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The Latest SPAC News and Rumors: August 8, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Novibet announces agreement with Caesars Entertainment and Hyzon Motors falls after disclosing financial troubles


Novibet Provides Updates on North America Expansion Strategy Including Recent Agreement With Caesars Entertainment Granting Company New Jersey Market Access for iGaming and Online Sports Betting

Logflex MT Holding Limited (doing business as Novibet), an established, profitable, iGaming and Online Sportsbook provider operating in several countries across Europe, today provided an update on its progress toward furthering its North America expansion strategy. ...READ MORE

DPCM Capital (XPOA) Shareholders Approve D-Wave Systems Deal

DPCM Capital (NYSE:XPOA) announced in a press release this afternoon that its shareholders have approved its combination with quantum computing firm D-Wave Systems at a special meeting held August 2.

But, the SPAC’s 8-K filing disclosed that stockholders holding 29,097,787 shares of Class A Common Stock exercised their right to redeem for a pro rata portion of the funds in DPCM’s trust account. ...READ MORE

new-spac

New SPAC: Global Star Acquisition, Inc. Files for $80M IPO

Global Star Acquisition, Inc. (NASDAQ:GLSTU) filed its S-1 last Friday for an $80 million IPO, marking the fifth and final SPAC to file for an IPO in July. The new SPAC intends to focus its efforts on middle market fintech and proptech businesses that offer technology solutions, broader technology software, services or products to the financial services
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latest-news

The Latest SPAC News and Rumors: August 5, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: SPACs remain hotter than IPOs, Arrival halts electric bus and car projects, and WeWork posts smaller loss as office occupancy grows 


SPACs remain hotter than IPOs

Fintech firm Seamless, which agreed to go public at an implied $400 million valuation via a SPAC called INFINT Acquisition Corp.  ...READ MORE

IPO-Pricing
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The Latest SPAC News and Rumors: August 4, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Nikola stands by 2022 electric big rig goal, Nauticus Robotics announces contract with Shell, and InfiniteWorld acquires Super Bit Machine


Nikola Stands by 2022 Electric Big Rig Goal as Sales Climb

Nikola Corp. ...READ MORE

Colonnade Acquisition Corp. II (CLAA) to Combine with Plastiq in $480M Deal

Colonnade Acquisition Corp. II (NYSE: CLAA) has entered into a definitive agreement to combine with payment platform Plastiq at an enterprise value of $480 million, or 6.4x 2022E net revenue of $75 million. San Fransisco-based Plastiq enables small and midsize business (SMB) to scale faster with easy access to working capital, freedom of choice in B2B payments,
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IPO-Pricing

Mobiv Acquisition Corp. (MOBVU) Prices $87M IPO


Mobiv Acquisition Corp.  priced its $87 million IPO and its units are expected to begin trading on the NASDAQ under the symbol “MOBVU” Thursday, August 4, 2022.

The new SPAC will focus its efforts on acquiring a technology company that is driving its growth in the electric vehicle (“EV”) and urban “smart” mobility industry including adjacent businesses in the sustainable transportation and related ecosystem. ...READ MORE

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The Latest SPAC News and Rumors: August 3, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Forbes explores sale months after terminating SPAC deal and Interra refiles for Hong Kong listing


Forbes explores sale, hires Citigroup as banker

Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the process, months after it pulled out of a deal to go public through a SPAC. ...READ MORE

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The Latest SPAC News and Rumors: August 2, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Lidar maker Innoviz wins $4 billion Volkswagen contract


Israeli lidar maker Innoviz wins $4 billion Volkswagen contract for millions of sensors

Israeli lidar maker Innoviz (NASDAQ:INVZ) announced Tuesday it has won a contract to supply lidar units and related software for autonomous driving to a unit of Volkswagen, in a deal worth $4 billion in sales over eight years. ...READ MORE

latest-news

The Latest SPAC News and Rumors: August 1, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Nikola buys Romeo Power for 11% of SPAC valuation, Morgan Stanley’s top SPAC banker exits for Elliott, and SeaStar Medical reports successful treatment 


Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation 

Nikola Corp. ...READ MORE

Galata Acquisition Corp. (GLTA) to Combine with Marti in $532M Deal

Galata Acquisition Corp. (NYSE: GLTA) has entered into a definitive agreement to combine with Turkish mobility app Marti at an enterprise value of $532 million, or 4.2x 2023 fully deployed net revenue of $125 million. Istanbul, Turkey-based Marti operates a fleet of over 46,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure. The
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new-spac

New SPAC: Cetus Capital Acquisition Corp. Files for $60M IPO

Cetus Capital Acquisition Corp. (NASDAQ:CETSU) filed its S-1 Thursday morning for a $60 million IPO, marking the fourth SPAC to file for an IPO in July. Cetus has set its sights on acquiring a target business in the industrials, information technology and Internet-of-Things industries with a total enterprise value ranging from $200 million to $1 billion.
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The Latest SPAC News and Rumors: July 29, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Playtech no longer pursuing SPAC deal with Caliente and NewAmsterdam Pharma doses first patient in phase 3 trial


Playtech says no longer pursuing SPAC deal for unit of peer Caliente

UK gambling software provider Playtech said on Friday it had stopped pursuing talks with Caliente Interactive for the Mexican sports betting firm’s unit Caliplay to list publicly in the United States via a SPAC deal, citing weak capital market conditions. ...READ MORE

new-spac

New SPAC: PROTONIQ Acquisition Corp. Files for $100M IPO

PROTONIQ Acquisition Corp. (NASDAQ:PROQ) filed its S-1 yesterday afternoon for a $100 million IPO, marking the third SPAC to file for an IPO in July. The SPAC has chosen to set its sights on companies globally, with a particular focus on opportunities in the Asia-Pacific (APAC) region. This SPAC intends to concentrate its efforts on identifying
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