Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: LanzaTech produces ethylene from CO2, Selina provides first half 2022 earnings results, and Footprint partners with SAMBAZON
LanzaTech Produces Ethylene from CO2, Changing the Way We Make Products Today
LanzaTech NZ, Inc. (“LanzaTech”), an innovative Carbon Capture and Transformation (“CCT”) company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, today announced it has successfully engineered specialized biocatalysts to directly produce ethylene from CO2 in a continuous process.
As announced on March 8th, 2022, LanzaTech has entered into a merger agreement with AMCI Acquisition Corp. II (Nasdaq: AMCI).
READSelina Provides First Half 2022 Earnings Results and Update on Business Combination
Selina, the fast-growing lifestyle and experiential hospitality brand targeting Millennial and Gen Z travelers, today announced financial results for the business for the first half of 2022 and provided an update on its proposed business combination with BOA Acquisition Corp (NYSE: BOAS) which would result in the Company becoming publicly traded.
In the first half of 2022, Selina delivered record revenue of $86 million, up 142% year-over-year, driven primarily by improved operating performance across the existing portfolio, as well as 13 new openings.
READFootprint and SAMBAZON Partner to Develop Plastic-Free Frozen Acai Bowls
Footprint, a global materials science technology company focused on creating a healthier planet, announced today a multi-year agreement to develop sustainable packaging for SAMBAZON, a leading supplier of certified fair trade and organic açaí. The partnership will leverage Footprint’s proprietary technology to bring plant-based fiber solutions to market for application in SAMBAZON’s ready-to-eat açaí bowls, a frozen product with a fifteen-month shelf life.
In December 2021, Footprint announced its intention to list on NASDAQ as a public company in a business combination agreement with Gores Holdings VIII, Inc. (Nasdaq: GIIX, GIIXW and GIIXU).
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Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...