SPACs attract short sellers and the latest round between these two forces involved a strongly-worded statement by Hyzon Motors (NASDAQ:NYZN) pushing back point-by-point on a report by Blue Orca that dropped last Tuesday. Hyzon initially plummeted 37% from $9.21 to a low of $5.80 in the days following the report’s publication, but the company is already
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The SPAC boom has House Democrats mulling an aggressive response: largely ban Wall Street from marketing blank-check companies to retail investors.
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Crixus BH3 Acquisition Company announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BHACU” Tuesday, October 5.
The Company intends to focus its efforts on businesses that manage, finance, operate, construct, control, own or support real estate or which derive a large component of revenue from real estate, construction or infrastructure related activities. Crixus
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Mount Rainier Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RNERU” Tuesday, October 5.
The Company intends to focus on established, technology-focused businesses either in the United States or internationally that have an aggregate enterprise value of approximately $500 million to $2.0 billion.
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Goldenbridge (NASDAQ:GBRG) has entered into a definitive agreement to combine with work solutions provider AgiiPlus at an enterprise value of $578 million, or 10.5x its 2020 revenue.
Shanghai-based AgiiPlus provides flexible office space and software solutions to businesses in China and Singapore.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
E-commerce giant MercadoLibre Inc.’s
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Solid Power, Inc.,
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dMY Technology Group, Inc. VI announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the NYSE under the symbol “DMYS.U” Friday, October 1.
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SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the companies changing the way food and beverages are produced. We look at why they are compelling and why each could be a fit for a blank-check merger.
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Marblegate Acquisition Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GATEU” Friday, October 1.
The Company aims to identify, acquire and build an under-covered enterprise that has recently gone through a restructuring within a niche market.
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Monterey Bio Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MTRYU” Friday, October 1.
The Company intends to partner with a biotech company, specifically within the oncology or immunology sector, that has demonstrated success and is primed to thrive in the rapidly evolving biotech industry.
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Kensington Capital Acquisition Corp. II (NYSE:KCAC) secured shareholder approval of its combination with electric vehicle (EV) charging station provider Wallbox today after obtaining an additional PIPE for the deal.
Holders of 22,013,340 shares of KCAC were present at today’s meeting, representing 76.56% of the voting power.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Electric-truck maker Lordstown Motors Corp.
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Kensington II (NYSE:KCAC) announced this morning that it has arranged an additional $11 million PIPE for its deal with EV-charger Wallbox that saw redemptions drop its funds below the minimum cash condition.
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Artemis Strategic Investment Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARTEU” Thursday, September 30.
The Company intends to combine with targets in the gaming, hospitality and entertainment industries, including transformational technology companies operating in these industries. Artemis
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Home Plate Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HPLTU” Thursday, September 30.
The Company intends to focus its efforts on identifying high growth, U.S.
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Cerberus Telecom (NYSE:CTAC) announced in an 8-K filing today that its shareholders approved its combination with internet-of-things (IoT) provider KORE Wireless at a shareholder vote held earlier today.
A total of 22,240,970 shares were redeemed in connection with the meeting, removing 85.76% of the SPAC’s trust and leaving $36.9 million remaining.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.