Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: A-Rod’s Slam SPAC in talks to merge with Italy’s Panini Group, France’s Billionaire Pinault family joins SPAC rush in Europe, and Li-Cycle and Helbiz partner to advance battery recycling in micro-mobility
A-Rod’s Slam SPAC Is in Merger Talks With Italy’s Panini Group
Alex Rodriguez’s blank-check firm Slam Corp. is in talks to merge with Panini SpA, which makes sports stickers, cards and other collectibles, in a transaction that is set to value the combined entity at $3 billion or more.
READFrance’s Billionaire Pinault Family Joins European SPAC Push
France’s billionaire Pinault family is set to join the growing line of SPAC sponsors in Europe, aiming to raise as much as €300m for a blank-check company that will focus on the entertainment and leisure industries, according to Reuters.
The SPAC, I2PO, is being launched in Paris on Wednesday and is also backed by Centerview Partners banker Matthieu Pigasse. It will be headed by former WarnerMedia executive Iris Knobloch.
I2PO is looking to combine with a target that has a valuation between €1bn to €2bn in areas such as music and video streaming, gaming, media services or platforms for booking travel and entertainment.
READLi-Cycle and Helbiz Partner to Advance Battery Recycling in Micro-Mobility
Lithium-ion battery recycler Li-Cycle Corp. and micro-mobility firm Helbiz today announced a partnership to create a safe and sustainable recycling solution for end-of-life lithium-ion batteries used in e-scooters and e-bikes.
Both Li-Cycle and Helbiz have previously announced plans to become publicly traded companies in the United States via a merger with SPACs and have plans to expand operations in Europe.
READ
At the SPAC of Dawn During a week in which rare earth mining and space de-SPACs have seen major gains, another blast from the past is making serious waves in the market. EV battery developer QuantumScape (NYSE:QS) rose to a 52-week high of $13.79 yesterday and is cruising even higher in the pre-market. The company...
Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...