Keyarch Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “KYCHU” Tuesday, January 25.
The new SPAC intends to focus its search for a target on disruptive technology and innovative services companies in developed economies such as the U.S. and
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Venus (NASDAQ:VENA) announced this afternoon that it is has terminated its original backstop, and added a new backstop agreement to its combination with VIYI Algorithm.
The SPAC initially entered into a backstop agreement up to $10 million with Ever Abundant Investments Limited when it announced its $400 million deal on June 10.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Wynn Resorts (NASDAQ:WYNN) is looking to unload its online sports-betting business at a steep discount as the fledgling niche faces painful losses from stiff taxes and costly promotions needed to lure customers, according to The Post.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
PetSmart (NASDAQ:PETM) is in talks to go public through a blank-check company backed by private equity firm KKR & Co.,
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SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies with enterprises values of $10 billion or larger. We look at why they are compelling and why each could be a fit for a blank-check merger.
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Heartland Media Acquisition Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “HMA.U” Friday, January 21.
The new SPAC intends to focus its search on a business in the media, entertainment and sports sectors with a strong management team.
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Kensington Capital IV (NYSE: KCAC.U) filed for a $200 million new SPAC tonight, and while this is their fourth SPAC, they’ve gone slightly out of order. Kensington I & II have completed their transactions with Quantumscape and Wallbox, respectively, but they also currently have Kensington V out searching.
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KnightSwan Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “KNSW.U” Friday, January 21.
The new SPAC intends to identify businesses at the leading edge of technological innovation in three key sectors: cloud, cybersecurity, and mission intelligence.
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HCM Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCMAU” Friday, January 21.
The new SPAC intends to identify businesses that provide disruptive technology or innovations within the financial services industry.
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Vistas Media Acquisition Company (NASDAQ:VMAC) announced in a press release today that its shareholders have approved its combination with streaming service Anghami in a special meeting held yesterday.
VMAC saw 9,757,033 shares redeemed, representing 97.57% of pubic shareholders, leaving just 242,967 public SPAC shares post-vote.
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Trebia Acquisition Corp. (NYSE:TREB) announced that its shareholders approved its combination with marketing platform System1 and Protected.net in a special meeting held earlier today.
Although the press release did not disclose redemption amounts, TREB traded below $10 throughout its redemption deadline January 18, and opened today at $8.23.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The first blank-check company to debut in Singapore climbed 1% in its first day of trading after an offering that attracted strong demand from retail and institutional investors.
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Generation Asia I Acquisition Limited announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “GAQ.U” Thursday, January 20.
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Power & Digital Infrastructure Acquisition Corp. (NASDAQ:XPDI) announced that its shareholders approved its combination with blockchain hosting and crypto mining firm Core Scientific in a special meeting held yesterday.
Redemptions totaled 36% of XPDI’s common shares eligible to redeem, which is a very good result in the current SPAC market.
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Earlier this morning, SCVX Corp. III (Nasdaq: SCVX), announced they have signed a non-binding LOI with an unnamed company in the Environmental, Social, and Governance (ESG) space. The target company’s existing shareholders are also anticipated to roll over 100% of their equity.
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Banyan Acquisition Corporation announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the NYSE under the symbol “BYN.U” Thursday, January 20.
The new SPAC intends to focus its search on iconic brands or established platforms in the foodservice industry that are leaders in their respective categories.
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DUET Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the NASDAQ under the symbol “DUETU” Thursday, January 20.
The new SPAC intends to focus its search on disruptive change-maker technology enterprises that are capitalizing on the digital shift.
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