Author: Marlena Haddad

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The Latest SPAC News and Rumors: September 14, 2023


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

Latest SPAC News: Volato announces strategic reorganization and DoD expands X-energy contract for mobile microreactor prototype


Volato Announces Strategic Reorganization to Fuel Sustained Growth and Business Maturity

In a move that underscores its pace of growth and strategic foresight, Volato today announced a reorganization of its leadership team.

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APx Acquisition Corp. I (APXI) Sells Sponsor Economics to Templar

APx Acquisition Corp. I (NASDAQ:APXI) announced in an 8-K this afternoon that it has sold the majority of its sponsor economics to Templar LLC and its designees.

As a part of the purchase agreement, the sponsor will transfer 3,342,188 of the company’s class B ordinary shares and 6,936,250 private placement warrants to Templar. The

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Prime Impact Acquisition I (PIAI) Shareholders Approve Cheche Deal

Prime Impact Acquisition I (NYSE:PIAI) announced in an 8-K this afternoon that its shareholders approved its combination with insurance firm Cheche at a special meeting yesterday.

At the meeting, 10,764,455 Class A and Class B Ordinary Shares of Prime Impact, which represented 84.48% of the ordinary shares outstanding, were represented.

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The Latest SPAC News and Rumors: September 13, 2023


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

Latest SPAC News: Kolors acquires Urbvan from Swvl to transform corporate bus travel in Mexico and Faze Clan loses its hype


Kolors acquires Urbvan to transform corporate bus travel in Mexico

Kolors, a Mexico City-based startup that connects intercity bus riders with bus drivers, is acquiring B2B van pooling provider Urbvan for $12 million cash, the company shared Wednesday.

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First Light Acquisition Group (FLAG) Completes Calidi Deal

First Light Acquisition Group, Inc. (NYSE:FLAG) announced this afternoon that it expects to close its business combination with Calidi Therapeutics tomorrow, September 12.

The deal was already approved by FLAG shareholders during a special meeting on September 1, but at that time, the parties did not share a proposed timeline for the transaction’s closing.

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The Growth for Good Acquisition Corp. (GFGD) Adjourns Completion Vote to Sept. 12

The Growth for Good Acquisition Corporation (NASDAQ: GFGD) disclosed in a press release today that it has adjourned its special meeting for the seventh time.

Shareholders were expecting to cast their votes on the SPAC’s combination with EV-maker ZeroNox, but the parties are now considering terminating the deal due to the amount of redemption requests. It

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The Latest SPAC News and Rumors: September 8, 2023


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

Latest SPAC News: US judge says Okada Manila does not have to close merger, and Lotus unveils electric sedan


US judge won’t order Philippine casino merger to close

The Philippines’ largest casino, owned by an affiliate of Japan’s Universal Entertainment Corp does not have to complete a SPAC merger deal with 26 Capital Acquisition Corp.

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The Latest Non-Redemption Agreements: September 7, 2023

Latest Non-Redemption Agreements: FTAC Emerald


FTAC Emerald Acquisition Corp. (EMLD) Adds Non-Redemption Agreement

On September 7, FTAC Emerald Acquisition Corp. (NASDAQ:EMLD) entered into one or more agreements with one or more unaffiliated third parties in exchange for them each agreeing not to redeem an aggregate of 1,000,000 shares of Class A common stock.

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Murphy Canyon Acquisition Corp. (MURF) Further Postpones Completion Vote

Murphy Canyon Acquisition Corp. (NASDAQ:MURF) announced this afternoon that its special meeting, scheduled for September 13, has been postponed to September 20 at 10:00 a.m., marking the SPAC’s second postponement.

As a result of this change, Murphy Canyon has also extended the redemption deadline for holders of its common stock to 5:00 p.m.

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The Latest SPAC News and Rumors: September 7, 2023


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

Latest SPAC News: Falcon’s Beyond and K11 plan to launch new entertainment franchises across China, WeWork to initiate renegotiations for almost all leases, and One Energy announces commercial operations of first Megawatt Hub


Global Entertainment Enterprise Falcon’s Beyond and Hong Kong-Based Cultural Commerce Giant K11 Group Plan to Launch New Entertainment Franchises and Attractions Across China

Falcon’s Beyond, a diversified global entertainment, consumer experience, and technology enterprise that accelerates intellectual property (IP) activations concurrently across physical and digital experiences, has announced its debut project as part of its joint venture with Raging Power Limited, an arm of K11 Group, the Hong Kong-based cultural commerce giant.

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