Western Acquisition Ventures Corp. (WAVSU) Prices $100M IPO

Jan 11, 2022 IPOs by Marlena Haddad

Western Acquisition Ventures Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WAVSU” Wednesday, January 12.

The new SPAC intends to combine with a small or mid-cap target focused on infrastructure and environmental services; health, wellness, and food sustainability; fintech and financial services; enterprise software and SaaS; or leisure and hospitality. ...READ MORE

10X Capital Venture Acquisition Corp. III (VCXB.U) Prices Upsized $261M IPO

Jan 11, 2022 IPOs by Marlena Haddad

10X Capital Venture Acquisition Corp. III announced the pricing of its upsized $261 million IPO and its units are expected to begin trading on the NYSE under the symbol “VCXB.U” Wednesday, January 12. ...READ MORE

The Latest SPAC News and Rumors: January 11, 2022

Jan 11, 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: Polestar meets sales target and SEC bars SPACs from blanket disclaimers about accounting risks

Polestar Meets Global Sales Target of 29,000 Cars in 2021 and Continues to Deliver on Ambitious Growth Plans Ahead of Proposed Listing

Polestar, the pure-play, premium electric car company, confirms that it continues to deliver on ambitious global sales, market, and retail expansion plans that underpin significant growth targets for the coming years.

Petra (PAIC) Shareholders Approve Revelation Biosciences Deal

Jan 11, 2022 INTEL by Marlena Haddad

Petra Acquisition, Inc. (NASDAQ:PAIC), in a press release today regarding it’s Phase 2b trials for REVTx-99, also announced that its shareholders approved its combination with biotech firm Revelation Biosciences in a meeting held last week. ...READ MORE

Broad Capital Acquisition Corp. (BRACU) Prices $100M IPO

Jan 11, 2022 IPOs by Marlena Haddad

Broad Capital Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BRACU” Tuesday, January 11.

The new SPAC intends to focus on businesses operating within the general aviation and aerospace industry, and the unmanned aircraft systems and advanced air mobility industries in Southeast Asia. ...READ MORE

EJF Acquisition Corp. (EJFA) Expands PIPE for Pagaya Deal to $350M

Jan 11, 2022 INTEL by Nicholas Alan Clayton

EJF Acquisition Corp. (NASDAQ:EJFA) has upsized the PIPE for its combination with Israeli fintech Pagaya from $200 million to $350 million.

New investors in the PIPE include Tiger Global, Whale Rock, Singapore’s sovereign wealth fund, the Healthcare of Ontario Pension Plan, and G Squared. ...READ MORE

Trebia (TREB) Adds $50M to Backstop for System1 Deal

Jan 10, 2022 INTEL by Marlena Haddad

Trebia (NYSE:TREB) announced this afternoon that it is has added $50 million to it’s existing backstop to its combination with marketing platform System1.

The additional financing from Cannae Holdings, Inc. (NYSE:CNNE) will help cover any redemptions by shareholders prior to closing. ...READ MORE

The Latest SPAC News and Rumors: January 10, 2022

Jan 10, 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: Social Capital Suvretta Holdings I in talks to merge with Akili Interactive while Social Capital Suvretta III in talks with ProKidney

Palihapitiya-Led SPAC Said to Discuss Akili Interactive Deal

Social Capital Suvretta Holdings Corp.

Capstar Special Purpose (CPSR) Reveals High Redemptions Ahead of Vote

Jan 10, 2022 INTEL by Nicholas Alan Clayton

Capstar (NYSE:CPSR) announced in an 8-K filing this morning that all but $3.4 million has been removed from its trust via redemptions ahead of its vote to complete its transaction with biotech firm Gelesis. ...READ MORE

SPAC IPO Terms Tracker: Slow Start to the New Year

Jan 8, 2022 INTEL by sam.beattie

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The Latest SPAC News and Rumors: January 7, 2022

Jan 7, 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: Averda in talks to go public through merger with Better World, Carousell and L Catterton said in $1.5B SPAC deal talks, and Fertitta seeks $250M payday

Dubai Waste Firm Averda Said to Be in Better World SPAC Merger Talks

Dubai-based provider of waste-disposal services Averda is in talks to go public through a merger with Better World Acquisition Corp.(NASDAQ:BWAC)

Top 3 SPAC Targets – Big Data

Jan 7, 2022 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among players in the Big Data space We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE

Viscogliosi Brothers Acquisition Corp. (VBOCU) Prices $75M IPO

Jan 7, 2022 IPOs by Marlena Haddad

Viscogliosi Brothers Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VBOCU” Friday, January 7.

The new SPAC intends to focus on businesses that have their primary operations located in North America and Europe in the neuro-musculoskeletal industry. ...READ MORE

C5 Acquisition Corp. (CXAC.U) Prices $250M IPO

Jan 6, 2022 IPOs by Marlena Haddad

C5 Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “CXAC.U” Friday, January 7.

The new SPAC intends to focus on businesses at the leading edge of national security innovation in three key sectors: Space, Cybersecurity, and Energy Transition. ...READ MORE

The Latest SPAC News and Rumors: January 6, 2022

Jan 6, 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: Vertex set to be first SPAC to list in Singapore; Delaware Chancery Court opens door to liability for SPACs

Temasek-Backed Vertex Set to Be First SPAC to List in Singapore

Singapore is about to get its first blank-check company listing, as Vertex Technology Acquisition Corporation Ltd.

Benessere Capital Acquisition Corp. (BENE) Adjourns Extension Vote Due to Low Voter Turnout

Jan 6, 2022 INTEL by Nicholas Alan Clayton

Benessere (NASDAQ:BENE) has adjourned its extension vote to 10 am ET January 7 as it works to round up votes having failed to achieve sufficient turnout at its original special meeting on January 5. ...READ MORE

Screaming Eagle Acquisition Corp. (SCRMU) Prices $750M IPO

Jan 6, 2022 IPOs by Marlena Haddad

Screaming Eagle Acquisition Corp. announced the pricing of its $750 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SCRMU” Thursday, January 6.

The new SPAC intends to combine with a media or entertainment business in international markets that have multiple, diverse potential drivers of revenue and/or earnings growth. ...READ MORE

The Latest SPAC News and Rumors: January 5, 2022

Jan 5, 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: Fertitta’s Golden Nugget taps loan market to refinance debt, ex-Citi exec and SPAC directors face trial over MultiPlan deal, and crypto YouTuber Matt Khors makes Rumble his preferred platform

Billionaire Fertitta’s Golden Nugget Taps Loan Market to Refinance Debt

Billionaire Tilman Fertitta’s casino business Golden Nugget Inc. is ...READ MORE

Cartica Acquisition Corp. (CITEU) Prices $200M IPO

Jan 4, 2022 IPOs by Marlena Haddad

Cartica Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CITEU” Wednesday, January 5.

The new SPAC intends to combine with an innovative, technology-focused business based in India with an equity value of approximately $1 billion or higher. ...READ MORE

Novus Capital Corp. II (NXU) Adds $50M to PIPE for Energy Vault Deal

Jan 4, 2022 INTEL by Marlena Haddad

Novus Capital Corp. II (NYSE:NXU) has added $50 million to its PIPE for its combination with kinetic energy storage company Energy Vault.

This new funding came from an accredited investor under the same $10 per share terms as the existing PIPE. ...READ MORE