Springwater Special Situations Corp. (Nasdaq: SWSS) announced this afternoon that it has adjourned its special meeting.
The meeting, which was originally scheduled for today, will now take place on February 27 to allow additional time for the SPAC to engage with its stockholders regarding redemption reversals.
Springwater is currently facing a completion deadline of February 28, but is hoping to gain shareholder approval to extend its timeline to August 28.
The SPAC announced the pricing of its $150 million IPO in August 2021. It hasn’t announced a combination with a target just yet, but intends to focus its search on a sizeable and well-positioned business with operational improvement potential at an undervalued price.
Direct Selling Acquisition Corp. (NYSE: DSAQ) announced this morning that it intends to adjourn its extension vote, originally scheduled to be held on March 22, and will reconvene on March 24 at 11:00 a.m. The SPAC has also extended the redemption deadline to March 22 at 5:00 p.m. It is currently facing a completion deadline of March...
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After announcing its intent to liquidate yesterday, Blockchain Moon Acquisition Corp.(NASDAQ:BMAQ) disclosed this afternoon that it no longer plans to dissolve its trust and will instead continue its search for an alternative target to combine with. The decision to liquidate followed the SPAC’s unilateral termination of its $163 million deal with Web 3.0 infrastructure builder DLTx ASA (OSX:DLTX)....
Four Leaf Acquisition Corp. priced its downsized $52 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FORL” Friday, March 17, 2023. The SPAC intends to pursue an acquisition of a company focused on the Internet of Things (“IoT”) and adjacent technologies that target the IoT market such...
JATT Acquisition Corp. (NYSE: JATT) announced this afternoon that its shareholders have approved its combination with clinical-stage biotechnology company Zura Bio. A total of 4,907,863 ordinary shares, or 95.5% of JATT’s issued and outstanding ordinary shares, were present at today’s special meeting. The business combination was overwhelmingly approved as holders of 4,903,764 ordinary shares, or 99.9% of...