Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Former Rusal chief launches London’s first mining SPAC, LanzaTech partners with Northwestern, Yale and NREL to establish new biology center, and Jupiter Wellness initiates clinical trial for new treatment for tinnitus
Former Rusal chief launches London’s first mining SPAC
One of the most prominent Anglo-Russian executives in the metals industry is seeking to raise $125mn for a new mining venture through a London-listed special purpose acquisition company. Artem Volynets, former chief executive of EN+ Group, believes now is a good time for mining deals, particularly for critical metals such as copper and cobalt, despite difficult market conditions.
The new blank-check fund, ACG, is seeking to raise up to $125mn in its initial public offering on Thursday and will identify a target mine producing copper, nickel, cobalt or another metal.
READLanzaTech, Northwestern University, Yale University, and NREL to Establish New Center for Multi-Scale Synthetic Biology
The U.S. Department of Energy (DOE) recently announced $178 million for bioenergy research to advance sustainable technology breakthroughs that can improve public health, address climate change, improve food and agricultural production, and create more resilient supply chains.
A team from Northwestern University, LanzaTech NZ, Inc. (LanzaTech), Yale University, and National Renewable Energy Laboratory (NREL) received $18.5 Million in funding from this grant for integrating cell?free systems and genome engineering to accelerate biosystems design for carbon?negative biomanufacturing.
LanzaTech has entered into a merger agreement for a business combination transaction with AMCI Acquisition Corp. II (Nasdaq: AMCI).
READJupiter Wellness Initiates Clinical Trial for Potential New Treatment for Tinnitus
Jupiter Wellness, Inc. (Nasdaq:JUPW), a wellness company focused on hair loss, eczema, burns, and sexual wellness announced today the initiation of a triple-blinded clinical study evaluating a possible treatment for tinnitus. To date, no effective treatment exists for tinnitus.
READLooking at February 2025 Corporate Actions, SPAC activity remained steady across extensions, announced transactions, and completions, though overall extension votes slowed compared to January. Several SPACs sought additional time to complete their deals, with some receiving approval, others awaiting results, and one ultimately canceling after a postponement. Announced transaction volume declined slightly from the previous...
At the SPAC of Dawn The first week of March is currently set to host two completion votes and an extension and postponements of these events have decreased as some market conditions have normalized. But, other factors may make this week a bumpy ride. The prospect of tariffs dividing up North American markets may come...
Terms Tracker for the Week Ending February 28, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. With four new IPOs pricing this week, February closes out with eight total IPOs, matching January’s count. That brings the year-to-date total to 16. Interestingly,...
Republic Digital Acquisition Company (NASDAQ:RDAGU) has filed for a $220 million SPAC to hunt for a target in crypto and blockchain technology. The underwriter will be Cantor, which has priced two IPOs so far this year and has four more on file to IPO including Republic Digital. The count of four “on file to IPO” ...
The crop of 13 SPAC sponsors and target companies coming loose from their lock-up agreements this month are representatives of some counter-narrative trends as the two best performing deals are Latin American companies on the eve of new tariffs and the lowest performers are those from the buzzy world of AI software applications. The deal...