Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Boxed acquires MaxDelivery and Revelation Biosciences announces creation and appointments to scientific advisory board
Boxed Expands into Fast, Fresh Grocery Delivery with Acquisition of MaxDelivery
Boxed, an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced the signing of a definitive agreement to acquire MaxDelivery, one of New York’s first on-demand grocery delivery services.
The transaction is expected to close in December 2021, subject to certain undisclosed financial terms and customary closing conditions.
Seven Oaks Acquisition Corp. (NASDAQ:SVOK) entered into a definitive agreement to merge with Boxed on June 14.
READRevelation Biosciences Inc. Announces Creation and Appointments to Scientific Advisory Board
Revelation Biosciences Inc., a clinical-stage life sciences company that is focused on the development of immunologic-based therapies for the prevention and treatment of disease, today announced it has created a scientific advisory board and appointed Catherine Blish M.D., Ph.D., and Paul Spearman M.D. to its scientific advisory board.
Revelation recently announced that it has entered into a definitive merger agreement with Petra Acquisition, Inc. (NASDAQ: PAIC).
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Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...
At the SPAC of Dawn A brand new market may have just opened up for space de-SPACs as NASA administrator Bill Nelson announced a shift in the agency’s $11 billion program for a mission to return samples from Mars. Rather than rely on the agency’s internal technologies that would be predicted to get a sample...
Overall deal flow between SPACs and biotech firms has slowed over the last year, but some pending FDA changes could breathe new life into particular business models within the space. In particular, the FDA has asked Congress as part of its 2025 Legislative Proposals to eliminate the interchangeability designation for biosimilar medications, claiming the existing...
At the SPAC of Dawn Ever since Digital World announced its combination with Trump Media (NASDAQ:DJT) back in October 2021, it was clear that SPACworld and the Trump show were set to be intertwined for quite some time. And, although not every headline has a bearing on the wider SPAC world, Trump Media’s post-close rise...
AltC (NYSE:ALCC) has reportedly been taking the pitch deck for its combination with nuclear fission firm Oklo on the road in recent weeks, which has generated the rare result of a SPAC trading significantly above its trust value still well before completing its deal. The SPAC has an estimated $10.59 per share in its trust...