SPAC U-Turns: Liquidation Reversals Emerge as Growing Trend
To access this post, you must purchase 1 - User: Monthly Plan.
Kairous Acquisition Corp. Limited (KACL) to Combine with NR Instant Produce in $300M Deal
To access this post, you must purchase 1 - User: Monthly Plan.
Accretion Acquisition Corp. (ENER) Signs LOI with New Era Helium
Accretion Acquisition Corp. (NASDAQ:ENER) has signed a non-binding letter of intent (LOI) to combine with natural resources company New Era Helium.
The parties have not yet released any financial parameters on the deal, but they expect to execute a definitive agreement together before the end of the year. ...READ MORE
Twin Ridge Capital Acquisition Corp. (TRCA) Amends Carbon Revolution Deal
Twin Ridge Capital Acquisition Corp. (NYSE:TRCA) announced in an 8-K that it has amended the share exchange ratio in its combination with automotive wheel-maker Carbon Revolution (ASX:CBR) to a 1-for-10 basis for all merger parties by order of an Australian court. ...READ MORE
FAST Acquisition Corp. II (FZT) Closes Falcon’s Beyond Deal
FAST Acquisition Corp. II (NYSE:FZT) has closed its combination with hospitality company Falcon’s Beyond and the combined company’s shares, preferred stock and warrants are expected to begin trading on the Nasdaq later today under the symbols “FBYD”, “FBYDP” and “FBYDW”. ...READ MORE
Morning Roundup: October 6, 2023
At the SPAC of Dawn
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 the first full month without a SPAC IPO in nearly a year and a half, Thursday night saw two new vehicles begin floating, Quetta and Spark I. ...READ MORE
Spark I Acquisition Corporation (SPKLU) Prices $100M IPO
Spark I Acquisition Corporation (Nasdaq: SPKLU) announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “SPKLU” on Friday, October 6, 2023. ...READ MORE
Quetta Acquisition Corporation (QETAU) Prices $60M IPO
Quetta Acquisition Corporation (Nasdaq: QETAU) announced the pricing of its $60 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “QETAU” on Friday, October 6, 2023. ...READ MORE
Morning Roundup: October 5, 2023
At the SPAC of Dawn
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.
Much of the conversation around SPACs tends to come in isolation, but Rivian’s (NASDAQ:RIVN) after-hours announcements yesterday show that launching a public EV brand is tough no matter how the company made it to the market. ...READ MORE
Golden Arrow Merger Corp. (GAMC) to Combine with Bolt Threads in $346M Deal
To access this post, you must purchase 1 - User: Monthly Plan.
BioPlus Acquisition Corp. (BIOS) Terminates Avertix Deal, Will Liquidate
BioPlus (NASDAQ:BIOS) announced this morning that it has mutually terminated its combination with medical device company Avertix.
Unlike with many terminations seen recently, this parting of ways does not appear to have come directly as a result of discouraging redemption results ahead of a major vote and the two sides are still well away from their December 31 outside date. ...READ MORE
Morning Roundup: October 4, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets you to nibble on beside your morning coffee. ...READ MORE
Project Energy Reimagined Acquisition Corp. (PEGR) to Combine with Heramba Electric in $450M Deal
Project Energy (NASDAQ:PEGR) has entered into a definitive agreement to combine with Heramba Electric at a pro forma enterprise value of $450 million or 3.75x its 2022 revenue.
Berlin-based Heramba Electric is to provide charging and electrification equipment to commercial and civil transit vehicles. ...READ MORE
Morning Roundup: October 3, 2023
At the SPAC of Dawn
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets you to nibble on beside your morning coffee. ...READ MORE
The Latest SPAC News and Rumors: October 2, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Shell company Vertex Tech to buy streaming platform in landmark deal for Singapore
Singapore’s Vertex Technology Acquisition Corp (VTAC) (VERT.SI)
Graf Acquisition Corp. IV (GFOR) Closes NKGen Biotech Deal
Graf Acquisition Corp. IV (NYSE:GFOR) has closed its combination with NKGen Biotech and its shares and warrants will begin trading on the Nasdaq under the symbols “NKGN” and “NKGNW” today.
The SPAC secured shareholder approval for the deal last week with 84.3% redemptions. ...READ MORE
Third Quarter and YTD 2023 SPAC Review
To access this post, you must purchase 1 - User: Monthly Plan.
SPAC IPO Terms Tracker: September 29, 2023
To access this post, you must purchase 1 - User: Monthly Plan.
Athena Consumer Acquisition Corp. (ACAQ) Stockholders Approve e.GO Deal
Athena Consumer Acquisition Corp. (NYSE:ACAQ) announced this afternoon that its stockholders approved its combination with German EV-maker e.GO at a special meeting held earlier today.
Additionally, Athena Consumer’s warrant proposal to convert all outstanding warrants to 0.175 shares in the combined company was also approved. ...READ MORE
SPAC Lock-Up Expirations to Watch in October 2023
To access this post, you must purchase 1 - User: Monthly Plan.