The Latest SPAC News and Rumors: August 23, 2021
by Marlena Haddad on 2021-08-23 at 11:29am

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

Latest SPAC News: Rocket Lab’s spacecraft confirmed for mission to Mars and CompoSecure partners with Gemini to manufacture new crypto credit card


Rocket Lab Spacecraft Confirmed for Mars as NASA Greenlights ESCAPADE Small Satellite Interplanetary Mission

Rocket Lab, a global leader in dedicated launch and space systems, today announced it will begin final mission design and manufacture to supply two interplanetary Photon spacecraft for a science mission to Mars, delivering Decadal-class science at a fraction of the cost of typical planetary missions.

The Escape and Plasma Acceleration and Dynamics Explorers (ESCAPADE) mission will orbit two Rocket Lab-built Photon spacecraft around Mars to understand the structure, composition, variability, and dynamics of Mars’ hybrid magnetosphere.

Rocket Lab entered into a definitive agreement to combine with Vector Acquisition Corporation (NASDAQ:VACQ) on March 1.

READ

CompoSecure Partners with a Leading Cryptocurrency Exchange On Crypto Reward Payment Card

CompoSecure Holdings, L.L.C., a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced that it will manufacture a new crypto rewards credit card for Gemini.

Gemini is a crypto platform, working with Mastercard and WebBank, the issuer and lender, on the innovative rewards credit card that will allow cardholders to earn up to 3% back on purchases in bitcoin or the more than 40 cryptocurrencies available on Gemini.

Roman DBDR (NASDAQ:DBDR) entered into a definitive agreement to combine with cryptocurrency storage and payments provider CompoSecure on April 19.

READ


 

Recent Posts
by Kristi Marvin on 2024-04-20 at 11:45am

Terms Tracker for the Week Ending April 19, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Passover and school spring break starts next week, which most likely means a slowdown in SPAC filing activity. Although Churchill IX is now rumored to...

by Nicholas Alan Clayton on 2024-04-19 at 3:00pm

Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...

by Nicholas Alan Clayton on 2024-04-19 at 7:53am

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...

by Nicholas Alan Clayton on 2024-04-18 at 11:50am

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...

by Nicholas Alan Clayton on 2024-04-18 at 7:57am

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...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved