The Latest SPAC News and Rumors: April 27, 2022

Apr 27, 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 second SPAC deal on hold, and Harley-Davidson delivers first quarter results

Hong Kong’s Second SPAC Deal Put on Hold, Source Says, Clouding Prospects

A blank-check firm backed by VMS Asset Management has paused plans to go public in Hong Kong due to highly volatile markets, clouding Hong Kong prospects for SPACs. ...READ MORE

Isleworth Healthcare (ISLE) to Combine with Cytovia Therapeutics in $367M Deal

Apr 27, 2022 INTEL by Nicholas Alan Clayton

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Archimedes Tech SPAC (ATSPT) Shareholders Approve SoundHound Deal

Apr 27, 2022 INTEL by Marlena Haddad

Archimedes Tech (NASDAQ:ATSPT) announced this morning that its shareholders have voted to approve its combination with voice AI firm SoundHound in a special meeting held yesterday.

The press release gave limited details on the transaction, including redemptions, but ATSPT traded below its trust value throughout its redemption deadline on Friday, April 22. ...READ MORE

Spring Valley (SV) Announces Preliminary Redemption Results

Apr 27, 2022 INTEL by Marlena Haddad

Spring Valley Acquisition Corporation (NASDAQ:SV) announced its redemption results in connection with its business combination with nuclear power provider NuScale Power ahead of its shareholder vote tomorrow.

Spring Valley shareholders elected to redeem an aggregate of 8,619,631 shares, or approximately 37.477% of the outstanding ordinary shares. ...READ MORE

The Latest SPAC News and Rumors: April 26, 2022

Apr 26, 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: SPACs draw Kenya’s interest, Trump’s Truth Social falls 9% following Twitter’s deal with Musk, and Ripplewood launches Amsterdam SPAC listing

SPACs Draw Kenya’s Interest Just as Industry Goes Cold in U.S.

Arogo Capital Acquisition Corp. (AOGO) to Combine with EON Reality in $655M Deal

Apr 26, 2022 INTEL by Nicholas Alan Clayton

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Aimfinity Investment Corp. I (AIMAU) Prices $70M IPO

Apr 25, 2022 IPOs by Marlena Haddad

Aimfinity Investment Corp. I priced its $70 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AIMAU” Tuesday, April 26, 2022.

The new SPAC intends to focus on identifying unique business concepts with high-performing organizations that have both aspirations to accelerate growth and create enduring value within the technology sector. ...READ MORE

Data Knights Acquisition Corp. (DKDCA) to Combine with OneMedNet Corporation in $317M Deal

Apr 25, 2022 INTEL by Marlena Haddad

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

The Latest SPAC News and Rumors: April 25, 2022

Apr 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: Bed Bath & Beyond draws interest from Tailwind SPAC, Swvl buys Turkish transit firm, and crypto platform investors sue SPAC execs over accounting

Bed Bath & Beyond Stock Jumps on Report Company Received Bids for BuyBuy Baby Unit

Bed Bath & Beyond’s (NASDAQ:BBY) shares jumped Friday on news that the company is considering offers to buy its BuyBuy Baby business. ...READ MORE

XPAC Acquisition Corp. (XPAX) to Combine with SuperBac in $380M Deal

Apr 25, 2022 INTEL by Nicholas Alan Clayton

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Crescent Term Kicks in and Starry (STRY) Adjusts Warrant Exercise Price

Apr 25, 2022 INTEL by Marlena Haddad

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 (BOAS) Secures $147.5M for Selina Deal

Apr 25, 2022 INTEL by Marlena Haddad

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 (ITHX) Upsizes PIPE for Mondee Deal

Apr 25, 2022 INTEL by Marlena Haddad

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

SPAC IPO Terms Tracker: Week of Withdrawals

Apr 23, 2022 INTEL by sam.beattie

To access this post, you must purchase 1 - User: Monthly Plan.

TradeUP Global Corp. (TUGC) Shareholders Approve SAITECH Limited Deal

Apr 22, 2022 INTEL by Marlena Haddad

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

New SPAC: Zi Toprun Files for $110M IPO to Chase AutoTech Deals

Apr 22, 2022 INTEL, New S-1 Filings by Nicholas Alan Clayton

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

The Latest SPAC News and Rumors: April 22, 2022

Apr 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: Truth Social migrates to Rumble cloud and NuScale Power collaborates with U.S.

LMF Acquisition Opportunities (LMAO) to Combine with SeaStar Medical in $85M Deal

Apr 22, 2022 INTEL by Nicholas Alan Clayton

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Top 3 SPAC Targets – Singapore

Apr 22, 2022 INTEL by Nicholas Alan Clayton

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

New SPAC: Global Blockchain Files for $150M IPO

Apr 21, 2022 INTEL, New S-1 Filings by Marlena Haddad

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.