Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Amsterdam hits IPO record as Europe’s SPAC capital and Palihapitiya sells down position in SoFi
Amsterdam Hits IPO Record as Europe’s SPAC Capital
The Dutch city, home to the world’s oldest stock exchange, has hosted 20 IPOs so far in 2021 for its highest-ever haul of 10.4 billion euros ($11.7 billion).
Businesses have flocked to Amsterdam as it usurped London as Europe’s premier share-trading center after Brexit. The Dutch exchange also attracted more SPACs than any other venue in the region, thanks to benign regulations and a deep pool of investors.
The latest is European Healthcare Acquisition & Growth Co BV, which made its debut Thursday. A total of 13 SPACs have listed in Amsterdam this year, including from big-name sponsors like UniCredit SpA’s former CEO Jean Pierre Mustier and billionaire Bernard Arnault.
READPalihapitiya Sells Down Position in Online Lender SoFi
Chamath Palihapitiya has sold down around 15% of his position in U.S. online lending company SoFi Technologies Inc (NASDAQ:SOFI) this week, the venture investor said in a tweet on Thursday.
Palihapitiya, founder and CEO of Social Capital, said the sale was to build up cash reserves and fund recent investments in companies such as battery materials firm Mitra Chem, fintech startup Spectral Finance and blockchain infrastructure company Syndica.
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...