Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Jupiter Wellness secures foundational patent, SMX and Continental release second application for natural rubber, and Falcon’s Beyond announces robust fan engagement
Jupiter Wellness Secures Foundational Patent Marking Milestone in Pursuit of Global Hair Loss Market
SMX and Continental Release Second Application for Natural Rubber
SMX (Security Matters) plc (NASDAQ: SMX) is pleased to announce that, continuing its collaboration with Continental, they are enabling automotive companies the ability to identify and verify ethical sourcing of natural rubber and to demonstrate a higher level of responsibility and certification of premium natural rubber products, which SMX believes can enable a smarter rubber sorting and recycling capability.
READFalcon’s Beyond Announces Robust Fan Engagement with Recently Launched Roblox Experience, BEYONDLAND
Following the recent opening of Katmandu Park | Punta Cana, the Caribbean’s first world-class theme park, Falcon’s Beyond a leading fully integrated global entertainment development company specializing in intellectual property (IP) creation and expansion, today revealed robust growth numbers for its recently launched BEYONDLAND™ on Roblox.
The experience, which marks Falcon’s debut as a developer on the Roblox global online platform, has attracted more than two million visits since its official launch in March. In addition, BEYONDLAND has an impressive 93% positive approval rating and has reached over 196,000 players in a single day.
Last year, Falcon’s Beyond announced plans to become a publicly listed company through a definitive merger agreement with FAST Acquisition Corp. II (“FAST II”) (NYSE: FZT), a special purpose acquisition company founded by Doug Jacob and headed by Sandy Beall.
READ
Terms Tracker for the Week Ending June 2, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. As is typical of slow holiday weeks, this past week for SPACs was no exception. To wit, there were zero new S-1s filed, zero amendments...
Trajectory Alpha Acquisition Corp. (NYSE:TCOA) announced this afternoon that it has entered into a purchase and contribution agreement with its sponsor and J. Streicher Holdings, LLC. As a result, the SPAC will undergo a change in management. As part of the agreement, J. Streicher will pay $250,000 to Trajectory Alpha and $1.00 to the sponsor. In return,...
Latest SPAC Liquidations: Sound Point I, Bullpen Parlay, and Zimmer Energy Transition Sound Point Acquisition Corp I (SPCM) to Liquidate on June 4 Sound Point Acquisition Corp I, Ltd (NASDAQ: SPCM) announced today that it intends to liquidate and dissolve, effective as of June 4, 2023, and will redeem all of the outstanding Class A...
Latest Non-Redemption Agreements: GSR II Meteora Acquisition Corp. GSR II Meteora Acquisition Corporation (GSRM) Adds Non-Redemption Agreement On May 31, 2023, GSR II Meteora Acquisition Corp., (NASDAQ:GSRM), entered into certain non-redemption agreements with certain third parties in connection with the special meeting of stockholders. Pursuant to such Non-Redemption Agreements, each Non-Redeeming Stockholder agreed that it will...
Athena Technology Acquisition Corp. II (NYSE:ATEK) announced this afternoon that it is postponing its extension vote scheduled for June 12 until June 13. Shareholders at the special meeting are to vote on a proposal to allow Athena Technology II to extend its transaction deadline on a monthly basis up to nine times from June 14,...