Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Cilo Cybin wins Malaysian backer in new listing bid, Spectral MD receives $4M grant from Medical Technology Enterprise Consortium and Lifezone Metals launches off-take marketing process
South African Cannabis Firm Wins Malaysian Backer in New Listing Bid
Five months after pulling a planned initial public offering South African medical cannabis company Cilo Cybin Holdings Ltd. plans to try again — this time with the backing of Malaysian biotechnology firm ALPS Global Holding Bhd.
ALPS Global will underwrite a Cilo Cybin special purpose acquisition company, or SPAC, with 54 million rand ($3 million) and take a majority stake in the Pretoria-based company with the aim of listing it in Johannesburg by mid-year.
READSpectral MD Holdings, Ltd. $4 Million Grant Award from the Medical Technology Enterprise Consortium
Spectral MD Holdings, Ltd. (AIM: SMD) an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, announces today that it has received a $4 million award from the Medical Technology Enterprise Consortium (MTEC). The MTEC is a 501(c)(3) biomedical consortium collaborating with the U.S. Army Medical Material Development Activity (USAMMDA). This award will provide non-dilutive funding to support military battlefield burn evaluation via a handheld DeepView®, DeepView SnapShot M.
As announced on April 11, 2023, Spectral MD Holdings has entered into a business combination agreement to combine with Rosecliff Acquisition Corp I (Nasdaq: RCLF), a special purpose acquisition company listed on Nasdaq.
READLifezone Metals launches off-take marketing process for nickel, copper and cobalt from the Kabanga nickel project
Lifezone Holdings Limited has previously announced entry into a Business Combination Agreement with GoGreen Investments Corporation (NYSE: GOGN), a publicly traded company on the NYSE. Today, Lifezone Metals is pleased to announce that it has commenced an off-take marketing process with respect to the nickel, copper and cobalt from the Kabanga nickel project (the “Kabanga Project”), which Lifezone Metals believes comprises one of the world’s largest and highest-grade nickel sulfide deposits.
Lifezone Metals announced on December 13, 2022 a business combination agreement with GoGreen Investments Corporation (NYSE: GOGN).
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Latest Non-Redemption Agreements: EVe Mobility and Swiftmerge EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement On June 7, EVe Mobility Acquisition Corp. (NYSE:EVE) and the sponsor entered into further non-redemption agreements with additional unaffiliated third party investors pursuant to which the investors have, in connection with the Extension Meeting, agreed not to redeem their Class A Ordinary...
Latest SPAC Liquidations: Ahren Acquisition Corp. Ahren Acquisition Corp. (AHRN) to Liquidate on June 19 Ahren Acquisition Corp. (Nasdaq: AHRN) today announced its board of directors has determined to redeem all of its outstanding Class A ordinary shares, effective as of June 19. As of the open of business on June 20, the Class A Shares...
ROC Energy Acquisition Corp. (NASDAQ:ROC) announced in an 8-K today that its shareholders have approved its combination with oilfield services company Drilling Tools International (“DTI”) during a special meeting held on June 1. At the meeting, holders of 23,008,929 shares of common stock were present in person or by proxy, representing approximately 85.69% of the voting...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products SMX (NASDAQ:SMX) is pleased to announce...
Rice II (NYSE: RONI) announced in an 8-K today that its shareholders have approved its combination with energy technology company NET Power with relatively low redemptions. In the end, 21,195,224 shares were redeemed in connection vote, removing 61% of Rice II’s trust. This is the second best result among the 32 deals that have come...