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The Latest SPAC News and Rumors: August 1, 2023


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

Latest SPAC News: Verde Clean Fuels announces agreement for renewable gasoline plant, Universal Entertainment accused of improper influence in Manila casino fight, and Integral 1 on the prowl again as $185M buyout falls over


Verde Clean Fuels Announces Carbon Capture Agreement for Renewable Gasoline Plant in California

Verde Clean Fuels  (Nasdaq: VGAS), a company focused on becoming the leading supplier of gasoline and other fuels derived from renewable feedstocks or natural gas, today announced a Carbon Dioxide Management Agreement (CDMA) between Verde and Carbon TerraVault JV HoldCo, LLC (“CTV JV”), a carbon management partnership focused on carbon capture and sequestration development formed between Carbon TerraVault, a subsidiary of California Resources Corporation (“CRC”) (NYSE: CRC), and Brookfield Renewable (NYSE: BEP).

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The Latest SPAC News and Rumors: July 31, 2023


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

Latest SPAC News: eToro agrees to $120M secondary share sale, Lotus cuts jobs, and ZeroNox announces multi-year partnership with NIO 333 Racing Formula E Team


Israel’s eToro agrees to $120 mln secondary share sale

Israeli digital brokerage eToro has agreed to a $120 million secondary share sale, a source familiar with the matter told Reuters on Monday, more than a year after it scrapped its plans to go public through a merger with FinTech Acquisition Corp.

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The Latest Non-Redemption Agreements: July 28, 2023

Latest Non-Redemption Agreements: Roth CH V


Roth CH Acquisition V Co. (ROCL) Amends Non-Redemption Agreement

As previously reported, on May 3 and 4, Roth CH Acquisition V Co., (NASDAQ:ROCL), entered into non-redemption agreements with certain stockholders owning, in the aggregate, 2,000,000 shares of common stock, pursuant to which such stockholders agreed not to redeem or exercise any right to redeem such public shares in connection with the vote to extend the company’s completion deadline.

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Compute Health Acquisition Corp. (CPUH) Shareholders Approve Allurion Deal

Compute Health (NYSE:CPUH) announced this afternoon that its shareholders approved its combination with weight-loss medtech firm Allurion at a special meeting held earlier today.

Approximately 99.8% of the votes cast on the business combination proposals by holders of Compute Health’s common stock, representing approximately 87.7% of the company’s outstanding common stock, voted to approve the deal, including approximately 58.2% of the outstanding shares of Class A common stock.

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Genesis Unicorn Capital Corp. (GENQ) Shareholders Approve ESGL Deal

Genesis Unicorn Capital Corp. (NASDAQ: GENQ) announced this afternoon that its shareholders approved its combination with sustainable waste solutions provider ESGL Holdings at a special meeting held earlier today.

At the meeting, a total of 6,542,842 shares of common stock were present, representing approximately 81.54% of the issued and outstanding shares of common stock.

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The Latest Non-Redemption Agreements: July 26, 2023

Latest Non-Redemption Agreements: Project Energy Reimagined and Clean Earth


Project Energy Reimagined Acquisition Corporation (PEGR) Adds Non-Redemption Agreement

On July 25, Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) entered into one or more agreements with one or more unaffiliated third parties in exchange for them each agreeing not to redeem an aggregate of 760,000 Class A ordinary shares, in connection with the extraordinary general meeting of shareholders to be held on August 1 to extend the completion deadline from August 2, 2023 to May 2, 2024.

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TLG Acquisition One Corp. (TLGA) Shareholders Approve Electriq Power Deal

TLG Acquisition One Corp. (NYSE: TLGA) announced this afternoon that its shareholders approved its combination with energy storage provider Electriq Power at a special meeting held earlier today.

The approval of the deal received overwhelming support, with over 98% of the votes cast at the meeting being in favor of the transaction.

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The Latest SPAC News and Rumors: July 25, 2023


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

Latest SPAC News: FaZe Clan partners with McDonalds, American Battery Materials acquires substantial mining claims, and Inspirato announces second round of job cuts


FaZe Clan Explores Acquisition Offers and Partners with McDonalds in Pursuit of Growth and Innovation in Esports and Gaming

On July 24, 2023, it has been reported that FaZe Clan (NASDAQ:FAZE), a prominent esports and gaming content organization headquartered in Los Angeles, is currently assessing acquisition proposals from Gamesquare and Enthusiast Gaming.

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