Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Temasek-backed Vertex gets approval to list SPAC in Singapore; Colin Kaepernick’s SPAC deal collapses
Temasek-Backed Vertex Wins Nod for SPAC Listing in Singapore
Temasek Holdings Pte-backed Vertex Venture Holdings Ltd. has become the first blank-check company sponsor in Singapore to receive an eligibility-to-list letter from the local exchange.
The firm has incorporated a company called Vertex Technology Acquisition Corporation Ltd. in the Cayman Islands as a SPAC, according to a filing to the Singapore Exchange on Dec. 24. The listing is subject to certain conditions as well as the broader market environment.READ
Colin Kaepernick SPAC Deal Collapses
Colin Kaepernick balked at requests from Change Co. executives that he sit for an appearance with George Stephanopoulos on “Good Morning America” and declined to participate in interviews as part of the company’s rollout, according to the Wall Street Journal.
The deal is now dead, people familiar with the issue said.
A spokesman for Mr. Kaepernick’s Mission Advancement Corp. (NYSE:MACC) said that the company operates “with the highest ethical standards” and will “continue our work while we look for a great fit to merge with in 2022.”READ