Author: Marlena Haddad

latest liquidations
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The Latest SPAC News and Rumors: January 6, 2023

 


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

Latest SPAC News: Boxed mulls potential sale, Thailand’s PTT relaunches discussions to buy ReNew Power’s solar assets, and ECARX and smart unveil immersive digital cockpit computing platform


E-tailer Boxed mulls potential sale

Strapped for financing, online bulk-products retailer Boxed Inc.

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FG Merger Corp. (FGMC) to Combine with iCoreConnect in $98M Deal

FG Merger Corp. (Nasdaq: FGMC) has entered into a definitive agreement to combine with healthcare workflow platform iCoreConnect at an enterprise value of $98 million. Ocoee, Florida-based iCore Connect is a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform of applications and services. The combined company
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latest liquidations
Teaser

Fortune Rise Acquisition Corp. (FRLA) Signs LOI with Water On Demand

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.

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latest-news

The Latest SPAC News and Rumors: January 5, 2023

 


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

Latest SPAC News: Newsight Imaging partners with First International Computer, D-Wave and Davidson Technologies enter multi-year reseller agreement, and Alliance Entertainment automates warehouse 


Newsight Imaging and First International Computer Announce Partnership for LiDAR solution for Automotive Safety

Newsight Imaging Ltd.

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latest liquidations

Mount Rainier Acquisition Corp. (RNER) Shareholders Approve HUB Cyber Security Deal

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

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proxy vote

Model Performance Acquisition Corp. (MPAC) Completes MultiMetaVerse Deal

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”. 

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Teaser
latest-news

The Latest SPAC News and Rumors: January 4, 2023

 


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

Latest SPAC News: Lenders to SPAC Cyxtera merger seek legal advice on debt, LanzaTech founder to take on advisory role, and SEC charges former SPAC CFO for orchestrating $5M fraud scheme


Lenders to 2021 SPAC Merger Cyxtera Seek Legal Advice on Debt

A group of lenders to struggling data-center firm Cyxtera Technologies Inc.

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Teaser

RMG Acquisition Corporation III (RMGC) Signs LOI with H2B2 Electrolysis Technologies

RMG Acquisition Corporation III (NASDAQ:RMGC) announced this morning that it has signed a letter of intent (LOI) to combine with hydrogen energy systems provider H2B2 Electrolysis Technologies.

The announcement comes just a few days before RMGC’s shareholder vote next Tuesday, January 10, to extend its timeline from February 9 to August 9.

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latest liquidations

The Latest Liquidations: January 3, 2023

Latest SPAC Liquidations: Deep Lake Capital Acquisition Corp.


Deep Lake Capital Acquisition Corp. (DLCA) to Liquidate January 13

Deep Lake Capital Acquisition Corp. (Nasdaq: DLCA) announced that it will liquidate and intends to redeem all of the outstanding Class A ordinary shares at a per-share redemption price of approximately $10.124.

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latest-news

The Latest SPAC News and Rumors: January 3, 2023

 


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

Latest SPAC News: Royalty Management expands investment in Ferrox Holdings to over 10% equity ownership and ZyVersa Therapeutics adds two leading nephrologists to its Renal Scientific Advisory Board


American Acquisition Opportunity’s Target, Royalty Management, Expands Investment in Ferrox Holdings to Over 10% Equity Ownership

American Acquisition Opportunity Inc.’s

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Nocturne Acquisition Corp. (MBTC) to Combine with Cognos Therapeutics in $120M Deal

Nocturne Acquisition Corp. (NASDAQ:MBTC) has entered into a definitive agreement to combine with medical technology company Cognos Therapeutics at an enterprise value of $120 million. Inglewood, California-based Cognos Therapeutics is a medical device company that develops diagnostic and drug delivery devices designed to detect diseases. The parties expect to close the deal in the second or third
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Dune Acquisition Corp. (DUNE) Settles Lawsuit for $5 Million

Dune Acquisition Corporation (NASDAQ: DUNE) announced in an 8-K this afternoon that it has settled its lawsuit with equities trading platform TradeZero and mutually terminated its combination agreement.

As a refresher, Dune launched a lawsuit against its combination partner TradeZero in April 2022 claiming that its target, “fraudulently induced” it into entering the merger and “materially breached” that agreement, causing “irreparable injury” to the SPAC.

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