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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Better World (NASDAQ:BWAC) has entered into a definitive agreement to combine with Heritage Distilling at an enterprise value of $122.2 million. Gig Harbor, Washington-based Heritage produces craft whisky, vodka, rum, gin, and canned cocktails, which it sells primarily through casinos and its owned tasting rooms in the Pacific Northwest. The combined company is expected to...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Southland awarded $70M contract for Denver International Airport expansion project, and Bakkt reduces 15% of employee base Southland Awarded $70 Million Denver International Airport West Gates Pond Expansion Project Southland Holdings, LLC (“Southland”)...
Altitude Acquisition Corp. (NASDAQ:ALTU) announced this morning that it has signed a non-binding letter of intent (LOI) to combine with a global medical device manufacturer. The SPAC originally teased this deal on October 4, the same day as its redemption deadline, when it announced it was in negotiations to sign a LOI with the medical device...
InterPrivate II (NYSE:IPVA) disclosed this morning that its shareholders have approved its business combination with car-sharing marketplace Getaround during a special meeting held on Wednesday, December 7. The combined company raised approximately $228 million in gross proceeds through the deal, including the amounts retained in InterPrivate II’s trust account, the conversion of approximately $37.5 million of...
10X Capital Venture Acquisition Corp. III (NYSE:VCXB) included in an 8-K this morning that it has signed a non-binding letter of intent (LOI) to combine with Sparks Energy. Sparks is a leader in storm response and energy restoration management with qualified crews for overhead and underground distribution, transmission, substation and row operations. However, the 8-K mainly...