Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Aeries Technology launches cyber security managed services offering
Aeries Technology Launches Cyber Security Managed Services Offering
Aeries Technology, a global professional services and consulting partner for business leadership teams, private equity sponsors, and their portfolio companies, today announced the launch of its cyber security managed services offering, giving companies access to world-class cyber security services and Information Security Management Systems (ISMS) designed to meet and exceed the standards of an enterprise-level Chief Information Security Officer at a lower cost of hiring in-house experts.
On March 13, 2023, Aark Singapore Pte Ltd, and its subsidiary Aeries Technology announced that it had entered into a definitive agreement with Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) that will result in Aeries Technology becoming a publicly listed company.
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Power & Digital Infrastructure II (NASDAQ: XPDB) has entered into a definitive agreement to combine with water harvesting company Montana Technologies at a pro forma enterprise value of approximately $500 million. Ronan, Montana-based Montana Technologies manufactures a dual-chamber design intended for a water harvesting process to solve legacy thermal constraints. The parties expect to close the deal in...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Carbon Revolution to supply its carbon fiber wheels for 2024 Range Rover, and Vast Solar awards Worley key engineering contracts Carbon Revolution to Supply its 23-inch Carbon Fiber Wheels for 2024 Range Rover Sport...
Phoenix Biotech (NASDAQ:PBAX) has entered into a definitive agreement to combine with pre-cliinical drug developer CERo at an enterprise value of $112 million. San Francisco-based CERo is developing a line of potential cancer treatments and expects to file its first investigational new drug (IND) application in 2024. The combined company is expected to trade on...
Hammerhead Energy Inc. (NASDAQ: HHRS), which combined with Decarbonization Plus IV, has announced the results of its substantial issuer bid that expired at 5:00 p.m. ET on June 2. Under the bid, HEI offered to purchase for cancellation up to 20 million of its warrants, representing approximately 70% of its total number of issued and outstanding warrants, to purchase...
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...