In late October, California provided an update on the ambitious sustainability goals it had set for vehicles on its roads. Among them was a bar set that 6% of all heavy trucks sold in the state should be zero-emission vehicles (ZEV) by 2024. ...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
The SPAC market has some increasing green shoots this week, with two new SPACs set to start trading today – AI Transportation (NASDAQ:AITR) and Agriculture & Natural Solutions (NASDAQ:ANSC). ...READ MORE
AI Transportation Acquisition Corp. (Nasdaq: AITR) announced the pricing of its upsized $60 million IPO this evening. Its units are expected to begin trading on the Nasdaq under the symbol “AITRU” on Thursday, November 9, 2023. ...READ MORE
Agriculture & Natural Solutions Acquisition Corp. announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “ANSCU” on Thursday, November 9, 2023. ...READ MORE
Sichuan Wanma Benteng Technology Co. (NASDAQ:WMBT) submitted its S-1 filing this afternoon for a $70 million IPO and intends to focus its search in the China and Asia-Pacific areas.
However, the new SPAC submitted the filing without any expertise attached, becoming the third company to do so this year. ...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Futures are flat on news that the Democrats were mostly victorious in yesterday’s local and state-level elections. ...READ MORE
Data Knights Acquisition Corp. (NASDAQ:DKDCA) announced this afternoon that it has completed its business combination with medical image archiver OneMedNet.
The business combination was previously approved by Data Knights’ stockholders at a special meeting held on October 17, but at that time, the SPAC did not provide a timeline regarding the closing of the deal. ...READ MORE
OmniLit Acquisition Corp. (Nasdaq: OLIT) announced this afternoon that it has completed its business combination with precision optics-maker Syntec.
Shareholders already approved the transaction at a special meeting held on October 31. Over ...READ MORE
Worldwide Webb Acquisition Corp. (NASDAQ:WWAC) announced this morning that as anticipated, it completed its business combination with Aeries Technology on November 6.
Shareholders already approved the deal at a meeting held on November 2, and saw 92.47% of its trust redeemed, leaving the SPAC with an estimated $18.5 million post-vote. ...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
AST SpaceMobile (NASDAQ:ASTS) is set to provide a business update and preliminary third quarter financials a week from today on November 14, and it may be a call worth tuning into as the space business continues to shake out for better and worse. ...READ MORE
Worldwide Webb Acquisition Corp. (NASDAQ:WWAC) announced in an 8-K this morning that it has expanded forward-purchase agreement (FPA) and non-redemption financing that it added to its combination with Aeries Technology on Friday. ...READ MORE
Quantum FinTech Acquisition Corporation (NYSE: QFTA) announced this morning that its shareholders approved its combination with AtlasClear at a special meeting held on Friday.
At the meeting, stockholders holding 4,953,369 shares out of a possible 5,050,384 shares of Quantum’s common stock exercised their right to redeem their shares. ...READ MORE
Carbon Revolution (NASDAQ:CREV) began trading Friday following the close of its combination with Twin Ridge and immediately some unusual things started happening.
The stock closed at $29.32 following a short inaugural trading session and is currently up about 585% to $199 as of this writing. ...READ MORE
Healthwell Acquisition Corp. I (Nasdaq: HWEL) announced on Friday evening that its former target Starton has terminated its business combination.
Although the parties did not provide extensive detail regarding the termination, they clarified that the deal fell through due to certain closing conditions not being satisfied by the outside date of November 3. ...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
The holidays are just around the corner, but there are already signs that a wide range of consumer companies are going to find coal in their stockings. ...READ MORE
Twin Ridge Capital Acquisition Corp. (NYSE:TRCA) has closed its combination with automotive wheel-maker Carbon Revolution (ASX:CBR) after shareholders approved the deal at a special meeting held on October 12.
The combined company’s common stock will start trading today on the Nasdaq under the ticker symbol “CREV”. ...READ MORE
Concord III (NYSE:CNDB) has entered into a definitive agreement to combine with fabless chipmaker GCT at an enterprise value of $461 million.
San Jose, California-based GCT manufactures 4G and 5G chips for telecom clients for uses in a variety of home internet, infrastructure and mobile phone applications. ...READ MORE
HNR Acquisition Corp. (NYSE:HNRA) announced this morning that it has adjourned its special meeting and entered into a forward purchase agreement (FPA) with Meteora involving up to 3,000,000 shares of common stock for its combination with oil developer Pogo Resources. ...READ MORE
With what appears to be the impending bankruptcy of WeWork (NYSE:WE), it is beginning to feel like the end of an era, if not several eras.
Much of the focus has been the transition from WeWork’s eye-watering zenith at a $46 billion valuation and ambitions of irreversibly changing the world the way titans like Microsoft (NASDAQ:MSFT) or Google (NASDAQ:GOOG) did. ...READ MORE