FG Merger II Corp submitted its S-1 filing yesterday afternoon for a $75 million IPO. The new SPAC has set its sights on combining with an earlier-stage target business in the financial services industry in North America. Its primary focus will be on businesses demonstrating potential or historical long-term organic growth, growth through consolidation, and attractive competitive
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Concord Acquisition Corp III (NYSE:CNDB) has signed a non-binding letter of intent (LOI) to combine with a well-established semiconductor supplier.
The SPAC has not yet disclosed the name of the target, but mentioned that it has received non-binding LOIs from investors to provide financing in an amount sufficient to support the closing of the proposed merger.
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Abri SPAC I (NASDAQ:ASPA) announced that its shareholders approved its combination with adtech firm DLQ at a special meeting held on October 23.
The deal was overwhelmingly approved with all holders, representing 2,326,538 shares, voting in favor of the business combination with the exception of the holder of 1 share that abstained to vote.
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Forbion European Acquisition Corp. (NASDAQ:FRBN) announced that its shareholders approved its combination with biotech firm enGene at a special meeting held earlier today.
In connection with the meeting, FEAC’s public shareholders holding 10,379,144 Class A ordinary shares elected to redeem their shares.
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Learn CW Investment Corporation (NYSE:LCW) has entered into a definitive agreement to combine with enterprise growth engine Innventure an enterprise value of $385 million.
Orlando, Florida-based Innventure founds, funds, operates, and rapidly scales companies in strategic collaboration with Multinational Corporations.
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Quantum FinTech (NYSE:QFTA) announced this morning that it has waived the minimum cash condition ahead of its completion vote in connection to its proposed merger with AtlasClear.
Originally, the parties had set a minimum cash threshold of $40 million at the time of the deal announcement without a PIPE.
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Canna-Global Acquisition Corp. (NASDAQ:CNGL) announced this morning that it has received written notice of the termination of its business combination with its previous merger partner, New Quantum.
Although the specific reason for the separation was not disclosed by either side, the announcement coincides with the recent resignation of Marco Bardelli, who served as the Chair of the Canna-Global board’s Governance and Nomination Committee.
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VinFast Auto (NASDAQ:VFS), which completed its combination with Black Spade, announced this morning that it has secured a Standby Equity Purchase Agreement with Yorkville Advisors.
With a 36-month term, VinFast has the option to require Yorkville to subscribe up to $1 billion in ordinary shares at any time.
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Athena Consumer Acquisition Corp. (NASDAQ:ACAQ) announced this afternoon that it has completed its combination with German EV-maker e.GO.
The deal was originally approved by shareholders at a meeting on September 29, but at the time, Athena Consumer did not provide an exact timeline for the closing.
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Data Knights Acquisition Corp. (NASDAQ:DKDCA) announced that its shareholders approved its combination with medical image archiver OneMedNet at a special meeting held yesterday.
In connection with the meeting, stockholders holding 1,614,148 shares of Class A Common Stock exercised their right to redeem such shares for a pro-rata portion of the funds.
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Israel Acquisitions Corp. (NASDAQ:ISRL) has signed a non-binding letter of intent (LOI) to combine with Tel Aviv-based software development company Pomvom (TA:PMVM).
The clearly news comes at a sensitive time for both ends of the transaction as the war in Gaza grinds on and Tel Aviv braces for intermittent rocket attacks.
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ShoulderUp Technology Acquisition Corp. (NYSE: SUAC) has signed a non-binding letter of intent (LOI) to combine with eVTOL aircraft company Airspace Experience Technologies.
Founded in 2017, the Detroit-based company aims to offer the public, logistic companies, and first-response teams a cleaner, faster and more affordable transportation alternative.
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Twin Ridge Capital Acquisition Corp. (NYSE:TRCA) announced that its shareholders approved its combination with automotive wheel-maker Carbon Revolution (ASX:CBR) at a special meeting held yesterday.
Holders of 10,445,986 ordinary shares were present at yesterday’s meeting, representing approximately 90.09% of the voting power of Twin Ridge’s ordinary shares, and constituting a quorum.
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Perception Capital Corp. II (NASDAQ:PCCT) announced that its shareholders approved its combination with equipment manufacturer Spectaire at a special meeting held earlier today.
At the meeting, holders of 1,534,487 Class A ordinary shares and 5,750,000 Class B ordinary shares were present, representing 92.26% of the issued and outstanding shares.
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Bridgetown Holdings (NASDAQ:BTWN) announced this afternoon that it has completed its combination with fintech platform MoneyHero after shareholders approved the deal at a meeting held on October 10.
In connection with the business combination, holders of 5,452,739 shares of Bridgetown’s Class A ordinary shares exercised their right to redeem their shares at approximately $10.36 per share, for an aggregate redemption amount of $56,530,289.75.
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Bridgetown Holdings (NASDAQ:BTWN) announced that its shareholders approved its combination with fintech platform MoneyHero at a special meeting held yesterday.
At the meeting, a total of 23,490,959, or 78.387%, of Bridgetown’s issued and outstanding ordinary shares were present, constituting a quorum for the transaction of business.
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Metal Sky Star Acquisition Corp. (NASDAQ:MSSA) disclosed yesterday that it has mutually terminated its combination with blockchain company Future Dao Group Holding Limited.
While the two sides did not disclose a reason for the parting of ways, the announcement comes shortly before Metal Sky’s extension meeting, scheduled for October 30.
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