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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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...
Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...
At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...