An In-Depth Look at SPAC Activity Through the First Quarter of 2024 Below is a summary of the year-to-date SPAC performance. After a dismal 2023, the first quarter of 2024 truly felt like a “new” year and that perhaps the scales would tilt toward a more risk-friendly market. More
Terms Tracker for the Week Ending March 29, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week's pricings. This week, SPACs followed the typical pattern leading up to a holiday weekend with a light amount of new issuance news. More
Lock-up expirations are to slow down in the month of April, because although there will surely still be more chatter about the state of a certain politically active social media chairman's lock-up, only five de-SPACs and five SPAC sponsors are to see their agreements come to an end at the originally scheduled time. More
IX Acquisition Corp. (NASDAQ:IXAQ) has entered into a definitive agreement to combine with satellite technology firm AERKOMM (PA:AKOM) at an enterprise value of $200 million. Fremont, California-based AERKOMM has developed hardware for broadband and mobile connectivity satellites. More
Welsbach Technology (NASDAQ:WTMA) has signed a business combination agreement with Evolution Metals, which is developing technology to produce the critical materials and alloys in battery production. Transaction Overview Welsbach has about $23. More
News and Rumors PR: Bannix (NASDAQ:BNIX) has provided more information on the combination with VisionWave that it announced yesterday, specifying that the imaging technology that VisionWave will acquire from GBT Technologies will primarily seek out applications in military combat scenarios and geological surveys. More
Fed Chair Jerome Powell has given new hints that the administration would be showing greater levels of comfort with inflation if a cut could help improve unemployment numbers. More
News and Rumors CNBC: Former WeWork (OTC Pink:WEWKQ) founder Adam Neumann has offered to buy back control of the company for $500 million but has yet to secure the necessary financing. More
Bannix (NASDAQ:BNIX) has entered into a definitive agreement to combine with VisionWave Technologies for $30 million. The combined company is expected to trade on the Nasdaq once the deal is completed with an initial outside date of September 14. More
