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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Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....