The Latest SPAC News and Rumors: December 14, 2021
by Marlena Haddad on 2021-12-14 at 11:44am

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Bill Ackman’s SPAC calls investor claim that it’s illegal ‘fictional’, and SoundHound partners with Netflix


Bill Ackman’s SPAC Calls Investor Claim That It’s Illegal ‘Fictional’

Bill Ackman’s Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) called investor claims that it’s operating illegally not just implausible, but “fictional,” and repeated a request that the shareholder’s lawsuit be thrown out.

Shareholder George Assad sued the blank-check company in August, less than a month after it abandoned plans for a deal with Universal Music Group, claiming it’s not a SPAC, but an investment company and should be regulated as one.

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SoundHound Inc. and Netflix Partner to Voice-Enable RDK-Based Set-Top Boxes

SoundHound Inc., a global leader in voice artificial intelligence, currently in the process of becoming a public company through its expected merger with Archimedes Tech SPAC Partners Co. (NASDAQ: ATSPU) today announced they will partner with Netflix to provide a voice AI interface for its Da Vinci Reference Design Kit  solution.

The addition of the voice user interface will allow operators to provide more convenient, easier, and hands-free experiences to their subscribers without the need to develop a voice solution on their own—thereby reducing time-to-market and costs.

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The Latest SPAC News and Rumors: December 14, 2021
Recent Posts
by Nicholas Alan Clayton on 2025-07-14 at 12:51pm

Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...

by Nicholas Alan Clayton on 2025-07-14 at 11:13am

Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...

by Kristi Marvin on 2025-07-14 at 9:19am

This week, we speak with Kyivstar CEO Oleksandr Komarov about the company’s $2.2 billion dollar combination with Cohen Circle Acquisition Corp. I (NASDAQ:CCIR). Few companies have been had to forge themselves in the flames recently quite like Ukraine’s leading telecom and digital services provider Kyivstar. Now, Kyivstar is not only telling that story but pitching it to...

by Nicholas Alan Clayton on 2025-07-14 at 8:30am

At the SPAC of Dawn The market still has one full trading session before it adds Tuesday’s Core CPI reading and a variety of Fed comments to messaging it is already ingesting on US President Donald Trump’s ever-shifting tariff policy. SPACs are meanwhile continuing on with business as usual, with Cayson (NASDAQ:CAPN) announcing the third...

by Kristi Marvin on 2025-07-12 at 10:02am

Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...

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