Compute Health Acquisition Corp. (CPUH) Warrant Holders Approve Amendment
by Marlena Haddad on 2023-07-26 at 5:58pm

Compute Health (NYSE:CPUH) announced in an 8-K this afternoon that its warrant holders have approved an amendment to the warrant agreement after adjourning the meeting earlier this morning.

After all parties had a chance to engage with the new changes, the meeting was reconvened at 12 pm ET today. Holders of 27,807,333 Compute Health Warrants were present at the meeting, representing approximately 80.8% of the voting power of outstanding Compute Health Warrants.

Approximately 89% of the votes cast at the meeting, including votes cast by holders of approximately 55% of Compute Health’s outstanding public warrants, voted to approve the warrant amendment.

As previously announced, Compute Health has scheduled a special meeting for July 28 to approve its $500 million business combination with Allurion. Natick, Massachusetts-based Allurion makes a swallowable balloon that inflates in patients’ stomachs to reduce space for incoming food for weight loss purposes while serving as an IoT tracker of certain health metrics.
Recent Posts
by Marlena Haddad on 2023-11-27 at 1:21pm

Dune Acquisition Corporation (NASDAQ:DUNE) announced in an 8-K today that it has once again modified its agreement with sustainable energy firm Global Hydrogen. This amendment marks a reduction in Global Hydrogen’s equity value from $48 million to $43 million, alongside an increase in the available shares of common stock that is for the Global Gas Corporation...

by Nicholas Alan Clayton on 2023-11-27 at 7:43am

At the SPAC of Dawn After mixed signals for the consumer sector earlier this month, initial Black Friday sales numbers have shown that Americans were not too stuffed for a shopping spree this year. Shoppers bagged between $9.8 billion and $10 billion in goods online, depending on one’s preferred source, either of which would be...

by Kristi Marvin on 2023-11-25 at 11:45am

Terms Tracker for the Week Ending November 24, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This being the Thanksgiving holiday week, we are thankful for a lot of things, but mostly that 2023 is almost over. It’s been a rough...

by Nicholas Alan Clayton on 2023-11-24 at 7:35am

At the SPAC of Dawn Though perhaps stuffed to the brim, SPAC activity continues this Thanksgiving Friday with votes by Clean Earth and Zalatoris to extend a deadline and amend trust contributions, respectively. At least seven de-SPACs are also reporting earnings today and will do so going into a futures market that is mostly green...

by Marlena Haddad on 2023-11-22 at 9:45am

IB Acquisition Corp. submitted its S-1 filing Friday afternoon for a $100 million IPO, coming right on the heels of Bayview Acquisition Corp, which also filed its S-1 that day. IB is also similar to Bayview in that its units do not feature a warrant but include 1 right for 1/10. However, its trust is slightly...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved