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Wed, June 30

Alussa Energy Acquisition Corp. (ALUS) Shareholders Approve FREYR Deal

Alussa Energy Acquisition Corp. (NYSE:ALUS) announced in a press release that its shareholders approved its combination with Norwegian batter producer FREYR at a special meeting earlier today. The release did not include redemption numbers, but Alussa Energy traded below $10 throughout June 28, the day of its redemption deadline, and opened today exactly at $10. More
Marlena Haddad·Market Intel

Holicity, Inc. (HOL) Completes Astra Deal

Holicity, Inc. (NASDAQ:HOL) announced that it has completed its combination with space venture Astra and following a shareholder approval vote earlier today. In a subsequent 8-K filing, Holicity noted that just 10,981 shares were redeemed in connection with the vote, removing a negligible sum from its $200 million trust. More
Nicholas Alan Clayton·Market Intel

The Latest SPAC News and Rumors: June 30, 2021

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.  Latest SPAC News: Betsy Cohen advises investors to look for deals abroad, Zaoui brothers join Europe's SPAC rush, and listings flow to South Korea Betsy Cohen Says Investors Must Look Beyond U. More
Marlena Haddad·Market Intel

Thayer Ventures Acquisition Corp. (TVAC) to Combine with Inspirato in $1.1Bn Deal

Thayer Ventures (NASDSAQ:TVAC) has entered into a definitive agreement to combine with luxury travel service Inspirato at an enterprise value of $1.1 billion, or 3x its 2022E revenue. Denver-based Inspirato offers stays at an array of luxury hospitality destinations via a monthly subscription pass for $2,500, with a lower cost option of $600 per month, which still charges nightly rates. More
Nicholas Alan Clayton·Market Intel