Alset Capital Acquisition Corp. (NASDAQ:ACAX) announced in an 8-K this morning that it has added a forward purchase agreement (FPA) to its combination with lifestyle company HWH International ahead of tomorrow’s completion vote.
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As previously reported, on May 3 and 4, Roth CH Acquisition V Co., (NASDAQ:ROCL), entered into non-redemption agreements with certain stockholders owning, in the aggregate, 2,000,000 shares of common stock, pursuant to which such stockholders agreed not to redeem or exercise any right to redeem such public shares in connection with the vote to extend the company’s completion deadline.
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Conyers Park III Acquisition Corp. (Nasdaq: CPAA) today announced that it will redeem all of its outstanding shares of Class A common stock, effective as of August 11.
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Compute Health (NYSE:CPUH) announced this afternoon that its shareholders approved its combination with weight-loss medtech firm Allurion at a special meeting held earlier today.
Approximately 99.8% of the votes cast on the business combination proposals by holders of Compute Health’s common stock, representing approximately 87.7% of the company’s outstanding common stock, voted to approve the deal, including approximately 58.2% of the outstanding shares of Class A common stock.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
BlueRiver (NYSE:BLUA) announced this afternoon that it has postponed its July 28 extension vote to 4 pm ET on August 2, marking the SPAC’s second postponement of the meeting.
As a result of the postponement, the SPAC will also extend the redemption deadline to July 31. Shareholders
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Genesis Unicorn (NASDAQ:GENQ) announced in an 8-K this morning that it has added a forward purchase agreement (FPA) to its combination with sustainable energy firm ESGL Holding.
Vellar Opportunities Fund has agreed to purchase up to 4,400,000 shares from third parties and brokers through the arrangement, which is to take the form of a OTC equity prepaid forward transaction.
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This week, we get an update from Brandon Mintz, CEO of Bitcoin Depot (Nasdaq: BTM), which recently closed its SPAC combination with GSR II Meteora Acquisition Corp. in June.
Brandon shares what advice he has for other companies considering a SPAC merger in the current market and discusses how Bitcoin Depot is hitting the ground running with its acquisition pipeline now that it has public capital at its disposal.
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Global System (NASDAQ:GSD) announced this morning that it has postponed its July 31 extension vote to 10 am ET August 7.
Shareholders at the meeting will vote on a proposal allowing it to extend its transaction deadline by one month up to six times, pushing it to February 9 at a maximum.
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Yotta Acquisition Corp. (NASDAQ:YOTA) announced this afternoon that NaturalShrimp (OTCQB:SHMP) has terminated its business combination with the SPAC.
On July 20, NaturalShrimp officially notified Yotta of its termination of the merger agreement.
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Genesis Unicorn Capital Corp. (NASDAQ: GENQ) announced this afternoon that its shareholders approved its combination with sustainable waste solutions provider ESGL Holdings at a special meeting held earlier today.
At the meeting, a total of 6,542,842 shares of common stock were present, representing approximately 81.54% of the issued and outstanding shares of common stock.
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Compute Health (NYSE:CPUH) announced in an 8-K this afternoon that its warrant holders have approved an amendment to the warrant agreement after adjourning the meeting earlier this morning.
After all parties had a chance to engage with the new changes, the meeting was reconvened at 12 pm ET today.
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On July 25, Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) entered into one or more agreements with one or more unaffiliated third parties in exchange for them each agreeing not to redeem an aggregate of 760,000 Class A ordinary shares, in connection with the extraordinary general meeting of shareholders to be held on August 1 to extend the completion deadline from August 2, 2023 to May 2, 2024.
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Rigel Resource Acquisition Corp. (NYSE: RRAC) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with a global metals company.
The SPAC disclosed that it signed the LOI on March 23, but did not provide further information on the unnamed target or the potential transaction.
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Well, this is a new one. Have you ever watched a TV show like Grey’s Anatomy and thought, “Yeah, I could do surgery.” The answer is no, no you can’t.
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Northern Star Investment Corp. II (NYSE:NSTB) announced in an 8-K this afternoon that it has adjourned its special meeting to extend its extension vote to 11 am ET, July 28.
The SPAC plans to use this extra time to engage with investors and effectuate redemption reversals.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Intuitive Machines, Inc.
TradeUP (NASDAQ:UPTD) announced in an 8-K this morning that it has added a $6.8 million PIPE to its combination with Estrella Biopharma, which will wipe an equal amount of debt from its books.
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