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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News and Rumors SpaceNews: Boeing (NYSE:BA) has sued Virgin Galactic (NASDAQ:SPCE) alleging the space tourism venture refused to pay $25 million it owed for design work and violated Boeing’s intellectual property rights. Virgin Galactic combined with Social Capital Hedosophia in 2019. Bloomberg: The most popular options contract for Trump Media (NASDAQ:DJT) predicts it to plunge...
APx (NASDAQ:APXI) has entered into a definitive agreement to combine with precision medicine firms OmnigenicsAI and MultiplAI at an enterprise value $340 million. Once combined, these companies will offer DNA tests to consumers linked to predictive insights on their nutritional and genomic health. The combined company is expected to trade on the Nasdaq under the...
At the SPAC of Dawn With the pricing of IB Acquisition Corp. (NASDAQ:IBACU), March now officially has two SPAC IPOs in the books but we”ll have to see if three price to match February’s numbers. The move brings 2024’s total count to six SPAC IPOs, which continues to be a slower pace than 2023, which turned...
IB Acquisition Corp. (NASDAQ:IBACU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IBACU”, Tuesday, March 26, 2024. The new SPAC will have a broad search focus and will not be limited to a particular geographic region or industry, but believe there...
They say timing is everything and at the end of a week punctuated by two successful traditional IPOs from Astera and Reddit, the sponsor team that announced the CCIV/Lucid deal at the absolute peak of the capital markets insanity that was Q1-2021 dropped their latest new SPAC – Churchill Capital Corp. IX. Is this a...