Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Rezolve names former Adobe marketing head to be CEO of India Operations, and Trump teases first post on TRUTH Social
Rezolve Names Former Adobe Marketing Head Sunder Madakshira CEO of India Operations
Rezolve, a leader in mobile commerce and engagement, today named Sunder Madakshira, the former head of marketing at Adobe, as the company’s chief executive officer in India. In this role, Madakshira will lead all aspects of growth for Rezolve’s business in India.
On December 17, 2021, Rezolve announced that it had entered into a definitive business combination agreement with Armada Acquisition Corp. I (NASDAQ: AACI).
READTrump Teases First Post On New Twitter-like TRUTH Social Site
Former President Donald Trump is preparing for his return to social media — posting his first message on a beta version of his eagerly awaited new platform, TRUTH Social.
“Get ready! Your favorite president will see you soon,” Trump wrote in a message that was shared by his son Donald Trump Jr. on Twitter, the site that TRUTH Social aims to displace.
Digital World (NASDAQ:DWAC) gained 2.54% after the former President posted on the app.
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Oxley Bridge Acquisition Limited (NASDAQ:OBAU) has filed for a $220 million SPAC with a focus on finding a consumer or technology target in an Asian country other than China. The new SPAC is not overfunded and offers a 1/2 warrant in each unit with 24 months to initially complete a business combination without an automatic...
At the SPAC of Dawn While the world was glued to the public falling out between Elon Musk and President Donald Trump yesterday with a mix of bemusement and surprise, the spat is not without its ramifications for de-SPACs and sectors that searching SPACs have favored. Trump leveled a threat toward Musk’s many government contracts...
Churchill IX (NASDAQ:CCIX) has entered into a definitive agreement to combine with autonomous trucking technology firm Plus at a pro forma enterprise value of $1.308 billion. Santa Clara, California-based Plus is developing software to autonomously drive heavy trucks that it expects to launch commercially in 2027. The combined company is expected to trade on the...
At the SPAC of Dawn Following yesterday’s ADP data reading showing that the US job market is cooling, the trading session is to begin today with an update on initial jobless claims, which had been expected to fall slightly. The market will also get trade deficit and productivity readouts before a pair of speeches by...
At the SPAC of Dawn Space has been one of the most promising sectors for SPAC deals in recent years with four of the 14 de-SPACs that closed deals dating back to 2019 now trading above $10 and two of these above $20. A new company is about to test the traditional route to market,...