Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Vacasa forecasts slower growth, and Boxed Q4 results show rise in online grocery adoption
Vacasa, After A Banner Year, Forecasts Much Slower Growth
Vacation rental giant Vacasa (NASDAQ:VCSA) expects to top $1 billion in revenue for the first time this year, but the Portland company said Wednesday that growth will be much slower than in the recent past.
Its revenues totaled $889 million last year, according to financial results issued Wednesday afternoon, up an astonishing 81%. But Vacasa said it expects growth of just around 30% this coming year.
TPG Pace Solutions Corp. completed its combination with vacation rental management platform Vacasa in a special meeting held on December 1, 2021.
Boxed Q4 Results Show Online Grocery Adoption Rising as Merchants Build Digital Loyalty
In its first earnings call since going public via SPAC in June 2021, Boxed shared Monday (March 15) that gross profit grew 50% year over year in the quarter, and average order value grew 12%. Additionally, the company noted strong customer loyalty.
Seven Oaks Acquisition Corp. completed its combination with ecommerce seller Boxed in a special meeting held on December 7, 2021.
READTomorrow.io Weather Satellites Pass Critical Design Review
A week after calling off a merger with Pine Technology (NASDAQ:PTOC) intended to raise $420 million for a constellation of commercial weather radar satellites, Tomorrow.io said March 16 its two pathfinder spacecraft passed their critical design review.
John Springmann, Tomorrow.io’s vice president for space, said the successful review clears the way for satellite production and keeps the operational constellation on track to start launching in 2023.
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Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...
This week, we speak with Kyivstar CEO Oleksandr Komarov about the company’s $2.2 billion dollar combination with Cohen Circle Acquisition Corp. I (NASDAQ:CCIR). Few companies have been had to forge themselves in the flames recently quite like Ukraine’s leading telecom and digital services provider Kyivstar. Now, Kyivstar is not only telling that story but pitching it to...
At the SPAC of Dawn The market still has one full trading session before it adds Tuesday’s Core CPI reading and a variety of Fed comments to messaging it is already ingesting on US President Donald Trump’s ever-shifting tariff policy. SPACs are meanwhile continuing on with business as usual, with Cayson (NASDAQ:CAPN) announcing the third...
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...