Valuence Merger Corp. I announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VMCAU” Tuesday, March 1.
The new SPAC intends to acquire a business based in Asia (excluding China, Hong Kong, and Macau) that is developing breakthrough technology in life sciences or advancing a platform for sustainable technology.
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Supernova Partners Acquisition Company II (NYSE:SNII) announced this afternoon that its shareholders have voted to approve its combination with quantum computing firm Rigetti Holdings.
The announcement comes as no surprise as the SPAC disclosed on Friday morning that it expected to gain approval of the combination with sufficient cash to close the deal on March 2.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Michael Andretti speaks with Bloomberg on trying to find a target to merge with his SPAC Andretti Acquisition Corp.
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FTAC Athena (NASDAQ:FTAA) announced this afternoon that it has agreed to mutually terminate its combination with fintech firm Pico.
While most SPAC terminations have been citing unfavorable market conditions, FTAC Athena disclosed that it was forced to terminate due to Pico’s failure to deliver financial information as required by the business combination agreement.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
FG Merger Corp. announced the pricing of its $70 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FGMCU” Friday, February 25.
The new SPAC intends to focus its search for a target business in the financial services industry in North America.
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Supernova Partners Acquisition Company II (NYSE:SNII) announced this morning that it expects to gain approval of its combination with quantum computing firm Rigetti with sufficient cash to close the deal on March 2.
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GSR II Meteora Acquisition Corp. announced the pricing of its $275 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GSRMU” Friday, February 25.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Foxo Technologies Inc.,
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ARYA IV (NASDAQ:ARYD) has agreed to mutually terminate its combination with the gene therapy division of biotech firm Amicus (NASDAQ:FOLD).
The news came not from ARYA IV’s end but as a part of Amicus’ quarterly updates and it primarily blamed “unfavorable market conditions affecting IPOs, follow-on financings and SPACs”.
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Clean Earth Acquisitions Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CLINU” Thursday, February 24.
The new SPAC intends to focus on businesses in the clean and renewable energy industry with an enterprise value of approximately $800 million to $1.5 billion, with particular emphasis on businesses that participate in the global energy transition ecosystem and facilitate the way that energy is produced, stored, transmitted, distributed and consumed, all while reducing greenhouse gas emissions.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Lucid Group Inc.(NASDAQ:LCID),
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Brilliant (NASDAQ:BRLI) has entered into a definitive agreement to combine with payments platform Nukkleus at a pre-money enterprise value of $140 million, or about 7x its 2021 revenue.
Jersey City, New Jersey-based Nukkleus provides software to process exchanges of crypto and foreign currencies as well as contracts for differences (CFDs) for these assets.
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This week, we speak with Dan Wagner, Founder and CEO of Rezolve, which entered into a $1.8 billion dollar combination agreement with Armada Acquisition Corp. I (Nasdaq:AACI) , in December of 2021.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Eni SpA has picked six more banks to work on the IPO of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion).
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Healthcare Capital Corp. (NASDAQ:HCCC) announced this morning that its shareholders have voted to approve its combination with Alpha Tau Medical, but has not given any hints as to its redemption figures.
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Healthcare Capital Corp. (NASDAQ:HCCC) announced that it has once again adjourned its special meeting with cancer drug developer Alpha Tau until later today.
The meeting, which was supposed to be held earlier this morning, was convened and then adjourned until 4:00p.m.
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