The Latest SPAC News and Rumors: January 11, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Petra (PAIC) Shareholders Approve Revelation Biosciences Deal
Petra Acquisition, Inc. (NASDAQ:PAIC), in a press release today regarding it’s Phase 2b trials for REVTx-99, also announced that its shareholders approved its combination with biotech firm Revelation Biosciences in a meeting held last week. ...READ MORE
Broad Capital Acquisition Corp. (BRACU) Prices $100M IPO
Broad Capital Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BRACU” Tuesday, January 11.
The new SPAC intends to focus on businesses operating within the general aviation and aerospace industry, and the unmanned aircraft systems and advanced air mobility industries in Southeast Asia. ...READ MORE
EJF Acquisition Corp. (EJFA) Expands PIPE for Pagaya Deal to $350M
EJF Acquisition Corp. (NASDAQ:EJFA) has upsized the PIPE for its combination with Israeli fintech Pagaya from $200 million to $350 million.
New investors in the PIPE include Tiger Global, Whale Rock, Singapore’s sovereign wealth fund, the Healthcare of Ontario Pension Plan, and G Squared. ...READ MORE
Trebia (TREB) Adds $50M to Backstop for System1 Deal
Trebia (NYSE:TREB) announced this afternoon that it is has added $50 million to it’s existing backstop to its combination with marketing platform System1.
The additional financing from Cannae Holdings, Inc. (NYSE:CNNE) will help cover any redemptions by shareholders prior to closing. ...READ MORE
The Latest SPAC News and Rumors: January 10, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Social Capital Suvretta Holdings I in talks to merge with Akili Interactive while Social Capital Suvretta III in talks with ProKidney
Palihapitiya-Led SPAC Said to Discuss Akili Interactive Deal
...READ MORE
Capstar Special Purpose (CPSR) Reveals High Redemptions Ahead of Vote
Capstar (NYSE:CPSR) announced in an 8-K filing this morning that all but $3.4 million has been removed from its trust via redemptions ahead of its vote to complete its transaction with biotech firm Gelesis. ...READ MORE
SPAC IPO Terms Tracker: Slow Start to the New Year
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The Latest SPAC News and Rumors: January 7, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Averda in talks to go public through merger with Better World, Carousell and L Catterton said in $1.5B SPAC deal talks, and Fertitta seeks $250M payday
Dubai Waste Firm Averda Said to Be in Better World SPAC Merger Talks
...READ MORE
Top 3 SPAC Targets – Big Data
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among players in the Big Data space We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Viscogliosi Brothers Acquisition Corp. (VBOCU) Prices $75M IPO
Viscogliosi Brothers Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VBOCU” Friday, January 7.
The new SPAC intends to focus on businesses that have their primary operations located in North America and Europe in the neuro-musculoskeletal industry. ...READ MORE
C5 Acquisition Corp. (CXAC.U) Prices $250M IPO
C5 Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “CXAC.U” Friday, January 7.
The new SPAC intends to focus on businesses at the leading edge of national security innovation in three key sectors: Space, Cybersecurity, and Energy Transition. ...READ MORE
The Latest SPAC News and Rumors: January 6, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Vertex set to be first SPAC to list in Singapore; Delaware Chancery Court opens door to liability for SPACs
Temasek-Backed Vertex Set to Be First SPAC to List in Singapore
...READ MORE
Benessere Capital Acquisition Corp. (BENE) Adjourns Extension Vote Due to Low Voter Turnout
Benessere (NASDAQ:BENE) has adjourned its extension vote to 10 am ET January 7 as it works to round up votes having failed to achieve sufficient turnout at its original special meeting on January 5. ...READ MORE
Screaming Eagle Acquisition Corp. (SCRMU) Prices $750M IPO
Screaming Eagle Acquisition Corp. announced the pricing of its $750 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SCRMU” Thursday, January 6.
The new SPAC intends to combine with a media or entertainment business in international markets that have multiple, diverse potential drivers of revenue and/or earnings growth. ...READ MORE
The Latest SPAC News and Rumors: January 5, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Fertitta’s Golden Nugget taps loan market to refinance debt, ex-Citi exec and SPAC directors face trial over MultiPlan deal, and crypto YouTuber Matt Khors makes Rumble his preferred platform
Billionaire Fertitta’s Golden Nugget Taps Loan Market to Refinance Debt
Billionaire Tilman Fertitta’s casino business Golden Nugget Inc. is ...READ MORE
Cartica Acquisition Corp. (CITEU) Prices $200M IPO
Cartica Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CITEU” Wednesday, January 5.
The new SPAC intends to combine with an innovative, technology-focused business based in India with an equity value of approximately $1 billion or higher. ...READ MORE
Novus Capital Corp. II (NXU) Adds $50M to PIPE for Energy Vault Deal
Novus Capital Corp. II (NYSE:NXU) has added $50 million to its PIPE for its combination with kinetic energy storage company Energy Vault.
This new funding came from an accredited investor under the same $10 per share terms as the existing PIPE. ...READ MORE
VPC Impact III (VPCC) Shareholders Approve Dave Deal
VPC Impact Acquisition Holdings III, Inc. (NYSE:VPCC) announced today that its shareholders have approved its combination with fintech platform Dave.
The vote was overwhelmingly approved as it received 22,703,814 votes in favor of the business combination. ...READ MORE
The Latest SPAC News and Rumors: January 4, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Pico acquires Redline Trading Solutions, Anghami delivers new user experience through partnership with Amazon Alexa, and Novo Tellus gets nod for SPAC listing
Pico Acquires Redline Trading Solutions
Pico, a leading provider of mission critical technology, data and analytic services for the financial markets community, today announced that it has acquired Redline Trading Solutions, a multi award-winning provider of high performance trading and market data software solutions. ...READ MORE