KludeIn I Acquisition Corp. (INKA) Shareholders Approve Near Deal
by Marlena Haddad on 2023-03-21 at 5:17pm

KludeIn I (NASDAQ:INKA) announced this afternoon that its shareholders have approved its combination with data intelligence platform Near.

Holders of 4,543,306 shares of KludeIn’s common stock were present at yesterday’s special meeting. The deal was overwhelmingly approved as holders of 4,519,430 shares voted in favor of the transaction, and just 23,866 shares voted against it.

The parties did not disclose redemption amounts, but noted that the deal is expected to close tomorrow, March 22. Following the consummation of the business combination, the common stock and warrants of the company, which will then be named Near Intelligence Holdings, Inc., are expected to begin trading on Nasdaq under the symbols “NIR” and “NIRW,” respectively, on Thursday, March 23.

KludeIn I announced its $754 million deal with Near in May 2022. Pasadena, CA-based Near helps businesses better understand consumer behavior to unlock growth strategies through data intelligence solutions.


ADVISORS

  • Kirkland & Ellis LLP is serving as legal advisor to Near.
  • Cantor Fitzgerald & Co. is serving as capital markets advisor to KludeIn
  • Ellenoff Grossman & Schole LLP is serving as legal advisor to KludeIn.
  • DLA Piper LLP (US) is serving as legal advisor to Cantor.
  • King and Spalding LLP acted as legal counsel to CF Principal Investments LLC in connection with the CEF Facility.

 

KludeIn I Acquisition Corp. (INKA) Shareholders Approve Near Deal
Recent Posts
by Kristi Marvin on 2025-06-28 at 10:02am

Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...

by Nicholas Alan Clayton on 2025-06-27 at 11:20am

Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...

by Nicholas Alan Clayton on 2025-06-27 at 8:25am

At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...

by Nicholas Alan Clayton on 2025-06-26 at 7:04pm

FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...

by Nicholas Alan Clayton on 2025-06-26 at 4:52pm

Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved