Pioneer Merger Corp. (Nasdaq:PACX) and Acorns, the saving and investing app, announced this morning via 8-K that they have opted to mutually terminate their business combination agreement.
While we do not have a formal press release, according to Bloomberg, the deal was terminated due to market conditions. ...READ MORE
CF Acquisition Corp V. (NASDAQ:CFV) announced this morning that it has added $150 million to its combination with orbital imagery company Satellogic.
The new investment comes from Steven Mnuchin’s private equity firm Liberty Strategic Capital, bringing the total capital raised to more than $265 million, net of expected redemptions of CFV stock, and including a $100 million combined investment led by SoftBank and Cantor Fitzgerald, among other institutional investors. ...READ MORE
Poema Global Holdings Corp. (NASDAQ:PPGH) announced this morning that it has added $27.5 million to the PIPE for its combination with e-bike charging network provider Gogoro.
The new investment at $10 per share comes from Gogoro strategic partner Hero MotoCorp and ESG investor Engine No. ...READ MORE
Technology & Telecommunication Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TETEU” Tuesday, January 18. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Akulaku Inc., ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies set to see demand increase amid the “Great Resignation.” We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
As another special bonus episode, we spoke with Harry Sloan, who has been CEO or Chairman on eight of the Eagle SPACs, including Diamond Eagle, which combined with DraftKings in 2020. ...READ MORE
Papaya Growth Opportunity Corp. I announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PPYAU” Friday, January 14. ...READ MORE
Atlantic Coastal Acquisition Corp. II announced the pricing of its upsized $261 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ACABU” Friday, January 14. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The Singapore stock exchange is poised to list its first SPAC as early as next week, which could put it ahead of rival Hong Kong in welcoming the popular new form of fundraising. ...READ MORE
Consilium Acquisition Corp. I, Ltd. announced the pricing of its upsized $165 million IPO, and its units are expected to begin trading on the Nasdaq under the symbol “CSLMU” Thursday, January 13. ...READ MORE
Andretti Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “WNNR.U” Thursday, January 13.
The new SPAC intends to focus on opportunities that can benefit from the iconic Andretti brand name, both inside and outside of the worldwide motorsports platform, and the expertise and ability of its management team to identify, acquire and grow a business in the broadly-defined automotive industry. ...READ MORE
Decarbonization Plus Acquisition Corp. II (NASDAQ:DCRN) announced that its shareholders have approved its combination with EV direct current charger manufacturer Tritium in a special meeting held earlier today.
Approximately 96.6% of the votes cast and 58% of the outstanding shares of common stock of DCRN voted in favor of the business combination proposal. ...READ MORE
Capstar Special Purpose Acquisition Corp. (NYSE:CPSR) announced today that its shareholders have approved its combination with biotherapeutics firm Gelesis.
The deal was approved with a total of 24,835,281 votes in favor of the combination. ...READ MORE
This week we spoke with Chet Kanojia, co-founder of Starry, which announced a business combination with FirstMark Horizon Acquisition Corp. in October.
Starry is an internet service provider deploying home internet with wireless broadband. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Buyout firm Primavera Capital and the investing arm of ABC International Holdings Ltd. ...READ MORE
Gores Holdings IX, Inc. announced the pricing of its $525 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GHIXU” Wednesday, January 12.
The new SPAC intends to combine with a target that is undergoing a change in capital structure, strategy, or operations in the industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer product sectors. ...READ MORE
