The Latest SPAC News and Rumors: August 27, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Lucid investors could be forced to endure windfall, and Aurora says its next generation hardware kit will debut later this year
Lucid’s SPAC Investors Could Be Forced to Endure a Windfall
With Lucid (NASDAQ:LCID) hovering around $21.70, investors could almost double their money. ...READ MORE
49 Law Firms Unite and Push Back on Recent SPAC Litigation
The legal community signs statement declaring these suits are “without factual or legal basis”.
In response to the recent PR machine from former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, which have put out multiple statements in the press noting they intend to litigate SPACs for Investment Company Act of 1940 issues, an astonishing 49 law firms have coalesced to release a response to these allegations. ...READ MORE
The Latest SPAC News and Rumors: August 26, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Car-sharing startup Getaround is in talks to merge with Altitude Acquisition Corp.,
...READ MORE
Minority Equality Opportunities Acquisition Inc. (MEOAU) Prices Upsized $110M IPO
Minority Equality Opportunities Acquisition Inc. announced the pricing of its upsized $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MEOAU” Thursday, August 26. ...READ MORE
Cascadia Acquisition Corp. (CAAIU) Prices $150M IPO
Cascadia Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CAAIU” Thursday, August 26.
The new SPAC intends to focus its search on industry sectors that are being fundamentally reshaped by the introduction of advanced technologies, commonly referred to as “Industry 4.0.”. ...READ MORE
Springwater Special Situations Corp. (SWSSU) Prices $150M IPO
Springwater Special Situations Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “SWSSU” Thursday, August 26. ...READ MORE
Law Firm White & Case Fires Shots Across the Bow
Posts a takedown of the recent lawsuits brought by former SEC Commissioner and Law Professor
In the ongoing saga surrounding the recent lawsuits brought by former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, against Pershing Square Tontine Holdings, and more recently, GO Acquisition Corp. ...READ MORE
The Latest SPAC News and Rumors: August 25, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Apollo is raising $500 million for SPACs, Cathie Wood amasses 11% stake in $17.5 billion Harry Sloan SPAC, and four SPACs backed by ShiftPixy slash IPO sizes
Apollo Seeks $500 Million Fund to Invest in SPACs
...READ MORE
E. Merge and Go Acquisition Corp. Hit with Lawsuits Too
Former SEC Commissioner and Yale Law Professor Try to Outflank SPACs
Last week, Pershing Square Tontine Holdings (NYSE: PSTH) was hit with a lawsuit from former SEC commissioner Robert Jackson and Yale law professor John Morley, claiming that PSTH violated the Investment Company Act of 1940. ...READ MORE
The Latest SPAC News and Rumors: August 24, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Tim Hortons China to Create Data Unit Amid Xi’s Crackdown
Xi’s Data Clampdown Spurs Novel Solution From Tim Hortons China
The company running the Chinese business of Canadian coffee shop chain Tim Hortons is proposing a novel solution to address Beijing’s data security concerns as it seeks to go public in the U.S. ...READ MORE
Northern Star Investment Corp. II (NSTB) Postpones Meeting Again
Northern Star Investment Corp. II (NYSE:NSTB) announced in a press release this morning that it was once again forced to postpone its tentatively scheduled shareholder meeting to approve its combination with Apex Clearing Holdings. ...READ MORE