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Gores V (GRSV) Shareholders Approve Ardagh Metal Packaging Deal

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The Latest SPAC News and Rumors: August 4, 2021


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

Latest SPAC News: Hydrow in talks to merge with Sandbridge X2 and Venus Williams joins HumanCo’s advisory board


Hydrow in Talks to Go Public in Sandbridge X2 SPAC Deal

Rowing machine creator Hydrow is in talks to go public through a merger with Sandbridge X2 Corp.

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FTAC Athena Acquisition Corp. (FTAA) to Combine with Pico in $1.4Bn Deal

FTAC Athena (NASDAQ:FTAA) has entered into a definitive agreement to combine with fintech firm Pico at an enterprise value of $1.4 billion, or 7.2x its 2021E revenue. New York City-based Pico provides high-speed financial markets data and analysis to institutions across the globe from exchanges in 20 cities. The combined company is expected to trade
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The Latest SPAC News and Rumors: August 3, 2021


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

Latest SPAC News: Traveloka to raise up to $400 million, Citadel alumni team up with JDS’s Stern for new blank-check firm, and Roivant aborts plans to buy back its own SPAC


Traveloka in Talks to Raise Up to $400 Million for SPAC Deal

Indonesia’s Traveloka is in talks with potential investors to raise as much as $400 million as part of its plan to go public through merging with a SPAC backed by Richard Li and Peter Thiel.

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VPC Impact II (VPCB) to Combine with Kredivo in $2.5B Deal

VPC Impact Acquisition Holdings II (NASDAQ:VPCB) has entered into a definitive agreement to combine with buy-now-pay-later platform Kredivo for a $2.5 billion pro forma equity value, or 6.3x 2022E revenue. Jakarta-based Kredivo provides customers instant credit financing, including personal loans, based on AI-enabled real-time decisioning. The business combination is expected to close no later than
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Yellowstone Acquisition Company (YSAC) to Combine with Sky Harbour in $777M Deal

Yellowstone (NASDAQ:YSAC) has entered into a definitive agreement to combine with airport hanger manager Sky Harbour for a $777 million pro forma equity value. West Harrison, New York-based Sky Harbour develops and leases aviation infrastructure facilities across the US, with scaled up comfort features as compared to community hangars. The combined company is expected to
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The Latest SPAC News and Rumors: August 2, 2021


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

Latest SPAC News: Grab’s sales jump ahead of merger


Grab’s sales jump 39% in Q1, ahead of record SPAC deal

Grab, Southeast Asia’s biggest ride hailing-to-food delivery group’s first-quarter adjusted net sales rose 39% to a record $507 million and the Singapore-based firm reduced its losses on the back of a strong performance in its deliveries business.

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The Latest SPAC News and Rumors: July 30, 2021


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

Latest SPAC News: Manscaped in talks to merge with Bright Lights, Nikola founder Milton charged for false statements, and MENA region sees more SPAC deals


Grooming Startup Manscaped Holds Bright Lights SPAC Talks

Manscaped, a startup that sells products for “below-the-waist hygiene,” is in talks to merge with blank-check firm Bright Lights Acquisition Corp.

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Tailwind Acquisition Corp (TWND) Adjourns Shareholder Vote Again

Tailwind Acquisition Corp.  (NYSE:TWND) announced in a press release this morning that it adjourned its meeting regarding its combination with cybersecurity firm Qomplx. The press release did not give much information, but in the past SPACs have used adjournments to increase turnout for the vote or give redeeming shareholders extra time to potentially change their
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Cerevel Therapeutics (CERE) Announces Warrant Redemption for Cash Exercise

Jul 30, 2021 INTEL by Kristi Marvin
Cerevel Therapeutics (Nasdaq: CERE), which completed their combination with ARYA Sciences Acquisition Corp. II in late October of 2020, announced this morning that it will be redeeming its outstanding public SPAC warrants for cash exercise.  The current price is around $13.34, but as of this writing, the warrants are up $0.019, which would bring it
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The Latest SPAC News and Rumors: July 29, 2021


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

Latest SPAC News: Nanosys in talks to merge with GigInternational1, blank-check firms turn to expensive sources of financing


Nanosys Is in Talks to Go Public Via GigInternational1 SPAC

Quantum-dot technology developer Nanosys Inc. is

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TPG Pace Solutions Corp. (TPGS) to Combine with Vacasa in $3.7Bn Deal

TPG Pace Solutions (NYSE:TPGS) has entered into a definitive agreement to combine with vacation rental management platform Vacasa at an enterprise value of $3.747 billion, or 3.7x its 2022E revenue. Portland, Oregon-based Vacasa helps homeowners manage vacation properties and book them out to renters through its own site as well as channel partners like Airbnb
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