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Anthemis Digital Acquisitions I Corp. (ADALU) Prices $200M IPO

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Broadstone Acquisition Corporation (BSN) Adds $205M to Vertical Deal

Broadstone (NYSE:BSN) announced this morning that it has lined up $205 million in additional funding for its combination with electric airplane-maker Vertical Aerospace (“Vertical”). This new cash will come in the form of $200 million in convertible senior secured notes bought by Mudrick Capital and a $5 million investment from Kouros into the PIPE. This
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The Latest SPAC News and Rumors: October 27, 2021


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

Latest SPAC News: Tim Hortons China hits 300 stores, Science 37 collaborates with 3H Medi Solution to enable decentralized clinical trials in Japan, and DocGo triples third quarter revenues


Tim Hortons China Hits 300 Stores Undeterred by Listing Delay

TH International Ltd.,

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TKB Critical Technologies 1 (USCTU) Prices $200M IPO

Oct 27, 2021 IPOs by Marlena Haddad

TKB Critical Technologies 1  announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “USCTU” Wednesday, October 27.

The new SPAC intends to target companies that provide critical technologies in the industrial base supply chain recognized by the United States Government as necessary to maintain the United States’ technological superiority and national security.

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Digital World DWAC files Additional Documents on Trump Deal

Oct 26, 2021 INTEL by Kristi Marvin
Digital World Acquisition Corp. (Nasdaq: DWAC), filed their  additional documentation tonight in the form of their merger agreement, voting agreement and lock-up agreement. However, information is still light around the actual company, Trump Media & Technology Group (“TMTG”). While it would have been preferable to at least get a look at a slide deck or
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LAVA Medtech Acquisition Corp. (LVACU) Prices $100M IPO

Oct 26, 2021 IPOs by Marlena Haddad

LAVA Medtech Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “LVACU” Wednesday, October 27.

The new SPAC intends to combine with an innovative, early commercial-stage company in the healthcare and healthcare-related industries with a focus on clinically-impactful and high growth opportunities in medical devices, diagnostics, and digital health.

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Pyrophyte Acquisition Corp. (PHYT.U) Prices $175M IPO

Oct 26, 2021 IPOs by Marlena Haddad

Pyrophyte Acquisition Corp. announced the pricing of its $175 million IPO and its shares are expected to begin trading on the NYSE under the symbol “PHYT.U” Tuesday, October 26.

The new SPAC intends to combine with a target business focused on facilitating the energy transition toward decarbonization and sustainable use of energy and natural resources, particularly a business that provides the necessary products and technologies to support the energy transition, without the need to rely solely on a single type of technology.

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The Latest SPAC News and Rumors: October 26, 2021


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

Latest SPAC News: Trump-tied SPAC stumbles as retail traders shift focus; Revelation Biosciences engages Destum Partners to identify strategic partners


Trump-Linked SPAC Stumbles as Retail Trading Frenzy Loses Steam

The euphoria surrounding shares in Digital World Acquisition Corp.

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The Latest SPAC News and Rumors: October 25, 2021


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

Latest SPAC News: Alpha Tau announces completion of enrollment in first US clinical trial of Alpha DaRT; Altus Power acquires 9.9 megawatt operating solar power generation project


Alpha Tau Announces Completion of Enrollment in First US Clinical Trial of Alpha DaRT and Achievement of First Primary Objective

Alpha Tau Medical Ltd.,

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PAE (Gores III) to be Acquired by Ammentum for $10.05 per Share

Oct 25, 2021 INTEL by Kristi Marvin
PAE Inc. (Nasdaq: PAE), formerly Gores Holdings III, Inc., announced this morning that it is to be acquired by Amentum Government Services Holdings LLC (“Amentum”) in an all-cash transaction valued at approximately $1.9 billion, including the assumption of debt and certain fees. PAE shareholders will receive $10.05 per share in cash at closing, which is
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B. Riley Principal 150 Merger Corp. (BRPM) to Combine with FaZe Clan

B. Riley Principal 150 (NASDAQ:BRPM) has entered into a definitive agreement to combine with digital content platform FaZe Clan at an enterprise value of $713 million, or 14.2x its 2021E revenue. Los Angeles-based FaZe Clan runs a network of influencer talent and e-sports competitors that have amassed 120 million YouTube subscribers and $50 million in
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Ivanhoe Capital Acquisition Corp. (IVAN) Adds to PIPE

Oct 22, 2021 INTEL by Kristi Marvin
Ivanhoe Capital Acquisition Corp. (NYSE:IVAN) announced this afternoon that they have entered into an additional PIPE subscription agreement to support their combination with EV Lithium battery manufacturer, SES Holdings Pte. Ltd. IVAN previously announced a $200 million PIPE in connection with the transaction for $10.00 per share at their combination announcement on July 13, 2021.
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GigCapital4 (GIG) Arranges Additional Forward Purchase / Backstop

Oct 22, 2021 INTEL by Kristi Marvin
GigCapital4 (NASDAQ:GIG) announced this morning that they have entered into another Forward Purchase Agreement (“FPA”), similar to their previously announced agreements with Highbridge and Glazer Capital. Gig4 has now added Tenor Opportunity Master Fund Ltd. (“Tenor”), and as part of the FPA, Tenor agrees to hold their shares through the combination vote for a period
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