The Latest SPAC News and Rumors: March 2, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Ecarx weighs $4B SPAC merger, road-side assistance firm Urgently in Graf merger talks, and Polestar unveils concept car
Geely-Backed Ecarx Weighs SPAC Merger at $4 Billion Value
Smart car technology company Ecarx Co., ...READ MORE
Mark Stone, CEO of the Gores Team, Discusses the Past, Present & Future SPAC Market
As another special bonus episode, we spoke with Mark Stone, the CEO of the Gores Team SPACs.
Mark discusses how both the SPAC market and the Gores playbook have evolved over their transactions dating back to the team’s first deal with Hostess Brands, back in 2016. ...READ MORE
Kensington Capital Acquisition Corp. IV (KCA.U) Prices $200M IPO
Kensington Capital Acquisition Corp. IV announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “KCAC.U” Wednesday, March 2. ...READ MORE
SHUAA Partners Acquisition Corp. I (SHUAU) Prices $100M IPO
SHUAA Partners Acquisition Corp. I announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SHUAU” Wednesday, March 2. ...READ MORE
Sound Point Acquisition Corp. I Ltd (SPCMU) Prices Upsized $225M IPO
Sound Point Acquisition Corp. I Ltd announced the pricing of its upsized $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPCMU” Wednesday, March 2. ...READ MORE
The Latest SPAC News and Rumors: March 1, 2022
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
Valuence Merger Corp. I (VMCAU) Prices $200M IPO
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
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
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
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FTAC Athena Acquisition Corp. (FTAA) Terminates Pico Deal
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
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
...READ MORE
FG Merger Corp. (FGMCU) Prices $70M IPO
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
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
GSR II Meteora Acquisition Corp. (GSRMU) Prices $275M IPO
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
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
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