TradeUP Global Corp. (NASDAQ:TUGC) announced this afternoon that its shareholders have voted to approve its combination with crypto-mining equipment maker SAITECH.
Holders of 4,311,707 of TUGC’s ordinary shares, representing approximately 73.9% of the shares outstanding, were present at today’s meeting.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hedge fund Kerrisdale Capital Management is betting against the shell company tied to Donald Trump, wagering that it will fail to get regulatory approval to merge with his media company and take it public.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Yotta Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YOTAU” Wednesday, April 20, 2022.
The new SPAC intends to focus on high technology, blockchain, software and hardware, e-commerce, social media, and other general business industries globally.
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BRC Inc. (NYSE:BRCC) announced this afternoon that it will be calling for a “redemption fair market value” for its previously announced redemption of outstanding warrants to determine the number of shares that will be issued on a cashless exercise.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Billionaire Francois Pinault and the other founders of a blank-check firm are buying music-streaming platform Deezer in a deal valued at more than $1 billion.
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Gesher I Acquisition Corporation (NASDAQ:GIAC) announced this morning that it has proactively received another $10 million backstop, just weeks after adding adding an initial $10 million backstop and tweaking its forward-purchase agreement (FPA).
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A new exchange-traded fund is on the way looking to tap the once red-hot SPAC market, even as investor enthusiasm for blank-check firms sputters and existing products stumble.
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Archimedes Tech SPAC Partners Co. (NASDAQ:ATSPT) has added $2 million to their PIPE for its combination with voice AI firm SoundHound, bringing the deal’s total PIPE proceeds to $113 million.
The SPAC entered into a subscription agreement with an accredited investor on April 9, to which the new subscriber agreed to purchase 200,000 shares of Class A Common Stock of Archimedes, at a purchase price of $10.00 per share.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
French music streaming service Deezer is nearing a deal to go public by merging with I2PO, a SPAC backed by the family behind luxury titan Kering SA, according to The Wall Street Journal, as consumer demand for music continues to grow.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hibiscus Petroleum Bhd.
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Aura FAT Projects Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AFARU” Wednesday, April 13, 2022.
The new SPAC intends to focus on new emerging technology companies with an acute growth potential in Southeast Asia and Australasia in sectors such as the Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming and other new financial technology and services sectors.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
OneDegree, a Hong Kong-based insurer of digital assets, has been approached by investment banks about going public through a blank-check company, its co-founder said.
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Concord Acquisition Corp.’s (NYSE:CND) crypto target, Circle, has received $400 million in funding with investments from BlackRock, Inc (NYSE:BLK), Fidelity Management and Research, Marshall Wace LLP and Fin Capital.
Although today’s investment is not directly associated with the business combination, Fidelity and Marshall Wace participated in the transaction’s original PIPE before it was cancelled and replaced with the current terms.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A Bill Ackman SPAC told a judge that proposed rules for the vehicles support its defense against a lawsuit alleging it is acting illegally as an investment company.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Dune Acquisition Corp.