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March 2022
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Thu, March 31

Metal Sky Star Acquisition Corp. (MSSAU) Prices $100M IPO

Metal Sky Star Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol "MSSAU" Friday, April 1. The new SPAC intends to acquire one or more growth businesses with a total enterprise value of between $300 million and $600 million. More
Marlena Haddad·IPO Pricings·MSSAU·$100M

Poema Global (PPGH) Shareholders Approve Gogoro Deal

Poema Global (NASDAQ:PPGH) announced this afternoon that its shareholders have voted to approve its combination with two-wheeled EV battery charging network Gogoro. The SPAC announced yesterday morning that it expected to close its combination, but shareholders still have until 5 pm ET tomorrow, April 1 to withdraw their redemption decisions. More
Marlena Haddad·Market Intel

Artisan (ARTAU) Amends Prenetics Deal

Artisan Acquisition Corp. (NASDAQ:ARTAU) announced this afternoon it has made several changes to its transaction with genomic and diagnostic testing company Prenetics Group Limited. The amendments covered a range of agreements including the business combination, the sponsor agreement, the PIPE subscription, deeds of novation and forward purchase agreements (FPA), the sponsor agreement, and the shareholder support agreement. More
Marlena Haddad·Market Intel

SCVX Corp. (SCVX) Cancels Non-Binding LOI. Continues the Search…

This afternoon, SCVX Corp. III (Nasdaq: SCVX), filed an 8-K announcing that they have terminated their previously announced non-binding LOI. While not much was known about the company with which it had been negotiating (it was unnamed), it was disclosed that its focus was in the Environmental, Social, and Governance (ESG) space. More
Kristi Marvin·Market Intel

The Latest SPAC News and Rumors: March 31, 2022

  Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.  Latest SPAC News: Sarcos acquires RE2 Robotics, British insurance duo unveil SPAC in London, and SomaLogic sees record sales in 2021 Sarcos Acquires RE2 Robotics, Positions for Expansion Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) announced that the Company has reached a definitive merger agreement to acquire Pittsburgh-based RE2, Inc. More
Marlena Haddad·Market Intel

Redwoods Acquisition Corp. (RWODU) Prices $100M IPO

Redwoods Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol "RWODU" Thursday, March 31. The new SPAC intends to focus on the carbon neutral and energy storage industries with an enterprise value of approximately $250 million to $1 billion. More
Marlena Haddad·IPO Pricings·RWODU·$100M

Wed, March 30

Breakdown of the SEC’s Proposed SPAC Changes

In today's much anticipated SEC Open Meeting to discuss SPACs, one of the SEC commissioners, Hester Peirce, who came out against today's proposed changes, inexplicably lost her internet connection as soon as she had a chance to speak and weigh in. More
Kristi Marvin·Market Intel