Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Vinfast to list in the U.S. in August following SEC approval and Redwire wins $12.9 million NASA award
Vietnam EV maker VinFast to list in the U.S. in August after regulator nod
Vietnamese electric vehicle maker VinFast said on Friday it is planning to list in the United States next month via a blank-check company after the SEC gave the go ahead to its proposed business combination.
VinFast, a unit of Vietnam’s biggest conglomerate Vingroup, announced in May it would go public through a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co (NYSE:BSAQ).
READRedwire Selected for $12.9 Million NASA Award to Develop Trailblazing Systems to Build Landing Pads, Roads, and other Forms of Infrastructure on the Moon
Redwire (NYSE: RDW) has won a $12.9 million NASA Tipping Point award to produce a prototype of technology capable of building landing pads, roads, and foundations of habitats on the Moon using lunar materials. The technology will use a microwave emitter to heat and solidify regolith (lunar dust and crushed rock) to construct infrastructure. Redwire’s partners in the project include Astrobotic, Lockheed Martin Space, Lambda Technologies, Colorado School of Mines, and the University of Central Florida.
Redwire completed its business combination with Genesis Park in September 2021.
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Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...
M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...
At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...
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...