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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Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....
1RT Acquisition Corp. (NASDAQ:ONCHU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ONCHU”, Wednesday, July 2, 2025. The new SPAC plans to target company in the digital asset ecosystem involved in the creation, storage, exchange or management of such assets, whether...
D. Boral ARC Acquisition II Corp. (NASDAQ:ARBCU) has filed for a $250 million SPAC to give underwriter D. Boral a second in-house SPAC to pursue deals with. The new SPAC offers investors a 1/2 warrant and an initial 18-month time frame to complete a deal. D. Boral II’s sponsor may automatically extend this once by...
Ribbon (NASDAQ:RIBB) has entered into a definitive agreement to combine with Japanese biotech firm DRC Medicine at a pro forma equity value of $422 million. Tokyo-based DRC Medicine manufactures reusable anti-bacterial and anti-allergen wearables and aims to go deeper into the medical device and pharmaceutical space. Transaction Overview Ribbon is expected to provide $50.4 million...