SPAC IPO Terms Tracker: Heading into May
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The Latest SPAC News and Rumors: April 29, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: DWAC jumps after Trump posts on Truth Social, and Eve provides business updates
Stock of SPAC Buying Truth Social Jumps After Trump Posts for First Time in Months
Shares of Digital World Acquisition Corp. ...READ MORE
Top 3 SPAC Targets – Ghost Kitchens
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies developing ghost kitchen business models. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Spring Valley (SV) Shareholders Approve NuScale Deal
SV (NASDAQ:SV) announced this afternoon that its shareholders have voted to approve its combination with nuclear power provider NuScale Power in a special meeting held today.
The SPAC announced its redemption results yesterday, disclosing that shareholders elected to redeem an aggregate of 8,619,631 shares, or approximately 37.477% of the outstanding ordinary shares. ...READ MORE
Ackman Pulls NYSE Rule Change Proposal
Intends to list SPARS on OTC instead
This afternoon, Pershing Square SPARC Holdings, which is the affiliate of Pershing Square Tontine Holdings (NYSE: PSTH), put out a press release stating they intend to withdraw their proposed amendment to the New York Stock Exchanges listing rules that would have allowed SPARC warrants, or “SPARs”, to trade on the NYSE. ...READ MORE
The Latest SPAC News and Rumors: April 28, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Dubai’s Averda plans IPO after ditching SPAC talks, Truth Social back on top of Apple’s App Store, and springbig partners with Tymber
Dubai’s Averda Explores IPO After Ditching SPAC Merger Talks
Averda is exploring an initial public offering in Saudi Arabia or the United Arab Emirates, according to people familiar with the matter, the latest firm seeking to join a wave of listings in the Persian Gulf. ...READ MORE
Mallard Acquisition Corp. (MACU) Chooses Liquidation over Extension
Mallard (NASDAQ:MACU) announced this morning that it plans to begin liquidating its trust on April 29, after facing high redemptions connected with its April 25 vote to extend its transaction deadline to October 29. ...READ MORE
Chenghe Acquisition Co. (CHEAU) Prices $100M IPO
Chenghe Acquisition Co. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHEAU” Thursday, April 28, 2022.
The new SPAC intends to focus on financial technology or technology-enabled financial service companies, including artificial intelligence, big data, cloud and blockchain-related initiatives in Asian markets. ...READ MORE
ClimateRock (CLRCU) Prices $75M IPO
ClimateRock priced its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CLRCU” Thursday, April 28, 2022.
The new SPAC intends to acquire a target within the sustainable energy industry in the Organization for Economic Co-operation and Development (“OECD”) countries, including climate change, environment, renewable energy and emerging, clean technologies. ...READ MORE
The Latest SPAC News and Rumors: April 27, 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 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
Archimedes Tech SPAC (ATSPT) Shareholders Approve SoundHound Deal
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
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
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.
...READ MORE
Aimfinity Investment Corp. I (AIMAU) Prices $70M IPO
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
