STOP THE WAR! Let’s support Ukraine Together

Rosecliff Acquisition Corp. I (RCLF) to Combine with Spectral MD in $170M Deal

spectral-md-logo2

Rosecliff Acquisition Corp. I (RCLF) to Combine with Spectral MD in $170M Deal

Rosecliff Acquisition Corp. I (NASDAQ:RCLF) has entered into a definitive agreement to combine with AI medical diagnostics company Spectral MD (AIM: SMD) at an enterprise value of $170 million. Dallas, Texas-based Spectral MD develops technology using predictive analytics and AI algorithms to help clinicians make more accurate and faster treatment decisions. The combined company is expected to
Read More
To access this post, you must purchase 1 - User: Monthly Plan.
latest liquidations
latest-news

The Latest SPAC News and Rumors: April 10, 2023


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

Latest SPAC News: De-SPACs log billions of dollars in goodwill write-downs


Companies That Went Public via SPACs Log Billions of Dollars in Goodwill Write-Downs

Companies that went public through mergers with SPACs in recent years booked billions of dollars in goodwill write-downs in 2022, reflecting in part a reckoning of the heady premiums paid to secure deals during the SPAC boom.

...READ MORE
SPAC-Terms-Tracker
agreement

The Latest Non-Redemption Agreements: April 7, 2023

Latest Non-Redemption Agreements: Concord Acquisition Corp. III


Concord Acquisition Corp. III (CNDB) Adds Non-Redemption Agreement

On April 6, 2023, Concord Acquisition Corp. III (NYSE:CNDB) and its sponsor entered into one or more agreements with one or more third parties in exchange for them agreeing not to redeem shares of an unknown number of the company’s Class A common stock in connection with its extension meeting to be held May 4, 2023.

...READ MORE
latest liquidations

The Latest Liquidations: April 7, 2023

Latest SPAC Liquidations: Games & Esports Experience Acquisition Corp.


Games & Esports Experience Acquisition Corp (GEEX) to Liquidate

Games & Esports Experience Acquisition Corp. (Nasdaq: GEEX) announced today that it will redeem all of the issued and outstanding Class A ordinary shares on or prior to April 14, 2023, because the Company’s sponsor has determined that it will not make an additional contribution to the Company’s trust account required in order to extend the April 7, 2023 deadline.

...READ MORE
Arrival-logo
agreement

The Latest Non-Redemption Agreements: April 6, 2023

Latest Non-Redemption Agreements: Banyan, ShoulderUp Technology, and ExcelFin


Banyan Acquisition Corp. (BYN) Adds Non-Redemption Agreement

In connection with the extension meeting of Banyan Acquisition Corporation (NYSE:BYN), the company and its sponsor have entered into a non-redemption agreement with an unaffiliated third party, pursuant to which such third party has agreed not to redeem an aggregate of 559,600 shares of Class A common stock.

...READ MORE
latest-news

The Latest SPAC News and Rumors: April 6, 2023


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

Latest SPAC News: Chamath Palihapitiya says higher rates have created ‘wave of destruction’ and DigiAsia Bios looks to expand abroad post SPAC merger


SPAC king Chamath Palihapitiya says higher rates have created ‘wave of destruction’ across whole sectors

Higher interest rates are sowing chaos across businesses and whole sectors of the market, according to “SPAC king” Chamath Palihapitiya.

...READ MORE

Viveon Health Acquisition Corp. (VHAQ) to Combine with Clearday in $370M Deal

Viveon Health (NYSE:VHAQ) has entered into a definitive agreement to combine with healthcare company Clearday at an enterprise value of $370 million, or 2.5x its 2027E revenue. San Antonio, Texas-based Clearday provides a suite of digital and robotics solutions aimed at providing more efficient care for seniors in assisted living facilities. The combined company is
Read More
To access this post, you must purchase 1 - User: Monthly Plan.
agreement
latest liquidations
new-spac

New SPAC: Inflection Point Acquisition Corp. II Files for $200M IPO

Inflection Point Acquisition Corp. II (NASDAQ:IPXXU) filed its S-1 this morning for a $200 million IPO, marking the first SPAC to file for an IPO in April and the second largest of the year following Ares II’s $400 million filing last week. The new company will seek fundamentally strong businesses in a broad range of disruptive
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news

The Latest SPAC News and Rumors: April 5, 2023


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

Latest SPAC News: DWAC drops 8% amid Trump’s arraignment, and Avanseus announces version 6.0 of Augmented Operations platform


Trump SPAC Digital World drops amid former president’s arraignment, delayed 10-K filing

Trump SPAC Digital World Acquisition (NASDAQ:DWAC), which is taking Donald Trump’s social media company and Truth Social app public, fell 8% as the former president was formally arraigned on charges related to alleged hush-money payments made during the 2016 presidential campaign.

...READ MORE
SPACinsider-podcast-logo-300-x-200
latest-news
agreement
latest liquidations

Insight Acquisition Corp. (INAQ) to Combine with Avila Energy in $192M Deal

Insight Acquisition Corp. (NYSE:INOQ) has entered into a definitive agreement to combine with oil and gas producer Avila (CSE:VIK) for an equity value of $192.6 million at $10.30 per share. Calgary-based Avila operates oil and gas fields in Western Alberta and is working to transition to selling clients renewable energy products. The combined company is
Read More
To access this post, you must purchase 1 - User: Monthly Plan.