Shopping Cart

FoxWayne Enterprises Acquisition Corp. (FOXW) to Combine with Clover in $157M Deal

Sep 20, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

FoxWayne (NASDAQ:FOXW) has entered into a definitive agreement to combine with dating app developer Clover for $157.45 million in share consideration. Toronto-based Clover runs a dating app aimed at Gen Z and millennials with live streaming and other social features. Transaction Overview FoxWayne brings about $13.7 million in cash into the deal from its current
Read More

To access this post, you must purchase 1 - User: Monthly Plan.

Chamath ipod ipof

Social Capital Hedosophia Holdings IV (IPOD) and VI (IPOF) to Liquidate

Sep 20, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Social Capital IV (NYSE:IPOD) and Social Capital VI (NYSE:IPOF) each announced in 8-K filings this morning that they intend to not complete business combinations and will instead liquidate their trusts on October 17.

IPO-Pricing

Global Star Acquisition, Inc. (GLSTU) Prices $80M IPO

Sep 19, 2022 IPOs by Marlena Haddad

Global Star Acquisition, Inc. priced its $80 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GLSTU” Tuesday, September 20, 2022.

The new SPAC intends to focus its efforts on Fintech and Proptech businesses that offer technology solutions, broader technology software, services or products to the financial services or real estate industries.

latest-news

The Latest SPAC News and Rumors: September 19, 2022

Sep 19, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: DWAC fails to pay proxy solicitors, and Ocean Biomedical discovers new therapy that can potentially kill cancerous cells

Trump SPAC fails to pay proxy firm despite tough hunt for votes, Financial Times reports

Executives behind a SPAC Digital World Acquisition Corp (NASDAQ:DWAC) that plans to take Donald Trump’s media business public have failed to pay their proxy solicitors, The Financial Times reported on Saturday.

Getty Images (GETY) Calls All Outstanding Warrants

Sep 19, 2022 INTEL, SPACs in the News by Nicholas Alan Clayton

Getty (NYSE:GETY) announced this morning that it will redeem all outstanding warrants for $0.01 per warrant at 5 p.m. on October 19.

This move is not being accompanied by a warrant exchange offer because of just how hot the de-SPAC has been trading over the past month.

Alert-2

Roth CH Acquisition IV Co. (ROCG) Ends Exclusivity with LOI Target

Sep 19, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Roth CH IV (NASDAQ:ROCG) announced in an 8-K this morning that its letter of intent (LOI) to combine with a target company is no longer exclusive.

The SPAC noted that negotiations for the deal remain ongoing, but both parties may seek out other transactions.

SPAC-Terms-Tracker

SPAC IPO Terms Tracker: More of the Same for September

Sep 17, 2022 INTEL by sam.beattie

Terms Tracker for the Week Ending September 16th, 2022

Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings.

For the week ending September 16^th, there were just two new S-1 registration statements, up from the zero seen last week, and zero IPOs, one less than the week prior.

AEA-Bridges Impact Corp. (IMPX) Shareholders Approve LiveWire Deal

Sep 16, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

AEA-Bridges Impact Corp. (NYSE:IMPX) announced in an 8-K this afternoon that its shareholders approved its combination with Harley-Davidson’s (NYSE:HOG) electric motorcycle division LiveWire at a special meeting held earlier today.

Holders of 35,761,579 ordinary shares were present in person or by proxy at today’s meeting, representing approximately 71.52% of IMPX’s voting power.

new-spac

New SPAC: Four Leaf Acquisition Corp. Files for $65M IPO

Sep 16, 2022 INTEL, New S-1 Filings by Marlena Haddad

Four Leaf Acquisition Corp. (NASDAQ:FORL) filed its S-1 on Tuesday for a $65 million IPO as the second SPAC to file for an IPO in September thus far. The SPAC intends to pursue an acquisition of a company focused on the Internet of Things (“IoT”) and adjacent technologies that target the IoT market such as devices,
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

latest-news

The Latest SPAC News and Rumors: September 16, 2022

Sep 16, 2022 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Byju’s delayed audit shows widening losses and ProSomnus announces availability of insurance reimbursement

Byju’s reports widening losses after prolonged audit delayed

Indian education provider Byju’s finally released audited financial statements after months of delay, but the disclosures are unlikely to resolve the swirl of controversy around the country’s most valuable startup.

Inflection Point Acquisition Corp. (IPAX) to Combine with Intuitive Machines in $815M Deal

Sep 16, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

Inflection Point (NASDAQ:IPAX) has entered into a definitive agreement to combine with space services company Intuitive Machines at an enterprise value of $815 million, or 2.8x its 2023E revenue.

Houston, Texas-based Intuitive Machines has designed a moon lander for future NASA missions as well as other aerospace products.

TOP-3

Top 3 SPAC Targets – Energy Infrastructure

Sep 16, 2022 Headline Post, INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies operating or building out energy infrastructure. We look at why they are compelling and why each could be a fit for a blank-check merger.

latest liquidations

Recharge Acquisition Corp. (RCHG) to Liquidate Trust

Sep 15, 2022 INTEL by Marlena Haddad

Recharge Acquisition Corp. (NASDAQ:RCHG) announced this afternoon that it intends to dissolve and liquidate its trust after being unable to complete a business combination.

The SPAC had a transaction deadline set for October 5, but will now redeem all of its outstanding shares of Class A common stock issued as part of the units sold in its IPO at a per-share redemption price of approximately $10.12. As

CF Acquisition Corp. VI (CFVI) Shareholders Approve Rumble Deal

Sep 15, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

CF Acquisition Corp. VI (NASDAQ:CFVI) announced in a press release this afternoon that its shareholders approved its combination with social video platform Rumble at a special meeting held earlier today.

The SPAC disclosed that only 0.1% of the 30 million CFVI public shares were redeemed in connection with the meeting, marking the best redemption result of the year to-date.

TPB Acquisition Corporation I (TPBA) to Combine with Lavoro in $1.2Bn Deal

Sep 15, 2022 Deal Announcements & Amendments, INTEL by Nicholas Alan Clayton

TPB Acquisition Corp I (NASDAQ:TPBA) has entered into a definitive agreement to combine with agritech business Lavoro, at an enterprise value of $1.22 billion, or 7.1x its 2022E EBITDA.

Sao Paulo, Brazil-based Lavoro is a diversified omnichannel seller of agricultural inputs in Brazil and the Latin American region more broadly.

latest-news

The Latest SPAC News and Rumors: September 15, 2022

Sep 15, 2022 INTEL, SPACs in the News by Marlena Haddad

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

**Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT**

Saxo Bank Explores Amsterdam Listing with SPAC Deal

Denmark-headquartered broker, Saxo Bank announced its intentions on Thursday to become a public company by merging with the blank-check company, Disruptive Capital Acquisition Company Limited (DCAC).

Altus Power (AMPS) Calls All Outstanding Warrants

Sep 15, 2022 INTEL by Nicholas Alan Clayton

Altus Power (NYSE:AMPS) announced this morning that it will redeem all public and private placement warrants at $0.10 per warrant and all must be exchanged by October 14 at 5 pm ET.

Delwinds Insurance (DWIN) Shareholders Approve FOXO Deal

Sep 15, 2022 De-SPAC Votes and Redemptions, INTEL by Nicholas Alan Clayton

Delwinds Insurance (NYSE:DWIN) announced in an 8-K this morning that its shareholders approved its combination with insurtech firm FOXO at a special meeting September 14.

The SPAC had already tipped on Tuesday that 99.5% of its shares were redeemed in connection with the vote.

Ventoux CCM (VTAQ) Shareholders Approve Presto Deal

Sep 14, 2022 De-SPAC Votes and Redemptions, INTEL by Marlena Haddad

Ventoux CCM Acquisition Corp. (NASDAQ:VTAQ) announced in a press release this afternoon that its shareholders have approved its combination with restaurant management software provider Presto at a special meeting held earlier today.

new-spac

New SPAC: dMY Squared Technology Group, Inc. Files for $75M IPO

Sep 14, 2022 INTEL, New S-1 Filings by Marlena Haddad

dMY Squared Technology Group, Inc. (NYSE:DMYY) filed its S-1 on Monday for a $75 million IPO as the first SPAC to file for an IPO in September. The SPAC intends to focus its search for an initial business combination on companies within the professional service industry that provide accounting, legal, financial, advisory or other services to
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Archives