Forum Merger IV Corporation (Nasdaq: FMIV) announced this morning that it has signed a non-binding letter of intent (LOI) to combine with a target in the online gaming industry.
Today’s press release stated that the unnamed target provides customers with an expansive portfolio of digital gaming products, bringing in $300 million in revenue for 2022.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Well-heeled NYC commuters looking to dodge traffic and reach their destination in style may soon have another option: taking to the sky in an electric air taxi.
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Mars Acquisition Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MARXU” Tuesday, February 14, 2023.
The new SPAC intends to focus on opportunities in automobiles, healthcare, financial technology, cyber security, cleantech, software, Internet and AI, specialty manufacturing and any other related technology innovations market.
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Medicus Sciences Acquisition Corp. (Nasdaq: MSAC) announced today its board has elected to dissolve and liquidate the company and will redeem all of the outstanding Class A ordinary shares at a per-share redemption price of approximately $10.18.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The investment firm of John Doerr, the billionaire chairman of Kleiner Perkins, will put $10 million into Complete Solaria, the solar company that’s merging with the blank-check vehicle started by Tidjane Thiam, a former CEO at Credit Suisse Group AG.
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Lidar-maker Ouster (NYSE: OUST) and autonomous vehicle technology company Velodyne Lidar (NASDAQ: VLDR) announced this morning that the two de-SPACs have successfully completed their merger.
The lidar duo initially announced their all-share merger transaction just a few months ago in November, taking a step up to further consolidation in the autonomous vehicle technology sector.
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Carney Technology Acquisition Corp. II (NASDAQ:CTAQ) announced today that it will be unable to complete a business combination and intends to dissolve and liquidate. Due
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FinServ Acquisition Corp. II (NASDAQ:FSRX) announced in an 8-K this afternoon that it has signed a non-redemption agreement with one or more unaffiliated third parties.
As part of the agreement, the parties have agreed to not redeem an aggregate of 400,000 shares of FSRX in connection with the SPAC’s upcoming meeting on February 20 to consider an extension.
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Aesther Healthcare Acquisition Corp. (NASDAQ:AEHA) announced this afternoon that it has entered into an amended $60 million OTC equity prepaid forward transaction with Vellar Opportunity Fund.
The backstop agreement comes a week after Aesther shareholders approved its combination with biotech firm Ocean Biomedical at a special meeting held on February 3, but the parties have not yet closed the deal. As
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Adara Acquisition Corp. (NYSE American: ADRA) announced this afternoon that it has closed its combination with physical media distributor Alliance.
Adara shareholders approved the combination on January 18, but submitted redemption requests to redeem approximately 99.043% of the SPAC’s trust, or 11.39 million shares of Class A common stock, out of the 11.5 million outstanding shares.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Southland Holdings, LLC announced today that a subsidiary in its Transportation segment, Johnson Bros.,
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Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced this morning that it has closed its combination with motion-capture technology company Movella.
The combined company will operate as “Movella Holdings Inc.”, and its common stock and warrants are expected to begin trading on the Nasdaq under the ticker symbol “MVLA” and “MVLAW”, respectively, on February 13.
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Bellevue Life Sciences Acquisition Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BLACU” Friday, February 10, 2023.
The new SPAC intends to acquire a target business in the healthcare industry, specifically in the biotechnology sector developing the next generation of biologics.
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Pono Capital Three, Inc. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PTHRU” Friday, February 10, 2023.
The new company intends to seek a target in the disruptive technology sector with a spotlight on companies in Asia with Japan in particular.
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Lazard Growth Acquisition Corp. I (Nasdaq: LGAC) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of February 22, 2023.
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Anzu Special Acquisition Corp. I (NASDAQ:ANZU) announced this morning that it adjourned today’s special meeting to extend its completion deadline and will now be held on February 21.
Anzu had previously filed to explain its redemption and excise tax procedure around the vote.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ocean Biomedical and Aesther Healthcare Acquisition Corp.
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Corner Growth Acquisition Corp. (NASDAQ: COOL) announced this morning that it has signed a letter of intent (LOI) to combine with cybersecurity solutions and services provider Noventiq (LSE: SFTL).
The London-based company enables and accelerates digital transformation for its customers’ businesses, connecting over 75,000 organizations from all sectors with hundreds of best-in-class IT vendors, alongside its own services and solutions.
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