Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: LiveWire climbs in volatile trading and Rocket Lab to fire up first tests of new engine next year
Harley-Davidson’s E-Bike Spinoff Climbs in Volatile Trading
LiveWire Group Inc. (NYSE:LVWR) jumped Monday as the electric motorcycle business spun off by Harley-Davidson Inc. (NYSE:HOG) rebounded from last week’s disappointing stock market debut.
The shares surged as much as 46% during the regular session — after a 91% pop during premarket trading — despite no company announcements or other apparent news involving LiveWire. The stock was up 13% to $8.09 at 9:49 a.m. in New York.
LiveWire began trading Sept. 27 after completing a merger with AEA-Bridges Impact Corp.
READRocket Lab to fire up first tests of new engine next year
Launch company Rocket Lab (NASDAQ:RKLB) by next year plans to conduct initial hot-fire tests of a new, more powerful engine that will power its next-generation Neutron rocket, the company’s chief executive told Reuters.
Rocket Lab went public through a merger with a SPAC, in August 2021, unlocking $777 million in gross cash proceeds.
READSalunda Limited Executes Exclusive License Agreement with Transocean for HaloGuard Real-Time Zone Management Technology
Salunda Limited today has announced an exclusive license agreement with Transocean (NYSE: RIG) to make, develop and sell HaloGuard®, the offshore drilling industry’s first safety system that integrates camera and sensor technology with drilling equipment and machine controls.
Transocean’s patented HaloGuard® methodology and technology are licensed exclusively to Salunda Limited. HaloGuard® was developed by Nauticus Robotics (NASDAQ: KITT) with Salunda Limited.
CleanTech shareholders approved its combination with subsea robot company Nauticus in September 2022.
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A Paradise (NASDAQ:APADU) has filed for a $200 million SPAC to get a fresh Asia-focused vehicle on the road with a leader that has steered several SPACs before. The new SPAC continues underwriter Cohen & Company’s warpath as its 15th SPAC put on file this year, with the firm’s 12th SPAC IPO debut set for...
On this week’s SPACInsider REPLAY, we revisit a 2022 conversation with Harry Sloan of the Eagle SPACs. At the time, Harry had already completed seven SPACs and was closing in on his eighth. As markets cooled and the SPAC boom waned, Harry offered a prescient take on where the market was headed—and what a “post-boom”...
At the SPAC of Dawn Betsy Cohen’s team is back with a new S-1 filing for Cohen Circle II (NASDAQ:CCIIU). The filing is good news for the health of the SPAC market as it represents something of a second wave of SPACs by the serial sponsor teams. Cohen Circle I (NASDAQ:CCIR) listed in October 2024...
Cal Redwood Acquisition Corp. (NASDAQ:CRACU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CRAQU”, Friday, May 23, 2025. The new SPAC aims to combine with a company in the technology, media and telecommunications sector at the crossroads of emerging trends like...
At the SPAC of Dawn After trickling down to $12.82 at one point in the past year, Sable Offshore (NYSE:SOC) is back on a hot streak now that its oil operations are fully up and running. Having merged with Flame in February 2024, Sable became SPACInsider’s deal of the year, based on the vision that...