Tailwind Two Acquisition Corp. (NYSE:TWNT) announced this afternoon that its shareholders have voted to approve its combination with satellite-maker Terran Orbital.
The SPAC also announced that it is allowing shareholders to withdraw their redemption requests until this Thursday, March 24 at 3:00 p.m.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
SoFi Technologies, Inc.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
D-Orbit, the space logistics and orbital transportation company, announced today the upcoming launch of SPACELUST, the fifth mission using the Company’s proprietary ION Satellite Carrier (ION), a flexible and cost-effective orbital transfer vehicle (OTV) spacecraft designed both to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit.
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FirstMark Horizon Acquisition Corp. (NYSE:FMAC) announced this afternoon that its shareholders have voted to approve its combination with internet service provider (ISP) Starry in a special meeting held on March 16.
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American Acquisition Opportunity Inc. (NASDAQ:AMAO) has adjourned its special meeting held this afternoon without finalizing its shareholder vote.
Although the SPAC stated that the adjournment is intended to allow more time to obtain shareholder approval of the extension proposal and the trust amendment proposal, it still remains somewhat unclear why the meeting was adjourned.
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Zanite (NASDAQ:ZNTE) announced this afternoon in an 8-K that it has added $30 million to its PIPE and entered into a strategic warrant agreement for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer Eve.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has landed another $55 million in funding to fuel its growth while the at-home fitness industry undergoes a shakeout as consumers return to gyms after two years of Covid-related lockdowns and restrictions.
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ACE Convergence Acquisition Corp. (NASDAQ:ACEV) announced that it has secured up to $100 million in committed equity financing for its combination with electronics manufacturer Tempo Automation.
The new money comes from an affiliate of Cantor Fitzgerald, and will purchase up to an aggregate of $100 million of Tempo’s common stock from time to time post-merger.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Vacation rental giant Vacasa (NASDAQ:VCSA) expects to top $1 billion in revenue for the first time this year, but the Portland company said Wednesday that growth will be much slower than in the recent past.
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Goldenstone Acquisition Limited announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GDSTU” Thursday, March 17.
The new SPAC intends to acquire a growth-oriented business with an enterprise value between $150 million and $500 million although, they will not undertake an initial business combination with any entity headquartered in, or conducts the majority of its business in China (including Hong Kong and Macau).
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Asset manager Neuberger Berman has collected $1.95 billion for a debut fund to sponsor SPACs alongside CC Capital Partners, a private investment firm formed and led by ex- Blackstone Inc.
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Bridgetown 2 Holdings Limited (NASDAQ:BTNB) announced this morning that its shareholders have voted to approve its combination with Asian proptech firm PropertyGuru.
Redemptions removed about $177.4 million from the transaction, but this nonetheless counts as a victory for both the SPAC and the transaction in the current market.
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Motive Capital Corp. (NYSE:MOTV) announced this afternoon that its shareholders have voted to approve its combination with investment marketplace Forge Global, Inc.
Approximately 93.98% of the votes cast at today’s special meeting voted to approve the business combination with Forge.
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Zanite (NASDAQ:ZNTE) announced this afternoon in an 8-K that it has added $2.3 million to the PIPE for its combination with electric vertical take-off and landing vehicle (eVTOL) manufacturer Eve.
On March 9, the SPAC entered into a subscription agreement with an additional “strategic investor” that subscribed for an aggregate of 230,000 shares of common stock for $2.3 million.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Aquila Acquisition (7836), Hong Kong’s first SPAC, is aiming to raise about HK$1 billion after setting its offering price at HK$1.05 million per board lot.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Nubia Brand International Corp. announced the pricing of its upsized $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NUBIU” Friday, March 11.
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B. Riley Principal 150 Merger Corp. (NASDAQ:BRPM) announced this afternoon that it has amended its merger agreement, waived the minimum cash condition, and entered into a bridge loan agreement in connection to its proposed merger with digital content platform FaZe Clan.
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