Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC Liquidations: Atlas Crest Investment II and One Equity Partners Open Water I
Atlas Crest Investment Corp. II to Liquidate Trust
Atlas Crest II’s (NYSE:ACII) board and shareholders have agreed to establish today, December 1, 2022, as the early termination date.
The company is obligated to redeem all public shares as as promptly as possible but not more than ten business days after the today. Atlas Crest Investment Corp. II expects to complete such redemption on or about December 6, 2022. A redemption value per share was not provided.
READOne Equity Partners Open Water I Corp. to Liquidate Trust
One Equity Partners Open Water I Corp. (Nasdaq: OEPW)shareholders approved an amendment to change the termination date from January 26, 2023 to December 8, 2022 .
The company expects to complete the redemption on or about December 9, 2022 for $10.00 per share.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Circle spokesperson denies blaming SEC for failed deal, BuzzFeed CEO says AI-powered content will be part of core business, and FaZe Clan faces possible delisting Circle Spokesperson Denies Blaming SEC for Failed $9 Billion Deal...
Health Sciences 2 (NASDAQ:HSAQ) announced that it closed its combination with Orchestra BioMed on January 26. HSAQ ahead of its vote pre-announced redemption figures of 1,597,888 shares equating to 67.7% redemptions, however, that’s still subject to change. However, today it was noted that Orchestra BioMed is to receive $70 million in gross proceeds including $20...
Carbon capture technology has long been talked about, and it is finally in operation with LanzaTech among the pioneers. Its plants are turning potential emissions into clothing, household goods and sustainable fuels. SPAC cash is now also an accelerant in this new process as the company announced a $1.7 billion combination with AMCI II last March. This week, we caught up with...
In this series we’ll be examining successful SPAC deals from the past both in the terms and circumstances of their de-SPAC processes and how they have weathered the storms that have followed after their public listings with research from SPACInsider contributor Anthony Sozzi. Thirty months does not sound like that long, but it’s been a...
Seaport Calibre Materials Acquisition Corp. (Nasdaq: SCMA) announced this afternoon that it is pushing today’s special meeting back until January 31. The SPAC is currently facing a completion deadline of February 1, but is looking to extend its timeline by an additional six months to August 1. Stockholders may elect to redeem their shares for a pro rata...