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The Latest SPAC News and Rumors: July 24, 2023


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

Latest SPAC News: PlayUp pauses capital raise after business hit by regulator, Bridger Aerospace enters into definitive purchase agreement with Bighorn Airways, and True Velocity acquires Delta P


PlayUp pauses $10m capital raise after US business hit by regulator

PlayUp, the Australian fantasy sports betting outfit, has paused its $10 million capital raise until it can sell its business in the United States.

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Priveterra Acquisition Corp. (PMGM) Completes AEON Biopharma Deal

Priveterra Acquisition Corp. (Nasdaq: PMGM) announced this afternoon that it has completed its business combination with AEON Biopharma.

The news follows the SPAC’s eight consecutive adjournments of the completion vote. However, during this period, Priveterra managed to secure up to $105 million in new funding through a mix of facilities.

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The Latest SPAC News and Rumors: July 21, 2023


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

Latest SPAC News: DWAC settles SEC charges of fraud and Global Hydrogen Energy selected by Port of Brownsville as private development partner in $15M funding application


SPAC that plans to merge with Trump Media settles SEC charges of fraud

A special purpose acquisition firm that is set to merge with former U.S.

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The Latest Non-Redemption Agreements: July 20, 2023

Latest Non-Redemption Agreements: Portage Fintech


Portage Fintech Acquisition Corporation (PFTA) Adds Non-Redemption Agreement

On July 14, 2023, July 17, 2023, July 18, 2023 and July 19, 2023, Portage Fintech Acquisition Corporation (NASDAQ:PFTA) and its sponsor, PFTA I LP entered into non-redemption agreements with certain unaffiliated third parties in exchange for the Holder or Holders agreeing either not to request redemption in connection with the extension with respect to an aggregate of approximately 2 million Class A ordinary shares.

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The Latest SPAC News and Rumors: July 20, 2023


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

Latest SPAC News: SPEAR Investments I in advanced discussions to acquire QEV Technologies


Dutch SPAC in advanced talks to acquire electric vehicle group

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The Latest Non-Redemption Agreements: July 19, 2023

Latest Non-Redemption Agreements: KnightSwan


KnightSwan Acquisition Corporation (KNSW) Adds Non-Redemption Agreement

In connection with the special meeting called by the KnightSwan Acquisition Corp. (NYSE:KNSW) to approve an extension from July 25, 2023 to July 25, 2024, shareholders holding an aggregate of 18,355,353 of Class A ordinary shares exercised their right to redeem their shares.

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The Latest SPAC News and Rumors: July 19, 2023


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

Latest SPAC News: VinFast to start construction of US factory next week, LanzaTech partners with GAIL, and X-energy and Energy Northwest sign joint development agreement for modular reactor project


Vietnam EV maker VinFast to start construction of US factory next week

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The Latest Non-Redemption Agreements: July 18, 2023

Latest Non-Redemption Agreements: Deep Medicine


Deep Medicine Acquisition Corporation (DMAQ) Adds Non-Redemption Agreement

As previously disclosed, Deep Medicine Acquisition Corp. (NASDAQ:DMAQ) and its sponsor, Bright Vision Sponsor LLC, have entered into certain non-redemption agreements with certain unaffiliated third parties in connection with the special meeting on July 13.

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The Latest SPAC News and Rumors: July 18, 2023


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

Latest SPAC News: Truth Social’s head of engineering suddenly resigns, ZeroNox announces partnerships to bring Tuatara EVs to Europe, and WebCargo by Freightos enables digital interlining


Donald Trump’s Truth Social App in Turmoil as Chief Engineer Suddenly Resigns

As former President Donald Trump’s Truth Social experienced trouble in the past few months, the company’s head of engineering announced his resignation, which dealt a significant setback to the social media platform.

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