Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Traveloka to halt talks with Thiel’s Bridgetown SPAC, Tikehau Capital plans to list SPAC in Singapore, and BlackSky awarded $30 million contract
Traveloka Is Said to Halt Talks With Thiel’s Bridgetown SPAC
Indonesia’s Traveloka has halted talks to go public through a deal with Bridgetown Holdings Ltd. (NASDAQ:BTWN), a blank check-company backed by billionaires Richard Li and Peter Thiel.
The board of directors of the Southeast Asian online travel giant has decided not to pursue a listing via a SPAC now as the enthusiasm in the market has waned. Traveloka will likely explore going public via a traditional IPO in the U.S. instead, Bloomberg said.
READTikehau Capital Joins Race for Singapore’s First SPAC
Investment manager Tikehau Capital SCA is planning to raise as much as S$300 million ($223 million) by listing a SPAC in Singapore, joining firms jostling to take advantage of the city-state’s new listing framework.
The European alternative asset manager is in the advanced stages of its preparations and is in the running to be among the first in Singapore to file for an IPO of a blank-check firm.
Tikehau is seeking to raise between S$250 million and S$300 million in the IPO.
READBlackSky Awarded Five Year $30 Million NGA Contract
BlackSky Holdings, Inc., a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced that it has been awarded a multi-year Indefinite-Delivery/ Indefinite-Quantity (IDIQ) contract by the National Geospatial-Intelligence Agency (“NGA”) to monitor global economic activity. The contract carries a maximum estimated value of $30 million.
Earlier this year, BlackSky announced a planned business combination with Osprey Technology Acquisition Corp. (NYSE:SFTW).
READTantu and Ginkgo Bioworks Announce Partnership to Engineer a Living Biotherapeutic for Gastrointestinal Healing
Tantu, a company engineering living biotherapeutic products to treat gastrointestinal diseases, and Ginkgo Bioworks, which is building the leading horizontal platform for cell programming, today announced a partnership to accelerate the research and development of Tantu’s therapeutic genes.
Ginkgo, which recently announced a business combination with Soaring Eagle Acquisition Corp. (NASDAQ:SRNG), serves customers across industries seeking to develop new and better products using biology.
READPlanet Collaborates with Google Earth to Offer NICFI Tropical Forest Basemaps in Google Earth Engine
Planet, a leading provider of daily data and insights about Earth, today announced a new collaboration with Google Earth to make high-resolution data from Norway’s International Climate and Forests Initiative (NICFI) Satellite Data program available on the Google Earth Engine (GEE) platform.
Insights from Planet’s analysis-ready data combined with the power of Google’s Cloud will enable the entire NICFI community to analyze regional and global tropical forest losses on a scale not possible through traditional means.
Planet recently entered into a definitive merger agreement with dMY Technology Group, Inc. IV (NYSE:DMYQ).
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Latest Non-Redemption Agreements: EVe Mobility and Swiftmerge EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement On June 7, EVe Mobility Acquisition Corp. (NYSE:EVE) and the sponsor entered into further non-redemption agreements with additional unaffiliated third party investors pursuant to which the investors have, in connection with the Extension Meeting, agreed not to redeem their Class A Ordinary...
Latest SPAC Liquidations: Ahren Acquisition Corp. Ahren Acquisition Corp. (AHRN) to Liquidate on June 19 Ahren Acquisition Corp. (Nasdaq: AHRN) today announced its board of directors has determined to redeem all of its outstanding Class A ordinary shares, effective as of June 19. As of the open of business on June 20, the Class A Shares...
ROC Energy Acquisition Corp. (NASDAQ:ROC) announced in an 8-K today that its shareholders have approved its combination with oilfield services company Drilling Tools International (“DTI”) during a special meeting held on June 1. At the meeting, holders of 23,008,929 shares of common stock were present in person or by proxy, representing approximately 85.69% of the voting...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products SMX (NASDAQ:SMX) is pleased to announce...
Rice II (NYSE: RONI) announced in an 8-K today that its shareholders have approved its combination with energy technology company NET Power with relatively low redemptions. In the end, 21,195,224 shares were redeemed in connection vote, removing 61% of Rice II’s trust. This is the second best result among the 32 deals that have come...