The Latest SPAC News and Rumors: December 27, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Temasek-backed Vertex gets approval to list SPAC in Singapore; Colin Kaepernick’s SPAC deal collapses
Temasek-Backed Vertex Wins Nod for SPAC Listing in Singapore
Temasek Holdings Pte-backed Vertex Venture Holdings Ltd. has ...READ MORE
Li-Cycle (LICY) to Redeem All Outstanding Warrants
Li-Cycle (NYSE:LICY) announced this morning that it will redeem all outstanding warrants on January 26, 2022 at a price of $0.10 per warrant.
Warrantholders have until this date to choose to either exercise these 1/2 warrants to purchase shares at $11.50 per share or surrender them on a cashless basis. ...READ MORE
Zanite Acquisition Corp. (ZNTE) Adds $10M to PIPE for Eve Deal
Zanite (NASDAQ:ZNTE) announced this morning in an 8-K that it has added $10 million to the PIPE for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer Eve.
The parties agreed to this addition on Christmas Eve, topping off the PIPE to a total of $315 million. ...READ MORE
SPAC IPO Terms Tracker: Christmas Week
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Serial Sponsors Table Added to the Database
For subscribers that have a Database Subscription, a new table has been added and you can now find it under the main SPACs tab: Serial Sponsors Table.
On the new page you will find a detailed table showing each Serial SPAC Team’s results with a default ranking based on the average return on the share prices of all of their completed combinations within the time period of 2009 to current-date. ...READ MORE
Arogo Capital Acquisition Corp. (AOGOU) Prices $90M IPO
Arogo Capital Acquisition Corp. announced the pricing of its $90 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AOGOU” Monday, December 27, 2021
The new SPAC intends to focus its search for a target business with operations or prospective operations in electric vehicles (EV) technology, smart mobility or sustainable transportation and related business ecosystems in the Asia Pacific, primarily Southeast Asia, where the management team has extensive experience in the information technology, transportation operations, and manufacturing industries. ...READ MORE
The Latest SPAC News and Rumors: December 23, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Ackman investors on Reddit defend SPAC against shareholder claims and Wejo restates accounts after listing
Ackman SPAC Investors Defend It Against Fellow Shareholder’s Claims
Investors in Bill Ackman’s Pershing Square Tontine Holdings Ltd. ...READ MORE
FS Development Corp. II (FSII) Shareholders Approve Pardes Biosciences Deal
FS Development Corp. II (NASDAQ:FSII) filed an 8-K this morning revealing that its shareholders have approved its combination with antiviral drug developer firm Pardes Biosciences.
Just 243,989 shares, or 1.2%, were redeemed in connection with the vote, removing roughly $2.4 million from its estimated trust of $201 million. ...READ MORE
Rocket Lab (RKLB) Announces Redemption of Warrants
Rocket Lab (NASDAQ:RKLB) announced this afternoon that it will be calling its warrant for shares as of January 21, 2022, based on the share trading above the $10.00 trigger price.
Warrantholders have until 5 pm EST on the 21st to exercise their warrants for shares at an exercise price of $11.50 or exercise them on a cashless basis. ...READ MORE
The Latest SPAC News and Rumors: December 22, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Private investors plot Forbes buyout, and Virgin Orbit and Arqit expand launch agreements
Private Investors Plot Forbes Buyout
Investment firm GSV is working on a bid to buy Forbes Media at a $620 million valuation as an alternative to Forbes’ announced SPAC merger with Magnum Opus (NYSE:OPA), Axios has learned. ...READ MORE
HealthCor Catalio Acquisition Corp. (HCAQ) Shareholders Approve Hyperfine and Liminal Sciences Deal
HealthCor Catalio Acquisition Corp. (NASDAQ:HCAQ) announced in an 8-K filing that its shareholders approved its combination with medical technology firms Hyperfine and Liminal Sciences, albeit with high redemptions, at a special meeting yesterday. ...READ MORE
