SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in hospitality. We look at why they are compelling and why each could be a fit for a blank-check merger.
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Forum Merger III Corp. (NASDAQ:FIII) announced in a press release that its shareholders approved its combination with electric vehicle (EV) company Electric Last Mile Inc., at a special meeting earlier today.
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Forest Road Acquisition Corp. (NYSE:FRX) announced in a press release that its shareholders approved its combination with consumer fitness firms the Beachbody Company and Myx Fitness Holdings at a special meeting earlier today.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Bill Ackman said he has already re-engaged with a potential target for his remaining SPAC after reaching a deal to buy a 10% stake in Universal Music Group before its spinoff from Vivendi SE this year.
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Northern Lights Acquisition Corp. announced the pricing of its $100M IPO and its units are expected to begin trading on the Nasdaq under the symbol “NLITU” Thursday, June 24.
The new SPAC aims to combine with a cannabis target that has an enterprise value ranging from $200 million to $500 million.
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FinTech Acquisition Corp. VI announced the pricing of its $220M IPO and its units are expected to begin trading on the Nasdaq under the symbol “FTVIU” Thursday, June 24.
The new SPAC aims to combine with a financial technology target that has a diversified customer and supplier base.
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Artius Acquisition Inc. (NASDAQ:AACQ) announced in an 8-K filing that its shareholders approved its combination with West-Sacramento zero-carbon materials company Origin Materials at a special meeting earlier today.
A total of 58,972,042 Artius shares, representing approximately 65.11% of the outstanding ordinary shares entitled to vote, were present at the meeting.
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FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) announced in a press release that its shareholders approved its combination with payments firm Payoneer at a special meeting earlier today.
The press release did not disclose redemptions, however, 97.8% of the votes cast at the meeting voted to approve the business combination.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Cryptocurrency exchange Bullish, backed by billionaire Peter Thiel, is in talks to merge with SPAC Far Peak Acquisition Corp.
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Coliseum Acquisition Corp. announced the pricing of its $150M IPO and its units are expected to begin trading on the Nasdaq under the symbol “MITAU” Wednesday, June 23.
The new SPAC aims to combine with a target that has an enterprise value between $500 million and $2.5 billion and has strong and differentiated brands.
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FinTech Acquisition Corp. IV (NASDAQ:FTIV) announced in a press release that its shareholders approved its combination with global financial services firm Perella Weinberg Partners at a special meeting earlier today.
Approximately 99.9% of the votes cast at the meeting, representing approximately 79.24% of FinTech IV’s outstanding shares, voted to approve the business combination.
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Thoma Bravo Advantage (NYSE:TBA) announced in a press release that its shareholders approved its combination with publishing platform ironSource at a special meeting earlier today.
More than 96% of the votes cast at the meeting voted to approve the business combination and holders of approximately 86% of TBA’s issued and outstanding shares cast votes.
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