The Latest SPAC News and Rumors: October 1, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Solid Power awarded $12.5 million to develop nickel- and cobalt-free all-solid-state battery cells; MSP Recovery enters into $3 billion agreement with Virage Capital Management
Solid Power Awarded Up To $12.5 Million to Develop Nickel- and Cobalt-Free All-Solid-State Battery Cells
Solid Power, Inc., ...READ MORE
dMY Technology Group, Inc. VI (DMYS) Prices Upsized $210M IPO
dMY Technology Group, Inc. VI announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the NYSE under the symbol “DMYS.U” Friday, October 1. ...READ MORE
Top 3 SPAC Targets – Kitchentech
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the companies changing the way food and beverages are produced. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Marblegate Acquisition Corp. (GATEU) Prices $300M IPO
Marblegate Acquisition Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GATEU” Friday, October 1.
The Company aims to identify, acquire and build an under-covered enterprise that has recently gone through a restructuring within a niche market. ...READ MORE
Monterey Bio Acquisition Corp. (MTRYU) Prices $100M IPO
Monterey Bio Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MTRYU” Friday, October 1.
The Company intends to partner with a biotech company, specifically within the oncology or immunology sector, that has demonstrated success and is primed to thrive in the rapidly evolving biotech industry. ...READ MORE
Kensington Capital Acquisition Corp. II (KCAC) Shareholders Approve Wallbox Deal
Kensington Capital Acquisition Corp. II (NYSE:KCAC) secured shareholder approval of its combination with electric vehicle (EV) charging station provider Wallbox today after obtaining an additional PIPE for the deal.
Holders of 22,013,340 shares of KCAC were present at today’s meeting, representing 76.56% of the voting power. ...READ MORE
The Latest SPAC News and Rumors: September 30, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Lordstown nears deal to sell Ohio car factory to Taiwan’s Foxconn; Palihapitiya says SPAC slowdown separated ‘wheat from chaff’
Lordstown Nears Deal to Sell Ohio Plant to Taiwan’s Foxconn
Electric-truck maker Lordstown Motors Corp. ...READ MORE
Kensington Capital II (KCAC) Adds New PIPE
Kensington II (NYSE:KCAC) announced this morning that it has arranged an additional $11 million PIPE for its deal with EV-charger Wallbox that saw redemptions drop its funds below the minimum cash condition. ...READ MORE
Artemis Strategic Investment Corp. (ARTEU) Prices $175M IPO
Artemis Strategic Investment Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARTEU” Thursday, September 30.
The Company intends to combine with targets in the gaming, hospitality and entertainment industries, including transformational technology companies operating in these industries. Artemis ...READ MORE
Home Plate Acquisition Corp. (HPLTU) Prices $200M IPO
Home Plate Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HPLTU” Thursday, September 30.
The Company intends to focus its efforts on identifying high growth, U.S. ...READ MORE
Cerberus Telecom Acquisition Corp. (CTAC) Shareholders Approve KORE Wireless Deal
Cerberus Telecom (NYSE:CTAC) announced in an 8-K filing today that its shareholders approved its combination with internet-of-things (IoT) provider KORE Wireless at a shareholder vote held earlier today.
A total of 22,240,970 shares were redeemed in connection with the meeting, removing 85.76% of the SPAC’s trust and leaving $36.9 million remaining. ...READ MORE
The Latest SPAC News and Rumors: September 29, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SEC tightens SPAC accounting rules, Mahindra weighs funding options for electric supercar unit, and Lucid to start deliveries of electric sedans
U.S.
...READ MORE
MELI Kaszek Pioneer Corp. (MEKA) Prices $250M IPO
MELI Kaszek Pioneer Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MEKA” Wednesday, September 29. ...READ MORE
Montes Archimedes Acquisition Corp. (MAAC) Shareholders Approve Roivant Sciences Deal
Montes Archimedes Acquisition Corp. (NASDAQ:MAAC) announced that it experienced high redemptions, but secured shareholder approval of its combination with biotech firm Roivant Sciences at a special meeting yesterday.
A total of 38,400,312 shares, representing about 93.5% of all outstanding shares, were redeemed in connection with the vote leaving approximately 2,671,508 public SPAC shares and roughly $26.7 million remaining in trust. ...READ MORE
Star Peak Corp. II (STPC) Shareholders Approve Benson Hill Deal
Star Peak Corp. II (NYSE:STPC) announced in an 8-K filing this morning that its shareholders approved its combination with food technology company Benson Hill at a shareholder vote held yesterday, but saw significant redemptions like many of its peers this month. ...READ MORE
Galileo Acquisition Corp. (GLEO) Shareholders Approve Shapeways Deal
Galileo Acquisition Corp. (NYSE:GLEO) announced in an 8-K filing this morning that its shareholders approved its combination with additive manufacturing firm Shapeways, albeit with high redemptions.
In connection with the special meeting held yesterday, 11,018,352 shares were redeemed, removing 79.8% of Galileo’s trust. ...READ MORE
CA Healthcare Acquisition Corp. (CAHC) Shareholders Approve LumiraDx Deal
CA Healthcare Acquisition Corp. (NASDAQ:CAHC) announced in a press release today that its shareholders approved its combination with medical device-maker LumiraDx at a shareholder vote held earlier today.
Although the press release did not disclose information on its redemptions, CAHC traded above $10 throughout its redemption deadline September 24. ...READ MORE
Hennessy Capital Investment Corp. VI (HCVIU) Prices $300M IPO
Hennessy Capital Investment Corp. VI announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCVIU” Wednesday, September 29. ...READ MORE
