Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
SPAC activity seems to be picking up again, but rather than the news be U.S. based, it’s international markets that are getting all the headlines…
Indonesian Travel Startup Tiket Considers $2B SPAC Deal
Indonesian travel startup Tiket is reportedly in talks to combine with COVA Acquisition Corp. (NASDAQ:COVA) in a deal valued at $2 billion, according to Bloomberg. The Jakarta-based startup is looking to raise approximately $200 million in PIPE and is being advised by Goldman Sachs.
READFrench Hotelier Accor Weighs SPAC Listing This Year
Hotel company Accor is weighing a SPAC listing as it considers a size roughly 200 million euros ($244 million) to 300 million euros and would be focused on the lifestyle and leisure sectors, according to Bloomberg.
READSoftbank Vision Fund Considers Listing $300M Tech SPAC
Softbank’s Vision Fund is discussing plans to raise capital of approximately 250 million euros ($304 million) for a SPAC listing on the Amsterdam stock exchange later this year, according to Bloomberg. The SPAC would look for a target in the European tech industry.
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At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...
Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...
At the SPAC of Dawn A brand new market may have just opened up for space de-SPACs as NASA administrator Bill Nelson announced a shift in the agency’s $11 billion program for a mission to return samples from Mars. Rather than rely on the agency’s internal technologies that would be predicted to get a sample...