Qomolangma Acquisition Corp. priced its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “QOMOU” Friday, September 30, 2022. The new SPAC intends to focus its efforts on technology companies operating in Asian markets that have a total enterprise value between $300 million and…

Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ) announced this afternoon that it has secured a $75 million loan for its combination with energy storage firm Dragonfly Energy. The parties entered into a debt commitment letter with CCM Investments 5 LLC, an affiliate of Chardan Capital Markets, and EICF Agent LLC, for…

Liberty Media Acquisition Corp. (Nasdaq: LMAC) filed a proxy this afternoon for a shareholder vote to liquidate early. Liberty Media’s current completion deadline is January 26, 2023, but today’s filing is asking shareholders to approve an amendment that would allow the Board to change the date to no later than…

East Stone Acquisition Corp. (NASDAQ:ESCC) announced this afternoon that it has once again secured another $200 million PIPE commitment for its business combination with EV-maker ICONIQ. This marks ESCC’s fourth PIPE round. As a refresher, ESCC started off by bringing in an estimated $33.5 million into the deal through its current…

  Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.  Latest SPAC News: Polestar teases new details about electric SUV, Gogoro secures $345M loan, and Jupiter Wellness announces application for dual listing on Upstream Polestar teases new details about its electric…

DTRT Health (NASDAQ:DTRT) has entered into a definitive agreement to combine with healthcare company Consumer Direct at an enterprise value of $681 million, or 10.1x its 2023E EBITDA. Missoula, Montana-based Consumer Direct offers self-directed home care to disabled and elderly clients in 14 states through Medicaid, private insurance and managed…

SHF Holdings, Inc (Nasdaq: SHFS), formerly known as Northern Lights Acquisition Corp. (Nasdaq: NLIT), announced in a press release this morning that it has finally completed its combination with cannabis finance provider Safe Harbor. NLIT shareholders originally approved the transaction with Safe Harbor at its special meeting three months ago on…

Brilliant (NASDAQ:BRLI) announced that it has effectively doubled the size of its pool of shares to be distributed to shareholders at the close of its combination with crypto payments firm Nukkleus. Shareholders will now receive the lower of 1,012,000 shares between them or the equivalent of 40% of all outstanding…

Silver Crest (NASDAQ:SLCR) announced that it has closed its transaction with coffee shop chain Tims China after an extended process. The SPAC originally held its completion vote on August 19, but opted to give shareholders additional time to reconsider after they initially opted to redeem 99% of shares. Silver Crest…

Atlantic Avenue  (NYSE:ASAQ) announced this afternoon that it intends to adjourn its special meeting on September 29 to October 4. The special meeting was being held to consider the proposal of amending and extending ASAQ’s transaction deadline by which it must complete its initial business combination. The SPAC, however, did not give…