Mercato Partners Acquisition Corp. (NASDAQ: MPRA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with Nuvini S.A.
São Paulo, Brazil-based Nuvini acquires and manages a portfolio of high growth software-as-a-service companies.
...READ MORE
Berenson Acquisition Corporation I (NYSE:BACA) announced this afternoon that it adjourned today’s special meeting to extend its transaction deadline to 12 p.m. ET on February 7.
The SPAC currently has a completion deadline of March 30, but is seeking shareholder approval to extend it to September 30.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Michael Tiedemann turned his back on a Wall Street banking career two decades ago to build a wealth-management firm targeting the world’s super-rich.
...READ MORE
Priveterra Acquisition Corp. (NASDAQ:PMGM) and its biopharmaceutical target, AEON Biopharma, announced this morning that they have secured an additional $20 million in commitments from existing investors in connection to its business combination.
The SPAC brought about $276 million into the deal through its current trust but aside from today’s funding, it has not yet supplemented this with other committed sources of capital.
...READ MORE
Roth CH Acquisition IV Co.’s (NASDAQ:ROCG) target company, Tigo Energy, announced this afternoon that it has signed a definitive agreement with L1 Energy for $50 million of newly issued convertible notes.
The notes will bear a fixed annual interest rate of 5% with a maturity date of 36 months and may be converted at the option of the investor into shares of Tigo common stock or an equivalent equity created as a result of the company’s merger with ROCG.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Saxo Bank could give its external investors a new chance to cash in, including via an initial public offering, as early as this year, CEO Kim Fournais told Reuters, after plans to merge with Disruptive Capital AC, a blank-check company, collapsed last month.
...READ MORE
TZP Strategies Acquisition Corp. (NASDAQ:TZPS) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 23, 2023.
...READ MORE
IG Acquisition Corp. (NASDAQ:IGAC) announced in an 8-K this afternoon that it has terminated its business combination with mobile gaming platform PlayUp and will instead liquidate its trust.
The SPAC today disclosed that it provided written notice to PlayUp that it was terminating the business combination, effective immediately.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Strapped for financing, online bulk-products retailer Boxed Inc.
...READ MORE
DTRT Health Acquisition Corp. (NASDAQ:DTRT) announced in an 8-K this afternoon that it has received a notice of termination of its merger agreement from healthcare company Consumer Direct and will instead liquidate its trust.
...READ MORE
Fortune Rise Acquisition Corp. (NASDAQ: FRLA) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with water fintech startup, Water On Demand (WODI).
Today’s LOI comes just a week after Fortune Rise announced that its sponsor had entered into and closed a membership interest purchase and transfer agreement with the water fintech company pursuant to which WODI purchased 100% of the membership interest of the sponsor.
...READ MORE
DTRT Health Acquisition Corp. (NASDAQ:DTRT) announced in an 8-K this afternoon that it has received a notice of termination of its merger agreement from healthcare company Consumer Direct and will instead liquidate its trust.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Newsight Imaging Ltd.
...READ MORE
Rose Hill Acquisition Corp. (NASDAQ:ROSE) announced this morning that it is pushing out its shareholder vote, originally scheduled for today, to January 12 at 3:00 p.m. ET.
This means that the SPAC’s new redemption deadline will be 5 pm ET, January 10.
...READ MORE
Fortress Capital Acquisition Corp. (NYSE:FCAX) today announced that its board of directors has determined to redeem all of its outstanding, effective as of January 18, 2023.
...READ MORE
Mount Rainier Acquisition Corp. (NASDAQ:RNER) announced this afternoon that its shareholders approved its combination with confidential computing developer HUB Cyber Security Israel at a special meeting held earlier today.
The meeting was originally scheduled for December 30 before getting pushed to today to give shareholders additional time to consider reversing redemption requests. RNER’s
...READ MORE
Model Performance Acquisition Corp. (NASDAQ:MPAC) announced this afternoon that it has completed its business combination with MultiMetaVerse.
MultiMetaVerse Inc., an animation and entertainment company devoted to establishing an open community for its global users and to providing high-quality and immersive entertainment experiences is expected to begin trading tomorrow, January 5, on the Nasdaq Global Market under the ticker symbol “MMV”.
...READ MORE
Pontem Corporation (NYSE:PNTM) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with a target company.
The unnamed target, which has been in business for almost forty years, operates a multinational industrial technology business that serves diversified end markets.
...READ MORE