Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: D-Orbit announces launch and deployment contract with Astrocast and Nogin partners with United Sports Brand
D-Orbit Announces Multi-Year Launch and Deployment Contract with Swiss Satellite Internet of Things (IoT) Network Operator Astrocast
D-Orbit, a space logistics company, announced today the signing of a multiple launch and deployment contract with Astrocast, a leading Swiss IoT-focused nanosatellite company.
According to the agreement, D-Orbit will launch twenty of Astrocast’s satellites aboard ION Satellite Carrier, D-Orbit’s versatile and cost-effective orbital transfer vehicle (OTV) designed to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit. The satellites, which will join Astrocast’s constellation of satellites for the Internet of things (IoT), will be delivered to space over a period of three years, through multiple missions.
As previously announced on January 27, 2022, D-Orbit has entered into a business combination agreement among Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), a publicly traded special purpose acquisition company.
READNogin Announces Agreement with United Sports Brands to Plug Into its Intelligent Commerce Platform
Branded Online, Inc. dba Nogin (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”) technology, has announced a multi-brand CaaS agreement with United Sports Brands (“USB”), a leader in sports performance and protection.
Nogin’s all-in-one software platform is a cloud-based, headless, eCommerce environment, purpose-built for brands selling direct-to-consumer and through online channel partners. As part of a three-year agreement, USB brands will plug into Intelligent Commerce to deliver world class eCommerce to their consumers without all the cost, complexity, time, and risk of building and managing their own online stores.
Software Acquisition Group Inc. III (NASDAQ:SWAG) entered into a definitive agreement to combine with Commerce-as-a-Service technology provider Nogin on February 14, 2022.
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Terms Tracker for the Week Ending February 3, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The month of February started with an IPO, thanks to the pricing of Cetus Capital Acquisition Corp (Nasdaq: CETU) which began trading on February 1....
Forest Road II (NYSE:FRXB) and 10X Capital Venture III (NYSE:VCXB) both announced this afternoon that they have mutually terminated their business combinations. Forest Road II intended to combine with transportation technology developer HyperloopTT, but the parties decided to nix the deal due to timing constraints along with unfavorable market conditions. Tom Staggs and Kevin Mayer, Co-CEOs and...
Intelligent Medicine Acquisition Corp. (NASDAQ:IQMD) and AMCI Acquisition Corp. II (Nasdaq: AMCI) announced this afternoon that they have adjourned their special meetings with shareholders. Intelligent Medicine originally scheduled its meeting to be held today, but is now postponing its vote until Wednesday, February 8. Stockholders may elect to redeem their shares by no later than...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Comcast dumps 18.5% of its BuzzFeed stock Comcast Dumps 6 Million Shares of Buzzfeed After Media Company Finally Gets a Bump Comcast dumped 18.5% of its BuzzFeed (NASDAQ:BZFD) stock in recent days, reducing its...
Viveon Health (NYSE:VHAQ) announced this morning that it is unilaterally terminating its combination with Suneva Medical “based upon material breaches” of the merger agreement. The SPAC did not elaborate further on its claims against Suneva, but noted it will continue on and seek a new business combination. Just last week, Viveon Health was working to...