STOP THE WAR! Let’s support Ukraine Together

Author: Marlena Haddad

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The Latest SPAC News and Rumors: December 15, 2021


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

Latest SPAC News: Fintech VI in talks to merge with Africa’s top fiber operator while KludeIn SPAC is in talks with data intelligence firm Near and Virgin Orbit expands space solutions business with Hypersat investment


Africa’s Top Fiber Operator Is in Talks With Betsy Cohen SPAC

Fintech Acquisition Corp.

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The Latest SPAC News and Rumors: December 14, 2021


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

Latest SPAC News: Bill Ackman’s SPAC calls investor claim that it’s illegal ‘fictional’, and SoundHound partners with Netflix


Bill Ackman’s SPAC Calls Investor Claim That It’s Illegal ‘Fictional’

Bill Ackman’s Pershing Square Tontine Holdings Ltd.

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Gores Holdings VIII (GIIX) to Combine with Footprint in $1.6Bn Deal

Gores VIII (NASDAQ:GIIX) has entered into a definitive agreement to combine with sustainable materials company Footprint at an enterprise value of $1.6 billion, or 3.2x its 2023E revenue. Gilbert, Arizona-based Footprint develops and manufactures new molded fiber packaging solutions with the goal of eliminating plastics from the consumer marketplace. The combined company is expected to
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Kairous Acquisition Corp. Limited (KACLU) Prices $75M IPO

Dec 13, 2021 IPOs by Marlena Haddad

Kairous Acquisition Corp. Limited announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “KACLU” Tuesday, December 14.

The new SPAC intends to focus on fast growing tech companies in different industry verticals, including but not limited to e-commerce, financial technology, insurance technology, digital health, digital media and digital services.

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AEA-Bridges Impact Corp. (IMPX) to Combine with LiveWire in $1.77B Deal

AEA-Bridges Impact Corp. (“ABIC”) (NYSE:IMPX) has entered into a definitive agreement to combine with Harley-Davidson’s (NYSE:HOG) electric motorcycle division LiveWire at an enterprise value of $1.77 billion, or 1.0x multiple to 2026E revenue. Milwaukee-based LiveWire plans to draw on its DNA as an agile disruptor from the lineage of Harley-Davidson to capitalize on a decade
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Broadstone (BSN) Announces Preliminary Shareholder Approval

Broadstone Acquisition Corp. (NYSE:BSN) announced this morning that it expects to receive shareholder approval at its special meeting set to vote on its combination with Vertical Aerospace tomorrow. This vote will not be final until after the meeting concludes, but Broadstone likely hopes that this early result might nudge the results up a bit. The
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