Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Ein’s Kastle Systems in talks to merge with Simon Property Group SPAC, new rules on UK listings finally kick in, and Volta Charging and Place Exchange announce strategic partnership
Ein’s Kastle Systems Is in Talks To Go Public Through Simon Property Group SPAC
Security services provider Kastle Systems, backed by veteran SPAC investor Mark Ein’s Venturehouse Group, is in talks to go public through Simon Property Group Acquisition Holdings Inc., according to Bloomberg.
READNew Rules Will Finally Unlock the UK SPAC Market
The Financial Conduct Authority’s changes to its listing rules for SPACs have finally come into play, meaning that investors are now permitted to exit prior to an acquisition being completed.
Further disclosures, such as ensuring money raised from public shareholders is ring-fenced and rules requiring shareholder approval for any proposed acquisition have also come into force.
READVolta Charging and Place Exchange Announce Strategic Partnership
Volta Industries, Inc., an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced a partnership Place Exchange, a leading supply-side platform (SSP) for programmatic digital out of home media.
The partnership significantly expands Volta Charging’s programmatic options for media buyers seeking to purchase Volta Charging’s premium placed-based inventory from any of the leading demand-side platforms (DSPs) integrated with Place Exchange.
READRocket Lab to Launch Three Back-To-Back Missions for BlackSky from Late August
Launch provider and space systems company Rocket Lab has today announced its next mission is part of a rapid launch schedule of three dedicated Electron missions for global monitoring provider BlackSky.
Scheduled to lift off from Launch Complex 1 on New Zealand’s Mahia Peninsula in late August, the ‘Love At First Insight’ mission will be Rocket Lab’s 22nd Electron launch overall and fifth mission of 2021. ‘
READSPAC Earnings Fiasco Spurs CEO Shakeup at ATI Within Two Weeks
Two weeks after its earnings debut as a public company following a merger with a blank-check firm, ATI Physical Therapy Inc. is replacing its CEO.
ATI, which operates about 900 physical therapy clinics across 25 U.S. states, said in a statement Monday that Labeed Diab stepped down as CEO and board member, effective immediately. John Larsen, on the board since 2018, was named executive chairman and will help lead the company as it searches for its next chief executive.
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Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...
At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...
Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
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...