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. (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. (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 (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
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
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. 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. 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
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
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 (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
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The increase of SPACs is yet another positive factor working in favor of the red-hot collateralized loan obligation market, which is very close to achieving an annual sales record, according to CLO equity investor Flat Rock Global. ...READ MORE
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the emerging DevOps technology space. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
Direct Selling Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “DSAQ.U” Friday, September 23.
The Company intends to combine with domestically based businesses within the direct selling industry. Direct ...READ MORE
GigCapital5,Inc. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “GIA.U” Friday, September 24.
The Company will seek companies in the technology, media, and telecommunications, aerospace and defense, advanced medical equipment, intelligent automation and sustainable industries anywhere in the world that embrace today’s digital transformation and intelligent automation as a competitive advantage. ...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Elizabeth Warren and other Senate Democrats are targeting some of the biggest names behind SPACs, questioning whether the once red-hot market will trigger outsized losses for retail investors. ...READ MORE
Union Acquisition Corp. II (NASDAQ:LATN) announced that its shareholders approved its combination with pharmaceutical manufacturer Procaps Group at a shareholder vote yesterday.
In a subsequent 8-K filing, the SPAC showed that 70.5% of its shareholders opted to redeem, however, removing an estimated $77.8 million from its trust. ...READ MORE
