STOP THE WAR! Let’s support Ukraine Together

Energem Corp. (ENCP) to Combine with Graphjet in $1.5Bn Deal

Energem Corp. (ENCP) to Combine with Graphjet in $1.5Bn Deal

Energem (NASDAQ:ENCP) has entered into a definitive agreement to combine with sustainable materials-maker Graphjet Technology at an enterprise value of $1.49 billion. Kuala Lumpur-based Graphjet processes palm kernel shells into graphene and graphite materials for EV batteries, medical devices and home appliances. The combined company is expected to trade on the Nasdaq under the symbol
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 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
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Social Leverage I (SLAC) to Combine with W3BCLOUD in $1.2Bn Deal

Social Leverage I (NYSE:SLAC) has entered into a definitive agreement to combine with Web3 infrastructure provider W3BCLOUD at an enterprise of $1.25 billion, or 6.2x its 2023E EBITDA. Dublin-based W3BCLOUD has built up a global network of high-performance data centers to support Web 3.0 and the blockchain economy. The combined company is expected to trade
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
liquidation
SPAC-Terms-Tracker
lock-ups

SPAC Lock-Up Expirations to Watch in August

August is here and vacation season is also lock-up expiration season with 15 companies and 20 sponsors coming unlocked this month. These two lists mostly overlap with the music streamer Anghami (NASDAQ:ANGH) the lone exception on the company side. Its shareholders are to be cleared to trade on August 3, but the sponsor of its
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
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.
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: 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

TOP-3

Top 3 SPAC Targets – Metals

 

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies on the supplying the world’s new and existing metals resources. We look at why they are compelling and why each could be a fit for a blank-check merger. ...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
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: July 28, 2022

 


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

Latest SPAC News: Semantix highlights achievements in first half of 2022, DPCM announces quantum computing audio feature, and Harley-Davidson delivers second quarter results


Semantix Highlights Achievements in First Half of 2022

Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022. ...READ MORE

Athena Consumer Acquisition Corp. (ACAQ) to Combine with e.GO in $913M Deal

Athena Consumer (NYSE:ACAQ) has entered into a definitive agreement to combine with EV-maker e.GO at an enterprise value of $913 million. Aachen, Germany-based e.GO designs and manufactures compact EVs designed for urban markets at micro-factories, which it believes will provide a more capital efficient entry to the market. The combined company is expected to trade
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
liquidation