STOP THE WAR! Let’s support Ukraine Together

Author: Nicholas Alan Clayton

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GigCapital2 (GIX) Adds $285M PIPE to UpHealth Deal

GigCapital2 (NYSE:GIX) announced this evening that it has arranged an additional $285M in funding for its business combination with digital healthcare provider UpHealth. Just $30 million of this amount comes in the form of a traditional PIPE priced at $10 per share, while the remaining $255 million is in the form of 5-year convertible notes.
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Acamar Partners Acquisition Corporation (ACAM) Shareholders Approve CarLotz Deal

Acamar Partners Acquisition Corporation (NASDAQ:ACAM) announced in an 8-K filing that its shareholders approved its combination with vehicle ecommerce platform CarLotz at a special meeting earlier today. Just 2,493 shares were redeemed in connection with the vote, removing only $25,364.71 from Acamar’s estimated $310.9 million trust. Redeeming shareholders took a loss as the SPAC opened
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Oaktree Acquisition Corp. (OAC) Shareholders Approve Hims Deal

Oaktree Acquisition Corp (NYSE:OAC) announced in an 8-K filing that its shareholders approved its combination with ecommerce brand Hims & Hers at a special meeting earlier today. About 64.7% of Oaktree shares participated in the vote where its business combination was passed nearly unanimously. The filing did not note redemption figures, but the SPAC opened
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Churchill Capital IV (CCIV) Releases Statement on Lucid Motors Rumor

Churchill Capital Corporation IV released a statement saying something while also saying nothing about its rumored deal to combine with electric vehicle (EV) manufacturer Lucid Motors. The four-sentence statement noted Churchill IV “will not comment as to whether the Company is or is not pursuing a specific business opportunity other than saying, as noted, we are
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