STOP THE WAR! Let’s support Ukraine Together

Author: Marlena Haddad

Alert-2
latest-news

The Latest SPAC News and Rumors: September 28, 2022

 


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

Latest SPAC News: Cineplex asks Cineworld lenders to consider merger, German government aims to improve framework for SPACs, and Jupiter Wellness announces notice of allowance for Minoxidil Adjuvant Therapies patent


Cineplex Asks Cineworld Lenders to Consider US Merger, WSJ Says

Canadian theater chain Cineplex Inc.

...READ MORE
latest-news

The Latest SPAC News and Rumors: September 27, 2022

 


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

Latest SPAC News: Bitdeer debuts fund targeting distressed miners, Harley-Davidson EV unit LiveWire’s shares rise 24%


Crypto Tycoon’s Bitdeer Debuts Fund Targeting Distressed Miners

Chinese crypto billionaire Jihan Wu is setting up a $250 million fund to buy distressed assets from Bitcoin miners, as the industry reels from this year’s steep drop in digital-asset prices.

...READ MORE
Teaser

Good Works II Acquisition Corp. (GWII) Signs LOI for $675 Million

Good Works II Acquisition Corp. (NASDAQ:GWII) announced this morning that it has signed a non-binding letter of intent (LOI) to combine with late-stage biotech company Direct Biologics, LLC at an enterprise value of $675 million. As part of the condition to closing, the combined company is required to have at least $75 million in net
Read More
To access this post, you must purchase 1 - User: Monthly Plan.
latest liquidations
latest-news

The Latest SPAC News and Rumors: September 26, 2022

 


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

Latest SPAC News: Law professor takes deal sponsor to court, and CEO of Wisk Aero predicts electric air taxi shakeout


Enemy of the SPAC: Law Professor Takes Deal Sponsors to Court

Stanford Law Professor Michael Klausner toiled in academic obscurity for decades until 2020, when he wrote a paper slamming special purpose acquisition companies as a rip-off of everyday investors.

...READ MORE

GX Acquisition Corp. II (GXII) to Combine with NioCorp in $313.5M Deal

GX Acquisition Corp. II (NASDAQ:GXII) has entered into a definitive agreement to combine with critical minerals firm NioCorp Developments Ltd. (TSX: NB) ( OTCQX: NIOBF) at an enterprise value of $313.5 million. Centennial, Colorado-based NioCorp is a mineral development company focused on developing several critical minerals from the proposed Elk Creek, Nebraska Critical Minerals Mine. The combined company is
Read More
To access this post, you must purchase 1 - User: Monthly Plan.

Silver Crest (SLCR) Revises Redemption Numbers for Tim Hortons China Deal

Silver Crest (NASDAQ:SLCR) disclosed in an 8-K this afternoon that it has revised its shares presented for redemption in connection with its combination with Tim Horton International (“THIL”)

Although Silver Crest held its special meeting to vote on its proposed merger on August 19, shareholders had until August 29 to reverse their redemption decisions.

...READ MORE
latest liquidations
latest-news

The Latest SPAC News and Rumors: September 23, 2022

 


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

Latest SPAC News: SPAC deal makes CEO of Rumble a billionaire, Cano Health explores sale after receiving buyout interest, and Givaudan and LanzaTech announce collaboration 


SPAC Deal Makes CEO of Conservative Video Platform a Billionaire 

A SPAC deal has made the founder of a conservative social media platform a billionaire — and it’s not Donald Trump.

...READ MORE
latest-news

The Latest SPAC News and Rumors: September 21, 2022

 


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

Latest SPAC News:  Cano Health buys Doctor’s Medical Center for $300M, Ouster lays off 10% of staff, and Coeptis enters license agreement with University of Pittsburgh 


Cano Health buys Doctor’s Medical Center for $300M to cement its primary care business in Florida

Miami-based Cano Health announced today the acquisition of fellow primary care provider Doctor’s Medical Center in a bid to grow its Medicare, Medicaid and Affordable Care Act (ACA) exchange memberships in South Florida.

...READ MORE
latest liquidations
latest liquidations

North Mountain Merger Corp. (NMMC) to Liquidate Trust

North Mountain Merger Corp. (NASDAQ:NMMC) announced in a press release this afternoon that it will not be able to complete a business combination and will instead liquidate its trust.

The SPAC, which had 24 months on its clock to complete a deal, will cease trading on September 30 and shareholders are expected to receive their pro rata share of the trust estimated at $10.00 per share.

...READ MORE
latest-news
IPO-Pricing
latest-news

The Latest SPAC News and Rumors: September 19, 2022

 


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

Latest SPAC News:  DWAC fails to pay proxy solicitors, and Ocean Biomedical discovers new therapy that can potentially kill cancerous cells


Trump SPAC fails to pay proxy firm despite tough hunt for votes, Financial Times reports

Executives behind a SPAC Digital World Acquisition Corp (NASDAQ:DWAC) that plans to take Donald Trump’s media business public have failed to pay their proxy solicitors, The Financial Times reported on Saturday.

...READ MORE

AEA-Bridges Impact Corp. (IMPX) Shareholders Approve LiveWire Deal

AEA-Bridges Impact Corp. (NYSE:IMPX) announced in an 8-K this afternoon that its shareholders approved its combination with Harley-Davidson’s (NYSE:HOG) electric motorcycle division LiveWire at a special meeting held earlier today.

Holders of 35,761,579 ordinary shares were present in person or by proxy at today’s meeting, representing approximately 71.52% of IMPX’s voting power.

...READ MORE
new-spac

New SPAC: Four Leaf Acquisition Corp. Files for $65M IPO

Four Leaf Acquisition Corp. (NASDAQ:FORL) filed its S-1 on Tuesday for a $65 million IPO as the second SPAC to file for an IPO in September thus far. The SPAC intends to pursue an acquisition of a company focused on the Internet of Things (“IoT”) and adjacent technologies that target the IoT market such as devices,
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.