Graf Acquisition Corp. IV (NYSE:GFOR) announced that it adjourned yesterday’s completion vote for its combination with NKGen Biotech without conducting any business and will reopen proceedings at 10 am ET September 20.
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APx Acquisition Corp. I (NASDAQ:APXI) announced in an 8-K this afternoon that it has sold the majority of its sponsor economics to Templar LLC and its designees.
As a part of the purchase agreement, the sponsor will transfer 3,342,188 of the company’s class B ordinary shares and 6,936,250 private placement warrants to Templar. The
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Prime Impact Acquisition I (NYSE:PIAI) announced in an 8-K this afternoon that its shareholders approved its combination with insurance firm Cheche at a special meeting yesterday.
At the meeting, 10,764,455 Class A and Class B Ordinary Shares of Prime Impact, which represented 84.48% of the ordinary shares outstanding, were represented.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Kolors, a Mexico City-based startup that connects intercity bus riders with bus drivers, is acquiring B2B van pooling provider Urbvan for $12 million cash, the company shared Wednesday.
Focus Impact Acquisition Corp. (NASDAQ: FIAC) has entered into a definitive agreement to combine with carbon streaming company DevvStream Holdings Inc. (OTC: DSTRF) at an enterprise value of approximately $212.8 million, or 4.7x 2025 EBITDA.
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Ares Acquisition Corporation (NYSE:AAC) announced in an 8-K this morning that it has added up to $60 million in new commitments to its combination with nuclear technology firm X-Energy while further dropping the target’s valuation.
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Inception Growth Acquisition Corp. (NYSE:IGTA) has entered into a definitive agreement to combine with AI firm AgileAlgo at a pre-money equity value of $160 million.
Singapore-based AgileAlgo provides AI tools to enterprise clients to optimize business process and teach their systems to continually improve themselves.
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Sustainable materials are starting to take a bite out of the share of single-use plastics in circulation, but replacing the full $600 billion plastics market is going to take more innovation and much more capital.
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The Growth for Good Acquisition Corporation (NASDAQ:GFGD) announced this afternoon that it will terminate its combination with EV technology company ZeroNox and will immediately begin the process of liquidating its trust.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
M3-Brigade III (NYSE:MBSC) announced in an 8-K this morning that its shareholders have approved its combination with Canadian energy producer Greenfire while warrant holders approved a proposal to buy back all outstanding warrants.
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Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with an undisclosed target in the critical materials space for, so far, undisclosed terms.
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First Light Acquisition Group, Inc. (NYSE:FLAG) announced this afternoon that it expects to close its business combination with Calidi Therapeutics tomorrow, September 12.
The deal was already approved by FLAG shareholders during a special meeting on September 1, but at that time, the parties did not share a proposed timeline for the transaction’s closing.
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The Growth for Good Acquisition Corporation (NASDAQ: GFGD) disclosed in a press release today that it has adjourned its special meeting for the seventh time.
Shareholders were expecting to cast their votes on the SPAC’s combination with EV-maker ZeroNox, but the parties are now considering terminating the deal due to the amount of redemption requests. It
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Graf Acquisition Corp. IV (NYSE:GFOR) announced this morning that it adjourned its Friday vote to complete its business combination with NKGen Biotech and will reconvene it at 4 pm September 13.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Lotus Technology Inc.
Prime Impact I (NYSE:PIAI) announced this morning that investors have subscribed to a PIPE in its combination with digital insurance firm Cheche buying 1,300,000 for $10 per share.
The investors were not named, but the PIPE would cover the deal’s $5 million minimum cash condition as it heads into its approval vote.
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Pono Capital Two (NASDAQ:PTWO) announced in an 8-K this morning that it has dropped its valuation in its combination with SBC Medical Group to $1 billion from $1.2 billion.
The wording of the filing does not provide a clear causality for the change, but both versions provided for up to $3 million in equity compensation being removed based on the company’s net working capital at close.
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The Growth for Good Acquisition Corporation (NASDAQ: GFGD) disclosed in a press release today that it has again adjourned its special meeting. This marks the sixth postponement for shareholders to cast their votes on the SPAC’s combination with EV-maker ZeroNox.
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