Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: LAMF Global Ventures I explores acquisition of major European football club and Barrows Hotel considers SPAC merger
Football Finance Veteran Harris Eyes Club Takeover Through US SPAC Deal
Sky News reported that LAMF Global Ventures Corp I (NASDAQ:LGVC), which has been set up by two US entertainment industry executives, will explore the acquisition of a major European club during its trawl of potential targets.
LAMF Global Ventures, which is expected to go public later this week, is plotting a $200m fundraising.
Kevin Harris, who is a senior adviser to the SPAC, served as deputy chairman of Everton for two years, and has advised on deals involving clubs such as Aston Villa, Manchester City and West Ham United.
READBarrows Hotel Enterprises Considers SPAC Merger
Barrows, the provider of hotel investment and advisory services for hotels in the Middle East and Africa is considering going public through a SPAC merger to list on the Nasdaq within twelve months.
With a SPAC merger, Barrows could be worth over $500 million. The company has become known for property development and providing financing of hotel real estate in the Middle East and Africa. Additionally, it provides corporate advice for hotel owners and hotel operators. During the Covid-19 Pandemic, Barrows closed long-term partnerships with investors from Russia, Africa and the United States.
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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...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...
At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....