Northern Star Investment Corp. III (NYSE:NSTC) and Northern Star Investment Corp. IV (NYSE:NSTD) announced in 8-K filings this morning that they have each added to the shares covered by non-redemption agreements as they work to extend their transaction deadlines.
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HPX Corp. (NYSE:HPX) announced its shareholders have approved its combination with environmental and industrial solutions provider Ambipar Response at a special meeting held earlier today.
The deal was overwhelmingly approved as it received 7,133,547 votes in favor of the transaction and just 125,508 against it.
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TB SA Acquisition Corp. (Nasdaq: TBSA) today announced that as of the close of business on March 13, 2023, the Company’s publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive their pro-rata share in the Company’s trust.
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Mount Rainier Acquisition Corp. (Nasdaq: RNER) announced that it has completed its combination with confidential computing developer HUB Cyber Security at a special meeting held earlier today.
The SPAC’s shareholders already approved the deal at a meeting held in early January, but originally anticipated closing the deal later in the month.
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European Biotech (NASDAQ:EBAC) announced its shareholders have approved its combination with biopharmaceutical firm Oculis at a special meeting held earlier today.
EBAC’s public shareholders holding 11,505,684 Class A ordinary shares, representing 90.21% of the trust, validly elected to redeem their public shares in connection to today’s meeting.
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Alpine Acquisition Corp. (Nasdaq: REVE) announced this afternoon that it has again adjourned its special meeting to complete its transaction with experiential entertainment company Two Bit Circus.
The SPAC originally intended to hold its special meeting on February 24, but adjourned it to today.
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Altimar Acquisition Corp. III (NYSE:ATAQ) announced this afternoon that it has entered into non-redemption agreements with several unaffiliated third parties.
Under the agreement, the parties will not redeem an aggregate of 95,760 Class A ordinary shares at ATAQ’s upcoming meeting to extend its completion deadline from March 8 to September 8.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Oxus Acquisition Corp. (NASDAQ:OXUS) has adjourned its extension vote today without conducting any business and will reconvene at 8:30 am ET March 2.
Shareholders are to consider extending the SPAC’s transaction deadline from March 8 to December 8 and allow the sponsor to convert its promote shares to Class A shares prior to the closing of a business combination.
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Northern Star Investment Corp. III (NYSE:NSTC) and Northern Star Investment Corp. IV (NYSE:NSTD) announced this morning that each has come to identical non-redemption agreements with shareholders.
Each agreement secures 250,000 shares from redemption for its respective SPAC.
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Colombier Acquisition Corp. (NYSE:CLBR) has entered into a definitive agreement to combine with values-based marketplace PublicSq at an enterprise value of $258 million.
PublicSq is developing an app-based marketplace for political conservatives in the US to seek out products aligned with their values.
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Mount Rainier Acquisition Corp. (Nasdaq:RNER) announced this afternoon that it has adjourned its special meeting to vote on an extension in connection with its business combination with computing developer HUB Cyber Security Israel.
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SilverBox Corp. III priced its upsized $120 million IPO and its units are expected to begin trading on the NYSE under the symbol “SBXC.U” Tuesday, February 28, 2023.
The new SPAC intends to acquire one or more businesses with an aggregate enterprise value in excess of $750 million in an industry where it believes the expertise of its management team and its advisory group will provide it with a competitive advantage in completing a successful initial business combination.
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Atlantic Coastal (NASDAQ:ACAH) announced in an 8-K this afternoon that it has reached agreements with one or more investors not to redeem up to 200,000 shares in its upcoming extension vote.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Northern Star Investment Corp. III (NYSE:NSTC) and Northern Star Investment Corp. IV (NYSE:NSTD) announced this morning that both companies have adjourned their extension votes.
Both SPACs intended to hold their meetings on February 24, but have adjourned them until March 1 to further engage with stockholders and solicit additional votes and redemption reversals.
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Armada I (NASDAQ:AACI) announced this morning that it has secured a $250 million equity subscription facility for its combination with adtech firm Rezolve.
Yorkville Advisors has agreed to fund the facility, under which Rezolve will have the option to issue up to $250 million in shares for Yorkville to purchase over the first three years following the close of the business combination.
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