Integrated Rail and Resources Acquisition Corp. (IRRX.U) Prices $200M IPO

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Northern Genesis II (NGAB) Shareholders Approve Embark Deal

Northern Genesis Acquisition Corp. II (NYSE:NGAB) secured shareholder approval of its combination with autonomous trucking technology developer Embark Trucks Inc. in a special meeting held yesterday.

NGAB’s 8-K filing disclosed that stockholders holding 29,986,289 shares exercised their right to redeem for a pro rata portion of the funds, removing 72.431% of the SPAC’s trust account. ...READ MORE

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The Latest SPAC News and Rumors: November 10, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Kin Insurance sees growth accelerate at start of fourth quarter, and Clover Health strengthens presence across Georgia with new contracts


Kin Insurance Sees Growth Accelerate at the Start of Fourth Quarter 2021, While Adjusted Loss Ratio Improves

Kin Insurance, Inc., ...READ MORE

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Arena Fortify Acquisition Corp. (AFACU) Prices $150M IPO


Arena Fortify Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AFACU” Wednesday, November 10.

The new SPAC intends to focus on acquisition candidates that have either recently emerged from bankruptcy court protection or will require incremental capital as part of a balance sheet restructuring within the broad natural resources industry. ...READ MORE

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RCF Acquisition Corp. (RCFA.U) Prices $200M IPO


RCF Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RCFA.U” Wednesday, November 10.

The new SPAC intends to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition. ...READ MORE

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The Latest SPAC News and Rumors: November 9, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Abu Dhabi proposes SPAC framework, SPAC tied to Trump’s media venture seeks Wall Street backing, and Nextdoor surges following merger


Abu Dhabi’s Stock Exchange Submits SPAC Framework Proposal

Abu Dhabi has proposed a regulatory framework to allow the listing of blank-check companies, potentially opening the door to a slew of Gulf-focused deals involving SPACs. ...READ MORE