Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Wag! announces record 1Q results, Semantix launches new analytics feature, and Presto partners with Famous Dave’s
Wag! Announces Record First Quarter 2022 Results, Exceeds Initial Revenue and Adjusted EBITDA Guidance
Wag Labs, Inc., an American pet services marketplace company powering a mobile-first technology platform that enables on-demand and scheduled dog walking, training, and other pet care services, which recently announced it would become publicly traded through a merger with special purpose acquisition company, CHW Acquisition Corporation (Nasdaq: CHWA), today announced financial results for its first quarter ending March 31, 2022.
Gross bookings increased 141% to $17.5 million, compared to $7.3 million in the first quarter of 2021 while revenue increased 273% to $9.7 million, compared to $2.6 million in the first quarter of 2021.
READSemantix Launches Analytics Chat
Semantix, Latin America’s first fully integrated data platform, announced today the availability of Semantix Analytics Chat, a new feature giving Semantix Data Platform users the ability to glean analytical insights into the performance of their business through easy-to-use chat functionality. The new capability is powered by Natural Language Processing (NLP) and instantly provides accurate and timely answers to commonly asked business questions.
Alpha Capital (NASDAQ:ASPC) entered into a definitive agreement to combine with data software platform Semantix in November 2021.
READFamous Dave’s Partners With Presto to Deploy Next-Gen Pay-at-Table Technology, Boost Labor Productivity and Guest Experience
Presto, a leader in the restaurant hospitality technology industry, has been selected by Famous Dave’s, owned by BBQ Holdings (NASDAQ: BBQ), as the exclusive provider of its next generation pay-at-table solutions. Designed to provide a faster and more delightful guest experience, boost guest loyalty sign-ups and improve labor productivity, the Presto pay-at-table systems will roll-out to the corporate Famous Dave’s restaurants in the United States over the next few months.
On November 10, 2021, Presto announced the execution of a definitive merger agreement with Ventoux CCM Acquisition Corp. (NASDAQ: VTAQ) that will result in Presto becoming a publicly listed company.
READWallbox Inaugurates Its New Factory in Barcelona
The President of the Generalitat de Catalunya, Pere Aragonès, the Minister for Industry, Trade and Tourism, Reyes Maroto, and the Mayor of Barcelona, Ada Colau, inaugurated Wallbox’s new plant this morning, a leading provider of electric vehicle (EV) charging and energy management solutions, located in Barcelona’s Zona Franca.
Kensington Capital Acquisition Corp. II completed its combination with EV charging station provider Wallbox in September 2021.
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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...