Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Hambro Perks eyes first London SPAC listing under new rules, and Matterport expands capture services on-demand by 55%
VC Firm Hambro Perks Eyes First London SPAC Listing Under New Rules
U.K. venture capital firm Hambro Perks Ltd. aims to raise 140 million pounds ($187 million) listing a SPAC in London, in what could be the market’s first major blank-check offering since overhauling its rules.
Hambro Perks Acquisition Co. plans to sell 14 million units at 10 pounds apiece, it said in a statement Tuesday. Each unit represents one share and the right to receive half a warrant. It will seek to merge with a late-stage technology-enabled company, with a focus on firms from the U.K. and Europe.
READMatterport Expands Capture Services On-Demand by 55% to Serve More Businesses Across the US and Great Britain
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced another expansion of Matterport Capture Services On-Demand that adds 16 U.S. cities and 20 in Great Britain to its service map, increasing its regional coverage by 55 percent. Demand for the online service is growing as more businesses use Matterport digital twins for a more efficient way to design, build, promote and manage their spaces online.
Gores Holdings VI completed its combination with Matterport earlier this year on July 22.
READ
At the SPAC of Dawn There are signs that the macro environment for SPACs is gradually improving, but the Screaming Eagle team yesterday announced a non-redemption agreement for its combination with Lionsgate Studios. Such agreements are generally a lever one pulls when a SPAC expects a potentially turbulent closing. All in all, the terms for...
Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...
At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...
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...