Concord Acquisition Corp III (NYSE:CNDB) has signed a non-binding letter of intent (LOI) to combine with a well-established semiconductor supplier.
The SPAC has not yet disclosed the name of the target, but mentioned that it has received non-binding LOIs from investors to provide financing in an amount sufficient to support the closing of the proposed merger. ...READ MORE
Abri SPAC I (NASDAQ:ASPA) announced that its shareholders approved its combination with adtech firm DLQ at a special meeting held on October 23.
The deal was overwhelmingly approved with all holders, representing 2,326,538 shares, voting in favor of the business combination with the exception of the holder of 1 share that abstained to 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.
This morning brings news that a fresh airline SPAC deal may be brewing, following on the announcement of the first of its type between FlyBondi and Integral 1 (NASDAQ:INTE) last Friday. ...READ MORE
Forbion European Acquisition Corp. (NASDAQ:FRBN) announced that its shareholders approved its combination with biotech firm enGene at a special meeting held earlier today.
In connection with the meeting, FEAC’s public shareholders holding 10,379,144 Class A ordinary shares elected to redeem their shares. ...READ MORE
Learn CW Investment Corporation (NYSE:LCW) has entered into a definitive agreement to combine with enterprise growth engine Innventure an enterprise value of $385 million.
Orlando, Florida-based Innventure founds, funds, operates, and rapidly scales companies in strategic collaboration with Multinational Corporations. ...READ MORE
TenX Keane (NASDAQ:TENK) has entered into a definitive agreement with Citius Oncology with its parent company Citius Pharma receiving $675 million in equity consideration.
Cranford, New Jersey-based Citius Oncology is developing a leukemia drug that is nearing approval and could see the market by late 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.
There are increasing signs that the capital markets and dealmaking are returning to normalcy, but there is still plenty of time for fits and starts before the end of the year. ...READ MORE
SPACs have shot for the stars in multiple ways, but lately they have fared better when staying within the Earth’s atmosphere.
Twelve space ventures have gone public through SPACs since March 2021, demonstrating a firm link between the two industries. ...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.
Car ownership has long been considered a part of the American Dream, but it’s a slice of that goal that is getting more expensive even faster that housing. ...READ MORE
Integral Acquisition Corporation 1 (NASDAQ:INTE) has entered into a definitive agreement to combine with Argentine airline Flybondi under so far undisclosed terms.
Buenos Aires-based Flybondi flies to 17 destinations in Argentina and three in Brazil, holding a roughly 20% share of Argentina’s domestic air travel market. ...READ MORE
Quantum FinTech (NYSE:QFTA) announced this morning that it has waived the minimum cash condition ahead of its completion vote in connection to its proposed merger with AtlasClear.
Originally, the parties had set a minimum cash threshold of $40 million at the time of the deal announcement without a PIPE. ...READ MORE
Canna-Global Acquisition Corp. (NASDAQ:CNGL) announced this morning that it has received written notice of the termination of its business combination with its previous merger partner, New Quantum.
Although the specific reason for the separation was not disclosed by either side, the announcement coincides with the recent resignation of Marco Bardelli, who served as the Chair of the Canna-Global board’s Governance and Nomination Committee. ...READ MORE
VinFast Auto (NASDAQ:VFS), which completed its combination with Black Spade, announced this morning that it has secured a Standby Equity Purchase Agreement with Yorkville Advisors.
With a 36-month term, VinFast has the option to require Yorkville to subscribe up to $1 billion in ordinary shares at any time. ...READ MORE
This week, we speak with J. Clay Sell, CEO of X-energy, which announced a $1.18 billion combination with Ares Acquisition Corporation (NYSE: AAC) in December 2022.
Wind and solar have each seen big booms in adoption in the 21st century due to a mix of technology and incentives aligning at the same time. Could ...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.
President Joe Biden took to the airwaves last night to assert a message of American leadership over growing crises abroad. ...READ MORE
Perception Capital Corp. II (NASDAQ:PCCT) announced this afternoon that it has closed its combination with Spectaire and the emissions equipment-maker’s shares and warrants will begin trading on the Nasdaq October 20 under the symbols “SPEC” and “SPECW”. ...READ MORE
Athena Consumer Acquisition Corp. (NASDAQ:ACAQ) announced this afternoon that it has completed its combination with German EV-maker e.GO.
The deal was originally approved by shareholders at a meeting on September 29, but at the time, Athena Consumer did not provide an exact timeline for the closing. ...READ MORE
