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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Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...
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...