Cascadia Acquisition Corp. (Nasdaq: CCAI) announced this afternoon that it is postponing its special meeting to extend its completion deadline from February 15 to February 22.
As a result of the postponement, the redemption deadline has also been extended from February 13 to February 17. The SPAC hopes to use this additional time to engage with its stockholders and consider redemption reversals.
Cascadia is looking to complete its $375 million business combination with wearable technology-maker RealWear, which was announced just last week on February 6, but now faces a deadline of February 28. The SPAC hopes to gain shareholder approval at its upcoming meeting next week to extend this deadline by six months to August 31.
Vancouver, Washington-based RealWear makes cloud-connected headsets to improve the productivity of manual work with enhanced visualizations and access to viewable software.
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...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...