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.
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
JAWS Spitfire Acquisition Corp. (SPFR) Shareholders Approve VELO3D Deal
JAWS Spitfire Acquisition Corp. (NYSE:SPFR) announced in an 8-K filing today that its shareholders approved its combination with manufacturing firm VELO3D , but faced a fair share redemptions at a shareholder vote held earlier this morning. ...READ MORE
PTK Acquisition Corp. (PTK) Shareholders Approve Valens Deal
PTK Acquisition Corp. (NYSE:PTK) announced that its shareholders approved its combination with Israel-based semiconductor-maker Valens at a shareholder vote held earlier today.
In an 8-K filing, the SPAC showed that 8,507,237 shares were redeemed in connection with the vote, removing 74% of PTK’s trust. ...READ MORE
dMY Technology Group, Inc. III (DMYI) Shareholders Approve IonQ Deal
dMY Technology Group, Inc. III (NYSE:DMYI) announced that its shareholders approved its combination with quantum computing company IonQ at a shareholder vote held this morning.
The press release noted that approximately 97% of the votes cast at the meeting on the business combination proposal, representing approximately 62% of dMY III’s outstanding shares, approved the deal. ...READ MORE
The Latest SPAC News and Rumors: September 28, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SEC Gensler continues to express concern over SPACs; Revelation Biosciences receives approval to conduct Phase 2b viral challenge study
SEC’s Gensler Talks Up Crypto and SPAC Regulations
Securities and Exchange Commission Chairman Gary Gensler shed light on an array of hot-button topics during an interview on Monday, expressing his belief that “people will be hurt” if cryptocurrency markets are allowed operate beyond the remit of regulators, and voicing concerns that SPACs leave public market investors vulnerable. ...READ MORE
Parabellum Acquisition Corp. (PRBM.U) Prices $125M IPO
Parabellum Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the NYSE under the symbol “PRBM.U” Tuesday, September 28.
The Company intends to focus on businesses with an enterprise value of $300 million to $1 billion that have unique propitiatory technologies and business models and are actively engaged in the Internet of Things (“IoT”) transformation in a variety of segments such as consumer, industrial, automotive, medical and others. ...READ MORE
Berenson Acquisition Corp. (BACA.U) Prices $250M IPO
Berenson Acquisition Corp. I announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “BACA.U” Tuesday, September 28.
The Company will seek businesses operating in the software and technology-enabled services sector with recurring/predictable revenue, the prospect for high free cash flow conversion at scale, and an enterprise value of at least $1 billion. ...READ MORE
The Latest SPAC News and Rumors: September 27, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Redbox partners with Roku to attract multi-platform users and Hong Kong’s planned SPAC rules help attract Chinese tech firms
Redbox Signs Promotional Agreement with Roku to Further Attract Multi-Platform Users
Entertainment company Redbox today announced it has signed a promotional agreement with Roku to further attract multi-platform users to the Redbox streaming app. ...READ MORE
dMY Technology Group, Inc. III (DMYI) Pre-Announces Light Redemptions With IonQ
dMY Technology Group, Inc. III (NYSE:DMYI) pre-announced its light redemptions this morning in a press release ahead of its shareholder meeting tomorrow to vote on its combination with quantum computing firm IonQ. ...READ MORE
SPAC IPO Terms Tracker: Some Upsizes, but Terms Still Tight
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