Liberty Media Acquisition Corp. (Nasdaq: LMACA) announced this afternoon that its shareholders have approved a proposal to allow LMAC to amend its deadline date so it can liquidate early.
The SPAC previously filed a proxy in September to unwind and redeem all of its outstanding public shares prior to December 30, 2022.
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Frazier Lifesciences (NASDAQ:FLAC) announced this morning that its shareholders have approved its business combination with biotech firm NewAmsterdam Pharma Holding during a special meeting today.
The SPAC disclosed that holders of approximately 32% of FLAC Class A ordinary shares exercised their right to redeem their shares for cash, significantly lower than the average redemption rate for completed deals this year at 83.99%.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Elliott Investment Management disclosed a new stake in Clarivate Plc (NYSE:CLVT) amid a wave of take-private transactions in the information services sector.
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G&P Acquisition Corp. (NYSE:GAPA) announced this morning that it will liquidate its trust and be redeeming all shares effective as of November 30.
As such, today is to be the SPAC’s final trading day.
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Kingswood Acquisition Corp. (NYSE:KWAC) announced this morning that it is adjourning tomorrow’s special meeting from November 15, to November 18.
Similar to the issues Digital World (Nasdaq: DWAC) is having with its own extension vote, Kingswood disclosed that the meeting is being adjourned in order to solicit more votes toward the approval to further extend to May 24, 2023.
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8i Acquisition 2 (NASDAQ:LAX) announced this morning that it has entered into a Prepaid Forward Agreement with a certain institutional investor just days after shareholders approved its combination with digital health firm EUDA.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Freyr Battery SA (NYSE:FREY) is in talks with KKR & Co.
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East Stone (NASDAQ:ESSC) announced this morning that its shareholders have approved its business combination with EV-maker ICONIQ during a special meeting held on November 10.
The special meeting was originally scheduled for November 7, but was later adjourned to November 8, and then adjourned once again to November 10.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Polestar (NASDAQ:PSNYW) on Friday reported a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, sending shares soaring 29% in early trading.
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8i Acquisition 2 (NASDAQ:LAX) announced this afternoon that its shareholders have approved its combination with digital health firm EUDA at a special meeting this morning.
As of November 8, the SPAC saw a total of 8,195,770 ordinary shares tendered for redemption resulting in the final redemption price of $10.0837 per share.
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Vickers Vantage Corp. I (NASDAQ: VCKA) announced this afternoon that its shareholders have approved its combination with commercial biopharmaceutical company Scilex, a majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE), at a special meeting held yesterday, November 9.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Business news and information publisher Forbes said on Wednesday it has entered into “exclusive discussions” with an investor consortium for the sale of the company.
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AGBA Acquisition Limited (NASDAQ:AGBA) announced this morning that its shareholders have approved its combination with the five subsidiaries of financial holding company TAG.
The SPAC disclosed that a total of 3,339,229 shares were tendered for redemption in connection the special meeting of shareholders. But,
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