Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Primavera, ABCI considers SPAC listing in Hong Kong; MANSCAPED and UFC announce multi-year extension of partnership
Primavera, ABCI Weighing to Join Hong Kong SPAC Race, Sources Say
Buyout firm Primavera Capital and the investing arm of ABC International Holdings Ltd. are considering forming a blank-check company to list in Hong Kong as the Asian financial hub prepares to welcome the first such vehicles to its stock exchange.
ABCI’s investment banking arm and JPMorgan Chase & Co. (NYSE:JPM) are working on the SPAC’s potential IPO. The SPAC could raise a few hundred million dollars, and could target a merger with a firm in the consumer sector.
READMANSCAPED and UFC Announce Multi-Year Extension of Their Iconic Partnership
MANSCAPED™, the leading men’s lifestyle consumer brand and male grooming category creator, and UFC®, the world’s premier mixed martial arts organization, today announced a multi-year extension of their partnership in which MANSCAPED will continue to serve as the first-ever Official Electric Trimmer of UFC. Partnership integrations and new enhancements have rolled over into the renewal to much fan acclaim and will continue over the next three years.
On November 23, MANSCAPED entered into a definitive agreement to combine with Bright Lights Acquisition Corp. (NASDAQ:BLTS).
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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...