Spring Valley Acquisition Corp. II priced its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SVIIU” Thursday, October 13, 2022.
The new SPAC intends to identify sustainable businesses positioned to benefit from macroeconomic and social trends impacting the economy.
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Future Health (NASDAQ:FHLT) disclosed in an 8-K this afternoon that it has mutually terminated its PIPE and forward purchase agreement (“FPA”) in connection with its business combination with medical technology company Excelera Health.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Delta Air Lines has made an upfront equity investment of $60 million in Santa Cruz, Calif.-based
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Lefteris Acquisition Corp. (NASDAQ:LFTR) announced this afternoon that due to its inability to complete a business combination, it intends to dissolve and liquidate its trust.
As of the close of business on October 24, the SPAC’s shares will be cancelled and the outstanding shares will be redeemed for shareholders at a per-share redemption price of approximately $10.06. The
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
LanzaTech NZ, Inc.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Sarissa Capital Acquisition Corp. (NASDAQ:SRSAU) announced this afternoon that it will not consummate a business combination and will instead liquidate its trust, effective as of October 31, 2022.
Following the closing of business, shareholders are to receive the pro rata trust amount of $10.05 per share within the next 10 days.
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Orion Acquisition Corp. (Nasdaq: OHPAU) filed a proxy this afternoon for a shareholder vote to liquidate early.
Orion’s current completion deadline isn’t until March 4, 2023, but today’s filing is asking shareholders to approve an amendment that would allow the Board to change the date to no later than December 30, 2022.
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Lux Health Tech Acquisition Corp. (NASDAQ:LUXA) announced this afternoon that it will not consummate a business combination and will instead dissolve and liquidate its trust, effective as of the close of business on October 29.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Polestar Automotive Holding (NASDAQ:PSNY) said supply issues that lingered after China’s Covid lockdowns earlier this year will weigh on results the electric-car maker is releasing next month, though it’s sticking with its full-year deliveries target.
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Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ) announced in a press release this afternoon that its shareholders approved its combination with energy storage firm Dragonfly Energy at a special meeting held earlier today.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
One of the most prominent Anglo-Russian executives in the metals industry is seeking to raise $125mn for a new mining venture through a London-listed special purpose acquisition company.
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Athena Consumer (NYSE:ACAQ) announced this afternoon that it has entered into a forward purchase agreement (FPA) to help secure its combination with EV-maker e.GO.
The FPA announcement comes days after Athena added $15 million in bridge financing to its deal with e.GO. Brucke
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Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ) announced this afternoon that it has received requests to redeem 79.4% of its shares ahead of its shareholder vote tomorrow for its combination with energy storage firm Dragonfly Energy.
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Goldenstone Acquisition Limited (NASDAQ:GDST) announced this afternoon that it has entered into a joint agreement to terminate its combination with blockchain-based payments company, Roxe.
Goldenstone’s 8-K kept the details to a minimum, but it did disclose that the termination was mutual.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Legions of followers betting on conservative social-media platforms have helped stocks like Rumble Inc.
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Tekkorp Digital Acquisition Corp. (NASDAQ:TEKKU) announced in a press release this afternoon that it will no longer pursue an extension for a business combination and will instead liquidate its trust.
Since TEKK’s $250 million IPO in October 2020, the SPAC’s management team has attempted to search for potential targets, but was unable to secure an opportunity that met its criteria.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
British defense firm QinetiQ is selling its Belgian commercial satellite systems division to Redwire, a U.S.-based
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Altitude Acquisition Corp. (NASDAQ:ALTU) announced this morning that it has entered into negotiations to combine with a global medical device manufacturer that would value the deal at $480 million.
The potential target remains unnamed, but Altitude did disclose that the company is a leader in the medical device field and has a product that is commercially available and approved for use in over 30 countries.
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