Apeiron Capital Investment Corp. (OTCMKTS:APNC) announced today that it has notified GIO World Health, Ltd.
Insight Acquisition Corp. (NASDAQ:INAQ) announced this afternoon that it has mutually terminated its combination with oil and gas producer Avila (CSE:VIK), effective immediately.
The parties noted that they have nixed the deal as a result of challenging conditions in the SPAC market.
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Aurora Acquisition Corp. (NASDAQ: AURC) announced this afternoon that its shareholders approved its combination with proptech firm Better at a special meeting earlier today.
Aurora’s sponsor, directors and executive officers own 97.7% of the issued and outstanding ordinary shares, including 100% of the issued and outstanding Class B ordinary shares, and committed to vote in favor of the deal.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Cano Health (NYSE:CANO) said on Thursday there is substantial doubt about the company’s ability to continue as a going concern this year, sending its shares down about 48% after the bell.
Oxbridge Acquisition Corp. (NASDAQ: OXAC) announced this afternoon that it has completed its combination with private aviation booking and membership platform Jet.AI, formerly known as Jet Token.
The deal was originally approved by shareholders at a special meeting held on August 7, but post-closing, Jet.AI,
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MedTech Acquisition Corporation (NASDAQ:MTAC) announced this afternoon that it has completed its business combination with drug developer TriSalus Life Sciences.
The deal was initially approved by shareholders at a special meeting held on August 8. A
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Fifth Wall Acquisition Corp. III (NASDAQ:FWAC) announced in an 8-K this afternoon that its shareholders approved its combination with parking asset owner Mobile Infrastructure at a special meeting today.
The deal was overwhelmingly approved as holders of 8,132,369 shares voted in favor of the transaction, while holders of just 55,221 shares voted against it.
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AxonPrime Infrastructure Acquisition Corporation (NASDAQ:APMI) today announced that it will not be able to consummate an initial business combination by August 17.
Broad Capital Acquisition Corp. (NASDAQ:BRAC) announced this afternoon that it has entered into an amendment to its merger agreement to combine with fintech target Openmarkets.
On August 4, the parties amended the business combination agreement to decrease the number of purchase shares to be issued to the seller, BMYG OMG Pty Ltd, as consideration at closing from 9,000,000 to 7,000,000 due to an updated valuation of Openmarkets.
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Moringa Acquisition Corp. (NASDAQ:MACA) announced this afternoon that travel booking platform Holisto has terminated its business combination with the SPAC.
On August 7, Moringa received a notice from the Israeli travel company stating it will be terminating the deal pursuant to Section 7.1 of the business combination agreement, which allows the target or the SPAC to nix the deal if it is not completed by January 1, 2023. However,
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Virgin Galactic Holdings Inc.
Blue World Acquisition Corporation (NASDAQ: BWAQ) has entered into a definitive agreement to combine with solar solution company Vietnam Sunergy Cell (“TOYO Solar”).
Tokyo, Japan-based TOYO is a solar module solutions provider focusing on solar photovoltaic products in Southeast Asia.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
WeWork (NYSE:WE) warned of a possible bankruptcy in a stunning reversal of fortune for the shared workspace provider that four years ago was one of the world’s most prized startups with a valuation of $47 billion.
Tigo Energy, Inc. (Nasdaq: TYGO), which completed its combination with Roth CH Acquisition IV in May, announced this morning that it will be redeeming its outstanding public and private warrants for a redemption price of $0.01 per warrant.
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On August 7, Healthcare AI Acquisition Corp. (NASDAQ:HAIA) and its sponsor, Atticus Ale, entered into a non-redemption agreement with one or more unaffiliated third parties in exchange for such third parties agreeing not to redeem their ordinary shares.
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On August 8, Golden Falcon (NYSE:GFX) mutually terminated its business combination with freight aviation company MNG Airlines.
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FG Merger Corp. (Nasdaq: FGMC) announced this afternoon that it plans to adjourn its August 11 special meeting to vote on its business combination with healthcare workflow platform iCoreConnect.
The meeting will reconvene on August 18, at 10:00 a.m.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Nikola (NASDAQ: NKLA) said Michael Lohscheller had stepped down as president and CEO effective immediately and would leave the board on August 31.
7GC & Co. Holdings Inc. (NASDAQ: VII) announced this afternoon that it has made multiple amendments to its business combination agreement with video engagement platform Banzai.
As part of the changes, the requirement to close Banzai’s acquisition of ad-tracking firm Hyros is no longer a prerequisite for finalizing the merger.
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