The Latest SPAC News and Rumors: December 8, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Decarbonization Plus III (DCRC) Shareholders Approve Solid Power Deal
Decarbonization Plus III (NASDAQ:DCRC) announced this afternoon that its shareholders have approved its combination with automotive battery-maker Solid Power in a special meeting held earlier today. At today’s special meeting, there were 27,884,608 shares present either by proxy or online, representing approximately 63.73% of the total outstanding shares of DCRC. Decarbonization Plus III reported that justRead More
ANZU I (ANZU) Arranges Forward Purchase Agreement
ANZU Special Acquisition Corp I (NASDAQ: ANZU) announced this afternoon that it entered into a Forward Purchase Agreement (FPA) with institutional investors, anchored by Arena Capital Advisors, LLC and Fir Tree Partners. The FPA will include an investment up to $120 million, consisting of up to $80 million of convertible notes and up to $40Read More
Seven Oaks (SVOK) Shareholders Approve Boxed Deal
Seven Oaks Acquisition Corp. (NASDAQ:SVOK) announced this afternoon that its shareholders have approved its combination with ecommerce seller Boxed in a special meeting held earlier today. Although Seven Oaks did not disclose its redemption amounts, SVOK traded below $10 throughout its redemption deadline December 3. It gained 4.49% today, closing at $9.15, and is upRead More
The Latest SPAC News and Rumors: December 7, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Xos partners with Yancey Bros, FaZe Clan announces MoonPay as official crypto and NFT partner, and Arnault-backed group launches second SPAC listing
Xos Announces Strategic Partnership with Yancey Bros.
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Pine Technology (PTOC) to Combine with Tomorrow.io in $729M Deal
Pine Technology Acquisition Corp. (NASDAQ:PTOC) has entered into a definitive agreement to combine with weather forecasting company Tomorrow.io at an enterprise value of $729 million, or 11.1x its 2023E revenue. Boston-based Tomorrow.io is a weather and climate platform dedicated to helping countries, businesses, and individuals manage their weather and climate security challenges. The combined company isRead More
Crypto 1 (DAOOU) Prices $200M IPO
Crypto 1 Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DAOOU” Tuesday, December 7.
The new SPAC intends to focus its efforts on a significant digital assets and cryptocurrency exchange, payment system and/or related financial services company, including wallets, lending and decentralized finance.
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APx Acquisition Corp. I (APXIU) Prices $150M IPO
APx Acquisition Corp. I announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “APIXU” Tuesday, December 7.
The new SPAC intends to focus its search for target businesses in Mexico, Spanish-speaking Latin America, and Hispanic businesses in the United States, while prioritizing companies with significant technological advantages and strong fundamentals.
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Motive Capital Corp. II (MTVC.U) Prices Upsized $300M IPO
Motive Capital Corp. II announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “MTVC.U” Tuesday, December 7.
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Jupiter Wellness Acquisition Corp. (JWACU) Prices Upsized $120M IPO
Jupiter Wellness Acquisition Corp. announced the pricing of its upsized $120 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “JWACU” Tuesday, December 7.
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Yucaipa Acquisition Corporation (YAC) Adds Additional $100M to SIGNA Sports Deal
Yucaipa Acquisition Corporation (NYSE:YAC) announced this afternoon that it has secured an additional $100 million for its combination with SIGNA Sports United. This additional funding comes almost two months after Yucaipa signed a backstop agreement, worth up to $178 million, and upsized its PIPE by an additional $70 million. The backstop agreement from October, whichRead More
CBRE Acquisition Holdings (CBAH) Shareholders Approve Altus Power Deal
CBRE Acquisition Holdings, Inc. (NYSE:CBAH) announced this afternoon that its shareholders have approved its combination with renewable energy firm Altus Power in a special meeting held earlier this morning. Approximately 90.3% of the votes cast on the business combination proposal at today’s special meeting were in favor of approving the deal, including 60.4% of theRead More
The Latest SPAC News and Rumors: December 6, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Lucid gets SEC subpoena, Zaoui brothers take BenevolentAI public, and VT5 launches Switzerland’s first SPAC
EV Maker Lucid Gets SEC Subpoena on $24 Bln Blank-Check Deal
The U.S.
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dMY Technology Group, Inc. IV (DMYQ) Shareholders Approve Planet Deal
dMY Technology Group, Inc. IV (NYSE:DMYQ) announced late yesterday evening that its shareholders have approved its combination with environmental data provider Planet in a special meeting held Friday morning. The closing of the business combination is expected to take place on December 7, 2021, whereby the company will be renamed “Planet Labs PBC”. Its commonRead More
Foresight Acquisition Corp. (FORE) Shareholders Approve P3 Health Partners Deal
Foresight Acquisition Corp. (NASDAQ:FORE) announced this afternoon that its shareholders have approved its combination with healthcare provider P3 in a special meeting held this morning. Although the business combination was overwhelmingly approved, Foresight disclosed that holders of an aggregate of 27,887,684 shares exercised their right to redeem, removing 88.18% of its trust. Just last week,Read More
GigCapital4, Inc. (GIG) Shareholders Approve BigBear.ai Deal
GigCapital4, Inc. (NASDAQ:GIG) announced that its shareholders have approved its combination with AI technology firm BigBear.ai in a special meeting held this morning. The transaction is expected to close next Tuesday, December 7, and the combined company will operate as BigBear.ai Holdings, Inc. Its shares of common stock and warrants are expected to trade onRead More
The Latest SPAC News and Rumors: December 3, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: VinaCapital weighs Singapore SPAC IPO and Grab slumps more than 20%
Vietnam’s VinaCapital Weighing Singapore SPAC IPO Next Year
VinaCapital, a Vietnamese asset manager, is exploring setting up a blank-check company to list in Singapore next year.
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Aldel Financial (ADF) Shareholders Approve Hagerty Deal
Aldel Financial Inc. (NYSE:ADF) announced this morning that its shareholders have approved its combination with car insurer Hagerty in a special meeting held Wednesday. The press release did not disclose redemption figures but noted that the combined company will begin trading on the NYSE today with shares trading under the symbol “HGTY” and warrants “HGTY.WS”.Read More
ST Energy Transition I Ltd. (STET.U) Prices $250M IPO
ST Energy Transition I Ltd. announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “STET.U” Friday, December 3.
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BioPlus Acquisition Corp. (BIOSU) Prices Upsized $200M IPO
BioPlus Acquisition Corp. announced the pricing of its upsized $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BIOSU” Friday, December 3.
The new SPAC intends to combine with a global life sciences business with strong preclinical or clinical data driving confidence in successful clinical proof of concept.
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