The Latest SPAC News and Rumors: November 30, 2021
Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Bullish obtains regulatory license in Gibraltar, and Ackman will need new law to beat lawsuit, investor says
Bullish Goes Live With Institutional Customers After Obtaining Regulatory License in Gibraltar
Bullish, a blockchain-based cryptocurrency exchange, today announced the initial launch of its platform to select institutional customers, following the receipt of a distributed ledger technology license from the Gibraltar Financial Services Commission (GFSC). ...READ MORE
ION 2 (IACB) Shareholders Approve Innovid Deal
ION Acquisition Corp 2 Ltd. (NYSE:IACB) secured shareholder approval of its combination with ad delivery platform Innovid in a special meeting yesterday.
The combination was approved by 97.4% of participating shares, but it also saw 19,585,174 shares redeemed, removing about 77.4% of the value of its trust, estimated at $253 million heading into the vote. ...READ MORE
Canna-Global Acquisition Corp. (CNGLU) Prices $200M IPO
Canna-Global Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CNGLU” Tuesday, November 30.
The new SPAC intends to focus its search on target business addressing a large market opportunity with a company that is driving its growth in the medicinal cannabis or cannabinoid industry, which is compliant with all applicable laws and regulations within the jurisdictions in which it is located or operates. ...READ MORE
The Latest SPAC News and Rumors: November 29, 2021
Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Boxed acquires MaxDelivery and Revelation Biosciences announces creation and appointments to scientific advisory board
Boxed Expands into Fast, Fresh Grocery Delivery with Acquisition of MaxDelivery
Boxed, an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced the signing of a definitive agreement to acquire MaxDelivery, one of New York’s first on-demand grocery delivery services. ...READ MORE
Seven Oaks (SVOK) Adds FPA to Boxed Deal
Seven Oaks (NASDAQ:SVOK) announced this morning that it has supplemented the financing for its business combination with e-commerce grocery platform Boxed by adding a forward purchase agreement.
An affiliate of Atalaya Capital Management, a privately-held alternative investment advisory firm that focuses primarily on private credit and special opportunities investments, has agreed to an FPA of up to $100 million with Seven Oaks. ...READ MORE
AerSale (ASLE) Calls All Warrants on Cashless Basis
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TOMORROW: SPACs Go Global: Legal Insights and Market Trends
Don’t forget to register for tomorrow’s SPAC Webinar
SPACs Go Global: Legal Insights and Market Trends
Join us for a virtual panel on November 30, 2021
Participants will gain insight into the use of Special Purpose Acquisition Companies (SPACs) within Europe, Asia, and Latin America and the comparative opportunities and challenges of different regulatory frameworks in key jurisdictions. ...READ MORE
SPAC IPO Terms Tracker: A Rush of New SPACs
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Ackman’s Pershing Square SPARC Holdings Files S-1
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The Latest SPAC News and Rumors: November 26, 2021
Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Griid in talks to merge with Adit EdTech and Essentium in talks to go public through Atlantic Coast SPAC
Bitcoin Miner Griid Is In Talks To Go Public Via Merger With Adit EdTech SPAC
Bitcoin miner Griid Infrastructure is in talks to go public through a merger with a SPAC, according to Bloomberg. ...READ MORE
Astra (ASTR) Calls All Outstanding SPAC Warrants
Astra (NASDAQ:ASTR) announced that it will be calling its warrants for shares as of December 27 based on the share trading above the $10.00 trigger price.
Warrantholders have until 5 pm EST on the 27th of December to exercise their warrants on a “cashless basis”. ...READ MORE
Everest Consolidator Acquisition Corp. (MNTN.U) Prices $150M IPO
Everest Consolidator Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “MNTN.U” Wednesday, November 24.
The new SPAC intends to combine with a business in the wealth management industry, including independent financial advisory providers as well as wealth management-focused technology companies (“Wealthtech” companies). ...READ MORE