The Latest SPAC News and Rumors: March 15, 2022

Mar 15, 2022 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: Hong Kong’s first SPAC aims for $1B, Joby nears completion of air carrier certification, and Terran Orbital awarded Lockheed Martin contract

Hong Kong’s First SPAC Aquila Aiming for $1B

Aquila Acquisition (7836), Hong Kong’s first SPAC, is aiming to raise about HK$1 billion after setting its offering price at HK$1.05 million per board lot.

The Latest SPAC News and Rumors: March 14, 2022

Mar 14, 2022 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: Electric Last Mile discloses SEC probe, Ginkgo Bioworks acquires FGen AG, and Astra announces multi-launch contract and first launch with Spaceflight Inc.

VPC Impact Acquisition Holdings II (VPCB) Terminates Kredivo Deal

Mar 14, 2022 INTEL by Nicholas Alan Clayton

VPC Impact II (NASDAQ:VPCB) announced this morning that it has mutually terminated its combination with Southeast Asian fintech platform Kredivo.

As with other recent terminations, the parties cited “market conditions” as the cause, but this isn’t a true break up of the two sides.

SPAC IPO Terms Tracker: Challenging Market Conditions Continue

Mar 12, 2022 INTEL by sam.beattie

Terms Tracker for the Week Ending March 11th, 2022 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. For the week ending March 11th, we saw three new S-1 registration statements and three IPOs, both one more and one less than the week
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The Latest SPAC News and Rumors: March 11, 2022

Mar 11, 2022 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: Byju’s founder in $800M funding round with BlackRock, Wag!

Rosecliff Acquisition Corp I (RCLF) Terminates Gett Deal

Mar 11, 2022 INTEL by Nicholas Alan Clayton

Rosecliff Acquisition Corp I (NASDAQ:RCLF) announced this morning that it has mutually terminated its combination with ground transport management company Gett after a review of market conditions.

However, these “market conditions” also coincide with this deal possibly being the first SPAC casualty of the Russia-Ukraine war.

Top 3 SPAC Targets – Energy Prices

Mar 11, 2022 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies set to see increased demand among elevated energy prices. We look at why they are compelling and why each could be a fit for a blank-check merger.

Nubia Brand International Corp. (NUBIU) Prices Upsized $110M IPO

Mar 10, 2022 IPOs by Marlena Haddad

Nubia Brand International Corp. announced the pricing of its upsized $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NUBIU” Friday, March 11.

B. Riley Principal 150 Merger Corp. (BRPM) and FaZe Clan Waive Minimum Cash

Mar 10, 2022 INTEL by Marlena Haddad

B. Riley Principal 150 Merger Corp. (NASDAQ:BRPM) announced this afternoon that it has amended its merger agreement, waived the minimum cash condition, and entered into a bridge loan agreement in connection to its proposed merger with digital content platform FaZe Clan.

The Latest SPAC News and Rumors: March 10, 2022

Mar 10, 2022 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: Satellogic announces launch of new satellites, crypto exchange Bullish eyes debut amid regulatory delays, and China bars mainland brokers from promoting SPACs

Satellogic Announces Upcoming Launch of Five New Satellites Onboard SpaceX Transporter-4 Mission

Satellogic Inc.

MedTech (MTAC) Terminates Memic Deal Ahead of Completion Vote

Mar 10, 2022 INTEL by Marlena Haddad

MedTech (NASDAQ:MTAC) terminated its combination with surgical technology company Memic this morning after adjourning it’s scheduled meeting to complete yesterday to this morning at 11AM.

Yesterday’s meeting received sufficient turnout and affirmative votes, but adjourned without finalizing any business.

Patria Latin American Opportunity Acquisition Corp. (PLAOU) Prices $200M IPO

Mar 9, 2022 IPOs by Marlena Haddad

Patria Latin American Opportunity announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PLAOU” Thursday, March 10.

The new SPAC intends to focus its search in Latin America and in sectors where Patria has developed investment expertise, including but not limited to healthcare, food and beverage, logistics, agribusiness, education, and financial services.

FirstMark Horizon (FMAC) Arranges Non-Redemption Agreement for Starry Deal

Mar 9, 2022 INTEL by Marlena Haddad

FirstMark Horizon Acquisition Corp. (NYSE:FMAC) announced this afternoon that it entered into a Non-Redemption Agreement alongside certain accredited investors and Starry Group Holdings.

According to the Non-Redemption Agreement, certain investors of FirstMark agreed not to redeem their shares, representing 2,398,613 shares in the aggregate, at the Starry completion vote scheduled for Wednesday, March 16.

The Latest SPAC News and Rumors: March 9, 2022

Mar 9, 2022 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: Games Global in talks with Tailwind International SPAC, AST SpaceMobile sings multi-launch agreement with SpaceX, and Eni and Livestream raise $230M in Green SPAC listing in London

Games Global in Talks With Tailwind International SPAC

Games Global is in talks to go public through a merger with a SPAC, according to Bloomberg.

Silver Crest (SLCR) Amends Tims China Deal with New PIPE

Mar 9, 2022 INTEL by Nicholas Alan Clayton

Silver Crest (NASDAQ:SLCR) announced this morning it has made changes to its transaction with coffeehouse chain Tims China to bring in new capital to the deal while reducing its initial equity valuation by 17% to $1.4 billion. The changes add a $94.5 million PIPE to the deal with commitments from affiliates of Cartesian Capital, Restaurant Brands
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Podcast: FiscalNote Founder and CEO Tim Hwang

Mar 9, 2022 INTEL, Podcasts & Webinars by Kristi Marvin

This week, we speak with Tim Hwang, Founder and CEO of FiscalNote.

FiscalNote entered into a $1.2 billion dollar combination agreement with Duddell Street Acquisition Corp. (Nasdaq: DSAC), in November 2021.

Lakeshore Acquisition II Corp. (LBBBU) Prices $60M IPO

Mar 8, 2022 IPOs by Marlena Haddad

Lakeshore Acquisition II Corp. announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LBBBU” Wednesday, March 9.

The new SPAC’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region with the exception of a company that is headquartered in China, Hong Kong, or Macau.

Spartan Acquisition Corp. III (SPAQ) Shareholders Approve Allego Deal

Mar 8, 2022 INTEL by Marlena Haddad

Spartan Acquisition Corp. III (NYSE:SPAQ) announced this afternoon that its shareholders have voted to approve its combination with Dutch electric vehicle (EV) charging company Allego.

The press release did not disclose much information on redemptions, but SPAQ has been trading above its trust value of $10 since the redemption deadline March 4.

Endurance Acquisition Corp. (EDNC) to Combine with SatixFy in $632M Deal

Mar 8, 2022 INTEL by sam.beattie

Endurance Acquisition Corp. (NASDAQ: EDNCU) has entered into a definitive agreement to combine with a satellite communication systems company SatixFy Communications Ltd. at an enterprise value of $632 million or 7.2x its 2023E revenue. The Rehovot, Israel-based company designs satellite communication systems based on chipsets developed in-house. Transaction Overview Endurance is funding the deal with
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The Latest SPAC News and Rumors: March 8, 2022

Mar 8, 2022 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: Gogoro unveils swappable solid state battery for electric vehicles, Snoop Dogg joins Faze Clan’s board of directors, and ex-Tesla lawyer gets $30M to join Luminar

Gogoro Unveils World’s First Swappable Solid State Battery Prototype for Electric Vehicles

Gogoro^® Inc.,