Decarbonization Plus Acquisition Corp. (DCRB) Shareholders Approve Hyzon Deal

Jul 15, 2021 INTEL by Marlena Haddad

Decarbonization Plus Acquisition Corp. (NASDAQ:DCRB) announced in a press release today that its shareholders approved its combination with hydrogen vehicle-maker Hyzon Motors Inc. in a meeting held earlier this morning.

Approximately 95% of the votes cast on the business combination proposal at the meeting were in favor of the transaction with only 2,089,323 shares opting to redeem at $10.00 per share.

NewHold Investment Corp. (NHIC) Shareholders Approve Evolv Deal

Jul 15, 2021 INTEL by Marlena Haddad

NewHold Investment Corp. (NASDAQ:NHIC) announced in a press release today that its shareholders approved its combination with AI touchless security screening company Evolv Technology (“Evolv”) in a meeting held earlier this morning.

Reinvent Technology Partners Y (RTPY) to Combine with Aurora in $10.5Bn Deal

Jul 15, 2021 INTEL by Nicholas Alan Clayton

Reinvent Y (NASDAQ:RTPY) has entered into a definitive agreement to combine with autonomous vehicle company Aurora at an enterprise value of $10.5 billion, or 5.3x its 2027E revenue. Aurora is developing driverless-car technology for use in both the logistics and taxi markets with its first roll-outs slated for 2023. The combined company is expected to
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The Latest SPAC News and Rumors: July 15, 2021

Jul 15, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Britishvolt considers London listing, Eli, Peyton Manning-backed BBQGuys in talks with Velocity, and Hong Kong’s Prenetics plans $1.3 billion SPAC merger

U.K.

Longview Acquisition Corp. II (LGV) to Combine with HeartFlow in $2.4Bn Deal

Jul 15, 2021 INTEL by Nicholas Alan Clayton

Longview II (NYSE:LGV) has entered into a definitive agreement to combine with medtech firm HeartFlow at an enterprise value of $2.37 billion, or 11.6x its 2023E revenue. Redwood City, California-based HeartFlow provides tools for visualizing blood circulation around the heart, giving physicians insights into further treatment options. The combined company will trade on the NYSE
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Empower Ltd. (EMPW) Shareholders Approve Holley Deal

Jul 15, 2021 INTEL by Marlena Haddad

Empower Ltd. (NYSE:EMPW) announced in a press release today that its shareholders approved its combination with automotive parts company Holley Intermediate Holdings in a meeting held yesterday morning. The press release did not mention any redemption numbers, but EMPW traded above $10 on its redemption deadline July 12 and opened today at $10.11. The transaction
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GX Acquisition Corp. (GXGX) Shareholders Approve Celularity Group Deal

Jul 15, 2021 INTEL by Marlena Haddad

GX Acquisition Corp. (NASDAQ:GXGX) announced in an 8-K filing this morning that its shareholders approved its combination with clinical stage biotech firm Celularity in a meeting earlier this morning. Shareholders redeemed 9,174,705 share in connection with the vote, however, removing about $93.6 million (about 73%) from its $128 million trust. This is the latest in
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TradeUP Acquisition Corp. (UPTDU) Prices $40M IPO

Jul 14, 2021 IPOs by Marlena Haddad

TradeUP Acquisition Corp. announced the pricing of its $40 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “UPTDU” Thursday, July 15.

The new SPAC aims to combine with a technology target preferable with operations in the automotive or automotive-related, semiconductor, artificial intelligence, digital health, e-commerce and education sectors.

one (AONE) Shareholders Approve Markforged Deal

Jul 14, 2021 INTEL by Marlena Haddad

one (NYSE:AONE) announced in a press release today that its shareholders approved its combination with additive manufacturing company Markforged in a meeting held yesterday. The press release did not mention redemption numbers, but AONE traded above $10.00 throughout its redemption deadline July 9. In connection with the closing of the transaction, Markforged received approximately $361
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CleanTech Acquisition Corp. (CLAQU) Prices $150M IPO

Jul 14, 2021 IPOs by Marlena Haddad

CleanTech Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CLAQU” Thursday, July 15.

The new SPAC aims to combine with a disruptive mission-driven target that aims to contribute towards shifting the world away from carbon dependency and facilitating a greener future.

Sandbridge Acquisition Corp. (SBG) Shareholders Approve Owlet Deal With Heavy Redemptions

Jul 14, 2021 INTEL by Marlena Haddad

Sandbridge Acquisition Corp. (NYSE:SBG) announced in an 8-K filing today that its shareholders approved its combination with health technology company Owlet Baby Care, Inc., in a meeting earlier this morning, but saw 19,758,773 shares, or 86%, redeemed in connection to the vote. As a result, there will be just $32.4 million remaining in the trust
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The Latest SPAC News and Rumors: July 14, 2021

Jul 14, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: A-Rod’s Slam SPAC in talks to merge with Italy’s Panini Group, France’s Billionaire Pinault family joins SPAC rush in Europe, and Li-Cycle and Helbiz partner to advance battery recycling in micro-mobility

A-Rod’s Slam SPAC Is in Merger Talks With Italy’s Panini Group

Alex Rodriguez’s blank-check firm Slam Corp.

Rodgers Silicon Valley Acquisition Corp. (RSVA) Shareholders Approve Enovix Deal

Jul 14, 2021 INTEL by Marlena Haddad

Rodgers Silicon Valley Acquisition Corp. (NASDAQ:RSVA) announced in a press release today that its shareholders approved its combination with next-generation 3D Silicon™ Lithium-ion battery manufacturer Enovix at a special meeting held on July 12.

JATT Acquisition Corp. (JATT.U) Prices $120M IPO

Jul 14, 2021 IPOs by Marlena Haddad

JATT Acquisition Corp. announced the pricing of its $120 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “JATT.U” Wednesday July 14.

Landcadia III (LCY) Shareholders Approve Hillman Group Deal

Jul 13, 2021 INTEL by Marlena Haddad

Landcadia Holdings III, Inc. (NASDAQ:LCY) announced in an 8-K filing that its shareholders approved its combination with hardware and home improvement company Hillman Group in a meeting earlier this morning.

At the meeting, a total of 51,513,752, or 82.42%, of the company’s issued and outstanding shares were present.

SEC Charges Stable Road and Momentus Executives with Misinforming Public on Technology and Risks

Jul 13, 2021 INTEL by Nicholas Alan Clayton

Stable Road (NASDAQ:SRAC) and its troubled combination with space venture Momentus took another big hit today as the SEC announced charges against all parties in an afternoon press release. Stable Road, its sponsor, its CEO Brian Kabot and Momentus’ former CEO Mikhail Kokorich each individually face charges of misleading investors about the advancement of Momentus’
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The Latest SPAC News and Rumors: July 13, 2021

Jul 13, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: SEC focuses on bank fee conflicts with SPACs, Policygenius in talks to merge with PWP Forward, and Temasek says some of its portfolio companies are looking at SPAC mergers

U.S.

CBRE Acquisition Holdings (CBAH) to combine with Altus Power in $1.6Bn Deal

Jul 13, 2021 INTEL by Nicholas Alan Clayton

CBRE Acquisition Holdings, Inc. (NYSE:CBAH) has entered into a definitive agreement to combine with renewable energy firm Altus Power at an enterprise value of $1.6 billion, or 14.3x its 2022E EBITDA. Greenwich, Connecticut-based Altus Power has built or acquired distributed generation solar facilities totaling about 265 megawatts (MW) and provides generation facilities for commercial, residential
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Ivanhoe Capital Acquisition Corp. (IVAN) to Combine with SES in a $2.6Bn Deal

Jul 13, 2021 INTEL by Nicholas Alan Clayton

Ivanhoe (NYSE:IVAN) has entered into a definitive agreement to combine with EV battery-maker SES at an enterprise value of $2.675 billion, or 5.5x its 2025E revenue. Singapore-based SES is developing a hybrid lithium-metal rechargeable battery for electric vehicles with full production expected to launch in 2025. The combined company is expected to trade on the
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ARYA Sciences Acquisition Corp. V (ARYE) Prices $130M IPO

Jul 12, 2021 IPOs by Marlena Haddad

ARYA Sciences Acquisition Corp. V announced the pricing of its $130 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ARYE” Tuesday, July 13.