The Latest SPAC News and Rumors: September 16, 2022

Sep 16, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Byju’s delayed audit shows widening losses and ProSomnus announces availability of insurance reimbursement

Byju’s reports widening losses after prolonged audit delayed

Indian education provider Byju’s finally released audited financial statements after months of delay, but the disclosures are unlikely to resolve the swirl of controversy around the country’s most valuable startup.

Recharge Acquisition Corp. (RCHG) to Liquidate Trust

Sep 15, 2022 INTEL by Marlena Haddad

Recharge Acquisition Corp. (NASDAQ:RCHG) announced this afternoon that it intends to dissolve and liquidate its trust after being unable to complete a business combination.

The SPAC had a transaction deadline set for October 5, but will now redeem all of its outstanding shares of Class A common stock issued as part of the units sold in its IPO at a per-share redemption price of approximately $10.12. As

CF Acquisition Corp. VI (CFVI) Shareholders Approve Rumble Deal

Sep 15, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

CF Acquisition Corp. VI (NASDAQ:CFVI) announced in a press release this afternoon that its shareholders approved its combination with social video platform Rumble at a special meeting held earlier today.

The SPAC disclosed that only 0.1% of the 30 million CFVI public shares were redeemed in connection with the meeting, marking the best redemption result of the year to-date.

The Latest SPAC News and Rumors: September 15, 2022

Sep 15, 2022 INTEL, SPACs in the News by Marlena Haddad

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

**Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT**

Saxo Bank Explores Amsterdam Listing with SPAC Deal

Denmark-headquartered broker, Saxo Bank announced its intentions on Thursday to become a public company by merging with the blank-check company, Disruptive Capital Acquisition Company Limited (DCAC).

Ventoux CCM (VTAQ) Shareholders Approve Presto Deal

Sep 14, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Ventoux CCM Acquisition Corp. (NASDAQ:VTAQ) announced in a press release this afternoon that its shareholders have approved its combination with restaurant management software provider Presto at a special meeting held earlier today.

New SPAC: dMY Squared Technology Group, Inc. Files for $75M IPO

Sep 14, 2022 INTEL, New S-1 Filings by Marlena Haddad

dMY Squared Technology Group, Inc. (NYSE:DMYY) filed its S-1 on Monday for a $75 million IPO as the first SPAC to file for an IPO in September. The SPAC intends to focus its search for an initial business combination on companies within the professional service industry that provide accounting, legal, financial, advisory or other services to
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The Latest SPAC News and Rumors: September 14, 2022

Sep 14, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Ambipar buys Witt O’Briens for $161.5M, SPAC winter spreads to Middle East with two deals delayed, and Wag!

Alpha Star Acquisition Corp. (ALSA) Signs LOI

Sep 13, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Alpha Star Acquisition Corp. (NASDAQ:ALSA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with global payments and SaaS provider Cyclebit Group.

Founded in 2012, Cyclebit builds technology across the payments sector including card acquiring, point-of-sale services and marketplace solutions.

The Latest SPAC News and Rumors: September 13, 2022

Sep 13, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Grindr names George Arison CEO as it prepares for public debut, Getaround partners with GO, and Plastiq expands short-term financing offering

Grindr Names George Arison CEO as It Prepares for Public Debut

Grindr LLC, the dating app that specializes in connections for the LGBTQ+ community, has named George Arison its new chief executive officer, fulfilling a pledge to appoint someone who identifies with that group to lead the company as it prepares to go public.

Adit EdTech (ADEX) Announces $200M Share Purchase Agreement for Griid Deal

Sep 12, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Adit EdTech (NYSE:ADEX) announced this afternoon that it has inked a share purchase agreement with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited that will provide up to $200 million to its combination with bitcoin self-mining company Griid Infrastructure.

Delwinds Insurance (DWIN) Announces Anticipated FPA and Revised Backstop

Sep 12, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Delwinds Insurance (NYSE:DWIN) announced in a press release this afternoon that it will be entering into a forward purchase agreement with an institutional investor and its affiliates in connection to its proposed merger with FOXO Technologies.

Kensington Capital IV (KCA.U) Secures Additional $5M PIPE

Sep 12, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Kensington Capital Acquisition Corp. IV (NYSE:KCAC) announced that it has once again secured an additional PIPE for its business combination with Amprius Technologies, Inc, just days after entering into agreements worth $15.525 million.

The Latest SPAC News and Rumors: September 12, 2022

Sep 12, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Nikola’s Trevor Milton faces NY jury, Byju’s failure to publish accounts prompts scrutiny, and SPACs underwhelm in Hong Kong and Singapore

Nikola’s Trevor Milton Faces New York Jury in His Toughest Sales Job

Trevor Milton sold investors on the idea his company was building the truck of the future.

DiamondHead Holdings Corp. (DHHC) to Combine with Great Southern Homes in $572M Deal

Sep 12, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

DiamondHead Holdings Corp. (NASDAQ:DHHC) has entered into a definitive agreement to combine with homebuilding company Great Southern Homes, Inc., at a pro forma enterprise value of approximately $572 million. Columbia, South Carolina-based Great Southern Homes (“GSH”) is currently one of the largest homebuilders in the Southeast and focuses on the entry level home buyer segments. The combined company
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Kensington Capital IV (KCAC) Secures Additional PIPE

Sep 9, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Kensington Capital Acquisition Corp. IV (NYSE:KCAC) announced that it has tacked on an additional PIPE for its business combination with Amprius Technologies, Inc, just days after securing $13.375 million through a number of investors.

Golden Path Acquisition Corp. (GPCO) Shareholders Approve MC Hologram Deal

Sep 9, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Golden Path (NASDAQ:GPCO) announced this afternoon that its shareholders have approved its combination with holographic technology services firm MC Hologram at a special meeting held yesterday.

At the meeting, a total of 6,059,142 shares of GPCO, representing approximately 81.24% of the issued and outstanding shares of the company’s common stock, were present, constituting a quorum.

First Light Acquisition Group, Inc. (FLAG) Adjourns Extension Vote

Sep 9, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

First Light (NYSE:FLAG) has adjourned its special meeting held today to September 13, at 10:00 a.m. EST, without finalizing its shareholder vote.

Today’s special meeting was being held to consider the proposal of amending and extending FLAG’s transaction deadline by which it must complete its initial business combination.

The Latest SPAC News and Rumors: September 9, 2022

Sep 9, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: First Africa cannabis SPAC to go ahead with Cilo Cybin listing, United places ‘conditional’ order for electric air taxis from Eve, and Cazoo pulls plug on European operations

First Africa Cannabis SPAC to Go Ahead With Cilo Cybin Listing

Africa is about to get its first listing of a medical cannabis-focused SPAC when Cilo Cybin Holdings Ltd.

Artemis Strategic (ARTE) Amends Novibet Deal

Sep 9, 2022 Deal Announcements & Amendments, INTEL by Marlena Haddad

Artemis Strategic Investment Corp. (NASDAQ:ARTE) announced this morning that it has made several changes to its business combination agreement in connection to its proposed merger with global gaming company Logflex MT Holding Limited, doing business as Novibet.

EF Hutton Acquisition Corporation I (EFHTU) Prices $100M IPO

Sep 8, 2022 IPOs by Marlena Haddad

EF Hutton Acquisition Corp. I priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EFHTU” Friday, September 9, 2022.

The new SPAC intends to identify targets within the consumer and retail industry that have an enterprise value in the range of $400 million to $1 billion.

Author: Marlena Haddad

Latest SPAC News: Byju’s delayed audit shows widening losses and ProSomnus announces availability of insurance reimbursement

Byju’s reports widening losses after prolonged audit delayed

Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT

Saxo Bank Explores Amsterdam Listing with SPAC Deal

Latest SPAC News: Ambipar buys Witt O’Briens for $161.5M, SPAC winter spreads to Middle East with two deals delayed, and Wag!

Latest SPAC News: Grindr names George Arison CEO as it prepares for public debut, Getaround partners with GO, and Plastiq expands short-term financing offering

Grindr Names George Arison CEO as It Prepares for Public Debut

Latest SPAC News: Nikola’s Trevor Milton faces NY jury, Byju’s failure to publish accounts prompts scrutiny, and SPACs underwhelm in Hong Kong and Singapore

Nikola’s Trevor Milton Faces New York Jury in His Toughest Sales Job

Latest SPAC News: First Africa cannabis SPAC to go ahead with Cilo Cybin listing, United places ‘conditional’ order for electric air taxis from Eve, and Cazoo pulls plug on European operations

First Africa Cannabis SPAC to Go Ahead With Cilo Cybin Listing

**Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT**