Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Saxo Bank explores Amsterdam listing with SPAC, FaZe Clan enters Metaverse in partnership with The Sandbox, and Graphjet-Energem SPAC collaborates with MIT
Saxo Bank Explores Amsterdam Listing with SPAC Deal
Denmark-headquartered broker, Saxo Bank announced its intentions on Thursday to become a public company by merging with the blank-check company, Disruptive Capital Acquisition Company Limited (DCAC).
If the deal is materialized, the merged entity will be listed on Euronext Amsterdam. Additionally, Saxo will become one of the few publicly listed brokerages.
READFaZe Clan Enters the Metaverse in Partnership with The Sandbox to Bring “Faze World” to Life
FaZe Holdings Inc. ( Nasdaq: FAZE), the lifestyle and media platform rooted in gaming and youth culture, today announced a strategic partnership with The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands. The partnership marks FaZe Clan’s official inaugural entry into the metaverse.
READGTI collaborates with Massachusetts Institute of Technology
The combined entity of Graphjet Technology Sdn Bhd (GTSB) and Energem Corp has collaborated with the US-based Massachusetts Institute of Technology (MIT) to work on the graphite and graphene industry.
GTSB and Energem, under a SPAC GTI, aim to meet with leading faculty and researchers at MIT and reaffirm their pioneering position in the graphite and graphene industry.
GTSB is en route for a listing targeted to complete in the fourth quarter of 2022 through a merger and SPAC transaction with Energem Corp (NASDAQ:ENCP).
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Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....
1RT Acquisition Corp. (NASDAQ:ONCHU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ONCHU”, Wednesday, July 2, 2025. The new SPAC plans to target company in the digital asset ecosystem involved in the creation, storage, exchange or management of such assets, whether...
D. Boral ARC Acquisition II Corp. (NASDAQ:ARBCU) has filed for a $250 million SPAC to give underwriter D. Boral a second in-house SPAC to pursue deals with. The new SPAC offers investors a 1/2 warrant and an initial 18-month time frame to complete a deal. D. Boral II’s sponsor may automatically extend this once by...
Ribbon (NASDAQ:RIBB) has entered into a definitive agreement to combine with Japanese biotech firm DRC Medicine at a pro forma equity value of $422 million. Tokyo-based DRC Medicine manufactures reusable anti-bacterial and anti-allergen wearables and aims to go deeper into the medical device and pharmaceutical space. Transaction Overview Ribbon is expected to provide $50.4 million...