Author: Marlena Haddad

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The Latest SPAC News and Rumors: September 5, 2023


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

Latest SPAC News: Rumble stock rises after CEO says he won’t sell shares when lock-up period ends, One Energy announces commercial operation of digital substation, and Singapore Exchange becomes first major bourse in Asia to allow SPAC listings


Rumble stock rises after CEO Chris Pavlovski says he won’t sell any shares when the lock-up period ends

Shares of Rumble Inc.

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The Latest SPAC News and Rumors: August 31, 2023


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

Latest SPAC News: Polestar posts $304M loss amid delays, Starry emerges from bankruptcy with new growth goals, and Oklo selected to provide clean power to Air Force Base


Polestar Posts $304 Million Loss Amid Delays, Competition

Polestar Automotive Holding (NASDAQ:PSNY) posted another operating loss in the second quarter as the electric-vehicle maker struggled with software delays and intensifying competition.

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HNR Acquisition Corp. (HNRA) Re-Strikes Pogo Resources Deal

HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that it has reworked its combination with oil developer Pogo Resources to purchase all of the equity interests of the target.

The SPAC amended the membership interest purchase agreement to revise the purchase price to an aggregate amount of $63 million in cash plus two million shares of a new class of Class B Common Stock, which have no economic rights, and two million units in the company’s newly-formed subsidiary, HNRA Upstream, LLC, which are exchangeable for two million shares of newly created Class A Common Stock.

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The Latest SPAC News and Rumors: August 29, 2023


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

Latest SPAC News: AgileThought files for Chapter 11 bankruptcy, Hostess’ stock surges on talks of sale, and Barca to move HQ of its content subsidiary to the Netherlands


IT services firm AgileThought files for chapter 11 bankruptcy, return to private company

After going public in 2021, Irving-based IT services company AgileThought Inc. (NASDAQ:

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The Latest SPAC News and Rumors: August 28, 2023


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

Latest SPAC News: Hostess Brands explores sale amid takeover interest, and Oklo and Centrus Energy sign MOU to support deployment of advanced fission technologies in Ohio


Twinkies maker Hostess Brands explores sale amid takeover interest, sources say

Hostess Brands Inc (NASDAQ:TWNK), the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday.

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The Latest Non-Redemption Agreements: August 25, 2023

Latest Non-Redemption Agreements: Fusion Acquisition Corp. II


Fusion Acquisition Corp. II (FSNB) Adds Non-Redemption Agreement

On August 25, Fusion Acquisition Corp. II (NYSE:FSNB) and Fusion Sponsor II LLC entered into a non-redemption agreement with an unaffiliated third-party investor, pursuant to which the investor has agreed not to redeem, or to reverse and revoke any prior redemption election with respect to 220,000 shares of Class A common stock.

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Vahanna Tech Edge Acquisition I Corp. (VHNA) Shareholders Approve Roadzen Deal

Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA) announced this afternoon that shareholders have approved its combination with insuretech firm Roadzen at a special meeting held earlier today.

The deal was overwhelmingly approved as holders of 13,803,373 shares voted in favor of the transaction while holders of 2,821,787 shares voted against it.

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