CF Acquisition Corp. VII (CFFSU) Prices $175M IPO
CF Acquisition Corp. VII announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CFFSU” Thursday, December 16.
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Isos (ISOS) Shareholders Approve Bowlero Deal
Isos Acquisition Corp. (NYSE:ISOS) announced this afternoon that its shareholders have approved its combination with bowling center operator Bowlero in a special meeting held yesterday.
The business combination was approved by a majority of Isos stockholders as approximately 90% of the votes cast at the meeting were in favor of the transaction.
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InterPrivate III Financial Partners (IPVF) Secures $315M in New Capital for Aspiration
InterPrivate III (NYSE:IPVF) announced that it has arranged $315 million in new financing for its combination with sustainability-focused fintech firm Aspiration. The new money includes $250 million in proceeds from the issuance of non-convertible perpetual preferred stock, paying an 8% dividend and redeemable by investors after 9 years. The package also includes a $50 millionRead More
The Latest SPAC News and Rumors: December 15, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Fintech VI in talks to merge with Africa’s top fiber operator while KludeIn SPAC is in talks with data intelligence firm Near and Virgin Orbit expands space solutions business with Hypersat investment
Africa’s Top Fiber Operator Is in Talks With Betsy Cohen SPAC
Fintech Acquisition Corp.
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Trump Media and Rumble Team Up, Moving CF VI (CFVI) & Digital World (DWAC) Prices
Digital World (NASDAQ:DWAC) target Trump Media & Technology Group has announced a cloud services partnership with digital media platform Rumble, which itself has a pending deal with CF VI (NASDAQ:CFVI).
As has been the trend with both deals, little concrete information was released on this new arrangement, but it nonetheless has translated into high-volume buying for both stocks.
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Matterport (MTTR) Announces Redemption of Public Warrants
Matterport (NASDAQ:MTTR) announced this morning that it will redeem all outstanding warrants and warrantholders have until 5 pm ET, January 14, 2022 to exercise them.
The company, which completed its combination with Gores VI in July, has been a relative bright spot among de-SPACs in the current market, hitting a high of $33.48 on November 29 and generally trading above $20 since Halloween.
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EVe Mobility Acquisition Corp (EVE.U) Prices Upsized $220M IPO
EVe Mobility Acquisition Corp announced the pricing of its upsized $220 million IPO and its units are expected to begin trading on the NYSE under the symbol “EVE.U” Wednesday, December 15.
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Investcorp Europe Acquisition Corp. I (IVCBU) Prices Upsized $300M IPO
Investcorp Europe Acquisition Corp. I announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IVCBU” Wednesday, December 15.
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Pearl Holdings Acquisition Corp. (PRLHU) Prices $175M IPO
Pearl Holdings Acquisition Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PRLHU” Wednesday, December 15.
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Battery Future Acquisition Corp. (BFAC.U) Prices Upsized $300M IPO
Battery Future Acquisition Corp. announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “BFAC.U” Wednesday, December 15.
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Ahren Acquisition Corp. (AHRNU) Prices Upsized $275M IPO
Ahren Acquisition Corp. announced the pricing of its upsized $275 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AHRNU” Wednesday, December 15.
The new SPAC intends to focus on high-growth, domain-leading companies fueled by breakthrough deep technology and/or deep science.
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Swiftmerge Acquisition Corp. (IVCPU) Prices $200M IPO
Swiftmerge Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IVCPU” Wednesday, December 15.
The new SPAC intends to pursue opportunities targeting disruptive consumer companies utilizing technology and the internet to evolve the way that consumers interact with the market.
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Broadstone (BSN) Shareholders Approve Vertical Deal
Broadstone Acquisition Corp. (NYSE:BSN) announced this afternoon that its shareholders have approved its combination with electric vertical take-off and landing (eVTOL) aircraft-maker Vertical Aerospace in a special meeting held earlier today.
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The Latest SPAC News and Rumors: December 14, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Bill Ackman’s SPAC calls investor claim that it’s illegal ‘fictional’, and SoundHound partners with Netflix
Bill Ackman’s SPAC Calls Investor Claim That It’s Illegal ‘Fictional’
Bill Ackman’s Pershing Square Tontine Holdings Ltd.
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Gores Holdings VIII (GIIX) to Combine with Footprint in $1.6Bn Deal
Gores VIII (NASDAQ:GIIX) has entered into a definitive agreement to combine with sustainable materials company Footprint at an enterprise value of $1.6 billion, or 3.2x its 2023E revenue. Gilbert, Arizona-based Footprint develops and manufactures new molded fiber packaging solutions with the goal of eliminating plastics from the consumer marketplace. The combined company is expected toRead More
Spring Valley (SV) to Combine with NuScale Power in $1.9Bn Deal
Spring Valley (NASDAQ:SV) has entered into a definitive agreement to combine with nuclear power provider NuScale Power at an enterprise value of $1.86 billion, or 1.8x its 2025E revenue. Portland, Oregon-based NuScale has designed and is working to deploy a uniquely flexible nuclear power plant design with its first project scheduled for installation in Utah.Read More
Capstar Special Purpose (CPSR) Board Member Quits Over Gelesis Deal
In an 8-K filed this morning, it was revealed that Capstar Special Purpose board member (NYSE:CPSR), Jamie Weinstein, was resigning from Capstar’s board specifically because he “can no longer support the proposed business combination (the “Proposed Transaction”) of Capstar with Gelesis, Inc. (“Gelesis”), and I can no longer recommend the Proposed Transaction to Capstar’s stockholders,Read More
CITIC Capital (CCAC) Adds New Financing to Quanergy Deal
CITIC Capital (NYSE:CCAC) announced this morning that it has agreed to additional financing that could bring as much as $125 million in new money to its combination partner Quanergy following the deal’s close. The SPAC signed a share subscription facility with Global Emerging Markets Group (GEM), which works similarly to a delayed-action PIPE. GEM willRead More
Kairous Acquisition Corp. Limited (KACLU) Prices $75M IPO
Kairous Acquisition Corp. Limited announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “KACLU” Tuesday, December 14.
The new SPAC intends to focus on fast growing tech companies in different industry verticals, including but not limited to e-commerce, financial technology, insurance technology, digital health, digital media and digital services.
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Yucaipa (YAC) Shareholders Approve SIGNA Sports Deal
Yucaipa (NYSE:YAC) announced this afternoon that its shareholders have approved its combination with SIGNA Sports United in a special meeting held earlier today.
Holders of 32,136,222 ordinary shares were present in person or by proxy at today’s meeting, representing 74.52% of the voting power of Yucaipa’s ordinary shares.
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