JVSPAC Acquisition Corp. (NASDAQ:JVSAC) submitted its S-1 filing this afternoon for a $50 million IPO and intends to combine with a target that is at the intersection of the lifestyle sectors and technology. The new SPAC will primarily seek a target with a total enterprise value ranging from $100 million to $600 million. It also intends
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Much like its peers in the world of space de-SPACs, Tailwind Two‘s de-SPAC Terran Orbital (NYSE:LLAP) has weathered its fair share of market turbulence, including a NYSE delisting notice for trading under a $1.
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Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Few companies have a better finger to the pulse of consumer spending than payments and card companies.
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Fortune Rise (NASDAQ:FRLA) has entered into a definitive agreement to combine with Water On Demand at a pro forma equity value of $72 million.
Clearwater, Florida-based Water On Demand provides water treatment services and is developing a unique royalty-based platform it intends to launch as an investment vehicle.
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Concord Acquisition Corp III (NYSE:CNDB) has signed a non-binding letter of intent (LOI) to combine with a well-established semiconductor supplier.
The SPAC has not yet disclosed the name of the target, but mentioned that it has received non-binding LOIs from investors to provide financing in an amount sufficient to support the closing of the proposed merger.
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Abri SPAC I (NASDAQ:ASPA) announced that its shareholders approved its combination with adtech firm DLQ at a special meeting held on October 23.
The deal was overwhelmingly approved with all holders, representing 2,326,538 shares, voting in favor of the business combination with the exception of the holder of 1 share that abstained to vote.
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Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
This morning brings news that a fresh airline SPAC deal may be brewing, following on the announcement of the first of its type between FlyBondi and Integral 1 (NASDAQ:INTE) last Friday.
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Forbion European Acquisition Corp. (NASDAQ:FRBN) announced that its shareholders approved its combination with biotech firm enGene at a special meeting held earlier today.
In connection with the meeting, FEAC’s public shareholders holding 10,379,144 Class A ordinary shares elected to redeem their shares.
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Learn CW Investment Corporation (NYSE:LCW) has entered into a definitive agreement to combine with enterprise growth engine Innventure an enterprise value of $385 million.
Orlando, Florida-based Innventure founds, funds, operates, and rapidly scales companies in strategic collaboration with Multinational Corporations.
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TenX Keane (NASDAQ:TENK) has entered into a definitive agreement with Citius Oncology with its parent company Citius Pharma receiving $675 million in equity consideration.
Cranford, New Jersey-based Citius Oncology is developing a leukemia drug that is nearing approval and could see the market by late 2024.
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Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
There are increasing signs that the capital markets and dealmaking are returning to normalcy, but there is still plenty of time for fits and starts before the end of the year.
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SPACs have shot for the stars in multiple ways, but lately they have fared better when staying within the Earth’s atmosphere.
Twelve space ventures have gone public through SPACs since March 2021, demonstrating a firm link between the two industries.
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Good morning! Watch this space moving forward as a roundup of evening filings as well as news nuggets to nibble on beside your morning coffee.
Car ownership has long been considered a part of the American Dream, but it’s a slice of that goal that is getting more expensive even faster that housing.
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Integral Acquisition Corporation 1 (NASDAQ:INTE) has entered into a definitive agreement to combine with Argentine airline Flybondi under so far undisclosed terms.
Buenos Aires-based Flybondi flies to 17 destinations in Argentina and three in Brazil, holding a roughly 20% share of Argentina’s domestic air travel market.
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Quantum FinTech (NYSE:QFTA) announced this morning that it has waived the minimum cash condition ahead of its completion vote in connection to its proposed merger with AtlasClear.
Originally, the parties had set a minimum cash threshold of $40 million at the time of the deal announcement without a PIPE.
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Canna-Global Acquisition Corp. (NASDAQ:CNGL) announced this morning that it has received written notice of the termination of its business combination with its previous merger partner, New Quantum.
Although the specific reason for the separation was not disclosed by either side, the announcement coincides with the recent resignation of Marco Bardelli, who served as the Chair of the Canna-Global board’s Governance and Nomination Committee.
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VinFast Auto (NASDAQ:VFS), which completed its combination with Black Spade, announced this morning that it has secured a Standby Equity Purchase Agreement with Yorkville Advisors.
With a 36-month term, VinFast has the option to require Yorkville to subscribe up to $1 billion in ordinary shares at any time.
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