Electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) disclosed in a press release today that it had elected to redeem its public warrants for cashless exercise at a price of $11.50. Arrival, which was the combination company of CIIG Merger Corp (NASDAQ:CIIG), and de-SPAC’d on March 19, 2021, currently has 12,937,493 public…

Leo III (NYSE:LIII) has entered into a definitive agreement to combine with indoor agriculture company Local Bounti at an enterprise value of $757 million, or 1.6x its 2025E revenue. Hamilton, Montana-based Local Bounti sells leafy greens out of indoor farms designed with technology to achieve record harvest turnarounds and 90%…

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Malaysia’s Carsome mulls merger with U.S. SPAC, Paris Plays Catch-Up With Frankfurt in SPAC Race, and European companies compete in SPAC race Malaysia’s Carsome Weighs U.S. Listing With SPAC…

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in the sphere of travel. We look at why they are compelling and why each could be a fit for a blank-check merger. Friday, June 11 probably didn’t feel much different to…

JAWS Juggernaut Acquisition Corp. announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “JUGGU” Friday, June 18. The new SPAC aims to combine with a growth-oriented target with differentiated technologies that drive social and economic value. JAWS…

Acies Acquisition Corp. (NASDAQ:ACAC) announced in a press release that its shareholders approved its combination with social gaming developer PLAYSTUDIOS, Inc. at a special meeting earlier today. The press release did not mention redemption amounts, but it notes that approximately 97% of the votes cast at the special meeting approved…

Hudson Executive Investment Corp. (NASDAQ:HEC) shareholders announced in a press release today that its shareholders approved its combination with virtual behavioral healthcare company Talkspace at a special meeting earlier today. The press release did not mention redemption amounts, but stated that 94.51% of the votes cast, representing approximately 74.05% of…

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Farming startup Infarm is in talks to merge with Kernel SPAC while Fusion in talks to launch new blank-check company and aims to list in London Infarm Is in Talks to Go…

GS II (NYSE:GSAH) has entered into a definitive agreement to combine with nuclear services and radiology firm Mirion at an enterprise value of $2.56 billion, or 13.3x its 2022E EBITDA. San Ramon, California-based Mirion provides radiation detection equipment and services to sectors ranging from nuclear power generation to defense and…

Crescent Acquisition Corp. (NASDAQ:CRSA) shareholders have approved its combination with LiveVox, but redemptions wiped out 61% of the SPAC’s trust in connection with the vote yesterday. The parties now expect to close the deal June 18, after which its shares and warrants will trade on the Nasdaq under the symbols…