Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Rezolve names former Adobe marketing head to be CEO of India Operations, and Trump teases first post on TRUTH Social
Rezolve Names Former Adobe Marketing Head Sunder Madakshira CEO of India Operations
Rezolve, a leader in mobile commerce and engagement, today named Sunder Madakshira, the former head of marketing at Adobe, as the company’s chief executive officer in India. In this role, Madakshira will lead all aspects of growth for Rezolve’s business in India.
On December 17, 2021, Rezolve announced that it had entered into a definitive business combination agreement with Armada Acquisition Corp. I (NASDAQ: AACI).
READTrump Teases First Post On New Twitter-like TRUTH Social Site
Former President Donald Trump is preparing for his return to social media — posting his first message on a beta version of his eagerly awaited new platform, TRUTH Social.
“Get ready! Your favorite president will see you soon,” Trump wrote in a message that was shared by his son Donald Trump Jr. on Twitter, the site that TRUTH Social aims to displace.
Digital World (NASDAQ:DWAC) gained 2.54% after the former President posted on the app.
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Priveterra Acquisition Corp. (NASDAQ:PMGM) announced in an 8-K this morning that it plans to adjourn its special meeting to approve its combination with AEON Biopharma from noon today to the same time June 9. The SPAC plans to use this time to further engage with its shareholders as the ballot includes a variety of additional...
Latest Non-Redemption Agreements: EVe Mobility EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement On June 5, 2023, EVe Mobility Acquisition Corp. (NYSE:EVE) and the Sponsor entered into non-redemption agreements with unaffiliated third party investors, pursuant to which the Investors have, in connection with the Extension Meeting, agreed not to redeem, or to reverse and revoke any prior...
Latest SPAC Liquidations: ST Energy Transition I, MELI Kaszek Pioneer Corp. ST Energy Transition I Ltd. (STET) to Liquidate on June 7 ST Energy Transition I Ltd. (NYSE:STET) announced today that the Board of Directors has elected to dissolve and liquidate the company. Net of taxes and dissolution expenses, the per-share redemption price for the...
Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) announced this afternoon that it has secured a $5 million PIPE for its proposed merger with consultancy firm Aeries Technology. While most PIPEs are priced at $10 per share, Worldwide Webb’s $5 million subscription agreement was executed at just $4.48 per share in a private placement to be completed concurrently...
Metals Acquisition Corp. (NYSE: MTAL) announced this afternoon that its shareholders have approved its acquisition and business combination with the CSA Copper Mine from Glencore (LON:GLEN) at a special meeting held earlier today. The business combination and merger were overwhelmingly approved as both proposals received 27,538,130 shares in favor of it and just 455,506 shares against it. In...