Anzu Special Acquisition Corp I (Nasdaq: ANZU) announced this afternoon that it has once again adjourned its special meeting, scheduled for today, until February 28.
The SPAC was holding today’s meeting to extend its completion deadline by six months from March 4 up to September 30.
Anzu’s previously scheduled extension votes were also adjourned. However, earlier this morning Anzu disclosed its intent to sign an agreement with an insurance agent to cover the 1% excise tax liability, thereby maintaining the redemption value at $10.17.
Anzu investors also have its $150 million LOI with Envoy Medical to consider, which requires the SPAC to have at least $40 million in its trust in order for the deal to close. The US-based medical device company has developed and is in early clinical testing of fully implanted cochlear implants.
Pelican Acquisition Corp. (NASDAQ:PELIU) announced the pricing of its $75 million IPO and its units began trading on the Nasdaq under the symbol “PELIU”, Friday, May 23, 2025. The new SPAC aims to combine with a technology company with a defensible market position that would benefit from being publicly traded in the US. Pelican’s management...
Cohen Circle II (NASDAQ:CCIIU) has filed for a $220 million SPAC marking the second wave of the Betsy Cohen team’s return to the market in the burgeoning 2024/2025 cycle. The new SPAC brings slightly less warrant coverage than its predecessor Cohen Circle I (NASDAQ:CCIR) with a 1/4 warrant in each of its units as opposed...
A Paradise (NASDAQ:APADU) has filed for a $200 million SPAC to get a fresh Asia-focused vehicle on the road with a leader that has steered several SPACs before. The new SPAC continues underwriter Cohen & Company’s warpath as its 15th SPAC put on file this year, with the firm’s 12th SPAC IPO debut set for...
On this week’s SPACInsider REPLAY, we revisit a 2022 conversation with Harry Sloan of the Eagle SPACs. At the time, Harry had already completed seven SPACs and was closing in on his eighth. As markets cooled and the SPAC boom waned, Harry offered a prescient take on where the market was headed—and what a “post-boom”...
At the SPAC of Dawn Betsy Cohen’s team is back with a new S-1 filing for Cohen Circle II (NASDAQ:CCIIU). The filing is good news for the health of the SPAC market as it represents something of a second wave of SPACs by the serial sponsor teams. Cohen Circle I (NASDAQ:CCIR) listed in October 2024...