2022

Sep 26, 2022 INTEL, SPACs in the News by Marlena Haddad

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.

Latest SPAC News: Law professor takes deal sponsor to court, and CEO of Wisk Aero predicts electric air taxi shakeout

Enemy of the SPAC: Law Professor Takes Deal Sponsors to Court

Stanford Law Professor Michael Klausner toiled in academic obscurity for decades until 2020, when he wrote a paper slamming special purpose acquisition companies as a rip-off of everyday investors. ...READ MORE

GX Acquisition Corp. II (GXII) to Combine with NioCorp in $313.5M Deal

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

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Decarbonization Plus IV (DCRD) to Combine with Hammerhead Resources in $1Bn Deal

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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Cohn Robbins Holdings (CRHC) Terminates Allwyn Deal

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Cohn Robbins (NYSE:CRHC) announced over the weekend that it has jointly terminated its $9.3 billion combination with lottery operator Allwyn.

The move comes at the very end of the process for Cohn, whose shareholders approved the transaction on September 7. ...READ MORE

Silver Spike II (SPKB) to Receive Shares from Terminated Eleusis Deal

Sep 26, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Silver Spike Acquisition Corp. II (NASDAQ:SPKB) announced in an 8-K filing this morning that it would be receiving shares as compensation for the termination of its merger agreement with biopharmaceutical firm Eleusis. ...READ MORE

SPAC IPO Terms Tracker: Approaching Q4 2022

Sep 24, 2022 INTEL by sam.beattie

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