STOP THE WAR! Let’s support Ukraine Together

Author: Marlena Haddad

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OceanTech Acquisitions I Corp. (OTEC) Terminates Captura Biopharma Deal

OceanTech Acquisitions I Corp. (NASDAQ:OTEC) announced this morning that it has mutually terminated its combination with drug developer Captura Biopharma.

The parties did not disclose any further details on the termination of the $224 million deal, which was originally announced just two months ago in August, but it is likely that current public market conditions played a role.

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Innovative International Corporation (IOAC) to Combine with Zoomcar in $456M Deal

Innovative International (NASDAQ:IOAC) has entered into a definitive agreement to combine with car sharing program Zoomcar at a pro forma enterprise value of $456 million. Bangalore, India-based Zoomcar operates a car sharing service that empowers host entrepreneurs to safely and easily share their cars to earn additional passive income. The combined company is expected to trade on
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The Latest SPAC News and Rumors: October 12, 2022


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

Latest SPAC News:  Delta invests $60M in Joby, Lavoro agrees to acquire NS Agro in expansion throughout Latin America, and Falcon’s Beyond announces details on new theme park


Delta invests $60M in air taxi company Joby Aviation 

Delta Air Lines has made an upfront equity investment of $60 million in Santa Cruz, Calif.-based

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The Latest SPAC News and Rumors: October 7, 2022


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

Latest SPAC News: Polestar warns of slow recovery from lockdown, CVS in exclusive talks to buy Cano Health, and Slack’s backers warn SCOTUS of hit to capital markets from direct listing case


Polestar Warns Slow Recovery From Lockdown Dragged on Results

Polestar Automotive Holding (NASDAQ:PSNY) said supply issues that lingered after China’s Covid lockdowns earlier this year will weigh on results the electric-car maker is releasing next month, though it’s sticking with its full-year deliveries target.

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The Latest SPAC News and Rumors: October 6, 2022


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

Latest SPAC News: Former Rusal chief launches London’s first mining SPAC, LanzaTech partners with Northwestern, Yale and NREL to establish new biology center, and Jupiter Wellness initiates clinical trial for new treatment for tinnitus


Former Rusal chief launches London’s first mining SPAC

One of the most prominent Anglo-Russian executives in the metals industry is seeking to raise $125mn for a new mining venture through a London-listed special purpose acquisition company.

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