Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: NWTN delivers first batch of EVs to client in UAE, and DraftKings set to launch online sportsbook in Ohio
NWTN Delivers First Batch of Electric Vehicles to Client in the UAE
NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that it delivered 20 range-extended electric vehicles to M93 CAR RENTAL L.L.C at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi. The delivery kicks off NWTN’s plan to provide the UAE market with a range of innovative products and solutions to promote the region’s transformation to sustainable energy.
NWTN, previously known as ICONIQ, recently closed its business combination with East Stone in November 2022.
READDraftKings Set to Launch Top-Rated Online Sportsbook in Ohio on New Year’s Day
DraftKings Inc. (Nasdaq: DKNG) announced today plans to launch its award-winning online sportsbook in Ohio on January 1, 2023, pending licensure and regulatory approvals. Home to several professional and college sports teams, DraftKings will offer eligible customers in Ohio the opportunity, beginning on New Year’s Day, to place legal and regulated bets on DraftKings Sportsbook across several sporting events, including the 2023 College Football Playoff National Championship and professional sports leagues, including the NFL, NHL, NBA, MLB, MLS and more.
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Latest SPAC Liquidations: LF Capital Acquisition Corp. II LF Capital Acquisition Corp. II (LFAC) to Liquidate on October 3, 2023 LF Capital Acquisition Corp. II (Nasdaq: LFAC), today announced that the directors of the Company have determined to dissolve and liquidate the Company. The redemption of the Public Shares is expected to be completed on...
Latest Non-Redemption Agreements: Yotta Acquisition Corp.,Live Oak Crestview Climate Acquisition Corp. Yotta Acquisition Corp. (YOTA) Adds Non-Redemption Agreements Yotta Acquisition Corp. (NASDAQ:YOTA) entered into non-redemption agreements with certain unaffiliated third parties in exchange for such third parties agreeing not to redeem an aggregate of 598,680 shares of the Company’s common stock. In exchange for the foregoing...
Twin Ridge (NYSE:TRCA) announced this afternoon that it plans to convene and then adjourn its extraordinary general meeting of its shareholders originally to be held on September 26 at 11:30 a.m., Eastern Time. Twin Ridge intends to hold the new meeting at 11:30 a.m., Eastern Time, on October 3, 2023. Additional details were not given as to...
Social Leverage Acquisition Corp I (Nasdaq: SLAC) and W3BCLOUD Holdings Inc. announced this afternoon that they have mutually agreed to terminate their business combination agreement. The reasons cited were once again “due to existing market conditions”, which most likely implies the current capital market conditions as well as the fact that W3BCLOUD works within the...
Hainan Sirius Acquisition Corp. (NASDAQ:HSAC) filed an S-1 this week to become September’s first new SPAC and the 20th overall to file in 2023. The SPAC aims to combine with a company operating in a sizable market with cutting edge disruptive technology that is scalable with near-term cashflow in sight. That is fairly broad and...