Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Rumble launches new livestreaming lineup and DocGo aims to expand mobile medical services in U.S. and overseas
Rumble Takes On Traditional Media Outlets With New ‘Rumble Exclusives’ Livestreaming Lineup
Rumble, the video sharing platform, announced plans to launch ‘Rumble Exclusives,’ an innovative livestreaming lineup featuring independent creators and a two-way dialogue with their audiences.
In the coming months, the company plans to sign top-tier creative talent to fill a daily lineup of livestreams leveraging the Rumble platform and Rumble’s community-based subscription platform, Locals. The first daily livestream, hosted by Pulitzer Prize-winning journalist Glenn Greenwald, will start later this month. The programs will consist of a livestreamed show on Rumble.com followed by a live two-way dialogue on Locals, between the creator and their subscribing audience on Locals.com.
In December 2021, the company announced the execution of a definitive business combination agreement with CF Acquisition Corp. VI (NASDAQ: CFVI).
READOn the heels of going public, DocGo aims to expand mobile medical services in the U.S. and overseas
DocGo, formerly called Ambulnz, hit the public market Monday after closing its merger with a blank check company. DocGo merged with special purpose acquisition company Motion Acquisition Corp., and the SPAC merger implies an equity value of about $1.1 billion, according to the company’s original announcement of the transaction in March.
The company will have $200 million on its balance sheet “when the smoke settles,” CEO Stan Vashovsky said Monday, to expand its geographic footprint in mobile health services.
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PMV Consumer (OTC PINK:PMVC) announced that it is redeeming all non-insider public shares for approximately $10.09 per share, but it will not be dissolving just yet. The SPAC is set to provide written redemption notices to each shareholder and trust proceeds are to be distributed within 30 days of these notices. PMV Consumer will then...
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Digital World (NASDAQ:DWAC) announced late Wednesday that its shareholders have approved amending its charter to allow for automatic three-month extensions of its transaction deadline until September 8, 2023. This brings to close a long drama during which Digital World adjourned the vote without concluding business six times at different meetings in September, October and November....
Venus Acquisition Corp. (NASDAQ:VENA) announced this afternoon that it has secured an investor for a backstop agreement in connection to its business combination with VIYI Algorithm. Venus and its sponsor, Yolanda Management Corporation, entered into a backstop agreement with Joyous JD Limited to purchase VENA shares from third parties through a broker in the open market, or...