FirstMark Horizon Acquisition Corp. (NYSE:FMAC) announced this afternoon that it entered into a Non-Redemption Agreement alongside certain accredited investors and Starry Group Holdings.
According to the Non-Redemption Agreement, certain investors of FirstMark agreed not to redeem their shares, representing 2,398,613 shares in the aggregate, at the Starry completion vote scheduled for Wednesday, March 16. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Games Global is in talks to go public through a merger with a SPAC, according to Bloomberg. ...READ MORE
This week, we speak with Tim Hwang, Founder and CEO of FiscalNote.
FiscalNote entered into a $1.2 billion dollar combination agreement with Duddell Street Acquisition Corp. (Nasdaq: DSAC), in November 2021. ...READ MORE
Lakeshore Acquisition II Corp. announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LBBBU” Wednesday, March 9.
The new SPAC’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region with the exception of a company that is headquartered in China, Hong Kong, or Macau. ...READ MORE
Spartan Acquisition Corp. III (NYSE:SPAQ) announced this afternoon that its shareholders have voted to approve its combination with Dutch electric vehicle (EV) charging company Allego.
The press release did not disclose much information on redemptions, but SPAQ has been trading above its trust value of $10 since the redemption deadline March 4. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Gogoro® Inc., ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
WeWork Inc. ...READ MORE
Pine Technology Acquisition Corp. (NASDAQ:PTOC) announced this morning that it has terminated its combination with weather-predicting software company Tomorrow.io.
The SPAC blamed “market conditions” for the breakup, but Tomorrow.io will be required to pay $1.5 million in termination fees, suggesting this may have been negotiated post the original business combination agreement. ...READ MORE
FoxWayne Enterprises Acquisition Corp. (NASDAQ:FOXW) announced this afternoon that it has agreed to mutually terminate its combination with biopharmaceutical company Aerami Therapeutics.
Similar to other recent SPAC terminations, FoxWayne has also stated that it will be terminating its combination due to unfavorable market conditions. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Grab Holdings Inc.’s ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in the defense sector. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
There’s an unwritten rule that you should never talk about politics, religion or money if you’re in a professional setting or at a cocktail party. Unfortunately, we’re going to have to break that rule. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Chamath Palihapitiya took advantage of his insider role as chairman of Virgin Galactic Holdings Inc. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Smart car technology company Ecarx Co., ...READ MORE
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
