Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Semantix highlights achievements in first half of 2022, DPCM announces quantum computing audio feature, and Harley-Davidson delivers second quarter results
Semantix Highlights Achievements in First Half of 2022
Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022. These milestones align perfectly with the company’s broader market strategy and include a combination of customer, partner, technological and operational growth for the business as it continues on its path to the public markets.
Customer and partner growth continues to be at the center of Semantix’s success. In the first half of 2022, the company added 41 new clients, extended its relationships with several long-standing marquee clients, and partnered with the Massachusetts Institute of Technology (MIT) for its Industrial Liaison Program (ILP) where Semantix will help monitor emerging technology trends and work directly with faculty on forthcoming research and recruitment efforts.
On November 16, 2021, Semantix entered into a definitive merger agreement with Alpha Capital Acquisition Company (NASDAQ: ASPC).
READDPCM Capital Inc. Announces Quantum Computing Audio Feature
DPCM Capital Inc. (NYSE: XPOA) today announced the availability of a broadcast titled, “Quantum Computing Has Arrived.”
DPCM initially announced its $1.35 billion deal with D-Wave on February 8, 2022. The world’s first commercial supplier of quantum computers, D-Wave Systems Inc. is a leader in the development and delivery of quantum computing systems, software, and services and is the only company building both annealing quantum computers and gate-model quantum computers
READHarley-Davidson Delivers Second Quarter Financial Results
Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today reported second quarter results.
Global motorcycle shipments were adversely impacted (down 15% in Q2) by the approximately two-week production suspension caused by a regulatory compliance matter at a third-party supplier.
HDMC’s revenue dropped 5% with global pricing and growth within apparel offsetting much of the negative impact from the temporary production suspension. For the full year 2022, Harley-Davidson reaffirms its initial guidance and continues to expec revenue growth of 5 to 10% and operating income margin of 11 to 12%.
AEA-Bridges Impact Corp. (“ABIC”) (NYSE:IMPX) entered into a definitive agreement to combine with Harley-Davidson’s (NYSE:HOG) electric motorcycle division LiveWire in December 2021.
READAetherium Acquisition Corp. Innovates SPAC Management Implementing the CovQ Value Creation System Developed by 8W8 Global Business Builders
Aetherium Acquisition Corp. (NASDAQ:GMFI) announced today that it has begun implementation of the Compound Value Creator Quotient “CovQ”) platform to accelerate the execution of its post-IPO De-SPAC processes including the identification of potential acquisition targets and business combination activities. The company’s executive team also plans to use CovQ to manage the value creation strategies together with the business combination targets of their current and subsequent SPACs.
CovQ is an integrated business building suite of services encompassing a method, framework, know-how, and management expertise to deliver compound value creation embedded in a powerful and efficient SaaS platform for strategy execution, reporting, executive alignment and collaboration.
READTerms 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...
Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...
At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...