Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: D-Orbit signs launch contract with Isar Aerospace and Rezolve partners with ACI Worldwide
D-Orbit Signs Launch Contract With Isar Aerospace
D-Orbit, the space logistics and orbital transportation company that is going public through a transaction with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), announced today the signing of a launch contract with European launch services provider Isar Aerospace. D-Orbit will launch its ION Satellite Carrier (“ION”), the company’s versatile and cost-effective orbital transfer vehicle (OTV) designed both to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit, aboard Isar Aerospace’s Spectrum launch vehicle for small and medium-sized payloads.
This launch contract brings D-Orbit one step closer to achieving a launch schedule able to meet the increasing demand for last-mile space transportation solutions and in-orbit demonstration of third-party payloads.
READRezolve Strategically Partners with ACI Worldwide to Transform Omni Channel Commerce and Mobile Engagement for Merchants
Rezolve, a leader in mobile commerce and engagement and ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced a strategic partnership that will see Rezolve’s technology integrated into the ACI Omni-Commercesolution, a secure omni-channel payment processing platform with the flexibility to support the in-store, online and mobile needs of consumers.
On December 17, 2021, Rezolve announced that it had entered into a definitive business combination agreement with Armada Acquisition Corp. I (NASDAQ: AACI).
READAt the SPAC of Dawn There are signs that the macro environment for SPACs is gradually improving, but the Screaming Eagle team yesterday announced a non-redemption agreement for its combination with Lionsgate Studios. Such agreements are generally a lever one pulls when a SPAC expects a potentially turbulent closing. All in all, the terms for...
Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...
At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...
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...