Pontem Corporation (NYSE: PNTM) today announced that it will redeem all of its outstanding Class A ordinary shares, effective on or about the close of business on May 30.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Shares of Vingroup JSC jumped after announcing its electric vehicle maker unit will list in the US by merging with a blank-check company at an equity value of about $23 billion.
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TH International Limited (“Tims China”) (NASDAQ: THCH), the coffee shop chain that combined with Silver Crest, announced this afternoon that it has launched an offer to exchange all outstanding warrants for 0.24 Class A shares each.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The Board of the International Organization of Securities Commissions (IOSCO), has published a final report on Special Purpose Acquisition Companies (SPACs), which aims to help its members review or improve their approach to these companies.
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Post Holdings Partnering Corporation (NYSE: PSPC) today announced that its board of directors has decided to redeem all of its outstanding shares of Series A common stock, with such redemption anticipated to be effective as of May 30.
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On May 10, 2023, Chain Bridge I (NASDAQ:CBRG), Chain Bridge Group, the sponsor of the Company, and CB Co-Investment LLC entered into non-redemption agreements with one or more unaffiliated third party or parties in exchange for each such third party or third parties agreeing not to redeem 400,000 ordinary shares.
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Metals Acquisition Corp. (NYSE:MTAL) has continued to add to the committed financing for its combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this afternoon that it has executed $26 million in PIPE agreements.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in the city, people familiar with the matter said, in what would be the second such deal in the Middle East.
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Jackson Acquisition Company (NYSE: RJAC.U) today announced that it will redeem all of the outstanding shares of Class A common stock, effective as of the close of business on June 13, 2023.
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NaturalShrimp Incorporated (OTCQB:SHMP), which entered into a definitive agreement with Yotta Acquisition Corp. (NASDAQ:YOTA) in October 2022, filed an 8-K today announcing that it has entered into an equity financing agreement, a registration rights agreement, and a purchase agreement with GHS Investments.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Serial dealmaker Martin E.
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Biote (NASDAQ: BTMD), the hormone-optimization medical practice builder that combined with Haymaker III in May 2022, announced this afternoon that it has launched an offer to exchange all outstanding warrants for 0.23 Class A shares each.
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On May 8, LAMF Global Ventures Corp. I (NASDAQ:LGVC) and the Sponsor entered into further non-redemption agreements with additional unaffiliated third-party investors pursuant to which the Additional Investors have, in connection with the Extension Meeting, agreed not to redeem, or to reverse and revoke any prior redemption election with respect to 1,588,000 Non-Redeemed Shares.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
On May 7, 2023, the board of directors of Progress Acquisition Corporation (NASDAQ:PGRW) determined that it intends to dissolve and liquidate and will redeem all of the outstanding shares of Class A common stock at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the Company’s trust account divided by the number of then outstanding Public Shares.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Allrites Holdings Pte, a Singaporean film and television content rights marketplace, has agreed to go public through a merger with US-listed blank check firm Aura FAT Projects Acquisition Corp.
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On May 5, Maquia Capital Acquisition Corporation (NASDAQ:MAQC) and Maquia Investments North America, LLC entered into a non-redemption agreement with one or more unaffiliated third party or parties in exchange for such third party or third parties agreeing not to redeem an aggregate of 247,883 shares of Class A common stock.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Alchemy Investments Acquisition Corp 1 priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ALCYU” Friday, May 5, 2023.
The SPAC intends to acquire a deep technology company with a focus on data analytics.
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