Goldenbridge Acquisition Limited (Nasdaq: GBRG) announced this afternoon that it has completed its business combination with digitalized auto services provider Auto Services Group through its indirect majority-owned subsidiary Sun Car Online Insurance Agency.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
An acquisition company backed by serial dealmaker Martin E.
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Metals Acquisition Corp. (NYSE:MTAL) has again secured further funding for its PIPE in connection to its business combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this afternoon that it has executed $35 million in committed financing.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
AlTi Global Inc. (NASDAQ:ALTI)
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Fintech Ecosystem (NASDAQ:FEXD) announced in an 8-K this morning that it has terminated its business combination with financial services provider Rana.
The filing noted that the deal was terminated well before its September 12 outside date because Rana failed to provide audited financial statements to the other parties in a timely manner.
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As previously reported, PowerUp Sponsor LLC, the sponsor of PowerUp Acquisition Corp. (NASDAQ:PWUP), and the company, entered into several Non-Redemption Agreements and Assignment of Economic Interests with certain unaffiliated third parties.
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Pontem Corporation (NYSE: PNTM) today announced that it will redeem all of its outstanding Class A ordinary shares, effective on or about the close of business on May 30.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Shares of Vingroup JSC jumped after announcing its electric vehicle maker unit will list in the US by merging with a blank-check company at an equity value of about $23 billion.
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TH International Limited (“Tims China”) (NASDAQ: THCH), the coffee shop chain that combined with Silver Crest, announced this afternoon that it has launched an offer to exchange all outstanding warrants for 0.24 Class A shares each.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
The Board of the International Organization of Securities Commissions (IOSCO), has published a final report on Special Purpose Acquisition Companies (SPACs), which aims to help its members review or improve their approach to these companies.
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Yesterday evening, RMG Acquisition Corp. III (RMGC) filed their documents in regards to their announced combination with H2B2 Electrolysis Technologies, Inc., but also included was that they intend to do a warrant conversion for shares for both the public and private warrants.
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EG Acquisition Corp. (NYSE:EGGF) announced this morning that it is pushing its extension vote from today to 12 pm ET May 19 to give it more time to engage with shareholders.
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Chain Bridge I (NASDAQ:CBRG) announced this morning that third-party investors had completed the purchase of 175,000 shares on the open market as a part of non-redemption agreements the SPAC has arranged.
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Post Holdings Partnering Corporation (NYSE: PSPC) today announced that its board of directors has decided to redeem all of its outstanding shares of Series A common stock, with such redemption anticipated to be effective as of May 30.
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