| ‹ | 2023 | › | |
|---|---|---|---|
| Jan | Feb | Mar | Apr |
| May | Jun | Jul | Aug |
| Sep | Oct | Nov | Dec |
Adit EdTech Acquisition Corp. (NYSE:ADEX) announced that it has adjourned today’s extension vote and will reconvene it at 9 am ET on July 11. ADEX intends to use this additional time to seek additional proxies for two proposals: one to extend the time for the company to complete its initial business combination, and another to remove...
HH&L (NYSE:HHLA) announced this afternoon that it has terminated its business combination with biotech firm DiaCarta. On June 26, the SPAC sent a termination notice to DiaCarta due to breaches of representations and covenants by DiaCarta and fraudulent misrepresentation. The termination notice does not waive HH&L’s rights and they reserve the right to pursue legal...
Monterey Innovation (NASDAQ:MTRY) announced that it has adjourned today’s extension vote without conducting any business and will reconvene it at 11 am ET July 3. The proposal on offer would allow Monterey’s relatively new management to extend the SPAC’s transaction deadline up to nine times by one month each up to April 5, 2024 by...
SPACs jump into the third quarter with seven lock-up expirations for sponsors and five for target companies. First on the schedule is Apex Technology, whose sponsor team will be able to trade their remaining AvePoint (NASDAQ:AVPT) shares on July 1 after agreeing to lock-up half of their promote for two years. Both MultiMetaVerse (NASDAQ:MMV) and...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Quantum Fintech ends $50M lawsuit against Monex Group Quantum SPAC Ends Busted-Deal Case Against Japan’s Monex Group Quantum Fintech Acquisition Corp. (NYSE:QFTA) ended its $50 million lawsuit against Monex Group Inc., dropping allegations that...
Sagaliam (NASDAQ:SAGA) announced this morning that it has amended a non-binding letter of intent (LOI) for the purchase of Biogenysis, Inc. and Virogentics Inc., operating subsidiaries of Enzolytics Inc. (Pink: ENZC). The LOI was initially announced on April 17, but at that time, the parties expected a definitive agreement to be finalized by May 19....
Priveterra (NASDAQ:PMGM) announced this morning what it has been cooking up through seven adjournments of its special meeting to complete its combination with AEON Biopharma – up to $105 million in new funding through a mix of facilities. Of this, $20 million is to follow the terms of the deal’s existing A-1 notes, joining $20 million...
Galata Acquisition Corp. (NASDAQ:GLTA) announced this morning that its special meeting, intended to approve its combination with Turkish mobility app Marti, will be adjourned due to a change in its proxy. The initial proxy inaccurately represented the estimated redemption price per share for Class A ordinary shares. According to the fair value assessment of the...
GSR II Meteora (NASDAQ:GSRM) announced in an 8-K this morning that it secured shareholder approval for its combination with Bitcoin Depot at a special meeting June 28. A further 3,686,863 shares were redeemed in connection with the vote, bringing GSR II’s final redemption rate to about 89% and leaving it with about $35 million in...
GoGreen Investments (NYSE:GOGN) secured shareholder approval for its combination with battery metals producer Lifezone Metals at a special meeting yesterday June 29. The SPAC has not yet released redemption figures in connection with the vote, but the transaction’s $50 million minimum cash condition was fully covered by a $70 million PIPE at $10 per share....