Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SkyBridge Technologies to buy Fast Radius’ assets, and Freights unit adds digital booking for North America LTL freight
SkyBridge Technologies to Buy Assets of Bankrupt 3D Printing Service Provider Fast Radius
Product design and manufacturing service provider SyBridge Technologies is set to acquire now-bankrupt 3D printing bureau Fast Radius’ (NASDAQ:FSRD) assets, it has been revealed.
With Sybridge Technologies’ fully-owned affiliate, SyBridge Digital Solutions, having won the bid for Fast Radius’ assets, it’s expected to take control of them by the end of the year. In doing so, the firm anticipates being better able to support customers throughout their entire product lifecycle, from design, engineering and prototyping to production.
Fast Radius completed its business combination with ECP Environmental Growth Opportunities in February 2022.
READFreightos unit adds digital booking for North America LTL freight
North American freight forwarders now have the ability to comparison shop and make instant electronic bookings with less-than-truckload carriers through Freightos, a rapidly growing digital marketplace for international air and ocean shipments.
The development takes digital rate management to the next level and eventually will allow logistics companies to reserve air and ground delivery through a consolidated tool. 7LFreight, an Oregon-based company Freightos acquired this year, on Tuesday announced the launch of real-time booking with more than 140 LTL carriers such as Saia, Estes and AAA Cooper in its platform.
Freightos expects to be listed on the Nasdaq exchange next year after completing its sale to Gesher I (NASDAQ:GIAC).
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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...
M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...
At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...