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The Latest SPAC News and Rumors: January 12, 2022


The Latest SPAC News and Rumors: January 12, 2022

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.


MANSCAPED 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).