The Latest SPAC News and Rumors: August 25, 2022

Aug 25, 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: Ligand announces that Janssen has received approval from European Commission for antibody, Cano Health buys Doctor’s Medical Center, and Babylon ditches UK for US

Ligand Announces that Janssen has Received Approval from European Commission for TECVAYLI for the Treatment of Patients with Relapsed or Refractory Multiple Myeloma

Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announced that the Janssen Biotech, Inc. ...READ MORE

GSR II Meteora (GSRM) to Combine with Bitcoin Depot in $755M Deal

Aug 25, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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LMF Acquisition Opportunities, Inc. (LMAO) Adds $100M Purchase Agreement & $7M PIPE

Aug 24, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

LMF (NASDAQ:LMAO) announced this afternoon that it has entered into a common stock purchase agreement, a registration rights agreement, and has secured a PIPE in connection to its combination with clinical biotech firm SeaStar Medical. ...READ MORE

Blue Owl Capital (OWL) Announces Results of Redemption of Warrants

Aug 24, 2022 INTEL, SPACs in the News by Marlena Haddad

Blue Owl (NYSE:OWL), which completed its combination with Altimar Acquisition Corp. in May 2021, announced the results of the redemption of its outstanding redeemable warrants.

Pursuant to the amended Warrant Agreement, Blue Owl redeemed its warrants for a redemption price of $0.10 per Public Warrant at 5:00 p.m. ...READ MORE

Riverview Acquisition Corp. (RVAC) Discloses Redemptions in Westrock Coffee Vote

Aug 24, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Riverview Acquisition Corp. (NASDAQ:RVAC) announced in an 8-K filing this afternoon that about 73.5% of its shares were redeemed ahead of its vote to complete its combination with coffee and tea supplier Westrock Coffee. ...READ MORE

The Latest SPAC News and Rumors: August 24, 2022

Aug 24, 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: Singapore sees more US-listed Chinese firms coming to its shores, Packable begins liquidating and announces job cuts, and Gel Blaster to use Nogin’s SmartShip program

Singapore Sees More US-Listed Chinese Firms Coming to Its Shores

Singapore Exchange Ltd. ...READ MORE

The Latest SPAC News and Rumors: August 23, 2022

Aug 23, 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: NUBURU awarded contract from US Air Force, Truth Social joins Rumble’s ad platform, and DWAC warns decline in Trump’s popularity could hurt social media company

NUBURU Awarded SBIR Phase II Contract by U.S.

Genesis Growth Tech (GGAA) to Combine with Biolog-id in $312M Deal

Aug 23, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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Endurance Acquisition Corp. (EDNC) Lowers Satixfy Valuation in Re-Strike

Aug 23, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Endurance Acquisition Corp. (NASDAQ:EDNC) announced in an 8-K filing this morning that it has made a pair of amendments to its combination with satellite hardware-maker Satixfy, lowering its valuation and introducing sponsor concessions. ...READ MORE

Software Acquisition Group III (SWAG) Shareholders Approve Nogin Deal

Aug 23, 2022 De-SPAC Votes and Redemptions, INTEL by Nicholas Alan Clayton

Software Acquisition Group III (NASDAQ:SWAG) announced that its shareholders approved its combination with software firm Nogin at a special meeting yesterday.

The SPAC tipped in an 8-K yesterday that about 82.7% of its shares were redeemed in connection with its vote. ...READ MORE

E.Merge Technology Acquisition Corp. (ETAC) to Liquidate Trust

Aug 22, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

E.Merge Technology Acquisition Corp. (NASDAQ: ETAC) announced this afternoon that it intends to dissolve and liquidate its trust due to its inability to complete a business combination.

The SPAC anticipates that the public shares will cease trading as of the close of business on September 4, 2022, and will redeem all of its outstanding shares from its IPO for approximately $10.06 per share. ...READ MORE

Software Acquisition Group III (SWAG) Divulges Redemptions in Nogin Vote

Aug 22, 2022 De-SPAC Votes and Redemptions, INTEL by Nicholas Alan Clayton

Software Acquisition Group III (NASDAQ:SWAG) announced in an 8-K filing this morning that about 82.7% of its shares were redeemed in connection with its vote to complete its combination with software firm Nogin earlier today. ...READ MORE

The Latest SPAC News and Rumors: August 22, 2022

Aug 22, 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: Rumble launches beta version of ad platform, and ZyVersa demonstrates effectiveness of inflammsome

Rumble Launches Beta Version of Ad Platform

Today, the video-sharing platform Rumble announced the launch of the beta version of Rumble Ads, which will be open to all verified businesses. ...READ MORE

SPAC IPO Terms Tracker: Late Summer Slowdown

Aug 20, 2022 INTEL by sam.beattie

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Social Capital Suvretta I (DNAA) Shareholders Approve Akili Interactive Deal

Aug 19, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Social Capital Suvretta I (NASDAQ:DNAA) announced in an 8-K this afternoon that its shareholders have approved its combination with digital medicine company Akili Interactive at a special meeting held yesterday.

Approximately 99.09% of DNAA shareholders opted to redeem their shares, leaving just 227,252 shares left in the SPAC’s trust. ...READ MORE

The Latest SPAC News and Rumors: August 19, 2022

Aug 19, 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: Hyzon Motors ousts CEO as financial probe continues and Geely Auto earnings squeeze by Covid lockdowns and chip shortage

Hyzon Motors ousts CEO Craig Knight as financial probe continues

Hyzon Motors (NASDAQ:HYZN) has ousted CEO Craig Knight because of a financial quagmire over how the trucking fuel cell maker reported revenue in China and managed internal financial controls. ...READ MORE

Silver Crest (SLCR) Shareholders Approve Tim Hortons China Deal

Aug 19, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Silver Crest (NASDAQ:SLCR) announced in an 8-K this morning that its shareholders have approved its combination with TH International at a special meeting yesterday.

About 99% of shareholders opted to redeem shares, however, which is the highest amount since CC Neuberger II closed its combination with Getty Images (NYSE:GETY) last month. ...READ MORE

Top 3 SPAC Targets – Drones and Robots with Jobs

Aug 19, 2022 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies producing either drones or robots taking over jobs in the inflation-stricken economy. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE

Bright Lights (BLTS) Terminates MANSCAPED Deal

Aug 18, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Bright Lights (NASDAQ:BLTS) announced this afternoon that it has mutually terminated its combination with MANSCAPED, effective immediately.

On August 15, 2022, BLTS received a letter from Manscaped purporting to terminate the BCA and the parties entered into the termination agreement today. ...READ MORE

LIV Capital II (LIVB) to Combine with Covalto in $547M Deal

Aug 18, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

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