Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Blade and BETA complete first electric air taxi flight in NYC
Blade and BETA Complete First Electric Air Taxi Flight in NYC Area
Well-heeled NYC commuters looking to dodge traffic and reach their destination in style may soon have another option: taking to the sky in an electric air taxi.
That’s the hope of air-transport firm Blade Air Mobility Inc. (NASDAQ:BLDE) and Beta Technologies, an electric aerospace company, after the successful completion of a historic test flight of Beta’s ALIA-250 EVA electric vertical take-off and landing, or eVTOL, aircraft at the Westchester County Airport in White Plains, New York Tuesday — the first of its kind in the area.
Experience Investment Corp. completed its combination Blade Urban Air Mobility in May 2021.
READ
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...