Cactus Acquisition Corp. 1 (CCTSU) Prices Upsized $110M IPO

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IPO-Pricing

Spartacus Acquisition Corp. (TMTS) Shareholders Approve NextNav Deal

Spartacus Acquisition Corp. (NASDAQ:TMTS) announced in a press release today that it secured shareholder approval of its combination with GPS mapping company NextNav in a special meeting held yesterday. Although Spartacus did not disclose redemption numbers, TMTS traded above $10 throughout its redemption deadline October 25. The deal was closed today and the combined company
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The Latest SPAC News and Rumors: October 28, 2021


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

Latest SPAC News: Solid Power partners with SK Innovation, ex-Barclays banker Azar sees more SPAC scrutiny following crackdown, and Cantor plans hiring spree


Solid Power Partners with SK Innovation to Jointly Produce All-Solid-State-Batteries

Solid Power, Inc.,

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Gores Metropoulos II (GMII) Re-Strikes Deal with Sonder

Gores Metropoulos II (NASDAQ:GMII) announced this morning it has revised its deal with accommodation-booker Sonder and increased funding for the transaction. The revision drops Sonder’s envisaged enterprise value 12.5% from $2.2 billion to $1.925 billion, but for Sonder this is softened by $110 million in new funding into the PIPE from Gores II affiliates and
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Decarbonization Plus III (DCRC) Adds $30M to Solid Power PIPE

Decarbonization Plus III (NASDAQ:DCRC) has boosted the PIPE for its combination with battery-maker Solid Power, adding $30 million in new funding. The new funding comes from Korean petroleum refiner SK Innovation (KRX:096770) and brings the deals total PIPE proceeds to $195 million. This brings Decarbonization Plus III closer to securing its $300 million minimum cash
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Focus Impact Acquisition Corp. (FIACU) Prices $200M IPO

Oct 28, 2021 IPOs by Marlena Haddad

Focus Impact Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FIACU” Thursday, October 28.

The new SPAC intends to focus its search on businesses that are, or seek to be positioned as, a “Social-Forward Company”, which are companies that marry operating excellence with the desire to create Social good, with the benefit of increasing attention and capital flows to such companies while amplifying their social impact.

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Perception Capital Corp. II (PCCTU) Prices $200M IPO

Oct 27, 2021 IPOs by Marlena Haddad

Perception Capital Corp. II  announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PCCTU” Thursday, October 28.

The new SPAC intends to concentrate its efforts on identifying and acquiring a technology-enabled company with a proven business model operating within one of the multiple sectors benefitting from secular tailwinds in industrial technology, which includes businesses focused on: mobility and autonomous motion, automation components and systems, material handling solutions, robotics, additive manufacturing, Internet of Things and connectivity; as well as the sustainability sector with businesses focused on: energy storage, advance battery technologies, the hydrogen economy, waste-to-energy, renewable energy, recycling, building energy management and technologies for clean food, water and air.

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Trident (TDAC) Pre-Announces Light Redemptions with Lottery.com

Trident Acquisition Corp. (NASDAQ:TDAC) pre-announced its redemption amounts this afternoon in a press release ahead of its shareholder meeting tomorrow to vote on its combination with mobile app and data provider Lottery.com. TDAC reported that just 21,000 shares of its common stock were redeemed in connection with its proposed business combination. Stockholders holding 5,765,400 shares,
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Mountain Crest Acquisition Corp. II (MCAD) Shareholders Approve Better Therapeutics Deal

Mountain Crest Acquisition Corp. II (NASDAQ:MCAD) announced in a press release that it secured shareholder approval of its combination with biopharmaceutical firm Better Therapeutics in a special meeting held earlier today. Although the press release did not disclose redemption amounts, MCAD traded below $10 throughout its redemption deadline October 25.  However, the SPAC reached a
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Greenrose Acquisition Corp. (GNRS) Shareholders Approve Cannabis Deal

Greenrose Acquisition Corp. (NASDAQ:GNRS) secured shareholder approval of its combination with four cannabis companies, Shango, Futureworks LLC, Theraplant LLC, and True Harvest LLC, in a special meeting held earlier today. A total of 15,529,504 shares of common stock, representing approximately 70.93% of the voting power, were present at today’s meeting. GNRS, which raised $172.5 million
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Broadstone Acquisition Corporation (BSN) Adds $205M to Vertical Deal

Broadstone (NYSE:BSN) announced this morning that it has lined up $205 million in additional funding for its combination with electric airplane-maker Vertical Aerospace (“Vertical”). This new cash will come in the form of $200 million in convertible senior secured notes bought by Mudrick Capital and a $5 million investment from Kouros into the PIPE. This
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The Latest SPAC News and Rumors: October 27, 2021


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

Latest SPAC News: Tim Hortons China hits 300 stores, Science 37 collaborates with 3H Medi Solution to enable decentralized clinical trials in Japan, and DocGo triples third quarter revenues


Tim Hortons China Hits 300 Stores Undeterred by Listing Delay

TH International Ltd.,

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TKB Critical Technologies 1 (USCTU) Prices $200M IPO

Oct 27, 2021 IPOs by Marlena Haddad

TKB Critical Technologies 1  announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “USCTU” Wednesday, October 27.

The new SPAC intends to target companies that provide critical technologies in the industrial base supply chain recognized by the United States Government as necessary to maintain the United States’ technological superiority and national security.

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Digital World DWAC files Additional Documents on Trump Deal

Oct 26, 2021 INTEL by Kristi Marvin
Digital World Acquisition Corp. (Nasdaq: DWAC), filed their  additional documentation tonight in the form of their merger agreement, voting agreement and lock-up agreement. However, information is still light around the actual company, Trump Media & Technology Group (“TMTG”). While it would have been preferable to at least get a look at a slide deck or
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