The Latest SPAC News and Rumors: June 28, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: India’s JetSynthesys in talks to merge with BurTech, Rumble partners with RSBN, and ProSomnus opens new global HQ
India’s JetSynthesys Is Said in Talks to Merge With BurTech SPAC
JetSynthesys, an Indian digital entertainment and technology company, is in talks to go public through a merger with blank-check firm BurTech Acquisition Corp. ...READ MORE
Northern Lights (NLIT) Extends 3-Months Ahead of Safe Harbor Vote
Northern Lights (NASDAQ:NLIT) announced in an 8-K this morning that it had received redemption requests for all but about 83,795 of its shares ahead of its completion, but its backstops have purchased 4,435,608 shares from would-be redeemers that will now stay with the company. ...READ MORE
The Latest SPAC News and Rumors: June 27, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Trump-tied DWAC tumbles following grand jury subpoena and car charging start-up EO opts for private funding
Trump-Tied SPAC Tumbles After Disclosing Grand Jury Subpoena
Digital World Acquisition Corp. ...READ MORE
Waldencast Acquisition Corp. (WALD) Adds $225M Debt Facility to OBAGI and Milk Deal
Waldencast Acquisition Corp. (NASDAQ:WALD) announced this morning that it has added $225 million in debt to its combination with beauty brands OBAGI and Milk.
This new money comes in the form of a four-year secured first-lien made up of a $175 million term loan and a $50 million revolving loan facility with $7.5 million available to be drawn as letters of credit. ...READ MORE
SPAC IPO Terms Tracker: A Quiet Week in SPACLand
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The Latest SPAC News and Rumors: June 24, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Polestar soars in first day of trading, and InfiniteWorld receives recognition for marketplace creation
EV Newcomer Polestar’s Stock Soars in First Day of Trading
The merger between the special-purpose acquisition company Gores Guggenheim and the electric vehiclemaker Polestar (NASDAQ:PSNY) born from Volvo is done. ...READ MORE
Agrico (RICO) Announces Preliminary Shareholder Approval
Agrico (NASDAQ:RICO) announced this afternoon that it expects to receive shareholder approval at its special meeting set to vote on its combination with indoor farming company Kalera (OL:KAL) on Monday.
Approximately 71.68% of the total number of shares and votes in the company, have essentially voted 100% in favor of the approval of the proposed business combination transaction. ...READ MORE
SK Growth Opportunities Corp. (SKGRU) Prices $200M IPO
SK Growth Opportunities Corp. priced its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SKGRU” Friday, June 24, 2022.
The new SPAC will focus its efforts on identifying a company involved in developing and deploying technologies and products that address and solve ESG-related issues or are operated in a fashion consistent with ESG principles. ...READ MORE
DPCM Capital (XPOA) Amends D-Wave Deal
DPCM Capital (NYSE:XPOA) announced this afternoon that it has secured a purchase agreement, reduced its transaction expenses and waived the closing cash condition in connection to its proposed merger with quantum computing firm D-Wave. ...READ MORE
The Latest SPAC News and Rumors: June 23, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Nikola founder Trevor Milton faces new fraud charge, and ProKidney publishes new data
Nikola founder Trevor Milton faces new fraud charge
U.S. ...READ MORE
Gores Guggenheim (GGPI) Shareholders Approve Polestar Deal
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
The Latest SPAC News and Rumors: June 22, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: D-Orbit signs launch contract with Isar Aerospace and Rezolve partners with ACI Worldwide
D-Orbit Signs Launch Contract With Isar Aerospace
D-Orbit, the space logistics and orbital transportation company that is going public through a transaction with Breeze Holdings Acquisition Corp. ...READ MORE
