CITIC (NYSE:CCAC) announced this afternoon that its shareholders have approved its combination with lidar-maker Quanergy in a special meeting held this morning.
A total of 23,993,179, or 69.55%, of the company’s issued and outstanding ordinary shares were present either in person or by proxy at today’s meeting. ...READ MORE
Ivanhoe Capital (NYSE:IVAN) announced this afternoon that it expects to receive shareholder approval at its special meeting set to vote on its combination with EV battery-maker SES tomorrow.
This vote will not be final until after the meeting concludes tomorrow, but considering the good results in a very challenging market environment, a press release of this nature is certainly welcome. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
India’s most valuable startup, the online education provider Byju’s, is in negotiations with at least three SPACs and is aiming to unveil plans to go public via a merger with one of them in three to four weeks, according to people familiar with the matter. ...READ MORE
Blue World Acquisition Corporation announced the pricing of its $80 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BWAQU” Monday, January 31.
The new SPAC intends to focus on opportunities in marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, and related industry segments globally. ...READ MORE
As another special episode, and some bonus weekend-content, Niccolo de Masi, the CEO of the dMY Technology SPACs, is back to discuss the 2022 SPAC market.
Niccolo previously spoke with us in November to give us his views on the challenging SPAC environment in the fourth quarter of 2021. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Rigetti Computing, a pioneer in hybrid quantum-classical computing systems, announced today it has been selected to deliver hardware, software and benchmarks for phase two of a DARPA (Defense Advanced Research Projects Agency) program to develop quantum computers capable of solving complex optimization problems. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among Latin American companies. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Brand Velocity Acquisition Corp., ...READ MORE
Omnichannel Acquisition Corp. (NYSE:OCA) and direct-to-consumer homeowners insurance technology company Kin Insurance announced this afternoon that they have opted to mutually terminate their business combination agreement.
The SPAC cited unfavorable market conditions in its press release on the termination, but will turn back to the work of meeting with targets who can benefit from their team of consumer founders and operators. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
26 Capital Acquisition Corp. ...READ MORE
Sports Entertainment (NYSE:SEAH) announced in a press release that its shareholders have approved its combination with online sports betting company Super Group in a special meeting held this morning.
The transaction is expected to generate approximately $202.4 million from SEAH trust proceeds, reflecting approximately 55% of the publicly held shares that were submitted for redemption. ...READ MORE
This week, we speak with Marc Bell, CEO and Co-Founder of Terran Orbital. Terran Orbital entered into a $1.5 billion combination with Tailwind Two Acquisition Corp. (NYSE:TWNT) in October of 2021. ...READ MORE
CF Acquisition Corp. V (NASDAQ:CFV) announced in a press release today that its shareholders have approved its combination with orbital imagery company Satellogic in a special meeting held yesterday.
CFV disclosed in an 8-K filing that holders of 23,143,646 shares elected to redeem in connection with the business combination, removing 92.575% of CFV’s trust. ...READ MORE
