The Latest SPAC News and Rumors: June 24, 2021

Jun 24, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Ackman re-engages with target following deal for UMG stake, Syniverse in talks to merge with M3-Brigade, and Sebi to announce SPAC framework

Ackman Re-Engages With SPAC Target After Deal for UMG Stake

Bill Ackman said he has already re-engaged with a potential target for his remaining SPAC after reaching a deal to buy a 10% stake in Universal Music Group before its spinoff from Vivendi SE this year.

Northern Lights Acquisition Corp. (NLITU) Prices $100M IPO

Jun 23, 2021 IPOs by Marlena Haddad

Northern Lights Acquisition Corp. announced the pricing of its $100M IPO and its units are expected to begin trading on the Nasdaq under the symbol “NLITU” Thursday, June 24.

The new SPAC aims to combine with a cannabis target that has an enterprise value ranging from $200 million to $500 million.

FinTech Acquisition Corp. VI (FTVIU) Prices $220M IPO

Jun 23, 2021 IPOs by Marlena Haddad

FinTech Acquisition Corp. VI announced the pricing of its $220M IPO and its units are expected to begin trading on the Nasdaq under the symbol “FTVIU” Thursday, June 24.

The new SPAC aims to combine with a financial technology target that has a diversified customer and supplier base.

Artius Acquisition Inc. (AACQ) Shareholders Approve Origin Materials Deal

Jun 23, 2021 INTEL by Marlena Haddad

Artius Acquisition Inc. (NASDAQ:AACQ) announced in an 8-K filing that its shareholders approved its combination with West-Sacramento zero-carbon materials company Origin Materials at a special meeting earlier today.

A total of 58,972,042 Artius shares, representing approximately 65.11% of the outstanding ordinary shares entitled to vote, were present at the meeting.

FTAC Olympus Acquisition Corp. (FTOC) Shareholders Approve Payoneer Deal

Jun 23, 2021 INTEL by Marlena Haddad

FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) announced in a press release that its shareholders approved its combination with payments firm Payoneer at a special meeting earlier today.

The press release did not disclose redemptions, however, 97.8% of the votes cast at the meeting voted to approve the business combination.

The Latest SPAC News and Rumors: June 23, 2021

Jun 23, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Thiel-backed crypto exchange eyes SPAC merger with Far Peak, Bowlero in talks to merge with Isos while Sternlicht and SEC Chair Gensler call for more oversight and transparency on SPACs

Thiel-Backed Crypto Exchange Bullish is in SPAC Merger Talks

Cryptocurrency exchange Bullish, backed by billionaire Peter Thiel, is in talks to merge with SPAC Far Peak Acquisition Corp.

Coliseum Acquisition Corp. (MITAU) Prices $150M IPO

Jun 22, 2021 IPOs by Marlena Haddad

Coliseum Acquisition Corp. announced the pricing of its $150M IPO and its units are expected to begin trading on the Nasdaq under the symbol “MITAU” Wednesday, June 23.

The new SPAC aims to combine with a target that has an enterprise value between $500 million and $2.5 billion and has strong and differentiated brands.

FinTech Acquisition Corp. IV (FTIV) Shareholders Approve Perella Weinberg Partners Deal

Jun 22, 2021 INTEL by Marlena Haddad

FinTech Acquisition Corp. IV (NASDAQ:FTIV) announced in a press release that its shareholders approved its combination with global financial services firm Perella Weinberg Partners at a special meeting earlier today.

Approximately 99.9% of the votes cast at the meeting, representing approximately 79.24% of FinTech IV’s outstanding shares, voted to approve the business combination.

Thoma Bravo Advantage (TBA) Shareholders Approve ironSource Deal

Jun 22, 2021 INTEL by Marlena Haddad

Thoma Bravo Advantage (NYSE:TBA) announced in a press release that its shareholders approved its combination with publishing platform ironSource at a special meeting earlier today.

More than 96% of the votes cast at the meeting voted to approve the business combination and holders of approximately 86% of TBA’s issued and outstanding shares cast votes.

Big Cypress (BCYP) to Combine with SAB Biotherapeutics in $325M Deal

Jun 22, 2021 INTEL by Marlena Haddad

Big Cypress Acquisition Corp. (NASDAQ:BCYP) has entered into a definitive agreement to combine with clinical-stage biopharmaceutical company SAB Biotherapeutics at an enterprise value of $325 million. Sioux Falls-based SAB Biotherapeutics utilizes advanced genetic engineering and antibody science to develop antibodies that target specific diseases, such as COVID-19. The company’s platform rapidly produces natural, high-potency, human
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

The Latest SPAC News and Rumors: June 22, 2021

Jun 22, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Vivendi shareholders approve Universal Music Group spin-off, family offices tap into SPACs, and ironSource merger creates 230 new millionaires

Vivendi Investors Approve UMG Plans in Activist Rebuke

Vivendi SE shareholders voted to approve the spinoff of Universal Music Group, paving the way for the world’s largest music company to be listed in Europe.

Golden Path Acquisition Corp. (GPCOU) Prices $50M IPO

Jun 22, 2021 IPOs by Marlena Haddad

Golden Path Acquisition Corp. announced the pricing of its $50M IPO and its units are expected to begin trading on the Nasdaq under the symbol “GPCOU” Tuesday, June 22.

The new SPAC aims to combine with a target that is involved in a strategically significant sector in the Asian markets, such as internet and high technology, and has an enterprise value between $150 million and $300 million.

The Latest SPAC News and Rumors: June 21, 2021

Jun 21, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Missouri Cobalt hires Goldman to go public through SPAC, WeWork’s occupancy increased in May, Zoomcar eyes listing via SPAC, and Amazon in talks to buy 20% of Plus

U.S.

Arrival (ARVL) Calls For Cash Redemption of Warrants

Jun 18, 2021 INTEL by Marlena Haddad

Electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) disclosed in a press release today that it had elected to redeem its public warrants for cashless exercise at a price of $11.50. Arrival, which was the combination company of CIIG Merger Corp (NASDAQ:CIIG), and de-SPAC’d on March 19, 2021, currently has 12,937,493 public warrants outstanding. Registered holders of
Read More

To access this post, you must purchase 1 - User: Monthly Plan.

The Latest SPAC News and Rumors: June 18, 2021

Jun 18, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Malaysia’s Carsome mulls merger with U.S. SPAC, Paris Plays Catch-Up With Frankfurt in SPAC Race, and European companies compete in SPAC race

Malaysia’s Carsome Weighs U.S.

JAWS Juggernaut (JUGGU) Prices Upsized $240M IPO

Jun 18, 2021 IPOs by Marlena Haddad

JAWS Juggernaut Acquisition Corp. announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “JUGGU” Friday, June 18.

Acies Acquisition Corp. (ACAC) Shareholders Approve PLAYSTUDIOS Deal

Jun 17, 2021 INTEL by Marlena Haddad

Acies Acquisition Corp. (NASDAQ:ACAC) announced in a press release that its shareholders approved its combination with social gaming developer PLAYSTUDIOS, Inc. at a special meeting earlier today.

The press release did not mention redemption amounts, but it notes that approximately 97% of the votes cast at the special meeting approved of the business combination.

Hudson Executive (HEC) Shareholders Approve Talkspace Deal

Jun 17, 2021 INTEL by Marlena Haddad

Hudson Executive Investment Corp. (NASDAQ:HEC) shareholders announced in a press release today that its shareholders approved its combination with virtual behavioral healthcare company Talkspace at a special meeting earlier today.

The press release did not mention redemption amounts, but stated that 94.51% of the votes cast, representing approximately 74.05% of HEIC’s outstanding shares, voted to approve the business combination with Talkspace.

The Latest SPAC News and Rumors: June 17th, 2021

Jun 17, 2021 INTEL by Marlena Haddad

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

Farming startup Infarm is in talks to merge with Kernel SPAC while Fusion in talks to launch new blank-check company and aims to list in London

Infarm Is in Talks to Go Public Via Merger with Kernel SPAC

Indoor farming startup Infarm is in advanced talks to go public through a merger with blank-check firm Kernel Group Holdings Inc.

Crescent Acquisition Corp. (CRSA) Shareholders Approve LiveVox Deal with Heavy Redemptions

Jun 17, 2021 INTEL by Marlena Haddad

Crescent Acquisition Corp. (NASDAQ:CRSA) shareholders have approved its combination with LiveVox, but redemptions wiped out 61% of the SPAC’s trust in connection with the vote yesterday. The parties now expect to close the deal June 18, after which its shares and warrants will trade on the Nasdaq under the symbols “LVOX” and “LVOXW,” respectively. SPACs
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Author: Marlena Haddad

Latest SPAC News: Ackman re-engages with target following deal for UMG stake, Syniverse in talks to merge with M3-Brigade, and Sebi to announce SPAC framework

Ackman Re-Engages With SPAC Target After Deal for UMG Stake

Latest SPAC News: Thiel-backed crypto exchange eyes SPAC merger with Far Peak, Bowlero in talks to merge with Isos while Sternlicht and SEC Chair Gensler call for more oversight and transparency on SPACs

Thiel-Backed Crypto Exchange Bullish is in SPAC Merger Talks

Latest SPAC News: Vivendi shareholders approve Universal Music Group spin-off, family offices tap into SPACs, and ironSource merger creates 230 new millionaires

Vivendi Investors Approve UMG Plans in Activist Rebuke

Latest SPAC News: Missouri Cobalt hires Goldman to go public through SPAC, WeWork’s occupancy increased in May, Zoomcar eyes listing via SPAC, and Amazon in talks to buy 20% of Plus

U.S.

Latest SPAC News: Malaysia’s Carsome mulls merger with U.S. SPAC, Paris Plays Catch-Up With Frankfurt in SPAC Race, and European companies compete in SPAC race

Malaysia’s Carsome Weighs U.S.

Farming startup Infarm is in talks to merge with Kernel SPAC while Fusion in talks to launch new blank-check company and aims to list in London

Infarm Is in Talks to Go Public Via Merger with Kernel SPAC