The Latest SPAC News and Rumors: October 15, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: ECombustible in talks to merge with Benessere Capital; Redbox teams up with entertainment company Curiosity on multi-faceted agreement
Hydrogen Fuel Firm ECombustible Eyes Up to $1 Billion SPAC Deal
ECombustible, a maker of hydrogen-based fuel, is in talks to merge with blank-check firm Benessere Capital Acquisition Corp. ...READ MORE
Horizon Acquisition Corp. (HZAC) Shareholders Approve Vivid Seats Deal
Horizon Acquisition Corp. (NYSE:HZAC) secured shareholder approval of its combination with ticket marketplace Vivid Seats in a meeting held yesterday.
Approximately 95.5% of the votes cast at yesterday’s special meeting were in favor of the business combination. ...READ MORE
Top 3 SPAC Targets – 5G/Fiber
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the companies expanding 5G and fiber infrastructure. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Achari Ventures Holding Corp. I (AVHIU) Prices $100M IPO
Achari Ventures Holding Corp. I announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “AVHIU” Friday, October 15. ...READ MORE
PepperLime Health Acquisition Corp. (PEPLU) Prices $150M IPO
PepperLime Health Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “PEPLU” Friday, October 15. ...READ MORE
Compass Digital Acquisition Corp. (CDAQU) Prices $200M IPO
Compass Digital Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CDAQU” Friday, October 15. ...READ MORE
Founder SPAC (FOUNU) Prices $275M IPO
Founder SPAC announced the pricing of its $275 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FOUNU” Friday, October 15.
The new SPAC intends to focus on finding high-quality companies actively engaged in the digital transformational change with an enterprise value between $1.0 to $2.5 billion, with an emphasis on SaaS applications, optimization solutions, security, edge computing, and AI. ...READ MORE
Sanaby Health Acquisition Corp. I (SANBU) Prices $150M IPO
Sanaby Health Acquisition Corp. I announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “SANBU” Friday, October 15. ...READ MORE
VPC Impact (VIH) Shareholders Approve Bakkt Deal
VPC Impact Acquisition Holdings (NASDAQ:VIH) secured shareholder approval of its combination with digital asset marketplace Bakkt Holdings today after pre-announcing its redemption amounts yesterday morning.
Today’s 8-K filing provided further transparency into VIH’s redemptions, disclosing that a total of 8,452,042 shares were redeemed in connection with the business combination, removing 40.76% of the SPAC’s trust. ...READ MORE
Legato Merger Corp. (LEGO) Shareholders Approve Algoma Steel Deal
Legato Merger Corp. (NASDAQ:LEGO) announced in a press release today that it received shareholder approval of its combination with steel producer Algoma Steel Inc. in a meeting held earlier this morning. ...READ MORE
The Latest SPAC News and Rumors: October 14, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: ELMS signs battery supply deal with CATL, Redbox enters into multiyear distribution deal with Lionsgate, and NextNav collaborates with Qualcomm
Commercial EV Startup ELMS Signs Battery Supply Deal with CATL
U.S. ...READ MORE
Black Mountain Acquisition Corp. (BMAC.U) Prices Upsized $240M IPO
Black Mountain Acquisition Corp. announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the NYSE under the symbol “BMAC.U” Thursday, October 14. ...READ MORE
Rose Hill Acquisition Corp. (ROSEU) Prices $125M IPO
Rose Hill Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ROSEU” Thursday, October 14. ...READ MORE
