North Atlantic Acquisition Corporation (Nasdaq: NAAC), announced today that it has canceled its annual general meeting of shareholders that was previously scheduled for 4:00 PM Eastern time on January 25, 2023, and its Board of Directors has elected to dissolve and liquidate the company.
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BlueRiver Acquisition Corp. (NYSE:BLUA) announced in an 8-K filing this afternoon that it has entered into a non-redemption agreement with one or more unaffiliated third parties after signing a non-binding letter of intent (LOI) yesterday.
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Acri Capital Acquisition Corp. (NASDAQ:ACAC) announced this afternoon that, upon approval of its board, it has postponed its extension vote from January 26 to February 8.
The company is hoping to amend the amount of the monthly deposit required for the trust account from $0.0333 for each public share to $0.0625 for each public share for up to nine times.
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Pathfinder Acquisition Corp. (NASDAQ:PFDR) announced that it has postponed its extension vote from Wednesday, February 1 to Friday, February 17.
At the special meeting, Pathfinder is hoping to gain shareholder approval to extend its completion deadline from February 19 to May 19 and to further extend it by another month, for a total of four months, until June 19.
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Health Sciences 2 (NASDAQ:HSAQ) announced in an 8-K that its shareholders approved its combination with Orchestra BioMed at a special meeting yesterday.
The filing did not include redemption figures, but noted that about 87.2% of the SPAC’s outstanding shares participated in the vote, and all nine proposals were approved.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Stablecoin company Circle says the SEC is to blame for its failure to go public.
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Rockley Photonics Holdings Limited (NYSE:RKLY) today announced that the company has filed for Chapter 11 bankruptcy, less than two years after completing a merger with SC Health Corp.
The smart materials-maker filed motions with the bankruptcy court to seek authorization to continue to operate its business as a “debtor in possession” under the jurisdiction of the court.
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Decarbonization Plus IV (NASDAQ:DCRD) announced in an 8-K this morning that its shareholders approved its combination with energy company Hammerhead Resources at a special meeting on January 23.
The filing did not include redemption figures or a closing timeline, but noted that about 78.3% of the SPACs outstanding shares participated, and all measures passed by wide margins.
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Foxwayne Enterprise Acquisition Corp. (NASDAQ:FOXW) has determined to liquidate its trust due to its inability to complete a business combination.
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Seaport Global Acquisition II Corp. (NASDAQ:SGII) announced in an 8-K filing this afternoon that it has signed one or more non-redemption agreements with third-party investors holding an aggregate of 200,000 shares of common stock.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
TKB Critical Technologies 1 (NASDAQ:USCT) announced that it has postponed its extension vote to Friday, January 27 at 4:00 p.m. ET.
The special meeting, originally scheduled for yesterday, is being held to vote on an amendment to extend TKB’s completion deadline from January 29 to June 29.
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Priveterra Acquisition Corp. (NASDAQ:PMGM) announced that it has pushed its extension vote back until Monday, February 6.
The special meeting, which was originally scheduled for Tuesday, January 24, is being postponed so that PMGM will have additional time to engage with its shareholders.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Quantum computing company IonQ (NYSE:IONQ) is opening a new manufacturing facility in Bothell, dubbing the Seattle area its North American production headquarters on its quest to develop a new kind of computer.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
FoxWayne Acquisition Corporation (NASDAQ: FOXW) announced in an 8-K this afternoon that it has mutually terminated its combination agreement with dating app developer Clover.
Although the SPAC did not disclose why the parties nixed the deal, the termination comes just a day after the company held its extension vote.
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Digital Health (NASDAQ:DHAC) announced this afternoon that it has entered into a backstop agreement in connection to its proposed merger with telehealth software firm VSee and digital healthcare provider iDoc.
Under the agreement, the sponsor is committed to purchase any and all additional PIPE shares and accompanying warrants that remain unpurchased by the PIPE investors in the additional PIPE offering at the same purchase price and on the same terms and conditions of the backstop commitment.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ashley Johnson, chief financial officer for Planet Labs PBC (NYSE: PL), said the satellite-imaging company made the right call to go public by combining with a special-purpose acquisition company—better known as a SPAC.
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Thrive Acquisition Corporation (NASDAQ: THAC) announced today that it intends to liquidate and dissolve, effective as of the close of business on January 25, 2023, and will redeem all of the outstanding Class A ordinary shares at an anticipated per-share redemption price of approximately $10.36.
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OCA Acquisition Corp. (NASDAQ:OCAX) announced this afternoon that it adjourned today’s special meeting until tomorrow, January 19, at 9:00 a.m. E.T.
Today’s meeting was being held to vote on an amendment to extend OCAX’s completion deadline.
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