Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC Liquidations: Atlas Crest Investment II and One Equity Partners Open Water I
Atlas Crest Investment Corp. II to Liquidate Trust
Atlas Crest II’s (NYSE:ACII) board and shareholders have agreed to establish today, December 1, 2022, as the early termination date.
The company is obligated to redeem all public shares as as promptly as possible but not more than ten business days after the today. Atlas Crest Investment Corp. II expects to complete such redemption on or about December 6, 2022. A redemption value per share was not provided.
READOne Equity Partners Open Water I Corp. to Liquidate Trust
One Equity Partners Open Water I Corp. (Nasdaq: OEPW)shareholders approved an amendment to change the termination date from January 26, 2023 to December 8, 2022 .
The company expects to complete the redemption on or about December 9, 2022 for $10.00 per share.
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After a quiet June, July is set to be active throughout the month with nine de-SPACs and sponsors coming unlocked from their trading restrictions. This timing is most fortuitous for insurance investor Abacus Life (NASDAQ:ABL) and East Resources, which took it public in 2023, as it is the best performer of this group of companies...
Pyrophyte II (NYSE:PAII.U) has filed for a $175 million SPAC to dig for a natural resources target while the team’s first deal remains pending. The new SPAC is offering investors 1/2 warrants in each unit and it will have 24 months to complete a business combination without asking shareholders for an extension. It is the...
At the SPAC of Dawn The last day of the quarter is to play host to a pair of shareholder votes and a possible pricing of Indigo‘s (NASDAQ:INACU) $100 million IPO. This week is also to play host to fresh jobs numbers just before the long July 4 weekend. Black Hawk (NASDAQ:BKHA) was also one...
Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...