Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Quantum Fintech ends $50M lawsuit against Monex Group
Quantum SPAC Ends Busted-Deal Case Against Japan’s Monex Group
Quantum Fintech Acquisition Corp. (NYSE:QFTA) ended its $50 million lawsuit against Monex Group Inc., dropping allegations that the Japanese financial firm sabotaged their planned blank-check merger.
Quantum dismissed claims that Monex deliberately undermined the SPAC’s proposed combination with TradeStation Group Inc., a US-based Monex subsidiary that runs a stock-trading platform.
Wednesday’s voluntary surrender may indicate a potential settlement or another agreement, although neither side appears to have made a public statement about the move.
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
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...