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
Yellowstone Acquisition Company (NASDAQ:YSAC) announced that its shareholders have approved its combination with airport hanger manager Sky Harbour in a special meeting held earlier today.
An aggregate of 12,061,401 shares of Yellowstone’s common stock were presented for redemption, removing 88.694% of YSAC’s trust. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
LatAmGrowth SPAC announced the pricing of its $130 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LATGU” Tuesday, January 25.
The new SPAC intends to focus its search on high-growth companies in Latin America, including Brazil, as well as businesses located in the United States that cater to the Hispanic community: (1) with significant technological advantages, and/or (2) that are well-positioned to benefit from the favorable structural and secular trends of the emerging middle class. ...READ MORE
Keyarch Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “KYCHU” Tuesday, January 25.
The new SPAC intends to focus its search for a target on disruptive technology and innovative services companies in developed economies such as the U.S. and ...READ MORE
Venus (NASDAQ:VENA) announced this afternoon that it is has terminated its original backstop, and added a new backstop agreement to its combination with VIYI Algorithm.
The SPAC initially entered into a backstop agreement up to $10 million with Ever Abundant Investments Limited when it announced its $400 million deal on June 10. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Wynn Resorts (NASDAQ:WYNN) is looking to unload its online sports-betting business at a steep discount as the fledgling niche faces painful losses from stiff taxes and costly promotions needed to lure customers, according to The Post. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
PetSmart (NASDAQ:PETM) is in talks to go public through a blank-check company backed by private equity firm KKR & Co., ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies with enterprises values of $10 billion or larger. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Heartland Media Acquisition Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “HMA.U” Friday, January 21.
The new SPAC intends to focus its search on a business in the media, entertainment and sports sectors with a strong management team. ...READ MORE
Kensington Capital IV (NYSE: KCAC.U) filed for a $200 million new SPAC tonight, and while this is their fourth SPAC, they’ve gone slightly out of order. Kensington I & II have completed their transactions with Quantumscape and Wallbox, respectively, but they also currently have Kensington V out searching. ...READ MORE
KnightSwan Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “KNSW.U” Friday, January 21.
The new SPAC intends to identify businesses at the leading edge of technological innovation in three key sectors: cloud, cybersecurity, and mission intelligence. ...READ MORE
HCM Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCMAU” Friday, January 21.
The new SPAC intends to identify businesses that provide disruptive technology or innovations within the financial services industry. ...READ MORE
Vistas Media Acquisition Company (NASDAQ:VMAC) announced in a press release today that its shareholders have approved its combination with streaming service Anghami in a special meeting held yesterday.
VMAC saw 9,757,033 shares redeemed, representing 97.57% of pubic shareholders, leaving just 242,967 public SPAC shares post-vote. ...READ MORE
Trebia Acquisition Corp. (NYSE:TREB) announced that its shareholders approved its combination with marketing platform System1 and Protected.net in a special meeting held earlier today.
Although the press release did not disclose redemption amounts, TREB traded below $10 throughout its redemption deadline January 18, and opened today at $8.23. ...READ MORE
