Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: FiscalNote acquires South Korea-based alt data solutions provider Aicel Technologies, Securities and Exchange Board of India waits for further regulatory clarity
FiscalNote Announces Agreement to Acquire South Korea-Based Alternative Data Solutions and Software Leader Aicel Technologies
FiscalNote, a leading AI-driven enterprise SaaS company that delivers legal and regulatory data and insights, announces it has entered into a definitive agreement to acquire Aicel Technologies, a rapidly-expanding, Seoul, Korea-based alternative data company that provides unique alpha-capturing dataset solutions and extracts value and actionable insights to drive business solutions for emerging fintech markets around the world.
On November 8, 2021, FiscalNote and Duddell Street Acquisition Corp. (Nasdaq: DSAC) announced they have entered into a definitive business combination agreement that, upon closing, will result in FiscalNote becoming a publicly listed company with a pro forma market capitalization of approximately $1.3 billion.
READSebi To Wait and ‘Watch’ For Further Regulatory Clarity Around SPAC Policy
Even as the chorus around forming a SPAC policy to help global/domestic listing of new-age tech companies grows, the capital markets regulator, the Securities and Exchange Board of India (Sebi) has ruled out any immediate steps in this regard.
The regulator said there was no pressure now, as many such firms are already being traded on the domestic bourses and also because there is a lot of regulatory clarity needed for such a policy.
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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...