Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Gogoro unveils swappable solid state battery for electric vehicles, Snoop Dogg joins Faze Clan’s board of directors, and ex-Tesla lawyer gets $30M to join Luminar
Gogoro Unveils World’s First Swappable Solid State Battery Prototype for Electric Vehicles
Gogoro® Inc., a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced the world’s first solid-state lithium ceramic battery prototype for two-wheel battery swapping. Jointly developed by Gogoro and ProLogium Technology, a global leader in solid state battery technology, the new Gogoro solid state battery prototype integrates with Gogoro’s existing vehicles and swapping network.
Poema Global Holdings Corp. (NASDAQ:PPGH) entered into a definitive agreement to combine with electric vehicle (EV) battery re-charger Gogoro in September.
READSnoop Dogg to Join Faze Clan’s Board of Directors And Becomes Newest Talent Member
FaZe Clan, Inc. the digitally native lifestyle and media platform rooted in gaming and youth culture, announced today that the entertainment icon, avid gamer, and owner of Death Row Records, Snoop Dogg will become a member of FaZe Clan’s talent network and, upon closing of the previously announced business combination with B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM), will join FaZe Clan’s board of directors.
READEx-Tesla Top Lawyer Gets $30 Million to Join Startup Luminar
Luminar Technologies Inc. (NASDAQ:LAZR) gave its new chief legal officer Alan Prescott nearly $30 million in total compensation last year to lure him away from Tesla Inc.
Prescott, a former safety engineer and in-house lawyer at Ford Motor Co., served as senior counsel for autonomous vehicles at Uber Technologies Inc. prior to joining Tesla in 2017. He became acting general counsel and corporate secretary for Elon Musk’s electric automaker in late 2019.
Luminar is a laser sensor startup backed by billionaire Peter Thiel that went public in 2020 by merging with Gores Metropoulos.
READMeesho IPO: SPAC Listing in US Or Public Offering in India on the Cards
Social commerce marketplace Meesho is looking to finalize a location and build a compliance framework by the end of this month, for its public offering planned in the first half of 2023. The Facebook and Softbank-backed company is contemplating choosing from either a public listing in India or a SPAC-listing in the US.
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Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCIIU”, Tuesday, July 1, 2025. The new SPAC plans to combine with a target company in the financial services technology (fintech) sector and fintech adjacent sectors that...
Indigo Acquisition Corp. (NASDAQ:INACU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “INACU”, Tuesday, July 1, 2025. The new SPAC plans to combine with an established, profitable company whose growth potential can benefit from its team’s expertise. Indigo’s management team is...
After a quiet June, July is set to be active throughout the month with nine de-SPACs and sponsors coming unlocked from their trading restrictions. This timing is most fortuitous for insurance investor Abacus Life (NASDAQ:ABL) and East Resources, which took it public in 2023, as it is the best performer of this group of companies...
Pyrophyte II (NYSE:PAII.U) has filed for a $175 million SPAC to dig for a natural resources target while the team’s first deal remains pending. The new SPAC is offering investors 1/2 warrants in each unit and it will have 24 months to complete a business combination without asking shareholders for an extension. It is the...
At the SPAC of Dawn The last day of the quarter is to play host to a pair of shareholder votes and a possible pricing of Indigo‘s (NASDAQ:INACU) $100 million IPO. This week is also to play host to fresh jobs numbers just before the long July 4 weekend. Black Hawk (NASDAQ:BKHA) was also one...