SPACInsider
The Industry Leading Provider of SPAC Data and Analysis
Recent Posts
American Acquisition Opportunity Inc. (AMAO) to Combine with Royalty ManagementAmerican Acquisition (NASDAQ:AMAO) has entered into a definitive agreement to combine with investment company Royalty Management at an enterprise value of $111 million. Fishers, Indiana-based Royalty Management collects cashflow streams via resources, intellectual property and other royalty-paying assets and distributes these to shareholders. The combined company is expected to trade…
- Northern Lights (NLIT) Shareholders Approve Safe Harbor Deal
Northern Lights (NASDAQ:NLIT) announced in an 8-K this morning that its shareholders approved its combination with cannabis finance provider Safe Harbor at a special meeting held yesterday afternoon. The filing did not include final redemption figures or a timeline for close, but as of yesterday the SPAC faced 66.2% redemptions.…
- Agrico (RICO) Shareholders Approve Kalera Deal
Agrico Acquisition Corp. (NASDAQ:RICO) announced that its shareholders have voted to approve its combination with indoor farming company Kalera (OL:KAL) in a special meeting held yesterday. The approval comes as no surprise as the SPAC announced a preliminary shareholder approval on Friday afternoon. Today’s press release did not disclose redemption amounts…
- Polestar’s Debut Casts New Light on EV De-SPACs
SPACs have merged with 30 electric vehicle companies since June 2020 and they seemed to make for a Thelma and Louise-like pair. EV de-SPACs went on a wild ride punctuated by the likes of QuantumScape (NASDAQ:QS) and Lucid Group (NASDAQ:LCID) hitting highs of $132.73 and $64.86, respectively, but, just a…
- The Latest SPAC News and Rumors: June 28, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: India’s JetSynthesys in talks to merge with BurTech, Rumble partners with RSBN, and ProSomnus opens new global HQ India’s JetSynthesys Is Said in Talks to Merge With BurTech…
- Northern Lights (NLIT) Extends 3-Months Ahead of Safe Harbor Vote
Northern Lights (NASDAQ:NLIT) announced in an 8-K this morning that it had received redemption requests for all but about 83,795 of its shares ahead of its completion, but its backstops have purchased 4,435,608 shares from would-be redeemers that will now stay with the company. It adjourned its initial June 24…
New SPAC: Pono Capital Two, Inc. Files for $100M IPOPono Capital Two, Inc. filed its S-1 earlier this month for $100 million as one of six SPACs that filed to IPO in June. The new SPAC will seek a target in the disruptive technology sector with a spotlight on companies in Asia. More specifically, Pono Capital Two will focus on above-industry-average…
- New SPAC: Forest Acquisition Corp. Files for $66M IPO
Forest Acquisition Corp. filed its S-1 earlier this month as the second of three Ladenburg Thalmann-underwritten SPACs filed thus far in June. It is the slightly larger SPAC of the three, shooting to raise $66 million, while Ocean Capital Acquisition Corp. is seeking $60 million and Qomolangma for just $50 million. Both Ocean…
- The Latest SPAC News and Rumors: June 27, 2022
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Trump-tied DWAC tumbles following grand jury subpoena and car charging start-up EO opts for private funding Trump-Tied SPAC Tumbles After Disclosing Grand Jury Subpoena Digital World Acquisition Corp. (NASDAQ:DWAC),…
- Waldencast Acquisition Corp. (WALD) Adds $225M Debt Facility to OBAGI and Milk Deal
Waldencast Acquisition Corp. (NASDAQ:WALD) announced this morning that it has added $225 million in debt to its combination with beauty brands OBAGI and Milk. This new money comes in the form of a four-year secured first-lien made up of a $175 million term loan and a $50 million revolving loan…
To Read More Articles,
CLICK HERE