NewHold Investment Corp. II (NASDAQ: NHIC) today announced that it will dissolve and liquidate promptly after April 25, 2023.
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Progress Acquisition Corp. (Nasdaq: PGRW) announced this afternoon that it has cancelled its April 26 special meeting.
The SPAC originally intended to hold the meeting on April 17, but adjourned it until tomorrow to permit further solicitation of proxies for its extension proposal.
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Apollo Strategic Growth Capital II (NYSE:APGB) announced this morning that it has postponed its April 28 special meeting to 9 am ET on May 5.
Shareholders will be voting on a proposal to allow Apollo Strategic to extend its transaction deadline up to nine months from May 12, 2023 to February 12, 2024.
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Blue World Acquisition Corp. (NASDAQ:BWAQ) announced this morning that it has postponed its April 26 special meeting to 9 am ET May 2.
Shareholders will be voting on a proposal to allow Blue World to extend its transaction deadline up to nine times in one-month increments in exchange for contributions of $0.0295 per share to the trust each time.
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7 Acquisition Corporation (Nasdaq: SVNA) today announced that it will redeem all of its outstanding Class A ordinary shares, with such redemption anticipated to be effective as of the close of business on May 10.
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TG Venture Acquisition Corp. (NASDAQ: TGVC) announced that it has postponed its special meeting, originally scheduled to be held on April 27, until May 4.
In connection with the postponement of the meeting, the SPAC has further extended the redemption deadline until 5:00 p.m.
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Rice Acquisition Corp. II (NYSE: RONI) today announced an additional $275 million of PIPE commitments to its deal with clean natural gas producer NET Power, bringing the total committed capital to $510 million.
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Vision Sensing Acquisition Corp. (NASDAQ: VSAC) announced that it has postponed its special meeting, originally scheduled to be held on Thursday, April 27, until 9:00 a.m. EST on Monday, May 1.
In connection with the postponement, VSAC has extended its redemption deadline to 5:00 p.m.
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Swiftmerge Acquisition Corp. (NASDAQ:IVCP) announced this afternoon that it has signed a non-binding letter of intent to combine with commercial-stage biotech company HDL.
The parties’ press release did not include a proposed valuation for the deal, but Swiftmerge currently has about $228 million in trust and about two months left before its June 17 transaction deadline.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia.
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Focus Impact Acquisition Corp. (NASDAQ:FIAC) announced that it adjourned today’s special meeting, without conducting any other business, and will reconvene tomorrow, April 25, at 4:00 p.m.
Blockchain Moon Acquisition Corp.
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Social Leverage Acquisition Corp I (NASDAQ: SLAC) announced this afternoon that it has reduced the valuation for its target W3BCLOUD, entered into non-redemption agreements with certain investors, and a non-binding term sheet for a $150 million committed equity facility with B.Riley.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Pagaya Technologies Ltd.
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Greencity Acquisition Corporation (NASDAQ:GRCY) announced this morning that it has signed a non-binding letter of intent with Bopai Construction Technology and plans to enter into a definitive agreement to combine after a period of due diligence.
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Bannix Acquisition Corp. (NASDAQ:BNIX) announced this morning that it has entered into a binding letter of intent to combine with autonomous vehicle company EVIE at a proposed enterprise value of $542.5 million.
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Ares Acquisition Corporation II priced its upsized $450 million IPO and its units are expected to begin trading on the NYSE under the symbol “AACT.U” Friday, April 21, 2023.
The SPAC intends to focus its search on an established target in North America, Europe or Asia that has a differentiated and sustainable business model with a defensible market position and a strong management team.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ticketing company SeatGeek filed confidentially with regulators earlier this month to go public, according to a new report from The Information.
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