Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Sportradar files for IPO following SPAC flop, SomaLogic and Twist Bioscience announce partnership to create novel antibodies, and Swvl buys on-demand bus service Shotl
Sportradar Files for U.S. IPO After SPAC Merger Flops
Sports data provider Sportradar Group AG has filed for an IPO in the U.S. after merger talks with a SPAC collapsed.
The company, based in St. Gallen, Switzerland, in its filing Tuesday with the U.S. SEC listed the size of offering as $100 million, a placeholder that will likely change. Sportradar had held talks with Horizon Acquisition Corp. II (NYSE:HZAC), a blank-check company started by Eldridge Industries co-founder Todd Boehly.
READSomaLogic And Twist Bioscience Corporation Announce Partnership To Discover Novel Therapeutic Targets and Antibodies
CM Life Sciences II (NASDAQ: CMIIU) and proteomics technology leader SomaLogic, Inc. and Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced a collaboration aimed at creating novel antibodies and enabling innovative drug discovery based on key disease biomarkers.
The collaboration will allow Twist to use the SomaScan® Platform to quickly identify antibodies against targets resulting from SomaLogic’s industry-leading 7,000-plex assay, believed to be one of the broadest views of the proteome available.
READSwvl Buys On-Demand Bus Service Shotl
Dubai-based transport startup Swvl has agreed to buy Shotl, an Uber-like service for bus and van operators that caters to municipalities, corporations and educational institutions, a source familiar with the matter told Reuters.
Swvl last month agreed to merge with blank check firm Queen’s Gambit Growth Capital, setting the stage for a Nasdaq listing in the fourth quarter of this year.
READPlanet And Google Cloud Partner To Bring Planetary-Scale Satellite Data Analysis To Governments and Enterprises
Under a new agreement, Google Cloud will collaborate with Planet to create joint solutions that combine Planet’s high-frequency Earth observation data with Google Cloud’s cloud-based infrastructure to enable better data-driven decision-making.
Last month, Planet entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE:DMYQ), a SPAC, to become a publicly-traded company.
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Latest Non-Redemption Agreements: EVe Mobility and Swiftmerge EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement On June 7, EVe Mobility Acquisition Corp. (NYSE:EVE) and the sponsor entered into further non-redemption agreements with additional unaffiliated third party investors pursuant to which the investors have, in connection with the Extension Meeting, agreed not to redeem their Class A Ordinary...
Latest SPAC Liquidations: Ahren Acquisition Corp. Ahren Acquisition Corp. (AHRN) to Liquidate on June 19 Ahren Acquisition Corp. (Nasdaq: AHRN) today announced its board of directors has determined to redeem all of its outstanding Class A ordinary shares, effective as of June 19. As of the open of business on June 20, the Class A Shares...
ROC Energy Acquisition Corp. (NASDAQ:ROC) announced in an 8-K today that its shareholders have approved its combination with oilfield services company Drilling Tools International (“DTI”) during a special meeting held on June 1. At the meeting, holders of 23,008,929 shares of common stock were present in person or by proxy, representing approximately 85.69% of the voting...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products SMX (NASDAQ:SMX) is pleased to announce...
Rice II (NYSE: RONI) announced in an 8-K today that its shareholders have approved its combination with energy technology company NET Power with relatively low redemptions. In the end, 21,195,224 shares were redeemed in connection vote, removing 61% of Rice II’s trust. This is the second best result among the 32 deals that have come...