Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Donald Trump values his nascent media company at less than $30 million, a stark discount to the more than $1 billion valuation implied by investors who piled into the blank check that’s hoping to bring the firm public.
The former president said Trump Media & Technology Group Corp., which is going public through a SPAC merger with Digital World Acquisition Corp.(NASDAQ:DWAC), is worth $5 million to $25 million, according to a financial disclosure filed late Friday with the Federal Election Commission.
READFormer Representative and Truth Social CEO, Devin Nunes calls out SEC Chairman Gary Gensler for slow walking the approval that’s still needed for the Truth Social SPAC deal: “You have three people that are clearly involved in this transaction, or non-transaction, trying to basically kill our ability to have access to the public markets.”
READDominic Perks has left Hambro Perks, the VC firm he co-founded a decade ago. The company confirmed to Investment Week Perks is no longer working at the business, but no reason for his exit was provided,
Hambro Perk’s special purpose acquisition company HPAC told investors on 14 April Perks had resigned as a director with immediate effect.
HPAC was London’s first SPAC, launched in November 2021, following the UK government’s removal of trading suspensions on SPACs after they confirmed a deal.
READLakeview RNG, a wholly owned subsidiary of NEXT Renewable Fuels (“NEXT”), has acquired assets associated with the Red Rock Biofuels development in Lake County, OR effective Friday, April 14, 2023. Lakeview RNG is commencing a redevelopment plan focused on completing construction of certain aspects of the site while replacing or enhancing others. When complete, the Lakeview RNG facility is expected to be capable of converting forest waste into renewable natural gas (“RNG”) and clean hydrogen.
NEXT announced its $530 million business combination with Industrial Tech II (NASDAQ:ITAQ) in November 2022.
READFG Merger Corp. (NASDAQ:FGMC) provides retail investors access to a security that has historically only been available to institutions. Retail investors will be able to invest in a publicly-traded company with a unique asymmetric structure, and they’ll be able to do that straight through their regular brokerage accounts.
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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...
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...
Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...
