Adit EdTech (NYSE:ADEX) announced this afternoon that it has made a handful of changes to its business combination agreement in connection to its proposed merger with bitcoin self-mining company Griid Infrastructure.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Gaming tycoon Kazuo Okada has vowed to fight for his interests in the multibillion-dollar Philippine casino that bears his name after his arrest in Manila this week opened a new chapter in the drawn-out dispute over the company.
...READ MORE
Innovative International (NASDAQ:IOAC) disclosed this morning that it has already secured a $10 million convertible promissory note just a week after announcing its combination with car sharing program Zoomcar.
The new capital comes from Ananda Small Business Trust, a Nevada Trust and an affiliate of Innovative’s Sponsor, and will be in exchange for a convertible promissory note issued by Zoomcar.
...READ MORE
LMF (NASDAQ:LMAO) announced in a press release this afternoon that its shareholders have approved its combination with clinical biotech firm SeaStar Medical at a special meeting held earlier today.
Holders of approximately 79% of LMAO’s issued and outstanding shares cast votes at today’s meeting.
...READ MORE
ION Acquisition Corp. 3 Ltd (NYSE: IACC) filed a proxy this afternoon to seek shareholder approval to liquidate early.
The SPAC’s board has determined that it is very unlikely that ION will be able to complete a business combination before its completion deadline of May 4, 2023.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Controversial rapper Kanye West, the prospective new owner of right-wing social media platform Parler, vowed Monday to break bread with Donald Trump by inviting the fellow billionaire onto his site, while shares of the company aiming to take Trump’s competing Truth Social app public cratered.
PWP Forward Acquisition Corp. I (NASDAQ: FRW) filed a proxy this afternoon to seek shareholder approval to liquidate early.
PWP Forward’s current completion deadline isn’t until March 12, 2023, but today’s filing is asking shareholders to approve an amendment that would allow the company to redeem all of its outstanding public shares and liquidate before December 31, 2022.
...READ MORE
Sanaby Health Acquisition Corp. I (NASDAQ: SANB) announced this afternoon that due to its inability to complete a business combination, it intends to dissolve and liquidate its trust, effective as of the close of business on October 19.
...READ MORE
LMF (NASDAQ:LMAO) announced this afternoon that it has entered into a prepaid forward agreement with Vellar Opportunity Fund a day before its vote to seek shareholder approval for its combination with clinical biotech firm SeaStar Medical.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Trump Media & Technology Group (TMTG), which owns the Truth Social platform, lost no time in firing Will Wilkerson after he shared with the Washington Post a whistleblower complaint he filed with the SEC in August.
...READ MORE
H.I.G. Acquisition Corp. (NYSE: HIGA) announced this afternoon that its board of directors has decided to redeem all of its outstanding shares.
The SPAC, which had a transaction deadline of October 23, was unable to complete a business combination and will now liquidate its trust, effective as of October 24.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Through the deal, PlayStudios (NASDAQ:MYPS) will add a number of popular casual games such as solitaire, sudoku and mahjong to its portfolio.
...READ MORE
Hudson Acquisition I Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HUDAU” Friday, October 14, 2022.
The new SPAC intends to identify a well-established target focused on fintech, consumer, medical, or advanced mobility technology.
...READ MORE
TenX Keane Acquisition priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TENKU” Friday, October 14, 2022.
The new SPAC intends to pursue a broad range of opportunities that have a strong and experienced management team.
...READ MORE
OceanTech Acquisitions I Corp. (NASDAQ:OTEC) announced this morning that it has mutually terminated its combination with drug developer Captura Biopharma.
The parties did not disclose any further details on the termination of the $224 million deal, which was originally announced just two months ago in August, but it is likely that current public market conditions played a role.
...READ MORE
Pine Island Acquisition Corp.(NYSE:PIPP) announced this afternoon that it intends to dissolve and liquidate its trust due to its inability to complete a business combination, effective as of the close of business on October 28.
...READ MORE
Hunt Companies Acquisition Corp. I (NYSE:HTAQ) announced this afternoon that due to its inability to complete a business combination, it intends to dissolve and liquidate its trust.
The last day that HTAQ’s securities will trade on the NYSE will be October 31.
...READ MORE
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.