(note: SPACInsider will only publish pricing once a team officially puts out their own press release. XPAC did not publish their press release until 6:00PM ET on 7/30/21) XPAC Acquisition Corp. More
Reinvent Technology Partners Z (NYSE:RTPZ) shareholders have approved its combination with home insurer Hippo Enterprises at a special meeting held yesterday. Reinvent, which raised $230 million at IPO, saw a heavy amount of redemptions as 19,261,380 shares were redeemed in connection with the vote. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Manscaped in talks to merge with Bright Lights, Nikola founder Milton charged for false statements, and MENA region sees more SPAC deals Grooming Startup Manscaped Holds Bright Lights SPAC Talks Manscaped, a startup that sells products for “below-the-waist hygiene,” is in talks to merge with blank-check firm Bright Lights Acquisition Corp. More
Tailwind Acquisition Corp. (NYSE:TWND) announced in a press release this morning that it adjourned its meeting regarding its combination with cybersecurity firm Qomplx. The press release did not give much information, but in the past SPACs have used adjournments to increase turnout for the vote or give redeeming shareholders extra time to potentially change their minds. More
Cerevel Therapeutics (Nasdaq: CERE), which completed their combination with ARYA Sciences Acquisition Corp. II in late October of 2020, announced this morning that it will be redeeming its outstanding public SPAC warrants for cash exercise. More
Welcome to SPACInsider’s Spotlight series! With this, we will seek to illuminate a particular trend in SPACs that deserves a greater focus. This week, we will be continuing to look at Chamath Palihapitya’s biotech SPACs. More
Dragoneer Growth Opportunities Corp. (NYSE:DGNR) shareholders have approved its combination with software provider CCC Information Services at a special meeting held earlier this morning. The deal was approved with 57,417,344 votes in favor of the transaction and a total of 60,702,991 (70. More
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Nanosys in talks to merge with GigInternational1, blank-check firms turn to expensive sources of financing Nanosys Is in Talks to Go Public Via GigInternational1 SPAC Quantum-dot technology developer Nanosys Inc. More
TPG Pace Solutions (NYSE:TPGS) has entered into a definitive agreement to combine with vacation rental management platform Vacasa at an enterprise value of $3.747 billion, or 3.7x its 2022E revenue. Portland, Oregon-based Vacasa helps homeowners manage vacation properties and book them out to renters through its own site as well as channel partners like Airbnb (NASDAQ:ABNB), Booking. More
Atlas Crest (NYSE:ACIC) announced this morning that it had revised its deal with electric vertical take-off and landing (eVTOL) aircraft-maker Archer, dropping its enterprise value from $2.7 billion to $1.7 billion. More
