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Juniper Industrial Holdings, Inc. (JIH) Shareholders Approve Janus International Deal

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Alkuri Global Acquisition Corporation (KURI) to Combine with Babylon Health in $3.6Bn Deal

Alkuri (NASDAQ:KURI) has entered into a definitive combination agreement with digital healthcare company Babylon at a enterprise value of $3.6 billion, or 5.1x its 2022E revenue. London-based Babylon provides digital self-help care tools and telemedicine services to patients in North America, Europe and Asia and engaged with a patient once every five seconds in 2020.
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The Latest SPAC News and Rumors: June 3rd, 2021


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

Palihapitiya files for four more SPACs while Canyon’s Josh Friedman sees mistakes being made

 


Billionaire Investor Chamath Palihapitiya Files For Four New Biotech SPACs

Chamath Palihapitiya filed for four blank-check companies on Wednesday along with a new partner Suvretta Capital Management, according to paperwork registered with the Securities and Exchange Commission. 

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The Latest SPAC News and Rumors: June 1st, 2021


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

Japan and China hope to tap into the SPAC market, private companies gain leverage, and Virgin Galactic gets sued

 


Japan Mulls Allowing Blank-Check Company Listings, Nikkei Says

Japan is considering changing its rules to allow IPOs by blank-check companies in the country, according to the Nikkei.

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Virtuoso Acquisition Corp. (VOSO) to Combine with Wejo in $800M Deal

Virtuoso (NASDAQ:VOSO) has entered into a definitive agreement to combine with vehicle data tracker Wejo at an enterprise value of $800 million, or 2.5x its 2024E net revenue. Manchester, UK-based Wejo has developed a data analysis suite based on tracking connected cars for a wide array of clients seeking predictive intelligence of vehicle ownership, traffic
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Locust Walk Acquisition Corp (LWAC) to Combine with eFFECTOR Therapeutics in $419M Deal

Locust Walk (NASDAQ:LWAC) has entered into a definitive agreement to combine with biopharmaceutical firm eFFECTOR at an enterprise value of $419 million. San Diego-based eFFECTOR has two clinical-stage and one preclinical drug candidates with potential use as cancer therapies. One has also received federal funding to analyze its effectiveness as a COVID-19 antiviral drug. The
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Pioneer Merger Corp. (PACX) to Combine with Acorns in $1.6Bn Deal

Pioneer Merger Corp. (PACX) has entered into a definitive agreement to combine with subscription-based financial wellness company Acorns at an enterprise value of $1.603 billion, or 12.7x 2021E revenues. The Irvine, California-based company is the largest subscription service in US consumer finance and its customers have the ability to invest in one of nine portfolios
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