Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: TradeZero in talks to merge with Dune SPAC, and Solid Power appoints former AT&T executive to board of directors
Online Brokerage TradeZero Said in Merger Talks With Dune SPAC
TradeZero Holding Corp., an online brokerage that provides free and subscription-based software for stock trading, is in talks to merge with blank-check firm Dune Acquisition Corp. (NASDAQ:DUNE), according to Bloomberg.
Terms are in flux, but if a transaction is finalized, it may be announced in coming weeks.
READSolid Power Appoints Former AT&T Senior Executive Vice President and CFO John Stephens to Board of Directors
Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehicles, which is in the process of combining with Decarbonization Plus Acquisition Corporation III (NASDAQ: DCRC), today announced the appointment of John Stephens to its board of directors.
Mr. Stephens is also expected to be nominated to serve on the board of directors of the combined company following completion of the proposed business combination with DCRC and is expected to serve as chairman of the audit committee.
READ
Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...
At the SPAC of Dawn Tucked into the bill that provides $95 billion in funding to American allies passed by the House this weekend is another measure that is likely to have far more impact on at least one pending deal in SPAC world. It would appear that the timing was fortuitous for TikTok rival...
With the passage this weekend of $95 billion in funding for Ukraine, Israel and Taiwan by the House of Representatives, some focus has gone back towards the defense sector, which has generally had a good year as a whole. But, SPACs have not been as active in defense, despite the fact that companies in the...
At the SPAC of Dawn As April’s sleepy month for SPAC news continues, there is only one special meeting on the docket to consider a SPAC deal approval, that being today’s vote on Pegasus Digital Mobility‘s (NYSE:PGSS) combination with equipment manufacturer Schmid. Three more SPACs are facing extension votes this week, including Pyrophyte (NYSE:PHYT), whose...
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...