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Alussa Energy Acquisition Corp. (ALUS) to Combine with FREYR in $1.4Bn Deal

Alussa Energy Acquisition Corp. (ALUS) to Combine with FREYR in $1.4Bn Deal

Jan 29, 2021 INTEL by Matt Cianci
Alussa Energy Acquisition Corp. (NYSE:ALUS) has entered into a definitive agreement to combine with Norwegian battery producer, FREYR, at a pro forma enterprise value of $529 million and an equity value of $1.377 billion. This represents an EV/’25e EBITDA of 0.8x. FREYR is developing environmentally friendly lithium-ion based battery cell facilities in Mo i Rana,
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Andina Acquisition Corp. III (ANDA) to Combine with Stryve Foods in $170Mn Deal

Jan 28, 2021 INTEL by Kristi Marvin
Andina Acquisition Corp. III (ANDA) announced this morning that it had entered into a definitive business combination agreement with Stryve Foods, an emerging healthy snacking platform. Stryve’s flagship Beef Biltong product is a high protein meat snack with 0g sugar. Stryve products are available through their website, Amazon, and over 17,000 retail stores across the U.S.
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Property Solutions Acquisition Corp (PSAC) to Combine with Faraday Future in $2.6Bn Deal

Property Solutions Acquisition Corp. (NASDAQ:PSAC) has entered into a definitive agreement to combine with electric vehicle (EV) maker Faraday Future at an enterprise value of $2.6 billion. Faraday Future manufactures luxury electric cars and about 14,000 buyers have made reservations to pre-order its flagship model FF91. The combined entity is expected to remain listed on
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VG Acquisition Corp. (VGAC) in Talks with 23andMe

Jan 27, 2021 INTEL by Kristi Marvin
VG Acquisition Corp. (NYSE: VGAC) is reportedly in talks to merge with DNA-testing company 23andMe Inc. and take it public, according to Bloomberg. The deal would be valued at roughly $4 billion and could be announced in the coming weeks if talks are successful. Co-Founded by Linda Avey and Anne Wojcicki in 2006, 23andme sells
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