Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Griid in talks to merge with Adit EdTech and Essentium in talks to go public through Atlantic Coast SPAC
Bitcoin Miner Griid Is In Talks To Go Public Via Merger With Adit EdTech SPAC
Bitcoin miner Griid Infrastructure is in talks to go public through a merger with a SPAC, according to Bloomberg.
A transaction with the blank-check firm, Adit EdTech Acquisition Corp. (NYSE:ADEX), would value the combined entity at more than $3 billion. Terms aren’t finalized and talks could still fall apart.
READ3D Printing Firm Essentium in Talks to Go Public Through Atlantic Coastal SPAC
3D printing solutions provider Essentium Inc. is in talks to go public through a merger with blank-check firm Atlantic Coastal Acquisition Corp. (NASDAQ:ACAH), according to Bloomberg.
A transaction is set to value the combined company at more than $900 million. Atlantic Coastal is poised to raise additional funding via a PIPE, priced at $10 per share.
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At the SPAC of Dawn During a week in which rare earth mining and space de-SPACs have seen major gains, another blast from the past is making serious waves in the market. EV battery developer QuantumScape (NYSE:QS) rose to a 52-week high of $13.79 yesterday and is cruising even higher in the pre-market. The company...
Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...