Author: Marlena Haddad

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The Latest SPAC News and Rumors: February 18, 2022


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

Latest SPAC News:  Chamath Palihapitiya steps down from Virgin Galactic, speculative investors drive 700% spike in former SPACs with low floats, and Bakkt slides 19%

Virgin Galactic Chairman Chamath Palihapitiya Steps Down From Board

Serial dealmaker Chamath Palihapitiya stepped down as chairman of Virgin Galactic Holdings Inc.

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PowerUp Acquisition Corp. (PWUPU) Prices $250M IPO

Feb 17, 2022 IPOs by Marlena Haddad

PowerUp Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PWUPU” Friday, February 18.

The new SPAC intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure, with a particular focus on video gaming, gaming adjacent, and new metaverse video gaming businesses.

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latest-news

The Latest SPAC News and Rumors: February 15, 2022


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

Latest SPAC News:  Rezolve names former Adobe marketing head to be CEO of India Operations, and Trump teases first post on TRUTH Social

Rezolve Names Former Adobe Marketing Head Sunder Madakshira CEO of India Operations

Rezolve, a leader in mobile commerce and engagement, today named Sunder Madakshira, the former head of marketing at Adobe, as the company’s chief executive officer in India.

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Roth CH Acquisition III Co. (ROCR) Shareholders Approve QualTek Deal

Roth CH Acquisition III Co. (NASDAQ:ROCR) announced that its shareholders have approved its combination with telecom services QualTek in a special meeting held yesterday. The SPAC did not disclose redemption amounts, but ROCR traded below its trust value of $10 throughout its redemption deadline February 10. The parties have closed the deal and QualTek’s common
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latest-news

The Latest SPAC News and Rumors: February 15, 2022


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

Latest SPAC News:  Joby teams up with ANA to bring flying taxis to Japan, Rigetti partners with Nasdaq to pursue quantum advantage, and Nauticus Robotics announces defense innovation award

Joby Teams Up With ANA to Bring Flying Taxis to Japan

Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc.

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IPO-Pricing

Software Acquisition Group III (SWAG) to Combine with Nogin, Inc.

Software Acquisition Group Inc. III (NASDAQ:SWAG) has entered into a definitive agreement to combine with Commerce-as-a-Service technology provider Nogin at an enterprise value of $646 million, or 6.0x its 2022E revenue. Tustin, California-based Nogin delivers Commerce as a Service to leading brands in the fashion, CPG, beauty, health, and wellness industries, specifically to help global
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SPK Acquisition Corp. (SPK) to Combine with Varian Bio in $116M Deal

SPK (NASDAQ:SPK) has entered into a definitive combination agreement with oncology company Varian Biopharmaceuticals at an equity value of $116 million. Westport, Connecticut-based Varian Bio is developing novel therapeutics for the treatment of cancer with therapies designed to fight specific tumor types. The combined company is expected to trade on the Nasdaq under the symbol
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The Latest SPAC News and Rumors: February 11, 2022


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

Latest SPAC News:  Maritime Launch Services in merger talks with Ceres SPAC, Getty Images renews multi-year video partnership with AFP, and Bowlero sees surge in revenue

Rocket Launch Firm Maritime Said in Merger Talks With Ceres SPAC

Maritime Launch Services Ltd.,

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Signal Hill Acquisition Corp. (SGHLU) Prices $100M IPO

Feb 11, 2022 IPOs by Marlena Haddad
Signal Hill Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SGHLU” Friday, February 11. The new SPAC intends to focus on direct-to-consumer media, technology, and emerging digital enterprise-focused businesses. Signal Hill is led by CEO Jonathon Bond, CFO, President,
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