Author: Marlena Haddad

NorthView Acquisition Corp. (NVAC) to Combine with Profusa in $416M Deal

NorthView Acquisition Corp. (NASDAQ:NVAC) has entered into a definitive agreement to combine with digital health company Profusa at a pro forma equity valuation of $416 million.

Emeryville, California-based Profusa has developed a wearable medical device that can track oxygen and glucose levels with the potential to monitor a wider range of ailments.

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East Stone Acquisition Corp. (ESSC) Adjourns Vote for ICONIQ Deal

East Stone (NASDAQ:ESSC) announced this morning that yesterday’s special meeting to approve its combination with EV-maker ICONIQ has been adjourned to today, November 8, at 3:00 p.m.

The SPAC did not disclose why the meeting was adjourned, but as of the redemption deadline on November 3, East Stone had received requests to redeem a total of 3,111,717 ordinary shares.

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The Latest SPAC News and Rumors: November 7, 2022

 


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

Latest SPAC News: Ouster and Velodyne agree to merger, DWAC gains as investors leap at presidential bid, and Polestar gets $1.6B boost from Volvo


Ouster and Velodyne agree to merger, signaling consolidation in lidar industry

Ouster (NYSE:OUST) and Velodyne (NASDAQ:VLDR), two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday.

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The Latest SPAC News and Rumors: November 4, 2022

 


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

Latest SPAC News: Helios in talks to merge with Onyx, Alec Gores plans to shut down trio of SPACs early, and Nikola says electric-truck deliveries to fall short of plans


Citadel Alum’s SPAC Is in Talks to Merge With Helios Assets

Africa-focused private equity firm Helios Investment Partners is in talks to merge two of its portfolio companies with blank-check firm Onyx Acquisition Co.

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The Latest SPAC News and Rumors: November 3, 2022

 


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

Latest SPAC News: DWAC delays meeting, Opendoor Technologies lays off 18% of workforce, and Bakkt to acquire Apex Crypto


Trump Media-Tied SPAC Still Can’t Get the Votes, Delays Meeting

The SPAC taking Donald Trump’s media venture public is running into a roadblock: Its own investors.

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Model Performance (MPAC) Adds $12M PIPE to MultiMetaVerse Deal

Model Performance (NASDAQ:MPAC) announced this morning that it has added a $12 million PIPE to its combination with MultiMetaVerse, bringing the total PIPE to $22 million.

The recent subscription agreement comes from Prominence Investment Management Ltd pursuant to which the investor has agreed to purchase an aggregate of 1,200,000 Class A Ordinary Shares of MPAC at a price per share of $10.

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The Latest SPAC News and Rumors: November 2, 2022

 


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

Latest SPAC News: Bitcoin Depot announces acquisition of majority interest in Bitaccess, Lockheed Martin increases its bet on Terran Orbital with $100M investment, and ProSomnus announces FDA clearance 


Bitcoin Depot Announces Acquisition of Majority Interest in Bitaccess, a Leading Bitcoin ATM Software Provider

Lux Vending, LLC dba Bitcoin Depot, a U.S.-based

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The Latest SPAC News and Rumors: November 1, 2022

 


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

Latest SPAC News: Circle’s SPAC partner looks to delay merger until 2023, and Intuitive Machines opens Houston’s first engine verification facility 


Circle’s SPAC Partner Looks to Delay $9 Billion Acquisition of Stablecoin Issuer Until 2023

Concord Acquisition Group (NYSE:CND) is planning to delay its already-postponed purchase of Circle Internet Financial, primary issuer of the USD Coin cryptocurrency, until the end of January, a filing with the Securities and Exchange Commission indicated.

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The Latest SPAC News and Rumors: October 31, 2022

 


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

Latest SPAC News: Brad Pitt’s Plan B in talks to sell stake to Mediawan, BuzzFeed allowed to block worker arbitration claims over IPO snafu, and Bright Machines raises $100M after pulling SPAC deal


Brad Pitt’s Plan B Is Said in Deal Talks With France’s Mediawan

Actor Brad Pitt’s Plan B Entertainment, the production company behind films like Moonlight and The Big Short, is in talks to sell a significant stake to French media conglomerate Mediawan, according to people with knowledge of the matter.

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Phoenix Biotech (PBAX) to Combine with Intrinsic Medicine in $207M Deal

Phoenix Biotech Acquisition Corp. (NASDAQ:PBAX) has entered into a definitive agreement to combine with preclinical-stage therapeutics company Intrinsic Medicine, Inc. at an enterprise value of $207.3 million. The Seattle, Washington-based company is a preclinical-stage therapeutics firm leveraging synthetic biology-manufactured human milk oligosaccharides (HMOs) to help treat gut-brain axis disorders (GBA). The combined company is expected
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The Latest SPAC News and Rumors: October 28, 2022

 


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

Latest SPAC News: Palihapitiya blames the Fed for market conditions, Johannesburg Stock Exchange changes listing rules, and Zukin Certification Services partners with Banyan Risk to offer SPAC D&O insurance


Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him

Billionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve allowed to persist for years created the “perverted” market conditions he benefited from at the height of the Covid pandemic.

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The Latest SPAC News and Rumors: October 27, 2022

 


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

Latest SPAC News: FlyExclusive expands partnership with SmartSky, and Graphjet announces agreement with Quantum Science


FlyExclusive, SmartSky Expands Wi-Fi Partnership Ahead of IPO

After announcing last week that it would become a publicly traded company through a $600 million special purpose acquisition company merger, flyExclusive also shared that it was planning to purchase as many as 14 Cessna Citations from Textron Aviation.

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Bull Horn Holdings (BHSE) Shareholders Approve Coeptis Therapeutics Deal

Bull Horn Holdings Corp. (NASDAQ:BHSE) disclosed this afternoon that its shareholders have approved its combination with biopharmaceutical company Coeptis (OTC:COEP) in a special meeting held earlier today.

A total of 2,869,654 ordinary shares, or approximately 88.5% of Bull Horn’s outstanding public shares, were redeemed at today’s meeting.

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