Author: Marlena Haddad

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The Latest SPAC News and Rumors: April 24, 2023


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

Latest SPAC News: Global IPO market shows signs of life even as recession fears persist, and BuzzFeed to layoff 15% of employees


IPO Market Shows Signs of Life Even as Recession Fears Persist

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia.

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IPO-Pricing

Ares Acquisition Corporation II (AACT) Prices Upsized $450M IPO


Ares Acquisition Corporation II priced its upsized $450 million IPO and its units are expected to begin trading on the NYSE under the symbol “AACT.U” Friday, April 21, 2023.

The SPAC intends to focus its search on an established target in North America, Europe or Asia that has a differentiated and sustainable business model with a defensible market position and a strong management team.

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The Latest SPAC News and Rumors: April 20, 2023


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

Latest SPAC News: SeatGeek files to go public, Elenium eyes $185M deal with Integral 1, and Hong Kong SPAC pioneer calls for looser rules to revive market


SeatGeek Reportedly Files to Go Public After Failed SPAC Merger

Ticketing company SeatGeek filed confidentially with regulators earlier this month to go public, according to a new report from The Information.

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The Latest SPAC News and Rumors: April 19, 2023


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

Latest SPAC News: Cilo Cybin wins Malaysian backer in new listing bid, Spectral MD receives $4M grant from Medical Technology Enterprise Consortium and Lifezone Metals launches off-take marketing process 


South African Cannabis Firm Wins Malaysian Backer in New Listing Bid

Five months after pulling a planned initial public offering South African medical cannabis company Cilo Cybin Holdings Ltd.

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agreement

The Latest Non-Redemption Agreements: April 18, 2023

Latest Non-Redemption Agreements: Apollo Strategic Growth Capital II


Apollo Strategic Growth Capital II (APGB) Adds Non-Redemption Agreement

On April 17, Apollo Strategic Growth Capital II (NYSE:APGB) and its sponsor entered into an agreement with an unaffiliated third party in exchange for such third party agreeing not to redeem an aggregate of 650,413 Class A ordinary shares.

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