STOP THE WAR! Let’s support Ukraine Together

Month: February 2022

latest-news

The Latest SPAC News and Rumors: February 18, 2022


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

Latest SPAC News:  Chamath Palihapitiya steps down from Virgin Galactic, speculative investors drive 700% spike in former SPACs with low floats, and Bakkt slides 19%

Virgin Galactic Chairman Chamath Palihapitiya Steps Down From Board

Serial dealmaker Chamath Palihapitiya stepped down as chairman of Virgin Galactic Holdings Inc.

...READ MORE
deal-terms-2
TOP-3
IPO-Pricing

PowerUp Acquisition Corp. (PWUPU) Prices $250M IPO

Feb 17, 2022 IPOs by Marlena Haddad

PowerUp Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PWUPU” Friday, February 18.

The new SPAC intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure, with a particular focus on video gaming, gaming adjacent, and new metaverse video gaming businesses.

...READ MORE
latest-news

Concord (CND) Re-Strikes Circle Deal at Double the Value

Concord Acquisition Corp. (NYSE:CND) announced this morning that it has re-struck its combination agreement with crypto payments platform Circle with a new proposed equity value at $9 billion, up from an initial equity value of $4.5 billion. While we have seen many SPAC deals revised, all recent revisions were downward as SPACs received some pushback
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: February 15, 2022


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

Latest SPAC News:  Rezolve names former Adobe marketing head to be CEO of India Operations, and Trump teases first post on TRUTH Social

Rezolve Names Former Adobe Marketing Head Sunder Madakshira CEO of India Operations

Rezolve, a leader in mobile commerce and engagement, today named Sunder Madakshira, the former head of marketing at Adobe, as the company’s chief executive officer in India.

...READ MORE
Podcasts-SI

Podcast: Gett CEO/Founder Dave Waiser & Rosecliff Acquisition Corp. CEO Mike Murphy

This week we’ll be speaking with Dave Waiser, CEO and Founder of Gett, which agreed to a $1 billion merger with Rosecliff Acquisition Corp. (NASDAQ:RCLF) in November of 2021.

Gett is pioneering a new form of ground transportation software to help companies manage their travel policies and expensing, and individual trips both locally and internationally.

...READ MORE
IPO-Pricing
IPO-Pricing
Alert-2

Roth CH Acquisition III Co. (ROCR) Shareholders Approve QualTek Deal

Roth CH Acquisition III Co. (NASDAQ:ROCR) announced that its shareholders have approved its combination with telecom services QualTek in a special meeting held yesterday. The SPAC did not disclose redemption amounts, but ROCR traded below its trust value of $10 throughout its redemption deadline February 10. The parties have closed the deal and QualTek’s common
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: February 15, 2022


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

Latest SPAC News:  Joby teams up with ANA to bring flying taxis to Japan, Rigetti partners with Nasdaq to pursue quantum advantage, and Nauticus Robotics announces defense innovation award

Joby Teams Up With ANA to Bring Flying Taxis to Japan

Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc.

...READ MORE
IPO-Pricing

Software Acquisition Group III (SWAG) to Combine with Nogin, Inc.

Software Acquisition Group Inc. III (NASDAQ:SWAG) has entered into a definitive agreement to combine with Commerce-as-a-Service technology provider Nogin at an enterprise value of $646 million, or 6.0x its 2022E revenue. Tustin, California-based Nogin delivers Commerce as a Service to leading brands in the fashion, CPG, beauty, health, and wellness industries, specifically to help global
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
RUMORS

SPK Acquisition Corp. (SPK) to Combine with Varian Bio in $116M Deal

SPK (NASDAQ:SPK) has entered into a definitive combination agreement with oncology company Varian Biopharmaceuticals at an equity value of $116 million. Westport, Connecticut-based Varian Bio is developing novel therapeutics for the treatment of cancer with therapies designed to fight specific tumor types. The combined company is expected to trade on the Nasdaq under the symbol
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