Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Semantix highlights achievements in first half of 2022, DPCM announces quantum computing audio feature, and Harley-Davidson delivers second quarter results
Semantix Highlights Achievements in First Half of 2022
Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022. These milestones align perfectly with the company’s broader market strategy and include a combination of customer, partner, technological and operational growth for the business as it continues on its path to the public markets.
Customer and partner growth continues to be at the center of Semantix’s success. In the first half of 2022, the company added 41 new clients, extended its relationships with several long-standing marquee clients, and partnered with the Massachusetts Institute of Technology (MIT) for its Industrial Liaison Program (ILP) where Semantix will help monitor emerging technology trends and work directly with faculty on forthcoming research and recruitment efforts.
On November 16, 2021, Semantix entered into a definitive merger agreement with Alpha Capital Acquisition Company (NASDAQ: ASPC).READ
DPCM Capital Inc. Announces Quantum Computing Audio Feature
DPCM Capital Inc. (NYSE: XPOA) today announced the availability of a broadcast titled, “Quantum Computing Has Arrived.”
DPCM initially announced its $1.35 billion deal with D-Wave on February 8, 2022. The world’s first commercial supplier of quantum computers, D-Wave Systems Inc. is a leader in the development and delivery of quantum computing systems, software, and services and is the only company building both annealing quantum computers and gate-model quantum computersREAD
Harley-Davidson Delivers Second Quarter Financial Results
Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today reported second quarter results.
Global motorcycle shipments were adversely impacted (down 15% in Q2) by the approximately two-week production suspension caused by a regulatory compliance matter at a third-party supplier.
HDMC’s revenue dropped 5% with global pricing and growth within apparel offsetting much of the negative impact from the temporary production suspension. For the full year 2022, Harley-Davidson reaffirms its initial guidance and continues to expec revenue growth of 5 to 10% and operating income margin of 11 to 12%.
AEA-Bridges Impact Corp. (“ABIC”) (NYSE:IMPX) entered into a definitive agreement to combine with Harley-Davidson’s (NYSE:HOG) electric motorcycle division LiveWire in December 2021.READ
Aetherium Acquisition Corp. Innovates SPAC Management Implementing the CovQ Value Creation System Developed by 8W8 Global Business Builders
Aetherium Acquisition Corp. (NASDAQ:GMFI) announced today that it has begun implementation of the Compound Value Creator Quotient “CovQ”) platform to accelerate the execution of its post-IPO De-SPAC processes including the identification of potential acquisition targets and business combination activities. The company’s executive team also plans to use CovQ to manage the value creation strategies together with the business combination targets of their current and subsequent SPACs.
CovQ is an integrated business building suite of services encompassing a method, framework, know-how, and management expertise to deliver compound value creation embedded in a powerful and efficient SaaS platform for strategy execution, reporting, executive alignment and collaboration.READ
GigCapital5 (NYSE:GIA) announced in an 8-K that it will drop its lawsuit against its merger target QT Imaging and the two sides will continue working toward close under a slightly amended business combination agreement. Things got messy earlier this month as GigCapital5 filed its suit in Delaware court a day before the two sides’ outside...
Twin Ridge (NYSE:TRCA) announced this morning that it has added a $110 million structured equity facility to its combination with automotive wheel manufacturer Carbon Revolution (ASX:CBR) among other deal tweaks. Orion Infrastructure Capital (OIC) has agreed to provide the funds in tranches in exchange for Class A shares and a single warrant that would entitle...
Latest SPAC Liquidations: 26 Capital Acquisition Corp. 26 Capital Acquisition Corp.(ADER) to Liquidate on September 21, 2023 26 Capital Acquisition Corp. (Nasdaq: ADER), today announced that it will be unable to complete an initial business combination within the time period required due to the Delaware Court of Chancery’s decision denying 26 Capital’s request for an order...
LatAmGrowth SPAC (NASDAQ:LATG) announced in an 8-K that it adjourned its special meeting yesterday to liquidate early and will reconvene it at 2 pm ET September 28. The proposals on its ballot would have initiated the process of winding down the SPAC and returning all trust capital to investors outside of $100,000 for dissolution expenses....
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. JSE reviewing listing requirements with aim to simplify them The Johannesburg Stock Exchange will be reviewing all its listings requirements with the objective of further simplifying its requirements, as part of its ongoing efforts to create an...