Battery Future Acquisition Corp. (NYSE:BFAC) announced in an 8-K filing that it has entered into a purchase agreement to transfer control of its sponsor to Camel Bay, resulting in a change in management. ...READ MORE
Direct Selling Acquisition Corp. (NYSE:DSAQ) has entered into a definitive agreement to combine with urban air mobility company FlyBlade India, known as Hunch Mobility, at an enterprise value of $223 million. ...READ MORE
Quadro Acquisition One Corp. (NASDAQ:QDRO) has entered into a definitive agreement to combine with Global Growth Companies at an enterprise value of $3 billion.
Global Growth operates a diverse set of companies in the healthcare, financial services and communications fields. ...READ MORE
While East Asia continues to account for the largest portion of SPAC teams based outside of the US, the unique team behind Oxus (NASDAQ:OXUS) put a few more bricks in its path to completion this week. ...READ MORE
Vision Sensing (NASDAQ:VSAC) has entered into a definitive agreement to combine with Korean drug developer firm Mediforum at an enterprise value of $250 million.
Seoul-based Mediforum provides supplements and medicines derived from traditional ingredients to treat Alzheimer’s and memory loss. ...READ MORE
Buzz around generative AI has been off to the races lately and that is exactly where Zapata AI has put many of its tools to work.
This week, we speak with Christopher Savoie, CEO and Co-founder of Zapata AI and Bill Sandbrook, Co-CEO and Chairman of Andretti Acquisition Corp. ...READ MORE
Digital World Acquisition Corp. (NASDAQ:DWAC) has disclosed the termination of the remaining $530.5 million of its PIPE, with investors currently exploring alternative financing options.
The decision comes as a result of challenges related to one of the closing conditions for the PIPE, specifically the effectiveness of the initial resale Registration Statement by the SEC. ...READ MORE
Despite a slow start to 2024, there are a variety of signs of the market coming back. Among them, NASDAQ CEO Adena Friedman noted yesterday in a Bloomberg interview in Davos that 85 companies have already lined up to list on the exchange. ...READ MORE
Flame Acquisition Corp. (NYSE:FLME) has once again increased the PIPE for its combination with Sable Offshore, totaling around $520.4 million, or 52 million shares at $10 per share, upon completion of the deal. ...READ MORE
Newcourt (NASDAQ:NCAC) announced in an 8-K this morning that it has secured an aggregate of $12.5 million in convertible notes for its merger with psychedelic medicine company Psyence (CSE:PSYG).
The notes will consist of up to four senior secured convertible notes, issuable to the purchaser at or after the closing, in exchange for up to $10 million in subscription amounts. ...READ MORE
The SPAC market has officially entered an election season with former President Donald Trump’s victory Monday in the Iowa caucus on the road to a potentially securing the Republican nomination. ...READ MORE
Pono Capital Three (NASDAQ:PTHR) announced this afternoon that it has closed its combination with eVTOL aircraft developer Horizon Aircraft.
Beginning January 16, the combined company’s shares and warrants will trade on the Nasdaq under the ticker symbols “HOVR” and “HOVRW”, respectively. ...READ MORE
Arisz (NASDAQ:ARIZ) announced in an 8-K this morning that it has increased its PIPE commitments to $74 million from $70 million for its merger with digital asset mining service BitFuFu.
The parties previously secured $70 million in funding at deal announcement for a purchase price of $10 per share which will be issued to stockholders at closing. ...READ MORE
Friday brings a few more potential swings in the ongoing rate cut-watch as the Producer Price Index (PPI) is set to drop at 8:30 am ET. ...READ MORE
Bukit Jalil Global Acquisition 1 (NASDAQ: BUJA) announced this afternoon that it has signed a non-binding Letter of Intent (LOI) with the AI-driven platform Global IBO Group.
Founded in 2019, GIBO provides a suite of technologies, such as AI script, voice and image, for content creators to assist in an array of creative solutions including script writing, voice synthesis, and art restoration. ...READ MORE
After a few fits, starts and hacks, the first spot Bitcoin ETFs are set to trade later today.
The move has been long-awaited by the crypto community as it has been seen as a means of quickly widening the asset’s ownership base, and therefore serve as the sort of catalyst that would push up demand – and therefore, prices – all of its own. ...READ MORE
Denali Capital (NASDAQ:DECA) announced this morning that its shareholders approved its combination with biotech firm Longevity during a special meeting yesterday, January 9.
The deal was overwhelmingly approved as holders of 5,196,327 shares voted in favor of the proposal while holders of just 10,100 shares cast their votes against it. ...READ MORE
While some SPACs have gotten off to a fast start after recent IPOs, the process has been start-and-stop for others.
Blue Room, which had aimed to raise $200 million in an IPO and got effective in late December, instead withdrew its registration this week. ...READ MORE
