Velocity Acquisition Corp. (NASDAQ:VELO) will not consummate an initial business combination and intends to dissolve and liquidate effective as of the close of business on December 20, 2022.
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Aries I Acquisition Corp. (NASDAQ:RAM) announced in an 8-K filing this afternoon that it has terminated its combination agreement with metaverse technology firm Infinite Assets.
The SPAC plans to continue to seek out a combination target, but will likely have to fund extensions to do so.
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Sizzle (NASDAQ:SZZL) announced that will be postponing its upcoming extension vote from December 19 to a date yet to be determined in February.
This is likely to come in the first week of the month as the SPAC has its existing transaction deadline set for February 8.
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M3-Brigade Acquisiition II Corp. (NYSE:MBAC) announced that it is pushing its extension vote from December 19 to December 23 at 9:30 am ET.
The SPAC is seeking a full-year extension from its existing deadline of March 8, 2023 to March 8, 2024 and is attempting to give shareholders more time to potentially reverse redemption decisions.
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Golden Falcon (NYSE:GFX) announced that it convened and adjourned its extension vote today to 11 am ET, December 20.
The SPAC likely hopes to use this additional time to flip votes and redemption decisions after recently announcing its combination with Turkish air freight hauler MNG Airlines.
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Redwoods Acquisition Corp. (NASDAQ:RWOD) announced in a 425 filing that it has signed an agreement of intent to combine with material technology company Xin Bo Xing.
The parties intend to arrange a PIPE for the transaction involving several private funds and the combined company would be listed on the Nasdaq, according to the filing.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Digital World Acquisition Corp.,
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Churchill Capital Corp V (NYSE:CCV) announced in an 8-K filing this morning that it has signed a non-binding letter of intent (LOI) to combine with a target company and will be extending its transaction deadline to March 18, 2023.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
At the special meeting of the stockholders of Simon Property Group Acquisition Holdings, Inc.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Nikola Corp.
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Adit EdTech (NYSE:ADEX) announced this afternoon that it convened and then adjourned today’s special meeting of stockholders.
The meeting will reconvene on December 23, 2022. ADEX hopes to use this additional time to continue soliciting additional proxies to gain stockholder approval to extend its timeline for its business combination with bitcoin self-mining company Griid Infrastructure.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Product design and manufacturing service provider SyBridge Technologies is set to acquire now-bankrupt 3D printing bureau Fast Radius’ (NASDAQ:FSRD) assets, it has been revealed.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Americas Technology Acquisition Corp.
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