M3-Brigade Acquisition III Corp. (MBSC) Proposes Warrant Offer

M3-Brigade III (NYSE:MBSC) noted in a proxy filing today that it would be putting forward a proposal at an upcoming shareholder vote to amend the warrant agreement and buy back all outstanding warrants.

FG Merger Corp. (FGMC) Adds FPA to iCoreConnect Deal

FG Merger Corp. (NASDAQ:FGMC) announced in an 8-K this afternoon that it has signed a prepaid forward purchase agreement (FPA) with RiverNorth SPAC Arbitrage Fund in connection to its combination with iCoreConnect.

AlphaVest Acquisition Corp. (ATMV) to Combine with Wanshun

AlphaVest Acquisition Corp (NASDAQ: ATMV) has entered into a definitive agreement to combine with peer-to-peer ride-hailing marketplace Wanshun Technology Industrial Group Limited.

Shenzhen, China-based Wanshun engages primarily in a peer-to-peer marketplace for on-demand ride hailing services with around 5.8 million registered drivers.

Insight Acquisition Corp. (INAQ) Mutually Terminates Avila Energy Deal

Insight Acquisition Corp. (NASDAQ:INAQ) announced this afternoon that it has mutually terminated its combination with oil and gas producer Avila (CSE:VIK), effective immediately.

The parties noted that they have nixed the deal as a result of challenging conditions in the SPAC market.

Broad Capital Acquisition Corp. (BRAC) Re-Strikes Deal

Broad Capital Acquisition Corp. (NASDAQ:BRAC) announced this afternoon that it has entered into an amendment to its merger agreement to combine with fintech target Openmarkets.

On August 4, the parties amended the business combination agreement to decrease the number of purchase shares to be issued to the seller, BMYG OMG Pty Ltd, as consideration at closing from 9,000,000 to 7,000,000 due to an updated valuation of Openmarkets.

Holisto Terminates Deal with Moringa Acquisition Corp. (MACA)

Moringa Acquisition Corp. (NASDAQ:MACA) announced this afternoon that travel booking platform Holisto has terminated its business combination with the SPAC.

On August 7, Moringa received a notice from the Israeli travel company stating it will be terminating the deal pursuant to Section 7.1 of the business combination agreement, which allows the target or the SPAC to nix the deal if it is not completed by January 1, 2023. However,

Blue World Acquisition Corp. (BWAQ) to Combine with TOYO Solar

Blue World Acquisition Corporation (NASDAQ: BWAQ) has entered into a definitive agreement to combine with solar solution company Vietnam Sunergy Cell (“TOYO Solar”).

Tokyo, Japan-based TOYO is a solar module solutions provider focusing on solar photovoltaic products in Southeast Asia.