The Latest SPAC News and Rumors: July 15, 2021
by Marlena Haddad on 2021-07-15 at 11:58am

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Britishvolt considers London listing, Eli, Peyton Manning-backed BBQGuys in talks with Velocity, and Hong Kong’s Prenetics plans $1.3 billion SPAC merger


U.K. Electric-Car Battery Startup Now Considering London Listing

Britishvolt Ltd., which is about to start building the U.K.’s first giant battery factory, is considering listing on the London Stock Exchange to help finance the 2.6 billion-pound ($3.6 billion) project that could play a major role in helping the nation reduce carbon emissions from transportation, according to Bloomberg.

A decision on whether to list in London or New York will be made within three months, Orral Nadjari, founder and CEO of Britishvolt, said in an interview. The company was due to decide by the end of June whether to list in the U.S. through a merger with a SPAC, but it’s chosen to extend the deadline.

READ

Eli, Peyton Manning-Backed BBQGuys in Talks With Velocity 

Online grill retailer BBQGuys is in talks to go public through a merger with Velocity Acquisition Corp., according to Bloomberg.

The combined company is set to be valued at around $900 million, including debt. Unlike some other recent SPAC transactions, there will be no PIPE raised to support the deal.

READ

Hong Kong Biotech Start-Up Prenetics Plans $1.3 Billion SPAC Merger

Hong Kong biotech company Prenetics is set to merge with Artisan Acquisition in a deal that will value the new entity at $1.3 billion or more, according to CNBC.

The transaction is expected to close by the end of this year. The SPAC is already traded on the Nasdaq under the ticker ARTAU.

READ

Beware of SPAC Listings, EU Market Watchdog Tells Investors

The European Securities and Markets Authority (ESMA) said that SPACs “may not be appropriate for all investors” due to risks from dilution, conflicts of interests and uncertainty as to the identification and evaluation of the target company.

READ

 

The Latest SPAC News and Rumors: July 15, 2021
Recent Posts
by Nicholas Alan Clayton on 2025-07-14 at 11:13am

Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...

by Kristi Marvin on 2025-07-14 at 9:19am

This week, we speak with Kyivstar CEO Oleksandr Komarov about the company’s $2.2 billion dollar combination with Cohen Circle Acquisition Corp. I (NASDAQ:CCIR). Few companies have been had to forge themselves in the flames recently quite like Ukraine’s leading telecom and digital services provider Kyivstar. Now, Kyivstar is not only telling that story but pitching it to...

by Nicholas Alan Clayton on 2025-07-14 at 8:30am

At the SPAC of Dawn The market still has one full trading session before it adds Tuesday’s Core CPI reading and a variety of Fed comments to messaging it is already ingesting on US President Donald Trump’s ever-shifting tariff policy. SPACs are meanwhile continuing on with business as usual, with Cayson (NASDAQ:CAPN) announcing the third...

by Kristi Marvin on 2025-07-12 at 10:02am

Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...

by Nicholas Alan Clayton on 2025-07-11 at 8:24am

At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved