The Latest SPAC News and Rumors: March 23, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Forge Global soars first day of trading, and Firefly eyes SPAC deal
Blythe Masters SPAC Merger Sends Forge Global Stock Soaring
Forge Global Holdings Inc. ...READ MORE
Podcast: ZeroFox CEO James C. Foster & L&F Acquisition Corp. CEO Adam Gerchen
This week, we speak with James C. Foster, CEO of cybersecurity firm, ZeroFox.
ZeroFox entered into a $1.3 billion dollar combination agreement with L&F Acquisition Corporation in December.
We discuss how the Russia-Ukraine war has ushered in a new era for cybersecurity and what types of companies face the biggest threats in this new environment. ...READ MORE
Tailwind Two (TWNT) Shareholders Approve Terran Orbital Deal
Tailwind Two Acquisition Corp. (NYSE:TWNT) announced this afternoon that its shareholders have voted to approve its combination with satellite-maker Terran Orbital.
The SPAC also announced that it is allowing shareholders to withdraw their redemption requests until this Thursday, March 24 at 3:00 p.m. ...READ MORE
The Latest SPAC News and Rumors: March 22, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SoFi launches new cryptocurrency feature and Forge debuts on NYSE, posing fresh test to SPAC-led exits
SoFi Launches No-Fee Cryptocurrency Purchases for Direct Deposit Members
SoFi Technologies, Inc. ...READ MORE
The Latest SPAC News and Rumors: March 21, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: D-Orbit announces upcoming launch, Hong Kong sees increased interest in SPACs, and Skadden hires SEC veteran who oversaw SPAC enforcement
D-Orbit Announces Upcoming Launch of SPACELUST, its Fifth ION Satellite Carrier Mission
D-Orbit, the space logistics and orbital transportation company, announced today the upcoming launch of SPACELUST, the fifth mission using the Company’s proprietary ION Satellite Carrier (ION), a flexible and cost-effective orbital transfer vehicle (OTV) spacecraft designed both to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit. ...READ MORE
Poema Global Holdings Corp. (PPGH) Adds $10M to Gogoro PIPE
Poema (NASDAQ:PPGH) has added $10 million more to its PIPE for EV charging company Gogoro, bringing total PIPE proceeds to $295 million.
The new cash comes as the two companies hit the home stretch in completing the deal. ...READ MORE
FirstMark Horizon (FMAC) Shareholders Approve Starry Deal
FirstMark Horizon Acquisition Corp. (NYSE:FMAC) announced this afternoon that its shareholders have voted to approve its combination with internet service provider (ISP) Starry in a special meeting held on March 16. ...READ MORE
American Acquisition Opportunity Inc. (AMAO) Adjourns Extension Vote
American Acquisition Opportunity Inc. (NASDAQ:AMAO) has adjourned its special meeting held this afternoon without finalizing its shareholder vote.
Although the SPAC stated that the adjournment is intended to allow more time to obtain shareholder approval of the extension proposal and the trust amendment proposal, it still remains somewhat unclear why the meeting was adjourned. ...READ MORE
Zanite Acquisition Corp. (ZNTE) Adds $30M to PIPE for Eve Deal
Zanite (NASDAQ:ZNTE) announced this afternoon in an 8-K that it has added $30 million to its PIPE and entered into a strategic warrant agreement for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer Eve. ...READ MORE
The Latest SPAC News and Rumors: March 18, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Hydrow raises $55 million, and first Hong Kong SPAC has slow start in trading debut
Hydrow Raises $55M as the At-Home Fitness Industry Faces a Post-Lockdown Reckoning
Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has landed another $55 million in funding to fuel its growth while the at-home fitness industry undergoes a shakeout as consumers return to gyms after two years of Covid-related lockdowns and restrictions. ...READ MORE
Top 3 SPAC Targets – Nuclear Power
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies set to see increased demand among elevated energy prices. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
