The market is tough, but even for the standards of this stretch of the calendar, four deal terminations in a little over 24 hours is a grislier scene than SPACs have encountered in quite a while. Aside from the general tendency to stash bad news on a holiday, the sudden result points to a variety
Read More
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Even with Halloween now passed, it has been a spooky week for deals trying to make it to close without getting the chop.
...READ MORE
Ares Acquisition Corporation (NYSE:AAC) has mutually terminated its combination with nuclear energy firm X-energy and will liquidate on or about November 7.
The news marks an unfortunate end for deal that the two sides put significant work into since announcing it in December 2022.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
With futures up, there is potential that this morning sees movement from investors looking to cash in on the ole’ Halloween Indicator.
...READ MORE
Roth CH V (NASDAQ:ROCL) announced this morning that it has slackened its grip on a possible deal with Slacker, allowing the letter of intent with the podcasting platform expire and breaking off further talks.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Sometimes the best deals are those that you don’t do.
...READ MORE
Sagging commodity prices for metals has been bad news for the five metals miners that completed SPAC deals in over the past three years and potentially a complicating development for the four announced deals still pending close.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Another day has brought another SPAC EV deal (more on that to come), which is a sound these days as customary as church bells on Sunday.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Few companies have a better finger to the pulse of consumer spending than payments and card companies.
...READ MORE
Fortune Rise (NASDAQ:FRLA) has entered into a definitive agreement to combine with Water On Demand at a pro forma equity value of $72 million.
Clearwater, Florida-based Water On Demand provides water treatment services and is developing a unique royalty-based platform it intends to launch as an investment vehicle.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
This morning brings news that a fresh airline SPAC deal may be brewing, following on the announcement of the first of its type between FlyBondi and Integral 1 (NASDAQ:INTE) last Friday.
...READ MORE
TenX Keane (NASDAQ:TENK) has entered into a definitive agreement with Citius Oncology with its parent company Citius Pharma receiving $675 million in equity consideration.
Cranford, New Jersey-based Citius Oncology is developing a leukemia drug that is nearing approval and could see the market by late 2024.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
There are increasing signs that the capital markets and dealmaking are returning to normalcy, but there is still plenty of time for fits and starts before the end of the year.
...READ MORE
SPACs have shot for the stars in multiple ways, but lately they have fared better when staying within the Earth’s atmosphere.
Twelve space ventures have gone public through SPACs since March 2021, demonstrating a firm link between the two industries.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Car ownership has long been considered a part of the American Dream, but it’s a slice of that goal that is getting more expensive even faster that housing.
...READ MORE
Integral Acquisition Corporation 1 (NASDAQ:INTE) has entered into a definitive agreement to combine with Argentine airline Flybondi under so far undisclosed terms.
Buenos Aires-based Flybondi flies to 17 destinations in Argentina and three in Brazil, holding a roughly 20% share of Argentina’s domestic air travel market.
...READ MORE
Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
President Joe Biden took to the airwaves last night to assert a message of American leadership over growing crises abroad.
...READ MORE