The Latest SPAC News and Rumors: July 13, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The Latest Non-Redemption Agreements: July 12, 2023
Latest Non-Redemption Agreements: Deep Medicine Acquisition Corp. and AP Acquisition Corp.
Deep Medicine Acquisition Corp. (DMAQ) Adds Non-Redemption Agreement
On July 11, 2023, Deep Medicine Acquisition Corp. (NASDAQ:DMAQ) and Bright Vision Sponsor LLC entered into certain non-redemption agreements with certain unaffiliated third parties in exchange for such third parties agreeing not to redeem certain shares of Class A common stock in connection with the special meeting to consider and approve an extension from July 29, 2023 to January 29, 2024.
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Alpha Healthcare Acquisition Corp. III (ALPA) Shareholders Approve Carmell Deal
Alpha Healthcare Acquisition Corp. III (NASDAQ:ALPA) announced this afternoon that its shareholders approved its combination with drug developer Carmell at a special meeting held on July 11.
At yesterday’s meeting, a total of at least 15,511,079 shares, or 78.46%, of ALPA’s issued and outstanding common stock were present either in person or by proxy, which constituted a quorum.
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The Latest SPAC News and Rumors: July 12, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Matterport to reduce workforce by 30% and reduce office space
Proptech Company Matterport To Cut 170 Jobs, Reduce Office Space
Matterport (NASDAQ:MTTR), a spatial data company headquartered in Silicon Valley, announced plans to reduce its workforce by 30%, or about 170 jobs, in a Securities and Exchange Commission filing Tuesday.
Bowen Acquisition Corp. (BOWN) Prices $60M IPO
Bowen Acquisition Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BOWNU” Wednesday, July 12, 2023.
The company intends to seek companies with strong and experienced management teams that will complement the operating and investment abilities of its own management team.
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The Latest Non-Redemption Agreements: July 11, 2023
Latest Non-Redemption Agreements: KnightSwan Acquisition Corp.
KnightSwan Acquisition Corp. (KNSW) Adds Non-Redemption Agreement
On July 10, KnightSwan Acquisition Corp. (NYSE:KNSW) and its sponsor entered into a non-redemption agreement with an unaffiliated third party.
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Bellevue Life Sciences Acquisition Corp. (BLAC) Signs Letter of Intent with OSR Holdings
Bellevue Life Sciences Acquisition Corp. (Nasdaq: BLAC) has signed a non-binding letter of intent (LOI) to combine with global healthcare holding company OSR Holdings, Ltd.
Seoul, South Korea-based OSR leverages its international network of partners in the US, Europe, and South Korea to develop and license its pipeline of innovative biomedical therapies based on proprietary platform technologies, with the ultimate goal of addressing unmet medical needs.
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The Latest SPAC News and Rumors: July 11, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Universal Entertainment execs blamed for failed SPAC merger, DWAC names Eric Swider as new CEO, and Ocean Biomedical’s vaccine candidate demonstrates broad potential to address malaria
Universal Entertainment Executives Blamed for Failed SPAC Merger
Executives at Japan’s Universal Entertainment Corp.
The Latest Non-Redemption Agreements: July 10, 2023
Latest Non-Redemption Agreements: Alpha Healthcare III
Alpha Healthcare Acquisition Corp. III (ALPA) Adds Non-Redemption Agreement
On July 9, Alpha Healthcare III (NASDAQ:ALPA) entered into a Non-Redemption Agreement with Meteora Select Trading Opportunities Master, LP pursuant to which the seller agreed not to exercise redemption rights under the charter with respect to an aggregate of 100,000 shares.
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Galata Acquisition Corp. (GLTA) Completes Marti Deal
Galata Acquisition Corp. (NASDAQ:GLTA) announced this afternoon that it has completed its business combination with e-mobility company Marti.
Shareholders gave their approval for the deal during a special meeting held on July 6, and the SPAC disclosed at that time that it anticipated on closing the deal today.
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New SPAC: Spark I Acquisition Corp. Files for $100M IPO
On Friday afternoon, Spark I Acquisition Corporation (NASDAQ: SPKL) submitted its S-1 filing for a $100 million IPO, marking the second SPAC to file in July, but is currently the 16th to file in 2023 thus far. SparkLabs Group Management, which is the sponsor of this SPAC, has a diverse investment portfolio encompassing over 450 companies.Read More
The Latest SPAC News and Rumors: July 10, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Starton Therapeutics to conduct Phase 1b trial in multiple Myeloma with a global Clinical Research Organization
Starton Therapeutics Contracts Global Clinical Research Organization to Conduct STAR-LLD Phase 1b Clinical Trial in Multiple Myeloma
Starton Therapeutics Inc.,
The Latest Liquidations: July 7, 2023
Latest SPAC Liquidations: Belong Acquisition Corp.
Belong Acquisition Corp. (BLNG) to Liquidate on July 27
Belong Acquisition Corp. (NASDAQ:BLNG) today announced that it intends to dissolve and liquidate, effective as of the close of business on July 27, and will redeem all of the outstanding shares of Class A common stock.
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The Latest SPAC News and Rumors: July 7, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Next.e.GO Mobile SE secures $75M financing, FC Barcelona plans to list its digital unit on Nasdaq via SPAC, and VinFast said to plan 3Q Nasdaq listing
Next.e.GO
The Latest Non-Redemption Agreements: July 6, 2023
Latest Non-Redemption Agreements: Andretti
Andretti Acquisition Corp. (WNNR) Adds Non-Redemption Agreement
On July 6, Andretti Sponsor, L.P., and Andretti Acquisition Corp. (NYSE: WNNR) entered into a non-redemption agreement with an unaffiliated third party.
Pursuant to the Non-Redemption Agreement, the Investor agreed not to redeem an aggregate of 350,000 Class A ordinary shares of the company.
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The Latest Liquidations: July 6, 2023
Latest SPAC Liquidations: Viscogliosi Brothers Acquisition Corp.
Viscogliosi Brothers Acquisition Corp. (VBOC) to Liquidate on July 11
The board of directors of Viscogliosi Brothers Acquisition Corp. (NASDAQ:VBOC) announced today that it has canceled the special meeting of stockholders scheduled to be held on July 3, and that it will be unable to consummate an initial business combination by July 11.
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DUET Acquisition Corp. (DUET) Signs LOI with Fenix 360
DUET Acquisition Corp. (NASDAQ:DUET) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with global social media company Fenix 360.
Singapore-based FENIX360 states that it is an artist centric, multi genre social media platform that has been created to help independent artists and creatives monetize their art much more lucratively.
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The Latest SPAC News and Rumors: July 6, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: ACG Acquisition receives Brazil antitrust approval for mine acquisition, and GEM to fund European Lithium’s development of Austrian mine
ACG Acquisition notes Brazil antitrust approval for mines acquisition
ACG Acquisition Co Ltd (LON: ACG) on Thursday said the Brazilian antitrust authority unconditionally approved its acquisition of mines in Brazil.
Tastemaker Acquisition Corp. (TMKR) Postpones Extension Vote
Tastemaker Acquisition Corp. (NASDAQ:TMKR) announced in an 8-K this afternoon that it has postponed its extension vote from July 7 to July 10.
As a result of the announcement, the SPAC will also extend its redemption deadline from July 5 until July 6.
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The Latest SPAC News and Rumors: July 5, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: DWAC reaches agreement with SEC, Joby set for record week after FAA approval, and Freightos launches new Airline Dashboard
Trump-tied SPAC reaches agreement with SEC staff over merger
A blank-check firm, which was set to merge with former U.S.