Churchill Capital Corp. IV (NYSE:CCIV) announced in a press release this morning that its shareholders approved its combination with luxury electric vehicle company Lucid Motors along with all other proposals in a meeting held earlier this morning. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets in apparel. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Belong Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “BLNGU” Friday, July 23.
The new SPAC aims to combine with a later-stage technology or tech-enabled growth target that has a diverse management team and can bring unique value to customers in a sustainably differentiated manner. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Zoom Video Communications Inc.
Gores Holdings VI (NASDAQ:GHVI) announced this morning that it has completed its combination with proptech firm Matterport following at a special meeting of shareholders on July 20.
The combined company will commence trading on Nasdaq under the new ticker symbol “MTTR” on July 23, 2021
The release did not include exact redemption figures, but noted that the deal’s final proceeds included about $310 million from Gores VI’s trust. ...READ MORE
CM Life Sciences, Inc. (NASDAQ:CMLF) announced this morning that its shareholders approved its combination with genomic and clinical data intelligence company Sema4 and the transaction has now been completed.
The release and an earlier 8-K filing did not disclose redemption figures, but CM Life Sciences traded above $11 through the day of its July 19 redemption deadline and so it is unlikely shareholders redeemed in large numbers, if any. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Cvent Inc.
Portage Fintech Acquisition Corp. announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “PFTAU” Wednesday, July 21. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A new slate of draft rules announced last week by the Cyberspace Administration of China (CAC) threatens to slow the rate of US listings by Chinese tech companies – and attractiveness of those companies to American investors.
