Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Pico acquires Redline Trading Solutions, Anghami delivers new user experience through partnership with Amazon Alexa, and Novo Tellus gets nod for SPAC listing
Pico Acquires Redline Trading Solutions
Pico, a leading provider of mission critical technology, data and analytic services for the financial markets community, today announced that it has acquired Redline Trading Solutions, a multi award-winning provider of high performance trading and market data software solutions.
On August 4, 2021, Pico announced that it had entered into a definitive agreement for a business combination with FTAC Athena Acquisition Corp. (Nasdaq: FTAA).
READAnghami Delivers a New Interactive Experience Through Partnership With Amazon Alexa
Anghami Inc., the leading music streaming platform and service in the Middle East and North Africa, is now providing users in KSA and UAE a seamless innovative experience by rolling out access to its skills in not only English but also in Arabic language through its partnership with Alexa, Amazon’s smart assistant technology.
On October 14, 2021, Vistas Media Acquisition Company Inc. (NASDAQ:VMAC), a SPAC led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, and Anghami announced the submission of a Registration Statement on Form F-4 to the U.S. SEC with respect to their proposed business combination.
READSingapore’s Novo Tellus Gets Nod for Local SPAC Listing, Sources Say
Singapore’s Novo Tellus Capital Partners has received permission from the city’s stock exchange to list its blank-check company, according to Bloomberg.
The buyout firm got the eligibility-to-list letter last month for its SPAC. Novo Tellus Acquisition Corp. plans to raise S$150 million ($111 million) to S$200 million from an initial public offering.
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Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...
At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....
Cantor Equity Partners III Inc. (NASDAQ:CAEP) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CAEP”, Thursday, June 26, 2025. The new SPAC plans to combine with a target company in an industry where its management has relevant expertise such financial...
Launch One (NASDAQ:LPAA) has entered into a definitive agreement to combine with biotech firm Minovia Therapeutics at a $180 million pre-money valuation. Haifa, Israel-based Minovia is developing a drug platform based on mitochondrial cell therapies to potentially treat rare disorders as well as the effects of aging and other causes of bodily degeneration. The combined...
CEO Marc Nemati and Colombier II’s Omeed Malik break down the deal and the strategy. Despite its moniker as the “the everything store” you can’t buy everything on Amazon, and firearms are one of those things. But, GrabAGun has spent years building a platform for regulated online firearms purchases, and soon, consumers will be able...