Author: Marlena Haddad

IPO-Pricing
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The Latest SPAC News and Rumors: February 3, 2022


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

Latest SPAC News:  Co-founders of Electric Last Mile Solutions resign, and Bakkt provides preliminary financial results for 4Q21

Co-Founders of Embattled EV SPAC Exit After Bumpy Last Mile 

The co-founders of Electric Last Mile Solutions Inc.

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IPO-Pricing

Murphy Canyon Acquisition Corp. (MURFU) Prices $115M IPO


Murphy Canyon Acquisition Corp. announced the pricing of its $115 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MURFU” Thursday, February 3.

The new SPAC intends to focus its search on businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space.

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Edoc Acquisition Corp. (ADOC) to Combine with Calidi Biotherapeutics, Inc. in $449M Deal

Edoc (Nasdaq:ADOC) has entered into a definitive agreement to combine with biotechnology firm Calidi Biotherapeutics, Inc. at an enterprise value of $449 million. La Jolla, California-Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology that delivers oncolytic viruses for targeted therapy against difficult-to-treat cancers. The combined company is expected to trade on the Nasdaq
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latest-news

The Latest SPAC News and Rumors: February 2, 2022


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

Latest SPAC News: Voltus lines up bitcoin mine to provide capacity to PJM, Azerion NV lists in Amsterdam at $1.2B market cap, and Embraer’s subsidiary Eve expects 25% gross profit margin

Voltus Lines Up 100-Megawatt Bitcoin Mine to Provide Capacity to PJM Grid

Voltus Inc.,

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Alset Capital Acquisition Corp. (ACAXU) Prices $75M IPO

Jan 31, 2022 IPOs by Marlena Haddad

Alset Capital Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ACAXU” Tuesday, February 1.

The new SPAC intends to focus its search on businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space.

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Ivanhoe Capital (IVAN) Announces Preliminary Shareholder Approval

Ivanhoe Capital (NYSE:IVAN) announced this afternoon that it expects to receive shareholder approval at its special meeting set to vote on its combination with EV battery-maker SES tomorrow.

This vote will not be final until after the meeting concludes tomorrow, but considering the good results in a very challenging market environment, a press release of this nature is certainly welcome.

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OTR Acquisition Corp. (OTRA) to Combine with Comera Life Sciences in $151M Deal

OTR (NASDAQ:OTRA) has entered into a definitive agreement to combine with biotech firm Comera Life Sciences at an enterprise value of $151.3 million. The Woburn, Massachusetts-based company utilizes formulation science and technology to transform essential biologic medicine from IV to subcutaneous forms. The combined company is expected to trade on the Nasdaq once the deal
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The Latest SPAC News and Rumors: January 31, 2022


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

Latest SPAC News: Byju in negotiations with at least three SPACs, MSP Recovery’s LifeWallet announces new data, and Hiro Metaverse SPAC plans London IPO

Byju’s Aim for SPAC Merger Agreement Within a Month

India’s most valuable startup, the online education provider Byju’s, is in negotiations with at least three SPACs and is aiming to unveil plans to go public via a merger with one of them in three to four weeks, according to people familiar with the matter.

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The Latest SPAC News and Rumors: January 28, 2022


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

Latest SPAC News: Rigetti Computing selected to deliver technology for DARPA program, and ENVI announces quorum to pass GreenLight deal

Rigetti Computing Selected to Deliver Technology for Phase 2 of DARPA ONISQ Program

Rigetti Computing, a pioneer in hybrid quantum-classical computing systems, announced today it has been selected to deliver hardware, software and benchmarks for phase two of a DARPA (Defense Advanced Research Projects Agency) program to develop quantum computers capable of solving complex optimization problems.

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Abri SPAC I, Inc. (ASPA) to Combine with Apifiny in $530M Deal

Abri SPAC I, Inc. (NASDAQ:ASPA) has entered into a definitive combination agreement with blockchain technology company Apifiny Group at an enterprise value of $530 million. New York City-based Apifiny serves as a global cross-exchange digital asset trading network for institutions in a single platform. The combined company is expected to trade on the Nasdaq once
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