ShoulderUp Technology Acquisition Corp. (NYSE: SUAC) has signed a non-binding letter of intent (LOI) to combine with eVTOL aircraft company Airspace Experience Technologies.
Founded in 2017, the Detroit-based company aims to offer the public, logistic companies, and first-response teams a cleaner, faster and more affordable transportation alternative. ...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.
As oil prices tick upwards, one SPAC neared close heading into the weekend with a company making a different sort of bet on a de-carbonizing economy. ...READ MORE
Twin Ridge Capital Acquisition Corp. (NYSE:TRCA) announced that its shareholders approved its combination with automotive wheel-maker Carbon Revolution (ASX:CBR) at a special meeting held yesterday.
Holders of 10,445,986 ordinary shares were present at yesterday’s meeting, representing approximately 90.09% of the voting power of Twin Ridge’s ordinary shares, and constituting a quorum. ...READ MORE
Perception Capital Corp. II (NASDAQ:PCCT) announced that its shareholders approved its combination with equipment manufacturer Spectaire at a special meeting held earlier today.
At the meeting, holders of 1,534,487 Class A ordinary shares and 5,750,000 Class B ordinary shares were present, representing 92.26% of the issued and outstanding shares. ...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.
Yesterday came the first update in months in the SPAC deal that has captivated retail investors like no other since the boom times as Digital World (NASDAQ:DWAC) gave an update in its work to trim down its PIPE. ...READ MORE
Bridgetown Holdings (NASDAQ:BTWN) announced this afternoon that it has completed its combination with fintech platform MoneyHero after shareholders approved the deal at a meeting held on October 10.
In connection with the business combination, holders of 5,452,739 shares of Bridgetown’s Class A ordinary shares exercised their right to redeem their shares at approximately $10.36 per share, for an aggregate redemption amount of $56,530,289.75. ...READ MORE
Digital World Acquisition Corp. (NASDAQ:DWAC) announced overnight that in its efforts to renegotiate the $1 billion PIPE for its combination with Trump Media & Technology Group, those commitments have now been reduced to $533 million. ...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.
With yet another high-profile regular-way IPO breaking price on its debut in the form of Birkenstock (NYSE:BIRK), there is still a palpable chill in the air around new issuance despite other strong signs in the market. ...READ MORE
C5 Acquisition Corp (NYSE:CXAC) filed an 8-K yesterday tipping off that the Sponsors never made their last extension contribution to the Trust back on September 11. What’s worse, they don’t intend to now that they have announced they are going to liquidate. ...READ MORE
Plutonian (NASDAQ:PLTN) has entered into a definitive agreement to combine with consumer products firm Big Tree Cloud at an initial equity value of $500 million.
Shenzhen, China-based Big Tree manufactures and distributes personal care items with a specialization in feminine hygiene products. ...READ MORE
Bridgetown Holdings (NASDAQ:BTWN) announced that its shareholders approved its combination with fintech platform MoneyHero at a special meeting held yesterday.
At the meeting, a total of 23,490,959, or 78.387%, of Bridgetown’s issued and outstanding ordinary shares were present, constituting a quorum for the transaction of business. ...READ MORE
Metal Sky Star Acquisition Corp. (NASDAQ:MSSA) disclosed yesterday that it has mutually terminated its combination with blockchain company Future Dao Group Holding Limited.
While the two sides did not disclose a reason for the parting of ways, the announcement comes shortly before Metal Sky’s extension meeting, scheduled for October 30. ...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 tail end of the September holiday season meant little action over the past few weeks, but the SPAC market is shuddering back to life now with much more business on the docket in coming days. ...READ MORE
Relative positivity has continued into a second straight day this week as the market leans perhaps more into encouraging signs around the future of interest rates than the prospect of renewed conflict in the Middle East. ...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.
SPACs had a quiet start to the week yesterday with the market digesting a new Middle East war and extra helpings from Canadian Thanksgiving. ...READ MORE
Israel’s tech sector has been fertile ground for SPAC dealmakers in recent years, but the latest outbreak of violence in the country has sent stocks of Israeli de-SPACs lower to start the week. ...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.
After a weekend in which the US markets maintained a slightly positive outlook year-to-date and hopes increased for US political stability, a war broke out from an unexpected angle. ...READ MORE
