Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT
Saxo Bank Explores Amsterdam Listing with SPAC Deal
Denmark-headquartered broker, Saxo Bank announced its intentions on Thursday to become a public company by merging with the blank-check company, Disruptive Capital Acquisition Company Limited (DCAC).
If the deal is materialized, the merged entity will be listed on Euronext Amsterdam. Additionally, Saxo will become one of the few publicly listed brokerages.
READFaZe Clan Enters the Metaverse in Partnership with The Sandbox to Bring “Faze World” to Life
FaZe Holdings Inc. ( Nasdaq: FAZE), the lifestyle and media platform rooted in gaming and youth culture, today announced a strategic partnership with The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands. The partnership marks FaZe Clan’s official inaugural entry into the metaverse.
READGTI collaborates with Massachusetts Institute of Technology
The combined entity of Graphjet Technology Sdn Bhd (GTSB) and Energem Corp has collaborated with the US-based Massachusetts Institute of Technology (MIT) to work on the graphite and graphene industry.
GTSB and Energem, under a SPAC GTI, aim to meet with leading faculty and researchers at MIT and reaffirm their pioneering position in the graphite and graphene industry.
GTSB is en route for a listing targeted to complete in the fourth quarter of 2022 through a merger and SPAC transaction with Energem Corp (NASDAQ:ENCP).
READ
At the SPAC of Dawn De-SPACs have continued to be able to raise significant capital this quarter. This morning, two more companies launched share offerings while another pulled in private capital funding from a strategic partner. This is a good sign for the ability of SPACs to raise PIPE capital for any forthcoming deals as...
At the SPAC of Dawn SPACs have scheduled eight extension votes ahead of what is frequently a busy Christmas week for the market, although none of these are set to complete a deal. There will also be plenty of economic indicator releases this week, but only manufacturing numbers slated for this morning. Meanwhile the market’s...
Terms Tracker for the Week Ending December 13, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. SPACs managed three more IPO pricings this week bringing the 2024 YTD count to 55 with $9.3 billion in total gross proceeds raised. However, December...
At the SPAC of Dawn As the sun sets on SEC Chair Gary Gensler’s term, so too is some of the conventional wisdom around SPACs that came to prominence immediately after the SPAC boom of 2020-2021. Aside from the fact that a large portion of the listed companies that emerged from that class are now...
Roman DBDR Acquisition Corp. II (NASDAQ:DRDBU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DBDRU”, Thursday, December 12, 2024. The new SPAC intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries.. The Company’s...