MedTech Acquisition Corporation (NASDAQ:MTAC) announced in an 8-K this morning that its shareholders approved its combination with drug developer TriSalus Life Sciences at a special meeting yesterday.
A further 890,499 shares were redeemed in the vote, which would reduce the SPAC’s trust by $9.4 million, leaving about $2.6 million remaining.
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Renewable energy sources have long been pressed on the fact that most can only supply power for certain portions of the day. But, what if you could combine multiple renewable technologies into a refinery that had round-the-clock output?
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On August 7, Healthcare AI Acquisition Corp. (NASDAQ:HAIA) and its sponsor, Atticus Ale, entered into a non-redemption agreement with one or more unaffiliated third parties in exchange for such third parties agreeing not to redeem their ordinary shares.
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On August 8, Golden Falcon (NYSE:GFX) mutually terminated its business combination with freight aviation company MNG Airlines.
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FG Merger Corp. (Nasdaq: FGMC) announced this afternoon that it plans to adjourn its August 11 special meeting to vote on its business combination with healthcare workflow platform iCoreConnect.
The meeting will reconvene on August 18, at 10:00 a.m.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Oxbridge (NASDAQ: OXAC) announced this morning that its shareholders approved its combination with Jet Token at a special meeting yesterday.
Jet Token, which is to do business as Jet.AI, is expected to see its shares and warrants trade on the Nasdaq under the symbols “JTAI” and “JTAIW” once the transaction is closed.
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Artemis Strategic Investment Corporation (NASDAQ:ARTE) has entered into a definitive agreement to combine with Danam Health at a pro forma enterprise value of $200 million.
Lutz, Florida-based Danam operates a technology division with a proprietary digital health and medication adherence platform along with a pharmaceutical wholesale division that serves all 50 states.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Nikola (NASDAQ: NKLA) said Michael Lohscheller had stepped down as president and CEO effective immediately and would leave the board on August 31.
7GC & Co. Holdings Inc. (NASDAQ: VII) announced this afternoon that it has made multiple amendments to its business combination agreement with video engagement platform Banzai.
As part of the changes, the requirement to close Banzai’s acquisition of ad-tracking firm Hyros is no longer a prerequisite for finalizing the merger.
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Oxbridge (NASDAQ: OXAC) announced in an 8-K this morning that it has signed a forward purchase agreement with Meteora Capital Partners and affiliates, who will purchase up to 1,186,952 shares.
These are to be newly issued shares as redemptions have reduced Oxbridge’s trust to $526,866 across 42,737 shares as of August 7.
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Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) announced in an 8-K this afternoon that it has entered into a forward purchase agreement (FPA) with Meteora Special Opportunity Fund I, Meteora Capital Partners, Meteora Select Trading Opportunities Master, and Meteora Strategic Capital for an OTC equity prepaid forward transaction.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A press release yesterday announced that ROTH MKM managed to scoop up Gil Ottensoser and Anthony Mazzurco, both of which are SPAC veterans and both having previously worked at BTIG.
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byNordic Acquisition Corporation (NASDAQ:BYNO) announced this morning that it plans to adjourn its August 8 extension vote without conducting any business.
Shareholders will reconvene at 10 am ET August 10 and the change also pushes the SPAC’s deadline for redemption decisions to 5 pm ET August 8.
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On August 3, HH&L Investment Co., the sponsor of HH&L Acquisition Co. (NYSE:HHLA), and the company, entered into an agreement with unaffiliated third parties in exchange for them agreeing not to redeem an aggregate of 500,000 shares of Class A ordinary shares at the general meeting.
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Hainan Manaslu Acquisition Corp. (NASDAQ:HMAC) announced in an 8-K this afternoon that its shareholders approved its combination with brand management company Able View at a special meeting held on August 2.
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Flame (NYSE:FLME) disclosed in an 8-K this afternoon that it has secured additional funding for its PIPE in connection to its merger with energy company Sable Offshore, bringing the total commitments to $74.5 million from $71.5 million.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed.