Author: Marlena Haddad

Sustainable-opportunities-metals-company-4x6

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
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news
IPO-Pricing
IPO-Pricing
latest-news
IPO-Pricing

Insight Acquisition Corp. (INAQ.U) Prices $240M IPO

Insight Acquisition Corp. announced the pricing of its $240 million IPO and its units are expected to begin trading on the NYSE under the symbol “INAQ.U” Thursday, September 2.

The new SPAC intends to focus its search on businesses in the FinTech or financial services industry with an enterprise value of approximately $750 million to $1.5 billion, with particular emphasis on businesses that are providing or changing technology for traditional financial services (“FinTech”), those in the wealth, investment, asset management and insurance sectors, or certain types of technology companies that provide services to the FinTech or financial services companies. ...READ MORE

IPO-Pricing
redwire-logo

Genesis Park Acquisition Corp. (GNPK) Shareholders Approve RedWire Deal

Genesis Park Acquisition Corp. (NYSE:GNPK) announced in an 8-K filing today that its shareholders have approved its combination with aerospace part manufacturer RedWire in a meeting held earlier this morning. The filing did not disclose redemption figures, but GNPK traded above $10 throughout its redemption deadline August 30.  GNPK fell by 1.28% and closed at
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
renovacor logo

Chardan Healthcare Acquisition 2 Corp. (CHAQ) Shareholders Approve Renovacor Deal

Chardan Healthcare Acquisition 2 Corp. (NYSE:CHAQ) announced in a press release today that its shareholders have approved its combination with biotech firm Renovacor in a meeting held earlier this morning. CHAQ did not report exact redemption amounts, but mentioned the transaction will provide gross proceeds of approximately $95.1 million, including $30.0 million from the concurrent closing
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news

The Latest SPAC News and Rumors: September 1, 2021


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

Latest SPAC News: Moelis SPAC holders advised by ISS to vote down Archer deal, Compass Digital is said to plan $200 million IPO, and Singapore Exchange to roll out new rules for SPACs


Moelis SPAC Holders Advised by ISS to Vote Down Archer Deal

Investors in Ken Moelis’s Atlas Crest Investment Corp.

...READ MORE
arqit logo

Centricus Acquisition Corp. (CENH) Shareholders Approve Arqit Deal

Centricus Acquisition Corp. (NASDAQ:CENH) announced in an 8-K filing today that its shareholders have approved its combination with quantum encryption technology firm Arqit, albeit with heavy redemptions. The SPAC pre-announced its redemption amounts two days ago in an 8-K where it disclosed shareholders redeemed an aggregate of 32,351,570 shares. It has since gotten 2,200,000 shares to
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

CM Life Sciences II Inc. (CMII) Shareholders Approve SomaLogic Deal

CM Life Sciences II Inc. (NASDAQ:CMIIU) announced in an 8-K filing today that its shareholders approved its combination with proteomics firm SomaLogic at a meeting yesterday. The filing did not include redemption details, but CM II may have been safer than other SPACs heading to close this month as it opened at $9.99 on its
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
offerpad logo

Supernova Partners (SPNV) Shareholders Approve Offerpad Deal

Supernova Partners Acquisition Corp. (NYSE:SPNV) announced in an 8-K filing today that its shareholders approved its combination with proptech firm Offerpad earlier this morning. Holders of 36,886,002 shares of SPNV were present at today’s meeting, and the business combination received 34,342,933 votes in favor of the transaction. The filing did not release redemption numbers, but
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news

The Latest SPAC News and Rumors: August 31, 2021


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

Latest SPAC News: Sponsor behind Forbes deal says slowdown is ‘healthy’ for the market, Vice Media abandons SPAC talks, and former American Express executive Joan Amble joins Buzzfeed’s Board of Directors


Slowdown in SPAC Issuance Healthy For Markets, Sponsor Behind Forbes Deal Says

A slowdown in issuance by SPACs following a blockbuster start this year is “healthy” for the market and will help sustain the appetite for the investment vehicle going forward, according to the co-founder of L2 Capital Management, a Hong Kong-based private investment firm and blank-check sponsor.
...READ MORE
IPO-Pricing

Alpine Acquisition Corp. (REVEU) Prices $100M IPO

Aug 31, 2021 IPOs by Marlena Haddad

Alpine Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “REVEU” Tuesday, August 31.

The new SPAC intends to combine with LA-based amusement park Two Bit Circus, concurrent with the completion of an initial business combination focusing on businesses such as drive-to destination hotels, digital entertainment and gaming, and lodging technology. ...READ MORE

aerofarms logo

Spring Valley (SV) Shareholders Approve AeroFarms Deal

Spring Valley Acquisition Corp. (NASDAQ:SV) announced in a press release today that its shareholders approved its combination with vertical farming venture AeroFarms earlier this morning. The press release did not disclose redemption figures, but it is assumed a significant amount of shares were redeemed in connection to the vote since the release stated the minimum
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news
IPO-Pricing
arqit logo

Centricus (CENH) Pre-Announces Heavy Redemptions With Arqit

Centricus Acquisition Corp. (NASDAQ:CENH) pre-announced its redemption amounts this morning in an 8-K filing ahead of its shareholder meeting tomorrow to vote on its combination with quantum encryption technology firm Arqit. The filing disclosed that shareholders of CENH redeemed an aggregate of 32,351,570 shares, removing 93.8% of its trust. Centricus originally brought in about $345 million
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.