Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Nikola taps former GM vice chairman to serve as CEO, and Jet.AI announces commercial and private aviation carbon offset program
Nikola Hires GM Veteran for Top Role at Troubled EV Maker
Nikola Corp. is tapping a former General Motors Co. (NYSE:GM) vice chairman to serve as its chief executive officer, replacing the current CEO after less than a year of running the electric truck maker.
Steve Girsky, Nikola’s chairman, will take over as CEO of the troubled manufacturer that he helped take public three years ago. He replaces Michael Lohscheller, effective immediately, the company said Friday in a statement.
Nikola completed its business combination with VectoIQ Acquisition Corp. in 2020.
Jet.AI Announces Commercial and Private Aviation Carbon Offset Platform, DynoFlight
Jet Token Inc. (Reserved NASDAQ: JTAI, JTAIW), an innovative private aviation, artificial intelligence company, today announced the launch of DynoFlight, a carbon offset transaction platform built for both commercial and private aviation operators. The platform enables aviation businesses to offset their carbon emissions through the purchase of carbon removal credits that fund the direct extraction of carbon dioxide from the atmosphere.
Jet Token inked its $45 million deal with Oxbridge Acquisition Corp. (NASDAQ: OXAC) earlier this year in February.
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...