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Author: Marlena Haddad

latest-news

The Latest SPAC News and Rumors: June 8, 2023

Jun 8, 2023 Headline Post, INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: BlackSly and Momentus win contracts, Terran Orbital’s CAPSTONE completes primary mission, and Richard Branson puts himself and Virgin brand on trial

BlackSky and Momentus Win Contracts

Momentus (NASDAQ:MNTS) has won a contract with Apogeo Space to provide in-space transportation for the Italian company’s batch of nine Internet of Things (IoT) picosatellites.

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The Latest Non-Redemption Agreements: June 7, 2023

Jun 7, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements:  EVe Mobility and Swiftmerge

EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement

On June 7,  EVe Mobility Acquisition Corp. (NYSE:EVE) and the sponsor entered into further non-redemption agreements with additional unaffiliated third party investors pursuant to which the investors have, in connection with the Extension Meeting, agreed not to redeem their Class A Ordinary Shares. The

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latest-news

The Latest SPAC News and Rumors: June 7, 2023

Jun 7, 2023 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting 

SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products

SMX (NASDAQ:SMX) is pleased to announce that it is in the process of creating a new subsidiary, trueSilver, and has entered into a 120 day exclusive agreement with Sunshine Minting Inc.,

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The Latest SPAC News and Rumors: June 6, 2023

Jun 6, 2023 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Byju skips payment on dollar loan and HNR affirms intent to purchase equity interests of Pogo Resources

High-Flying Indian Startup Byju’s Skips Payment on Dollar Loan

One of India’s best-known startups has skipped payment on a dollar loan, escalating a conflict with lenders that underscores the company’s mounting distress.

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The Latest Non-Redemption Agreements: June 5, 2023

Jun 5, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Latest Non-Redemption Agreements:  EVe Mobility

EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement

On June 5, 2023, EVe Mobility Acquisition Corp. (NYSE:EVE) and the Sponsor entered into non-redemption agreements with unaffiliated third party investors, pursuant to which the Investors have, in connection with the Extension Meeting, agreed not to redeem, or to reverse and revoke any prior redemption election with respect to certain of their Class A Ordinary Shares.

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latest liquidations

Worldwide Webb (WWAC) Secures $5M PIPE for Aeries Technology Deal

Jun 5, 2023 Deal Announcements & Amendments, INTEL by Marlena Haddad

Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) announced this afternoon that it has secured a $5 million PIPE for its proposed merger with consultancy firm Aeries Technology.

While most PIPEs are priced at $10 per share, Worldwide Webb’s $5 million subscription agreement was executed at just $4.48 per share in a private placement to be completed concurrently with the consummation of the business combination.

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Power & Digital Infrastructure II (XPDB) to Combine with Montana Technologies in $500M Deal

Jun 5, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad
Power & Digital Infrastructure II (NASDAQ: XPDB) has entered into a definitive agreement to combine with water harvesting company Montana Technologies at a pro forma enterprise value of approximately $500 million. Ronan, Montana-based Montana Technologies manufactures a dual-chamber design intended for a water harvesting process to solve legacy thermal constraints. The parties expect to close the deal in
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latest-news

The Latest SPAC News and Rumors: June 5, 2023

Jun 5, 2023 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: Carbon Revolution to supply its carbon fiber wheels for 2024 Range Rover, and Vast Solar awards Worley key engineering contracts

Carbon Revolution to Supply its 23-inch Carbon Fiber Wheels for 2024 Range Rover Sport SV

Carbon Revolution Limited, a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels is pleased to announce that it will supply the carbon fiber wheels that are featured on the 2024 Range Rover Sport SV, revealed on May 31 by Jaguar Land Rover Automotive Plc (“JLR”).

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Hammerhead Energy Inc. (HHRS) Announces Results for Warrant Redemption Offer

Jun 5, 2023 Headline Post, INTEL by Marlena Haddad

Hammerhead Energy Inc. (NASDAQ: HHRS), which combined with Decarbonization Plus IV, has announced the results of its substantial issuer bid that expired at 5:00 p.m. ET on June 2.

Under the bid, HEI offered to purchase for cancellation up to 20 million of its warrants, representing approximately 70% of its total number of issued and outstanding warrants, to purchase Class A common shares at a purchase price of $1.00 per warrant.

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latest liquidations

The Latest Liquidations: June 2, 2023

Jun 2, 2023 INTEL by Marlena Haddad

Latest SPAC Liquidations: Sound Point I, Bullpen Parlay, and Zimmer Energy Transition

Sound Point Acquisition Corp I (SPCM) to Liquidate on June 4

Sound Point Acquisition Corp I, Ltd (NASDAQ: SPCM) announced today that it intends to liquidate and dissolve, effective as of June 4, 2023, and will redeem all of the outstanding Class A ordinary shares at an anticipated per-share redemption price of approximately $10.63.

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Athena Technology Acquisition Corp. II (ATEK) Postpones Extension Vote

Jun 2, 2023 De-SPAC Votes and Redemptions, Headline Post, INTEL by Marlena Haddad

Athena Technology Acquisition Corp. II (NYSE:ATEK) announced this afternoon that it is postponing its extension vote scheduled for June 12 until June 13.

Shareholders at the special meeting are to vote on a proposal to allow Athena Technology II to extend its transaction deadline on a monthly basis up to nine times from June 14, 2023, to March 14, 2024.

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Clover Leaf Capital Corp. (CLOE) to Combine with Kustom Entertainment in $222M Deal

Jun 2, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad
Clover Leaf Capital Corp. (NASDAQ: CLOE) has entered into a definitive agreement to combine with Digital Ally, Inc.’s (NASDAQ: DGLY) ticketing platform Kustom Entertainment at a pro forma equity value of approximately $222.2 million. Kansas City, Kansas-based Kustom Entertainment is a primary and secondary ticket platform that manages wholly-owned subsidiaries TicketSmarter and Kustom 440. Transaction Overview Clover
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The Latest SPAC News and Rumors: June 2, 2023

Jun 2, 2023 INTEL, SPACs in the News by Marlena Haddad

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

Latest SPAC News: UK SPAC Ashington Innovation announces it will IPO on London Stock Exchange and Cheche Technology releases new business intelligence platform

UK SPAC eyes £1.8m IPO in London

UK SPAC Ashington Innovation has announced today it will IPO on the main market of the London Stock Exchange.

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