Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: TradeZero in talks to merge with Dune SPAC, and Solid Power appoints former AT&T executive to board of directors
Online Brokerage TradeZero Said in Merger Talks With Dune SPAC
TradeZero Holding Corp., an online brokerage that provides free and subscription-based software for stock trading, is in talks to merge with blank-check firm Dune Acquisition Corp. (NASDAQ:DUNE), according to Bloomberg.
Terms are in flux, but if a transaction is finalized, it may be announced in coming weeks.
READSolid Power Appoints Former AT&T Senior Executive Vice President and CFO John Stephens to Board of Directors
Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehicles, which is in the process of combining with Decarbonization Plus Acquisition Corporation III (NASDAQ: DCRC), today announced the appointment of John Stephens to its board of directors.
Mr. Stephens is also expected to be nominated to serve on the board of directors of the combined company following completion of the proposed business combination with DCRC and is expected to serve as chairman of the audit committee.
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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...