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Far Peak Acquisition Corp. (FPAC) Terminates Bullish Deal

Far Peak Acquisition Corporation (NYSE: FPAC) announced in a statement this afternoon that it has mutually terminated its combination agreement with cryptocurrency exchange Bullish.

The SPAC combination had an Outside Date of December 31, 2022, and it appears the transaction timeline did not unfold as originally anticipated and had yet to clear the SEC.

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The Latest SPAC News and Rumors: December 22, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Bird gets lifeline from independent Canadian subsidiary, Disruptive Capital launches £125m share buyback, and Core Scientific files for bankruptcy  


E-scooter company Bird gets lifeline from independent Canadian subsidiary 

E-scooter sharing firm Bird Canada Inc.

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rainwater-tech

dMY Technology Group, Inc. VI (DMYS) to Combine with Rainwater Tech in $200M Deal

dMY Technology Group, Inc. VI (NYSE:DMYS) has entered into a definitive agreement to combine with rainfall generation technology Rain Enhancement Technologies, Inc. (“Rainwater Tech”), at a pro forma valuation of $200 million. Austin, Texas-based Rain Enhancement Technologies aims to provide the world with reliable access to water through the development and commercialization of rainfall generation technology.
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IPO-Pricing
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latest-news

The Latest SPAC News and Rumors: December 21, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Hedge fund accuses Concord SPAC backers of pocketing breakup fee, Virgin Group puts another $20M into Virgin Orbit, and X-Energy completes key safety system prototype


Hedge Fund Accuses Concord SPAC Backers of Pocketing Breakup Fee

Concord Acquisition Corp.’s

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proxy vote

Model Performance Acquisition Corp. (MPAC) Adjourns Vote for MultiMetaVerse Deal

Model Performance Acquisition Corp  (NASDAQ:MPAC) announced in an 8-K that today’s special meeting to approve its $300 million combination with MultiMetaVerse has been adjourned to December 28.

The SPAC did not disclose why the meeting was adjourned, but as of its last vote date on September 28, Model Performance had received requests to redeem a total of 3,508,994 shares, representing 61.03% of its trust.

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latest-news

The Latest SPAC News and Rumors: December 20, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  EQT Private Equity completes acquisition of Billtrust, Truth Social introduces direct messaging to platform, and Florida Office of Insurance Regulation approves East Resources business combination with Abacus Life


EQT Private Equity completes acquisition of Billtrust in $1.7B deal

Global investment firm EQT Private Equity has completed its acquisition of B2B payments company Billtrust (NASDAQ:BTRS).

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IPO-Pricing
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Mountain Crest Acquisition Corp. V (MCAG) Adjourns Extension Vote

Mountain Crest Acquisition Corp. V  (NASDAQ:MCAG) announced that it convened and adjourned today’s extension vote to tomorrow, December 20, at 5:00 p.m.

The SPAC, which originally had 12 months on its timeline to complete a business combination, IPO’d in November 2021, but has the ability to extend two-times for three months each at $0.10/extension. 

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proxy vote

7GC & Co. Holdings Inc. (VII) Postpones Extension Vote

7GC & Co. Holdings Inc.  (NASDAQ:VII) announced this afternoon that it has postponed tomorrow’s extension vote to 3:00 p.m. E.T. on December 21.

In connection with the change, the company has further extended the deadline for holders of the Company’s Class A common stock to submit their shares for redemption in connection with the extension to 5:00 p.m.

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Teaser
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latest-news

The Latest SPAC News and Rumors: December 19, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Hong Kong market regulator urges city to uphold rule of law, IPO market freeze sparks 80% drop in Nasdaq listings, and Grab takes cost-cutting measures 


Top Hong Kong Market Regulator Urges City to Uphold Rule of Law

Hong Kong’s status as an international financial center hinges on ensuring investors have confidence that the city follows the “conventional” rule of law in place in other global hubs and maintaining its special role as a bridge between the world and China, according to Ashley Alder, the outgoing top market regulator.

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latest liquidations

The Latest Liquidations: December 15, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC Liquidations: Simon Property, Healthcare Services, Gaming & Hospitality, Gores Holdings VIII & VII, Gores Technology Partners I & II, VectoIQ, Pioneer, Accelerate, TCW, and Bright Lights


Simon Property Group Acquisition Holdings to Liquidate

At the special meeting of the stockholders of Simon Property Group Acquisition Holdings, Inc.

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