Kensington Capital Acquisition Corp. II (NYSE:KCAC) secured shareholder approval of its combination with electric vehicle (EV) charging station provider Wallbox today after obtaining an additional PIPE for the deal.
Holders of 22,013,340 shares of KCAC were present at today’s meeting, representing 76.56% of the voting power.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Electric-truck maker Lordstown Motors Corp.
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Kensington II (NYSE:KCAC) announced this morning that it has arranged an additional $11 million PIPE for its deal with EV-charger Wallbox that saw redemptions drop its funds below the minimum cash condition.
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Artemis Strategic Investment Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARTEU” Thursday, September 30.
The Company intends to combine with targets in the gaming, hospitality and entertainment industries, including transformational technology companies operating in these industries. Artemis
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Home Plate Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HPLTU” Thursday, September 30.
The Company intends to focus its efforts on identifying high growth, U.S.
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Cerberus Telecom (NYSE:CTAC) announced in an 8-K filing today that its shareholders approved its combination with internet-of-things (IoT) provider KORE Wireless at a shareholder vote held earlier today.
A total of 22,240,970 shares were redeemed in connection with the meeting, removing 85.76% of the SPAC’s trust and leaving $36.9 million remaining.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
MELI Kaszek Pioneer Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MEKA” Wednesday, September 29.
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Montes Archimedes Acquisition Corp. (NASDAQ:MAAC) announced that it experienced high redemptions, but secured shareholder approval of its combination with biotech firm Roivant Sciences at a special meeting yesterday.
A total of 38,400,312 shares, representing about 93.5% of all outstanding shares, were redeemed in connection with the vote leaving approximately 2,671,508 public SPAC shares and roughly $26.7 million remaining in trust.
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Star Peak Corp. II (NYSE:STPC) announced in an 8-K filing this morning that its shareholders approved its combination with food technology company Benson Hill at a shareholder vote held yesterday, but saw significant redemptions like many of its peers this month.
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Galileo Acquisition Corp. (NYSE:GLEO) announced in an 8-K filing this morning that its shareholders approved its combination with additive manufacturing firm Shapeways, albeit with high redemptions.
In connection with the special meeting held yesterday, 11,018,352 shares were redeemed, removing 79.8% of Galileo’s trust.
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CA Healthcare Acquisition Corp. (NASDAQ:CAHC) announced in a press release today that its shareholders approved its combination with medical device-maker LumiraDx at a shareholder vote held earlier today.
Although the press release did not disclose information on its redemptions, CAHC traded above $10 throughout its redemption deadline September 24.
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Hennessy Capital Investment Corp. VI announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCVIU” Wednesday, September 29.
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JAWS Spitfire Acquisition Corp. (NYSE:SPFR) announced in an 8-K filing today that its shareholders approved its combination with manufacturing firm VELO3D , but faced a fair share redemptions at a shareholder vote held earlier this morning.
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PTK Acquisition Corp. (NYSE:PTK) announced that its shareholders approved its combination with Israel-based semiconductor-maker Valens at a shareholder vote held earlier today.
In an 8-K filing, the SPAC showed that 8,507,237 shares were redeemed in connection with the vote, removing 74% of PTK’s trust.
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dMY Technology Group, Inc. III (NYSE:DMYI) announced that its shareholders approved its combination with quantum computing company IonQ at a shareholder vote held this morning.
The press release noted that approximately 97% of the votes cast at the meeting on the business combination proposal, representing approximately 62% of dMY III’s outstanding shares, approved the deal.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Securities and Exchange Commission Chairman Gary Gensler shed light on an array of hot-button topics during an interview on Monday, expressing his belief that “people will be hurt” if cryptocurrency markets are allowed operate beyond the remit of regulators, and voicing concerns that SPACs leave public market investors vulnerable.
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Parabellum Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the NYSE under the symbol “PRBM.U” Tuesday, September 28.
The Company intends to focus on businesses with an enterprise value of $300 million to $1 billion that have unique propitiatory technologies and business models and are actively engaged in the Internet of Things (“IoT”) transformation in a variety of segments such as consumer, industrial, automotive, medical and others.
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