American Acquisition Opportunity Inc. (NASDAQ:AMAO) has closed its combination with investment company Royalty Management after shareholders approved the deal at a special meeting held on Monday.
Royalty Management’s application with Nasdaq is still pending, but it expects to be listed under the ticker symbol “RMCO”. The Class A common stock and warrants are continuing to trade under “AMAO” and “AMAOW” respectively.
Following Monday’s shareholder meeting, American Acquisition Opportunity saw a total of 98.80% of its trust redeemed, leaving it with roughly $1.32 million post-vote.
American Acquisition inked the $111 million deal with Royalty Management in June 2022. Fishers, Indiana-based Royalty Management collects cashflow streams via resources, intellectual property and other royalty-paying assets and distributes these to shareholders.
The resulting company will continue to be based in Fishers, Indiana, and will be led by a diverse board of innovators in mineral, agriculture, natural resources, intellectual property, and energy transition sectors.
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...