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The Latest SPAC News and Rumors: March 3, 2022

 


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

Latest SPAC News: Palihapitiya sued over insider sale of Virgin Galactic shares and CaixaBank collaborates with D-Wave on new quantum applications

Palihapitiya Sued Over Insider Sale of Virgin Galactic Shares

Chamath Palihapitiya took advantage of his insider role as chairman of Virgin Galactic Holdings Inc.

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Provident Acquisition Corp. (PAQC) to Combine with Perfect Corp. in $1Bn Deal

Provident (NASDAQ:PAQC) has entered into a definitive agreement to combine with beauty tech brand Perfect Corp. at an enterprise value of $1.02 billion, or 16.9x its 2022E revenue. Perfect provides augmented reality solutions to allow consumers to virtually try on clothing and cosmetics before buying. The combined company is expected to trade on the Nasdaq
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The Latest SPAC News and Rumors: March 2, 2022

 


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

Latest SPAC News: Ecarx weighs $4B SPAC merger, road-side assistance firm Urgently in Graf merger talks, and Polestar unveils concept car

Geely-Backed Ecarx Weighs SPAC Merger at $4 Billion Value

Smart car technology company Ecarx Co.,

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The Latest SPAC News and Rumors: March 1, 2022

 


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

Latest SPAC News: Circle’s Allaire says crypto is ‘double-edged sword’ amid war, HKMA’s former chief files SPAC listing, and judge says Palihapitiya must face Clover shareholders’ lawsuit

Crypto is ‘Double-Edged Sword’ Amid War, Circle’s Allaire Says

Circle Internet Financial’s Jeremy Allaire said Russia’s attack on Ukraine highlights the paradox of cryptocurrencies for both participants and regulators.

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Pacifico Acquisition Corp. (PAFO) Signs Letter of Intent with Caravelle

Paciifico (NASDAQ:PAFO) has signed a letter of intent (LOI) to combine with sustainable shipping company Caravelle. Singapore-based Caravelle has developed a technology for drying wet lumber aboard shipping vessels to reduce emissions and processing times. Transaction Overview Pacifico has about $57.5 million in trust and has supplemented this with a private equity-funded PIPE of undisclosed
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The Latest SPAC News and Rumors: February 28, 2022

 


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

Latest SPAC News:  Michael Andretti hunts for SPAC target beyond Formula One and Trinity Capital provides $25M growth capital to Cepton Technologies

Michael Andretti Hunts for SPAC Target Beyond World of Formula One

Michael Andretti speaks with Bloomberg on trying to find a target to merge with his SPAC Andretti Acquisition Corp.

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Delwinds Insurance (DWIN) to Combine with FOXO Technologies in $369M Deal

Delwinds (NYSE:DWIN) has entered into a definitive agreement to combine with epigenetic firm FOXO Technologies Inc. at an enterprise value of $369 million. Minneapolis, Minnesota-based FOXO Technologies utilizes AI-driven bioinformatics and technologies to develop and commercialize epigenetic biomarkers of health and aging. This allows insurers to personalize the consumer experience and support the healthy longevity
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