Author: Marlena Haddad

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TPG Pace Tech Opportunities Corp. (PACE) Shareholders Approve Nerdy Deal

TPG Pace Tech Opportunities Corp. (NYSE:PACE) pre-announced in a press release yesterday that it anticipated to close its combination with remote learning platform Nerdy at a shareholder vote held earlier this morning. TPG Pace Tech has yet to announce a press release or file an 8-K following today’s shareholder meeting, but it disclosed on Monday
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Atlas Crest Investment Corp. (ACIC) Shareholders Approve Archer Aviation Deal

Atlas Crest Investment Corp. (NYSE:ACIC) has secured shareholder approval of its combination with urban air mobility company Archer at a shareholder vote earlier this morning. Although 96% of votes cast at the meeting approved of the combination, the SPAC, which raised $500 million at IPO, the trust saw 48.5% redeemed. The transaction will still generate
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The Latest SPAC News and Rumors: September 14, 2021


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

Latest SPAC News: Gogoro in talks to merge with Poema, Grab cuts projections for 2021, and Planet expands contract with NASA


Taiwanese Startup Gogoro in Merger Talks With Poema SPAC

Gogoro, a Taiwanese startup that specializes in battery-swapping technology, is in talks to go public through a merger with Poema Global Holdings Corp. ...READ MORE

Marquee Raine (MRAC) and Enjoy Technology Secure Additional PIPE Commitments

Marquee Raine Acquisition Corp. (NASDAQ: MRAC) and Enjoy Technologies announced this morning that it has cut its pro forma enterprise value from $1.18 billion to $1.06 billion and updated its investor presentation to outline recent business developments. Additionally, Enjoy was able to secure commitments from current and key investors of up to $100 million at $10.00 per
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The Latest SPAC News and Rumors: September 13, 2021


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

Latest SPAC News: MELI Kaszek Pioneer Corp. files to raise up to $250 million, MoneyLion launches crypto investing ahead of SPAC deal, and Alpha Capital seeks $1 billion technology unicorn


MercadoLibre-Sponsored SPAC Files to Raise Up to $250 Million

MELI Kaszek Pioneer Corp, a blank-check company sponsored by Latin America’s e-commerce giant MercadoLibre Inc. ...READ MORE

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Qell Acquisition Corp. (QELL) Shareholders Approve Lilium Deal

Qell Acquisition Corp. (NASDAQ:QELL) announced in a press release today that its shareholders approved its combination with renewable electric vertical take-off and landing (eVTOL) jet maker Lilium at a meeting held earlier today. The press release reported that 65% of Qell shareholders chose to redeem their shares, and the transaction resulted in $584 million in
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The Latest SPAC News and Rumors: September 10, 2021


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

Latest SPAC News: Internet entrepreneur Patrick Grove mulls Singapore SPAC, Hong Kong plans to curb access for retail investors, and SEC advisory group endorses tougher SPAC disclosure rules


Entrepreneur Patrick Grove Considering a Singapore SPAC

Internet entrepreneur Patrick Grove is weighing listing a SPAC in Singapore, joining the race to be the first to sponsor blank-check vehicles under the new rules unveiled by the city-state last week. ...READ MORE

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The Latest SPAC News and Rumors: September 9, 2021


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

Latest SPAC News: Scion of billionaire family says SPAC mergers are here to stay, Boxed and AEON launch software and services technology in Malaysia, and BuzzFeed reports 51% growth in revenue


Scion of Billionaire Family Says SPAC Mergers Are Here to Stay

Gaurav Burman, who hails from a billionaire Indian consumer-goods family, says the boom in blank-check company mergers may have eased, but don’t expect SPACs to go away. ...READ MORE

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Banner Acquisition Corp. (BNNRU) Prices $150M IPO

Banner Acquisition Corp. announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “BNNRU” Wednesday, September 8.

The Company intends to seek partnership with family-owned or founder-led businesses and industry-leading, tenured management teams looking to continue their significant ownership in the business that they have built for the long-term. ...READ MORE

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The Latest SPAC News and Rumors: September 7, 2021


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

Latest SPAC News: Traveloka to halt talks with Thiel’s Bridgetown SPAC, Tikehau Capital plans to list SPAC in Singapore, and BlackSky awarded $30 million contract


Traveloka Is Said to Halt Talks With Thiel’s Bridgetown SPAC

Indonesia’s Traveloka has halted talks to go public through a deal with Bridgetown Holdings Ltd. ...READ MORE

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Sustainable Opportunities Acquisition Corp. (SOAC) Shareholders Approve DeepGreen Metals Deal

Sustainable Opportunities Acquisition Corp. (NYSE:SOAC) announced in a press release and 8-K filing today that its shareholders approved its combination with rare earth materials miner DeepGreen Metals, but redemptions removed approximately 90.9% of the SPAC’s trust. The press release disclosed that the combined company, known as The Metals Company (“TMC”), expects to receive approximately $137.3
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