This week, we speak with Steve Van Till, CEO of Brivo, and Crown PropTech Acquisitions CEO Ricky Chera.
Brivo entered into an $808 million combination agreement with Crown PropTech Acquisitions (NYSE:CPTK) in November. ...READ MORE
Aura FAT Projects Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AFARU” Wednesday, April 13, 2022.
The new SPAC intends to focus on new emerging technology companies with an acute growth potential in Southeast Asia and Australasia in sectors such as the Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming and other new financial technology and services sectors. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
OneDegree, a Hong Kong-based insurer of digital assets, has been approached by investment banks about going public through a blank-check company, its co-founder said. ...READ MORE
Concord Acquisition Corp.’s (NYSE:CND) crypto target, Circle, has received $400 million in funding with investments from BlackRock, Inc (NYSE:BLK), Fidelity Management and Research, Marshall Wace LLP and Fin Capital.
Although today’s investment is not directly associated with the business combination, Fidelity and Marshall Wace participated in the transaction’s original PIPE before it was cancelled and replaced with the current terms. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A Bill Ackman SPAC told a judge that proposed rules for the vehicles support its defense against a lawsuit alleging it is acting illegally as an investment company. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Dune Acquisition Corp.
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies set to see increased demand among companies that could prove resilient of even benefit should the US tip into recession. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Grove Collaborative, a leading sustainable consumer products company and Certified B Corp, announced today actress and entrepreneur Drew Barrymore has joined the Company as an investor and its first-ever Global Brand and Sustainability Advocate. ...READ MORE
Denali Capital Acquisition Corp. priced its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DECAU” Thursday, April 7.
The new SPAC intends to focus its search on technology, consumer and hospitality businesses and will not complete a business combination with a target that is headquartered in China. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Rezolve, a leader in mobile commerce and engagement, today announced an update to its 2022 outlook, with a substantial improvement in Adjusted EBITDA expected. ...READ MORE
Spring Valley (NASDAQ:SV) has added $15 million to the PIPE for its combination with nuclear power company NuScale, bringing the deal’s total PIPE proceeds to $236 million.
The transaction’s PIPE now exceeds Spring Valley’s $232 million trust and the parties had already secured the deal’s $200 million minimum cash condition with previous PIPE additions. ...READ MORE
Zanite (NASDAQ:ZNTE) announced this afternoon that it has added $10 million to its PIPE for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer, Eve.
Zanite amended the subscription agreement yesterday with a direct wholly-owned subsidiary of Embraer (EAH) pursuant to which EAH purchased an additional 1,000,000 shares for $10 million. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Citigroup Inc. is ...READ MORE
MDH Acquisition Corp. (NYSE:MDH) has mutually terminated its combination agreement with digital auto insurance provider Olive.com.
The press release did not include a reasoning for the breakup, but like many deals in the first half of 2022, the general malaise in the current market was the likely culprit. ...READ MORE
