Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Voya looks to acquire Alight, Wilbur Ross’s SPAC in talks to merge with GaN Systems, and Ex-L Catterton Asia Chief Thakran explores Singapore SPAC
Voya Explores a Potential Deal for Newly Public Alight
Voya Financial Inc. has been exploring a potential acquisition of Alight Inc., just a month after the benefits administrator went public through a SPAC, according to Bloomberg.
Voya, a New York-based retirement fund manager, has recently studied a purchase of Las Vegas-based Alight. It isn’t clear whether the companies are in active talks, and there’s no guarantee that any deal will be reached.
READWilbur Ross’s SPAC Is in Talks to Merge With GaN Systems
GaN Systems, which specializes in gallium-nitride technology for products such as semiconductors and transistors, is in talks to go public through Wilbur Ross’s Ross Acquisition Corp. II, according to Bloomberg.
READEx-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC
Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a SPAC in Singapore.
The Singapore-based buyout firm is working with an adviser on the potential SPAC IPO. The blank-check firm could raise about S$300 million ($221 million) and Thakran will be its chairman and CEO.
READRocket Lab Inks Deal With Varda Space Industries to Supply Multiple Photon Spacecraft for Space Manufacturing Missions
Leading launch and space systems company Rocket Lab today announced it has signed a deal with in-space manufacturing company Varda Space Industries to produce three Photon spacecraft that will integrate with their space factories, enabling high-value products to be manufactured in zero-gravity and returned to Earth in Varda’s re-entry capsule.
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At the SPAC of Dawn The last day of the quarter is to play host to a pair of shareholder votes and a possible pricing of Indigo‘s (NASDAQ:INACU) $100 million IPO. This week is also to play host to fresh jobs numbers just before the long July 4 weekend. Black Hawk (NASDAQ:BKHA) was also one...
Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...