Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Bitcoin Depot reports preliminary first quarter 2023 results, and Marley Spoon to list on Frankfurt Stock Exchange via SPAC deal
Bitcoin Depot Reports Preliminary First Quarter 2023 Results
GSR II Meteora Acquisition Corp. (NASDAQ: GSRM), a special purpose acquisition company, and Lux Vending LLC dba Bitcoin Depot Inc., a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today reported Bitcoin Depot’s preliminary unaudited financial results for the first quarter ended March 31, 2023. Bitcoin Depot also plans to post an updated investor presentation to the Company’s investor relations website with recent financial results and company developments today.
Total revenue for the first quarter of 2023 is expected to range between $163 million and $165 million, a 5% to 6% improvement compared to $155 million in the first quarter of 2022.
READMarley Spoon to decamp to Frankfurt Stock Exchange via SPAC deal
Meal delivery service Marley Spoon and its advisers at Greenhill & Co have laid out a three-course meal for investors, serving a buyout bid from a Frankfurt-listed SPAC, an equity raising and debt relaxations.
First up, the $52 million placement had no trouble finding backers – old and new – even though the 17¢ per CDI price was a 17 percent premium to the last close. On the debt side, Marley Spoon’s primary lender Runway Growth Finance Corp has extended maturities and agreed to an interest-only periods.
Marley Spoon and Greenhill have hammered out a takeover from a Frankfurt Stock Exchange-listed SPAC that’s related to its current investor 468 Capital – in a scrip deal that implies a 45 percent premium to where the CDIs last traded.
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A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...