Healthwell Acquisition Corp. (HWELU) Prices $250M IPO

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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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Atlas Crest Investment Corp (ACIC) Re-Strikes Deal with Archer

Atlas Crest (NYSE:ACIC) announced this morning that it had revised its deal with electric vertical take-off and landing (eVTOL) aircraft-maker Archer, dropping its enterprise value from $2.7 billion to $1.7 billion. This makes for a 38% drop in valuation for Archer, which was the first in a series of eVTOL-makers to strike deals with SPACs
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Starboard Value Acquisition Corp. (SVAC) Shareholders Approve Cyxtera Deal

Starboard Value Acquisition Corp.  (NASDAQ:SVAC) announced in a press release today that its shareholders approved its combination with data center provider Cyxtera in a meeting held earlier this morning. SVAC, which raised a total of $404.2 million at IPO, had 26,176,891 shares redeemed in connection with the vote, leaving 165,978,740 shares outstanding and $493 million
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Queen’s Gambit Growth Capital (GMBT) to Combine with Swvl in $1.1Bn Deal

Queen’s Gambit (NASDAQ:GMBT) has entered into a definitive combination agreement with mobility tech firm Swvl at an enterprise value of $1.1 billion, or 2.8x its 2023E gross revenue. Dubai-based Swvl operates a shared ride-hailing service using minibuses as an urban transport solution as well as a B2B service. The combined company is expected to trade
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