Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Audit committees urged to keep tabs on SPAC reporting, and Singapore’s Grab forms alliance with rivals to shape gig workers law
Audit Committees Urged to Keep Tabs on SPAC Reporting, Turnover
The US audit regulator, the Public Company Accounting Oversight Board, released on Wednesday a list of questions and topics that corporate boards should consider reviewing with their auditor. The topics cover cybersecurity risks, auditors’ use of technology, and fraud risks.
Singapore Delivery Rivals Form Alliance to Shape Gig Workers Law
Singapore’s biggest mobile apps have set aside their rivalry to form an unlikely partnership, hoping to strengthen their influence with the local government as it considers laws that could transform the gig economy.
Grab Holdings Ltd. (NASDAQ:GRAB), Delivery Hero SE’s Foodpanda and Deliveroo Plc, three usually fierce rivals in meal delivery, have created the Digital Platforms Industry Association, they said in a statement on Thursday. They are joining up formally for the first time to help shape guidelines that protect the health and safety of delivery workers.
Altimeter Growth Corp. secured shareholder approval of its combination with Asian ride-hailing service Grab in a special meeting held in November 2021.
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Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...
At the SPAC of Dawn One of the biggest sources of uncertainty in the SPAC market in recent years has been regulatory changes, but new shifts could be in its favor. SEC Chairman Paul Atkins told CNBC yesterday that the commission would review the rules for SPACs after “rather controversial” changes to the rules passed...
McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....