Author: Marlena Haddad

latest-news

The Latest SPAC News and Rumors: August 3, 2022

 


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

Latest SPAC News: Forbes explores sale months after terminating SPAC deal and Interra refiles for Hong Kong listing


Forbes explores sale, hires Citigroup as banker

Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the process, months after it pulled out of a deal to go public through a SPAC.

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Alpha Capital (ASPC) Shareholders Approve Semantix Deal

Alpha Capital (NASDAQ:ASPC) announced in a press release this afternoon that its shareholders have approved its combination with data software platform Semantix at a special meeting held earlier today.

The press release did not include redemption figures, but Alpha’s $93.6 million PIPE alone is sufficient to satisfy the deal’s $85 million minimum cash condition.

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The Latest SPAC News and Rumors: August 2, 2022

 


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

Latest SPAC News: Lidar maker Innoviz wins $4 billion Volkswagen contract


Israeli lidar maker Innoviz wins $4 billion Volkswagen contract for millions of sensors

Israeli lidar maker Innoviz (NASDAQ:INVZ) announced Tuesday it has won a contract to supply lidar units and related software for autonomous driving to a unit of Volkswagen, in a deal worth $4 billion in sales over eight years.

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Galata Acquisition Corp. (GLTA) to Combine with Marti in $532M Deal

Galata Acquisition Corp. (NYSE: GLTA) has entered into a definitive agreement to combine with Turkish mobility app Marti at an enterprise value of $532 million, or 4.2x 2023 fully deployed net revenue of $125 million. Istanbul, Turkey-based Marti operates a fleet of over 46,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure. The
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new-spac

New SPAC: Cetus Capital Acquisition Corp. Files for $60M IPO

Cetus Capital Acquisition Corp. (NASDAQ:CETSU) filed its S-1 Thursday morning for a $60 million IPO, marking the fourth SPAC to file for an IPO in July. Cetus has set its sights on acquiring a target business in the industrials, information technology and Internet-of-Things industries with a total enterprise value ranging from $200 million to $1 billion.
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The Latest SPAC News and Rumors: July 29, 2022

 


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

Latest SPAC News: Playtech no longer pursuing SPAC deal with Caliente and NewAmsterdam Pharma doses first patient in phase 3 trial


Playtech says no longer pursuing SPAC deal for unit of peer Caliente

UK gambling software provider Playtech said on Friday it had stopped pursuing talks with Caliente Interactive for the Mexican sports betting firm’s unit Caliplay to list publicly in the United States via a SPAC deal, citing weak capital market conditions.

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new-spac

New SPAC: PROTONIQ Acquisition Corp. Files for $100M IPO

PROTONIQ Acquisition Corp. (NASDAQ:PROQ) filed its S-1 yesterday afternoon for a $100 million IPO, marking the third SPAC to file for an IPO in July. The SPAC has chosen to set its sights on companies globally, with a particular focus on opportunities in the Asia-Pacific (APAC) region. This SPAC intends to concentrate its efforts on identifying
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The Latest SPAC News and Rumors: July 28, 2022

 


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

Latest SPAC News: Semantix highlights achievements in first half of 2022, DPCM announces quantum computing audio feature, and Harley-Davidson delivers second quarter results


Semantix Highlights Achievements in First Half of 2022

Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022.

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The Latest SPAC News and Rumors: July 27, 2022

 


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

Latest SPAC News: SomaLogic acquires DNA nanotech leader Palamedrix and Faraday Future delays launch of its electric vehicle


SomaLogic acquires DNA nanotechnology leader Palamedrix to develop the next-generation SomaScan Assay

SomaLogic (NASDAQ: SLGC), a leader in AI data-driven proteomics technology, today announced it entered into an agreement to acquire Palamedrix, Inc.,

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The Latest SPAC News and Rumors: July 26, 2022

 


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

Latest SPAC News: Ginkgo Bioworks to acquire Zymergen, Falcon’s Beyond partners with BRON Studios, and Jupiter Wellness announces repayment agreement with Benuvia


Ginkgo to Acquire Zymergen

Today, Ginkgo Bioworks (NYSE: DNA) — the leading horizontal platform for cell programming — and the biotechnology company Zymergen (Nasdaq: ZY) announced they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values Zymergen at an approximately $300 millionmarket capitalization.

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Ventoux CCM (VTAQ) Revises Presto Deal Terms

Ventoux CCM Acquisition Corp. (NASDAQ:VTAQ) announced this morning they have revised the deal terms in connection with its business combination with restaurant management software provider Presto. As a result of the revised merger terms, Presto now reflects a lower pre-money equity valuation of $525 million, down from $800 million. Notably, the PIPE has been amended with
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DHC Acquisition Corp. (DHCA) to Combine with GloriFi in $1.7B Deal

DHC Acquisition Corp.  (NASDAQ:DHCA) has entered into a definitive agreement to combine with financial services firm GloriFi at an enterprise value of $1.7 billion. Dallas,Texas-based GloriFi is developing a comprehensive suite of financial services including credit cards, digital banking products, insurance, mortgage, and brokerage services with perks and benefits linked to conservative causes. The combined
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