Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Westrock Coffee announces acquisition of Bixby Roasting, Fisker shares soar on production, and Digital World to appeal Nasdaq delisting
Westrock Coffee Announces Strategic Acquisition of Bixby Roasting
Westrock Coffee Company (Nasdaq: WEST), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, announced today the Company has acquired Bixby Roasting Co., a specialty-grade roaster that is a leader in the emerging influencer-led brand space. The terms of the transaction were not disclosed.
Riverview Acquisition Corp. completed its combination with Westrock Coffee in August 2022.
READFisker Shares Soar on Production, Spending Data
Shares of Fisker (NYSE: FSR) skyrocketed after the electric vehicle (EV) maker said that it was maintaining its production target for this year and reported that it spent less money than anticipated in 2022.
Fisker indicated that it expects to build up to 42,400 of its inaugural Ocean SUVs in 2023, provided its supply chain delivers as expected and it gets regulatory approval “in a timely manner.”
During the previous week, shares of rivals Lucid Group (NASDAQ:LCID) and Nikola Corporation (NASDAQ:NKLA) plunged after they reported lower-than-anticipated manufacturing and delivery totals.
READTrump-backed SPAC Digital World to appeal Nasdaq delisting notice
Digital World Acquisition Corp (NASDAQ:DWAC), a blank-check firm that is to merge with former U.S. President Donald Trump’s social media platform, said on Wednesday it will file an appeal against a Nasdaq de-listing notice due to the non-payment of some dues.
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...