Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Satellogic announces launch of new satellites, crypto exchange Bullish eyes debut amid regulatory delays, and China bars mainland brokers from promoting SPACs
Satellogic Announces Upcoming Launch of Five New Satellites Onboard SpaceX Transporter-4 Mission
Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution satellite imagery collection, announced today it has shipped five satellites to be launched in early Q2 from Cape Canaveral. The launch will be part of SpaceX’s Transporter-4 mission onboard the highly flight-proven Falcon 9 reusable, two-stage rocket, under SpaceX’s Rideshare program.
CF Acquisition Corp. V shareholders approved its combination with orbital imagery company Satellogic in a special meeting held earlier this year on January 24.
READThiel-Backed Crypto Exchange Eyes Debut Amid Regulatory Delays
Crypto exchange Bullish is eyeing a public debut in the second quarter after regulatory delays kept the company backed by billionaires Peter Thiel and Richard Li from merging with a SPAC and listings shares at the end of last year.
Bullish extended the March deadline for its $9 billion tie-up with Far Peak Acquisition Corp. (NYSE:FPAC) to May on Tuesday as the agreement still awaits approval by the U.S. Securities and Exchange Commission. The deal is among a slew of crypto firms merging with SPACs that have been slowed down by regulatory reviews, including stablecoin operator Circle and Israeli crypto platform operator eToro Group. Setting up the exchange has been “hectic,” according to Tom Farley, chief of Far Peak and expected CEO of the combined company.
READChina Bars Mainland Brokers From Promoting SPAC Deals in Hong Kong
China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in Hong Kong, cutting off a potentially lucrative business.
The China Securities and Regulatory Commission (CSRC) has decided to take the step, which was communicated to the mainland investment banks earlier this year, due to concerns over the risks associated with those vehicles.
READChinese Startups’ SPAC Listings Gather Pace As Tougher Offshore IPO Rules Loom
Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing’s tighter scrutiny has slowed capital raising via overseas IPOs, company executives and bankers said.
As a string of SPACs hunt for targets to merge with, the startups see an opportunity to raise funds and get listed by cutting the time and regulatory rigor needed for traditional market debuts.
READOuster Introduces Chronos: The Best-in-Class Automotive Digital Lidar Chip
Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution digital lidar sensors, today announced the introduction of the Chronos chip, an automotive-grade, fully custom digital lidar silicon receiver that will power its DF solid-state sensor suite. The state-of-the-art Chronos chip is the foundation of the DF architecture and enables Ouster to deliver more performant, power efficient, and compact digital lidar sensors that enable L2 to L5 automation in high-volume automotive series production vehicles.
Colonnade Acquisition Corp. completed its business combination with lidar-maker Ouster following a special meeting March 9, 2021.
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Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...
M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...
At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...