Starry Group Holdings (NYSE:STRY) announced this morning that it will be reducing the warrant exercise price and adjusting the redemption trigger price as a result of the Crescent Term being triggered. ...READ MORE
BOA Acquisition Corp. (NYSE:BOAS) has added $147.5 million in convertible note financing to its combination with hospitality brand Selina.
Although the press release does not disclose who the additional financing is from, Sam Khazary, Selina Senior Vice President and Global Head of Corporate Development, thanked Oppenheimer & Co. ...READ MORE
ITHAX Acquisition Corp. (NASDAQ:ITHX) announced this morning it has secured an additional $20 million in funding for a total PIPE size of approximately $70 million to finance its combination with technology-first travel marketplace company Mondee. ...READ MORE
TradeUP Global Corp. (NASDAQ:TUGC) announced this afternoon that its shareholders have voted to approve its combination with crypto-mining equipment maker SAITECH.
Holders of 4,311,707 of TUGC’s ordinary shares, representing approximately 73.9% of the shares outstanding, were present at today’s meeting. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among Singapore-based companies. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hedge fund Kerrisdale Capital Management is betting against the shell company tied to Donald Trump, wagering that it will fail to get regulatory approval to merge with his media company and take it public. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Software Acquisition Group III (NASDAQ:SWAG) has added $60 million in convertible note financing to its combination with cloud software firm Nogin, which will cover the transaction’s $50 million minimum cash condition. ...READ MORE
This week, we will be speaking with Alan Baratz, CEO of D-Wave, and DPCM Capital Chairman and CEO Emil Michael.
D-Wave has developed quantum computing machines that are already powering cloud-based applications to solve business problems today. ...READ MORE
Oaktree Acquisition Corp. II (NYSE:OACB) has added up to $250 million to its combination with biosimilar drugmaker Alvotech through two facilities to replace potential redemptions.
The backstops are made up of an $150 million standby equity purchase agreement (SEPA) from YA II PN, an affiliate of Oaktree II’s sponsor, and a binding term sheet providing $75 million to $125 million in debt from Sculptor Capital Management. ...READ MORE
Yotta Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YOTAU” Wednesday, April 20, 2022.
The new SPAC intends to focus on high technology, blockchain, software and hardware, e-commerce, social media, and other general business industries globally. ...READ MORE
BRC Inc. (NYSE:BRCC) announced this afternoon that it will be calling for a “redemption fair market value” for its previously announced redemption of outstanding warrants to determine the number of shares that will be issued on a cashless exercise. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Billionaire Francois Pinault and the other founders of a blank-check firm are buying music-streaming platform Deezer in a deal valued at more than $1 billion. ...READ MORE
