Author: Marlena Haddad

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Starboard Value Acquisition Corp. (SVAC) Shareholders Approve Cyxtera Deal

Starboard Value Acquisition Corp.Ā  (NASDAQ:SVAC) announced in a press release today that its shareholders approved its combination with data center provider Cyxtera in a meeting held earlier this morning. SVAC, which raised a total of $404.2 million at IPO, had 26,176,891 shares redeemed in connection with the vote, leaving 165,978,740 shares outstanding and $493 million
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The Latest SPAC News and Rumors: July 28, 2021


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

Latest SPAC News: Lordstown to sell $400 million in stock, the London Stock Exchange has its first SPAC listing, and Sebi explores framework for SPACs in India


Lordstown Is Selling Some Stock

Electric-vehicle startup Lordstown Motors Corp.

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IPO-Pricing
IPO-Pricing
IPO-Pricing
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The Latest SPAC News and Rumors: July 27, 2021


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

Latest SPAC News: Britain revises SPAC rules, Lucid Motors rises following merger, and Joby completes flight of more than 150 miles with electric vertical take-off air taxi


Britain Eases SPAC Rules As Global Watchdog Puts Sector on Watch

Britain has eased rules for SPACs to attract more listings to London, just as global regulators have put a watch on the blank-check companies.

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IPO-Pricing
IPO-Pricing
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The Latest SPAC News and Rumors: July 26, 2021


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

Latest SPAC News: Canoo names former diplomat as its president, and Bloomberg Law reports law firms are cashing in on de-SPACs


Electric Car Startup Canoo Names Former Diplomat As President

Electric car startup Canoo Inc (NYSE:GOEV.O) on

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Jam City and DPCM Capital Terminate $1.2 Billion Deal

DPCM CapitalĀ  (NYSE:XPOA) announced in a press release and an 8-K filing today that it has terminated its business combination with leading mobile entertainment company, Jam City. The press release did not give a specific reason for the termination, but it is worth mentioning that DPCM had a $100 million PIPE at an effective price
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The Latest SPAC News and Rumors: July 23, 2021


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

Latest SPAC News: It’s a Summer of SPACs in Europe, Rascoff’s SPAC in talks to take Buyers Edge public, former CBS CEO launches SPAC, and Tom Barrack to appear in California court for bail hearing


Rascoff SPAC Said in Talks to Take Buyers Edge Platform Public

Software provider Buyers Edge Platform is in discussions to go public through a merger with Spencer Rascoff’s Supernova Partners Acquisition Co.

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IPO-Pricing
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Churchill Capital Corp. IV (CCIV) Adjourns Shareholder Vote

Churchill Capital Corp. IVĀ  (NYSE:CCIV) announced in a press release this morning that it adjourned its meeting regarding its combination with luxury electric vehicle company Lucid Motors. Shareholders approved all of the proposals except #2, which requires a higher threshold of 65% in order to pass. The new meeting will be tomorrow, July 23 at
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Gores Holdings VI (GHVI) Completes Matterport Deal

Gores Holdings VI  (NASDAQ:GHVI) announced this morning that it has completed its combination with proptech firm Matterport following at a special meeting of shareholders on July 20.

The combined company will commence trading on Nasdaq under the new ticker symbol “MTTR” on July 23, 2021

The release did not include exact redemption figures, but noted that the deal’s final proceeds included about $310 million from Gores VI’s trust.

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CM Life Sciences, Inc. (CMLF) Completes Sema4 Deal

CM Life Sciences, Inc.  (NASDAQ:CMLF) announced this morning that its shareholders approved its combination with genomic and clinical data intelligence company Sema4 and the transaction has now been completed.

The release and an earlier 8-K filing did not disclose redemption figures, but CM Life Sciences traded above $11 through the day of its July 19 redemption deadline and so it is unlikely shareholders redeemed in large numbers, if any.

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