Author: Marlena Haddad

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The Latest SPAC News and Rumors: November 15, 2021


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

Latest SPAC News: Vacasa reports third quarter results and Revelation Biosciences initiates Phase 1b clinical study of REVTx-99


Vacasa Reports Record Third Quarter 2021 Results

Vacasa, North America’s leading vacation rental management platform, today announced financial results for the third quarter ended September 30, 2021.

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DFP Healthcare (DFPH) Shareholders Approve The Oncology Institute Deal

DFP Healthcare Acquisition Corp. (NASDAQ:DFPH) announced in a press release today that it secured shareholder approval of its combination with community-based clinic operator The Oncology Institute (TOI) in a special meeting held last Friday. The press release disclosed that TOI raised approximately $334 million of cash proceeds, including $275 million from a PIPE, implying $59
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The Latest SPAC News and Rumors: November 12, 2021


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

Latest SPAC News: Desktop Metal completes acquisition of ExOne and Barrows Hotel Enterprises focuses on hotel improvements 


Desktop Metal Completes Acquisition of ExOne, Cementing Its Leadership in Additive Manufacturing for Mass Production

Desktop Metal, Inc.

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Northern Genesis II (NGAB) Shareholders Approve Embark Deal

Northern Genesis Acquisition Corp. II (NYSE:NGAB) secured shareholder approval of its combination with autonomous trucking technology developer Embark Trucks Inc. in a special meeting held yesterday.

NGAB’s 8-K filing disclosed that stockholders holding 29,986,289 shares exercised their right to redeem for a pro rata portion of the funds, removing 72.431% of the SPAC’s trust account.

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The Latest SPAC News and Rumors: November 10, 2021


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

Latest SPAC News: Kin Insurance sees growth accelerate at start of fourth quarter, and Clover Health strengthens presence across Georgia with new contracts


Kin Insurance Sees Growth Accelerate at the Start of Fourth Quarter 2021, While Adjusted Loss Ratio Improves

Kin Insurance, Inc.,

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Ventoux CCM (VTAQ) to Combine with Presto in $816.8M Deal

Ventoux CCM Acquisition Corp. (NASDAQ:VTAQ) has entered into a definitive agreement to combine with restaurant management software provider Presto, at a fully diluted enterprise value of $816.8M, or 7.2x CY23E revenue. Silicon Valley-based Presto provides automation technology for the restaurant sector including many of the top 20 restaurant chains in the U.S. The combined company
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Arena Fortify Acquisition Corp. (AFACU) Prices $150M IPO


Arena Fortify Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AFACU” Wednesday, November 10.

The new SPAC intends to focus on acquisition candidates that have either recently emerged from bankruptcy court protection or will require incremental capital as part of a balance sheet restructuring within the broad natural resources industry.

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RCF Acquisition Corp. (RCFA.U) Prices $200M IPO


RCF Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RCFA.U” Wednesday, November 10.

The new SPAC intends to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition.

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