Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Eve partners with Porsche Consulting, Footprint reports strong start to 2022 with record revenue, and Selina opens flagship hotel
Eve Partners with Porsche Consulting to Define eVTOL Global Manufacturing, Logistics and Supply Chain Strategy
Eve Holding, Inc. (NYSE: EVEX), a leader in the development of next-generation Urban Air Mobility (“UAM”) solutions and a carve-out from Embraer S.A. (“Embraer”), announced today that it has chosen Porsche Consulting, Inc. to help define the eVTOL (electric vertical take-off and landing) supply chain, global manufacturing and logistics macro strategy.
Zanite shareholders approved its combination with urban air mobility firm Eve on May 6, 2022.
READFootprint Reports Strong Start to 2022 with Record Revenue, Capacity Expansion
Footprint, a global materials science technology company focused on creating a healthier planet through the design, development and advanced manufacturing of plant-based biodegradable, compostable and recyclable solutions to replace single- and short-term use plastics, today reported a strong start to 2022 with record revenue growth and expanded capacity.
Footprint intends to list on the Nasdaq in a proposed business combination with Gores Holdings VIII, Inc. (Nasdaq: GIIX).
READSelina Opens U.S. Flagship Hotel in Washington, D.C.’s Union Market
Selina, the fast-growing lifestyle and experiential hospitality brand targeting millennial and Gen Z travelers, has opened Selina Union Market in Washington, D.C.’s blossoming Union Market neighborhood. The hotel—the seventh for Selina in the U.S.—expands Selina’s global portfolio to over 155 open and secured properties. Designed for digital nomads and modern travelers, Selina offers guests alternative ways to stay, play and work at their unique destinations around the world. Selina Union Market is the brand’s signature U.S. property, featuring all of the unique elements and offerings that makes Selina one of today’s most dynamic and forward-thinking hospitality brands.
On December 2, 2021, Selina entered into a definitive merger agreement with BOA Acquisition Corp. (NYSE: BOAS), the closing of which, which is subject to customary conditions, will result in Selina becoming a publicly listed company.
READMANSCAPED Launches Newest Routine, The Platinum Package 4.0
Today, men’s lifestyle consumer brand and male grooming category creator, MANSCAPED™, announces the launch of The Platinum Package 4.0, available now in the United States and Canada. On the heels of the successful debut of its UltraPremium Collection, launched earlier this year, MANSCAPED’s latest kit features a variety of the brand’s expertly designed tools and formulations that together offer the very best grooming routine from head-to-toe.
On November 23, 2021, MANSCAPED announced its entry into a definitive business combination agreement with Bright Lights Acquisition Corp. (Nasdaq: BLTS).
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Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...
At the SPAC of Dawn Tucked into the bill that provides $95 billion in funding to American allies passed by the House this weekend is another measure that is likely to have far more impact on at least one pending deal in SPAC world. It would appear that the timing was fortuitous for TikTok rival...
With the passage this weekend of $95 billion in funding for Ukraine, Israel and Taiwan by the House of Representatives, some focus has gone back towards the defense sector, which has generally had a good year as a whole. But, SPACs have not been as active in defense, despite the fact that companies in the...
At the SPAC of Dawn As April’s sleepy month for SPAC news continues, there is only one special meeting on the docket to consider a SPAC deal approval, that being today’s vote on Pegasus Digital Mobility‘s (NYSE:PGSS) combination with equipment manufacturer Schmid. Three more SPACs are facing extension votes this week, including Pyrophyte (NYSE:PHYT), whose...
Terms Tracker for the Week Ending April 19, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Passover and school spring break starts next week, which most likely means a slowdown in SPAC filing activity. Although Churchill IX is now rumored to...