Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Xos partners with Yancey Bros, FaZe Clan announces MoonPay as official crypto and NFT partner, and Arnault-backed group launches second SPAC listing
Xos Announces Strategic Partnership with Yancey Bros. Co.
Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced it has entered a strategic partnership with Austell, Ga.-based Yancey Bros. Co., the nation’s oldest Caterpillar dealer, to distribute Xos vehicles across the state of Georgia.
Yancey will leverage its existing infrastructure and facilities, including dedicated truck service centers across the state of Georgia, to help drive the adoption of Xos electric trucks. Yancey currently operates 29 facilities across the state.
NextGen Acquisition Corp. approved its combination with Xos at a shareholder meeting on August 18.
READFaZe Clan Announces MoonPay As Official Crypto and NFT Partner
FaZe Clan, the lifestyle and media platform rooted in gaming and youth culture, today announced a multi-year partnership with MoonPay, a leading global crypto payments infrastructure provider giving millions of users quick access to the crypto economy by offering an easy and secure way to buy and sell cryptocurrencies and NFTs.
The agreement represents MoonPay’s biggest partnership to date and establishes MoonPay as the official crypto and NFT partner of FaZe Clan.
B.Riley Principal 150 (NASDAQ:BRPM) initially announced its combination with FaZe Clan on October 25.
READArnault-backed Group Launches Second SPAC Listing
France’s richest man Bernard Arnault and former UniCredit head Jean Pierre Mustier will publicly list a second blank check vehicle in Amsterdam, raising 200 million euros ($226 million).
Earlier this year, the duo raised half a billion euros from their SPAC, Pegasus Acquisition Company Europe B.V., which is searching for takeover targets in the financial sector.
On Tuesday, the same group of backers announced they would list a second vehicle with an entrepreneurial focus, Pegasus Entrepreneurial Acquisition Company Europe, in Amsterdam.
Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...
At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...
Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...