The Latest SPAC News and Rumors: March 1, 2022

Mar 1, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Circle’s Allaire says crypto is ‘double-edged sword’ amid war, HKMA’s former chief files SPAC listing, and judge says Palihapitiya must face Clover shareholders’ lawsuit

Crypto is ‘Double-Edged Sword’ Amid War, Circle’s Allaire Says

Circle Internet Financial’s Jeremy Allaire said Russia’s attack on Ukraine highlights the paradox of cryptocurrencies for both participants and regulators. ...READ MORE

Pacifico Acquisition Corp. (PAFO) Signs Letter of Intent with Caravelle

Mar 1, 2022 INTEL by Nicholas Alan Clayton

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Valuence Merger Corp. I (VMCAU) Prices $200M IPO

Feb 28, 2022 IPOs by Marlena Haddad

Valuence Merger Corp. I announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VMCAU” Tuesday, March 1.

The new SPAC intends to acquire a business based in Asia (excluding China, Hong Kong, and Macau) that is developing breakthrough technology in life sciences or advancing a platform for sustainable technology. ...READ MORE

Supernova Partners II (SNII) Shareholders Approve Rigetti Deal

Feb 28, 2022 INTEL by Marlena Haddad

Supernova Partners Acquisition Company II (NYSE:SNII) announced this afternoon that its shareholders have voted to approve its combination with quantum computing firm Rigetti Holdings.

The announcement comes as no surprise as the SPAC disclosed on Friday morning that it expected to gain approval of the combination with sufficient cash to close the deal on March 2. ...READ MORE

The Latest SPAC News and Rumors: February 28, 2022

Feb 28, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Michael Andretti hunts for SPAC target beyond Formula One and Trinity Capital provides $25M growth capital to Cepton Technologies

Michael Andretti Hunts for SPAC Target Beyond World of Formula One

Michael Andretti speaks with Bloomberg on trying to find a target to merge with his SPAC Andretti Acquisition Corp. ...READ MORE

SPAC IPO Terms Tracker: A Short Holiday Week and War

Feb 26, 2022 INTEL by sam.beattie

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FTAC Athena Acquisition Corp. (FTAA) Terminates Pico Deal

Feb 25, 2022 INTEL by Marlena Haddad

FTAC Athena (NASDAQ:FTAA) announced this afternoon that it has agreed to mutually terminate its combination with fintech firm Pico.

While most SPAC terminations have been citing unfavorable market conditions, FTAC Athena disclosed that it was forced to terminate due to Pico’s failure to deliver financial information as required by the business combination agreement. ...READ MORE

The Latest SPAC News and Rumors: February 25, 2022

Feb 25, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Hong Kong’s first SPAC wins exchange approval for IPO, Tomorrow.io

FG Merger Corp. (FGMCU) Prices $70M IPO

Feb 25, 2022 IPOs by sam.beattie

FG Merger Corp. announced the pricing of its $70 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FGMCU” Friday, February 25.

The new SPAC intends to focus its search for a target business in the financial services industry in North America. ...READ MORE

Supernova Partners II (SNII) Pre-Announces Rigetti Deal Approval

Feb 25, 2022 INTEL by Nicholas Alan Clayton

Supernova Partners Acquisition Company II (NYSE:SNII) announced this morning that it expects to gain approval of its combination with quantum computing firm Rigetti with sufficient cash to close the deal on March 2. ...READ MORE

Delwinds Insurance (DWIN) to Combine with FOXO Technologies in $369M Deal

Feb 24, 2022 INTEL by Marlena Haddad

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GSR II Meteora Acquisition Corp. (GSRMU) Prices $275M IPO

Feb 24, 2022 IPOs by sam.beattie

GSR II Meteora Acquisition Corp. announced the pricing of its $275 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GSRMU” Friday, February 25. ...READ MORE

The Latest SPAC News and Rumors: February 24, 2022

Feb 24, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Foxo plans to go public through merger with Delwinds Insurance, Forbes announces 4Q and full-year results, and salary of Heliogen CEO could top Goldman

Life Insurance Epigenetics Startup Foxo Plans to Go Public Via SPAC

Foxo Technologies Inc., ...READ MORE

ARYA Sciences Acquisition IV (ARYD) Terminates Caritas Deal

Feb 24, 2022 INTEL by Nicholas Alan Clayton

ARYA IV (NASDAQ:ARYD) has agreed to mutually terminate its combination with the gene therapy division of biotech firm Amicus (NASDAQ:FOLD).

The news came not from ARYA IV’s end but as a part of Amicus’ quarterly updates and it primarily blamed “unfavorable market conditions affecting IPOs, follow-on financings and SPACs”. ...READ MORE

Clean Earth Acquisitions Corp. (CLINU) Prices $200M IPO

Feb 23, 2022 IPOs by Marlena Haddad

Clean Earth Acquisitions Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CLINU” Thursday, February 24.

The new SPAC intends to focus on businesses in the clean and renewable energy industry with an enterprise value of approximately $800 million to $1.5 billion, with particular emphasis on businesses that participate in the global energy transition ecosystem and facilitate the way that energy is produced, stored, transmitted, distributed and consumed, all while reducing greenhouse gas emissions. ...READ MORE

The Latest SPAC News and Rumors: February 23, 2022

Feb 23, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Lucid recalls EV sedans due to safety defect, Phunware sued by angel investors, and Gogoro manufactures one-millionth battery

Lucid Is Recalling About 200 High-End EV Sedans Due to a Safety Defect

Lucid Group Inc.(NASDAQ:LCID), ...READ MORE

Brilliant Acquisition Corp. (BRLI) to Combine with Nukkleus in $140M Deal

Feb 23, 2022 INTEL by Nicholas Alan Clayton

Brilliant (NASDAQ:BRLI) has entered into a definitive agreement to combine with payments platform Nukkleus at a pre-money enterprise value of $140 million, or about 7x its 2021 revenue.

Jersey City, New Jersey-based Nukkleus provides software to process exchanges of crypto and foreign currencies as well as contracts for differences (CFDs) for these assets. ...READ MORE

Podcast: Rezolve Founder and CEO Dan Wagner

Feb 23, 2022 INTEL, Podcasts & Webinars by Kristi Marvin

This week, we speak with Dan Wagner, Founder and CEO of Rezolve, which entered into a $1.8 billion dollar combination agreement with Armada Acquisition Corp. I (Nasdaq:AACI) , in December of 2021. ...READ MORE

The Latest SPAC News and Rumors: February 22, 2022

Feb 22, 2022 INTEL by Marlena Haddad

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

Latest SPAC News: Eni adds six banks for IPO of $11 billion renewables unit, DWAC surges after Truth Social launch, and Gulf Capital considers SPAC with Abu Dhabi listing

Eni Adds Six Banks for IPO of $11 Billion Renewables Unit

Eni SpA has picked six more banks to work on the IPO of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion). ...READ MORE

Healthcare Capital Corp. (HCCC) Shareholders Approve Alpha Tau Deal

Feb 22, 2022 INTEL by Nicholas Alan Clayton

Healthcare Capital Corp. (NASDAQ:HCCC) announced this morning that its shareholders have voted to approve its combination with Alpha Tau Medical, but has not given any hints as to its redemption figures. ...READ MORE