Trepont Acquisition Corp I (NYSE:TACA) announced that it will not complete a business combination before its transaction deadline of June 4 and will therefore liquidate its trust effective June 10.
The SPAC had originally planned to hold a vote to extend its transaction deadline today, but opted to liquidate instead. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among revenue-generating fintech companies that are nearing profitability. 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.
A consortium, including LanzaTech and Danone, led to the discovery of a new route to monoethylene glycol, (MEG), which is a key building block for polyethylene terephthalate, (PET), resin, fibers and bottles. ...READ MORE
We don’t typically post Op Eds, but a buy-side individual who has been investing in SPACs since 2003 approached us wanting to offer their own perspective on the current SEC proposal. ...READ MORE
Apollo Strategic Growth Capital (NYSE:APSG) announced that its shareholders have voted to approve its combination with American Express Global Business Travel in a special meeting held earlier today.
A total of 52,956,302 Class A ordinary shares and 20,420,250 Class B ordinary shares, representing approximately 71.87% of the outstanding ordinary shares entitled to vote, 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.
MSP Recovery (NASDAQ:MSPR) was valued at $32.6 billion in its merger with special purpose acquisition company Lionheart Acquisition Corp. ...READ MORE
Haymaker Acquisition Corp. III (NASDAQ:HYAC) announced that its shareholders have voted to approve its combination with hormone-optimization medical practice builder Biote in a special meeting held earlier today.
Redemption numbers have not yet been disclosed. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The SPAC set up by Wilbur Ross, who was President Trump’s commerce secretary between 2017 and 2021, is in detailed talks about a merger with Durham-based Atom Bank. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Mondee Inc., ...READ MORE
Babylon (NYSE:BBLN) announced this morning that it has launched an offer to exchange its outstanding public warrants for 0.295 Class A shares each.
However, Babylon would like to amend the existing warrant agreement so that any warrants not exchanged in the tender offer at this ratio will be automatically exchanged at a ratio that is 10% less at 0.2655. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in the North American oil and gas sector. 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.
Investcorp is considering listing a special purpose acquisition company in the UAE, according to people with knowledge of the matter, boosting momentum for the Middle East’s nascent blank-check market. ...READ MORE
