FTAC Athena (NASDAQ:FTAA) announced this afternoon that it has agreed to mutually terminate its combination with fintech firm Pico.
While most SPAC terminations have been citing unfavorable market conditions, FTAC Athena disclosed that it was forced to terminate due to Pico’s failure to deliver financial information as required by the business combination agreement.
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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.
Foxo Technologies Inc.,
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Clean Earth Acquisitions Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CLINU” Thursday, February 24.
The new SPAC intends to focus on businesses in the clean and renewable energy industry with an enterprise value of approximately $800 million to $1.5 billion, with particular emphasis on businesses that participate in the global energy transition ecosystem and facilitate the way that energy is produced, stored, transmitted, distributed and consumed, all while reducing greenhouse gas emissions.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Lucid Group Inc.(NASDAQ:LCID),
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Eni SpA has picked six more banks to work on the IPO of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion).
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Healthcare Capital Corp. (NASDAQ:HCCC) announced that it has once again adjourned its special meeting with cancer drug developer Alpha Tau until later today.
The meeting, which was supposed to be held earlier this morning, was convened and then adjourned until 4:00p.m.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Serial dealmaker Chamath Palihapitiya stepped down as chairman of Virgin Galactic Holdings Inc.
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PowerUp Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PWUPU” Friday, February 18.
The new SPAC intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure, with a particular focus on video gaming, gaming adjacent, and new metaverse video gaming businesses.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Matterport, Inc.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Rezolve, a leader in mobile commerce and engagement, today named Sunder Madakshira, the former head of marketing at Adobe, as the company’s chief executive officer in India.
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AXIOS Sustainable Growth Acquisition Corp. announced the pricing of its upsized $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “AXAC.U” Wednesday, February 16.
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FutureTech II Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FTIIU” Wednesday, February 16.
The new SPAC intends to acquire U.S.
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Healthcare Capital Corp. (NASDAQ:HCCC) has adjourned its special meeting held this morning without finalizing its shareholder vote to approve its combination with cancer drug developer Alpha Tau.
Healthcare Capital stated that the adjournment is intended to allow more time to satisfy the closing conditions.
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Medicus Sciences Acquisition Corp. (NASDAQ:MSAC) filed an 8-K this afternoon disclosing that its letter of intent (LOI) with medical technology company Anteris Technologies Ltd (“Anteris”) that was announced just last week, is now cancelled and the two parties are no longer discussing a possible transaction.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc.
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A SPAC I Acquisition Corp. announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ASCAU” Tuesday, February 15.
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