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The Latest SPAC News and Rumors: October 6, 2021

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Supernova Partners Acquisition Company II (SNII) to Combine with Rigetti Computing

Supernova II (NYSE:SNII) has entered into a definitive agreement to combine with quantum computing firm Rigetti at an enterprise value of $1.15 billion, or 3x its 2026E EBITDA. Berkeley, California-based Rigetti Computing has developed scalable quantum computing chips and is working to deploy its machines in collaboration with several government and research institutions. The combined
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ACON S2 Acquisition Corp. (STWO) Shareholders Approve ESS Tech Deal

ACON S2 Acquisition Corp. (NASDAQ:STWO) secured shareholder approval of its combination with battery manufacturer firm ESS Tech at a meeting held earlier today. Holders of 22,414,077 shares of STWO were present at the meeting, representing 71.73% of the voting power.  The business combination was overwhelmingly approved as it received 21,144,761 votes in favor of it.
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Hyzon Motors (NASDAQ:HYZN) Rebuts Blue Orca Short Seller Report

SPACs attract short sellers and the latest round between these two forces involved a strongly-worded statement by Hyzon Motors (NASDAQ:NYZN) pushing back point-by-point on a report by Blue Orca that dropped last Tuesday. Hyzon initially plummeted 37% from $9.21 to a low of $5.80 in the days following the report’s publication, but the company is already
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The Latest SPAC News and Rumors: October 5, 2021


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

Latest SPAC News: SPAC marketing heavily curtailed in draft bill, SEC subpoenas Circle Financial, and VMG Partners taps Goldman Alumna Kapoor to lead new SPAC


SPAC Marketing Heavily Curtailed in Democrats’ Draft Bill

The SPAC boom has House Democrats mulling an aggressive response: largely ban Wall Street from marketing blank-check companies to retail investors.

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Crixus BH3 Acquisition Company (BHACU) Prices $200M IPO

Crixus BH3 Acquisition Company announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BHACU” Tuesday, October 5.

The Company intends to focus its efforts on businesses that manage, finance, operate, construct, control, own or support real estate or which derive a large component of revenue from real estate, construction or infrastructure related activities. Crixus

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The Latest SPAC News and Rumors: October 4, 2021


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

Latest SPAC News: MercadoLibre narrows its potential targets down to 30 firms, Mirion Technologies acquires Dosimetry Badge, and Redbox partners with Comcast’s FreeWheel


MercadoLibre SPAC Has 30 Latin America Tech Firms In Its Sights

E-commerce giant MercadoLibre Inc.’s

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Helix Acquisition Corp. (HLXA) to Combine with Moonlake Immunotherapeutics in $360M Deal

Helix (NASDAQ:HLXA) has entered into a definitive agreement to combine with biotech firm Moonlake at a pre-money valuation of $360 million and a pro forma equity value of $620 million at close. Schweiz, Switzerland-based Moonlake is developing three drugs to treat different forms of psoriasis disorders that are set to enter Phase II trials in
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The Latest SPAC News and Rumors: October 1, 2021


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

Latest SPAC News: Solid Power awarded $12.5 million to develop nickel- and cobalt-free all-solid-state battery cells; MSP Recovery enters into $3 billion agreement with Virage Capital Management


Solid Power Awarded Up To $12.5 Million to Develop Nickel- and Cobalt-Free All-Solid-State Battery Cells

Solid Power, Inc.,

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