Riverview Acquisition Corp. (NASDAQ:RVAC) announced this afternoon that its shareholders approved its combination with coffee and tea supplier Westrock Coffee at a special meeting earlier today.
At the special meeting, a total of 24,469,389 shares, or 78.3% of RVAC’s issued and outstanding shares of common stock were present.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announced that the Janssen Biotech, Inc.
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LMF (NASDAQ:LMAO) announced this afternoon that it has entered into a common stock purchase agreement, a registration rights agreement, and has secured a PIPE in connection to its combination with clinical biotech firm SeaStar Medical.
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Blue Owl (NYSE:OWL), which completed its combination with Altimar Acquisition Corp. in May 2021, announced the results of the redemption of its outstanding redeemable warrants.
Pursuant to the amended Warrant Agreement, Blue Owl redeemed its warrants for a redemption price of $0.10 per Public Warrant at 5:00 p.m.
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Riverview Acquisition Corp. (NASDAQ:RVAC) announced in an 8-K filing this afternoon that about 73.5% of its shares were redeemed ahead of its vote to complete its combination with coffee and tea supplier Westrock Coffee.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Endurance Acquisition Corp. (NASDAQ:EDNC) announced in an 8-K filing this morning that it has made a pair of amendments to its combination with satellite hardware-maker Satixfy, lowering its valuation and introducing sponsor concessions.
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Software Acquisition Group III (NASDAQ:SWAG) announced that its shareholders approved its combination with software firm Nogin at a special meeting yesterday.
The SPAC tipped in an 8-K yesterday that about 82.7% of its shares were redeemed in connection with its vote.
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E.Merge Technology Acquisition Corp. (NASDAQ: ETAC) announced this afternoon that it intends to dissolve and liquidate its trust due to its inability to complete a business combination.
The SPAC anticipates that the public shares will cease trading as of the close of business on September 4, 2022, and will redeem all of its outstanding shares from its IPO for approximately $10.06 per share.
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Software Acquisition Group III (NASDAQ:SWAG) announced in an 8-K filing this morning that about 82.7% of its shares were redeemed in connection with its vote to complete its combination with software firm Nogin earlier today.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Today, the video-sharing platform Rumble announced the launch of the beta version of Rumble Ads, which will be open to all verified businesses.
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Social Capital Suvretta I (NASDAQ:DNAA) announced in an 8-K this afternoon that its shareholders have approved its combination with digital medicine company Akili Interactive at a special meeting held yesterday.
Approximately 99.09% of DNAA shareholders opted to redeem their shares, leaving just 227,252 shares left in the SPAC’s trust.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hyzon Motors (NASDAQ:HYZN) has ousted CEO Craig Knight because of a financial quagmire over how the trucking fuel cell maker reported revenue in China and managed internal financial controls.
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Silver Crest (NASDAQ:SLCR) announced in an 8-K this morning that its shareholders have approved its combination with TH International at a special meeting yesterday.
About 99% of shareholders opted to redeem shares, however, which is the highest amount since CC Neuberger II closed its combination with Getty Images (NYSE:GETY) last month.
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SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies producing either drones or robots taking over jobs in the inflation-stricken economy. We look at why they are compelling and why each could be a fit for a blank-check merger.
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Bright Lights (NASDAQ:BLTS) announced this afternoon that it has mutually terminated its combination with MANSCAPED, effective immediately.
On August 15, 2022, BLTS received a letter from Manscaped purporting to terminate the BCA and the parties entered into the termination agreement today.
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