First Light Acquisition Group, Inc. (NYSE:FLAG) announced in an 8-K this morning that it has brought additional funding to its combination with Calidi Therapeutics through a non-redemption agreement, forward purchase agreement (FPA) and PIPE.
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Northern Revival Acquisition Corp. (NASDAQ:NRAC) announced this afternoon that it adjourned today’s vote for a proposal to extend its completion deadline.
The SPAC stated that the meeting was adjourned due to technical difficulties with telephone connectivity and will be reconvened on August 31, at 2:00 p.m.
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Crixus BH3 Acquisition Company (NASDAQ:BHAC) intends to discontinue its pursuit of an initial business combination and liquidate its trust account.
HNR Acquisition Corp. (NYSE:HNRA) announced this afternoon that it has reworked its combination with oil developer Pogo Resources to purchase all of the equity interests of the target.
The SPAC amended the membership interest purchase agreement to revise the purchase price to an aggregate amount of $63 million in cash plus two million shares of a new class of Class B Common Stock, which have no economic rights, and two million units in the company’s newly-formed subsidiary, HNRA Upstream, LLC, which are exchangeable for two million shares of newly created Class A Common Stock.
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The Growth for Good Acquisition Corporation (NASDAQ: GFGD) announced in a press release today that it has once again adjourned its special meeting, marking the third postponement for shareholders to vote on the SPAC’s combination with EV-maker ZeroNox.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Chinese steel trading website Zhaogang.com
Fusion Acquisition Corp. II (NYSE:FSNB) announced this morning that it has signed a non-binding letter-of-intent (LOI) to combine with transportation technology company Hyperloop Transportation Technologies for, so far, undisclosed terms.
The news comes within teasing distance of Fusion II’s extension vote scheduled for 11 am ET this morning.
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Graf Acquisition Corp. IV (NYSE:GFOR) announced this morning that it plans to adjourn today’s vote to complete its combination with NKGen without conducting any business.
The special meeting will be pushed to 10:30 am ET September 8.
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On August 23, the NYSE notified African Gold Acquisition Corporation (NYSE:AGAC) that it had determined to commence proceedings to delist from the exchange due to the company’s inability to file its quarterly and annual reports.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
After going public in 2021, Irving-based IT services company AgileThought Inc. (NASDAQ:
Viveon Health (NYSE:VHAQ) announced this morning that it has amended its combination with Clearday to double the equity consideration the target will receive to $500 million from $250 million.
This does not include options, warrants and the 5,000,000 shares Clearday shareholders may receive through an earnout if it achieves profitability over a 12-month period within five years of close.
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First Light Acquisition Group, Inc. (NYSE:FLAG) announced in an 8-K this morning that it has both secured shareholder approval for its combination with Calidi Therapeutics and entered into a forward purchase agreement (FPA) covering up to 340,000 shares to support it.
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On August 25, Northern Star III Sponsor LLC, the sponsor of Northern Star Investment Corp.
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Athena Consumer Acquisition Corp. (NYSE: ACAQ) announced this afternoon that it has amended its business combination with EV-maker e.GO, marking the fourth amendment to the deal.
The modifications, implemented on August 25, involve revising both the warrant exchange and the earn-out agreement.
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The Growth for Good Acquisition Corporation (NASDAQ: GFGD) announced in a press release today that it convened and then adjourned, without conducting any other business, its special meeting to August 30 at 10:00 a.m.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Hostess Brands Inc (NASDAQ:TWNK), the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday.
Fifth Wall III (NASDAQ:FWAC) announced today that it has closed its combination with parking asset owner Mobile Infrastructure, and the combined company’s stock began trading on the NYSE American under the symbol “BEEP” today.
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CF VIII (NASDAQ:CFFE) announced in an 8-K this morning that its shareholders voted to approve its combination with B2B software firm Exela at a special meeting August 24.
The SPAC has not yet shared its redemption figures from the vote, but had already dispersed about 94.2% of its trust through earlier extension votes.
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Denali Capital (NASDAQ:DECA) announced in an 8-K that it has added $18 million in equity funding to its combination with biotech firm Longevity through the sale of newly issued series A preferred shares.
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