MedTech Acquisition Corp (MTAC) to Combine with TriSalus Life Sciences in $234M Deal

MedTech Acquisition Corp (MTAC) to Combine with TriSalus Life Sciences in $234M Deal

MedTech Acquisition Corporation (NASDAQ:MTAC) has entered into a definitive agreement to combine with drug developer TriSalus Life Sciences at an enterprise value of $234 million. Denver-based TriSalus is developing a range of cancer treatments that utilize the company’s approved and commercialized medical device. The combined company is expected to trade on the Nasdaq under the
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Kingswood Acquisition Corp. (KWAC) Adjourns Extension Vote

Kingswood Acquisition Corp. (NYSE:KWAC) announced this morning that it is adjourning tomorrow’s special meeting from November 15, to November 18.

Similar to the issues Digital World (Nasdaq: DWAC) is having with its own extension vote, Kingswood disclosed that the meeting is being adjourned in order to solicit more votes toward the approval to further extend to May 24, 2023.

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TLG Acquisition One Corp. (TLGA) to Combine with Electriq Power in $620M Deal

TLG Acquisition One Corp. (NYSE:TLGA) has entered into a definitive agreement to combine with energy storage provider Electriq Power at a pro forma enterprise value of $620 million, or 4.6x 2023E revenue. The West Palm Beach, Florida-based company provides intelligent energy storage and management solutions for residential and businesses across the U.S. The combined company is expected
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Parabellum Acquisition Corp. (PRBM) to Combine with EnOcean in $167M Deal

Parabellum (NYSE:PRBM) has entered into a definitive agreement to combine with internet of things (IoT) device-maker EnOcean at an enterprise value of $166.9 million. Oberhaching, Germany-based EnOcean makes low-power IoT devices for smart buildings and offices. The combined company is expected to trade on the NYSE under the symbol “SIOT” once the deal is completed
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New SPAC: Pono Capital Three, Inc. Files for $100M IPO

Pono Capital Three, Inc. (NASDAQ:PTHR) filed its S-1 yesterday afternoon for a $100 million IPO as the third SPAC to file for an IPO in November thus far. The SPAC will seek a target in the disruptive technology sector with a spotlight on companies in Asia with Japan in particular. Pono Capital Three has stated that
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New SPAC: Alkaid Acquisition Corp. Files for $50M IPO

Alkaid Acquisition Corp. (NASDAQ:ALKD) filed its S-1 yesterday afternoon for a $50 million IPO, marking the fourth SPAC to file for an IPO in November thus far. Although the new SPAC’s efforts to identify a target business will not be limited to a particular industry or geographic region, it intends to focus on the Internet
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The Latest SPAC News and Rumors: November 11, 2022

 


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

Latest SPAC News: Polestar Q3 loss narrows, DWAC has wild ride triggered by midterm elections, and Cvent partners with Zoom for live events


Polestar Q3 loss narrows, expects hit from rising costs

Polestar (NASDAQ:PSNYW) on Friday reported a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, sending shares soaring 29% in early trading.

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Blockchain Coinvestors Acquisition Corp. I (BCSA) to Combine with Qenta in $622M Deal

Blockchain Coinvestors I (NASDAQ:BCSA) has entered into a definitive agreement to combine with crypto fintech firm Qenta at an enterprise value of $622 million. The Houston-based company has created a crypto investment and payments platform with its G-Coin backed by sustainably produced physical gold. The combined company is expected to trade on the Nasdaq once
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The Latest SPAC News and Rumors: November 10, 2022

 


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

Latest SPAC News: Forbes enters into exclusive buyout talks with investor group, Intuitive Machines mission control cleared to track Artemis I, and court partially rebukes securities suit against Virgin Galactic SPAC deal


Forbes enters into exclusive buyout talks with investor group 

Business news and information publisher Forbes said on Wednesday it has entered into “exclusive discussions” with an investor consortium for the sale of the company.

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Murphy Canyon (MURF) to Combine with Conduit Pharmaceuticals in $700M Deal

Murphy Canyon (NASDAQ:MURF) has entered into a definitive agreement to combine with drug developer Conduit Pharmaceuticals at an enterprise value of $700.5 million. London-based Conduit is working to develop a range of treatments licensed from AstraZeneca (NASDAQ:AZN) with the aim of exiting these assets following the completion of Phase II trials. The combined company is
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