Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Blade and BETA complete first electric air taxi flight in NYC
Blade and BETA Complete First Electric Air Taxi Flight in NYC Area
Well-heeled NYC commuters looking to dodge traffic and reach their destination in style may soon have another option: taking to the sky in an electric air taxi.
That’s the hope of air-transport firm Blade Air Mobility Inc. (NASDAQ:BLDE) and Beta Technologies, an electric aerospace company, after the successful completion of a historic test flight of Beta’s ALIA-250 EVA electric vertical take-off and landing, or eVTOL, aircraft at the Westchester County Airport in White Plains, New York Tuesday — the first of its kind in the area.
Experience Investment Corp. completed its combination Blade Urban Air Mobility in May 2021.
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At the SPAC of Dawn It has clearly taken some time for SPACs to break out from their niche, but SPACs and de-SPACs are suddenly everywhere in current events. As the Russian invasion of Ukraine drags on, one of the most prolific SPAC teams has stepped forward with a letter of intent to take Ukraine’s...
Live Oak Acquisition Corp. V (NASDAQ:LOKVU) has filed for a $200 million IPO that brings another serial SPAC team back to the mix for a generalist search but with a pair of technology deals already in their pocket. The new S-1 also puts Santander on the board for the 2025 SPAC market after it made...
CH4 Natural Solutions (NYSE:MTNE.U) has filed for a $250 million SPAC to bring both the Riverstone sponsor team and underwriter Citigroup back to the market for 2025. The team secured notably sponsor-friendly terms for the vehicle and will not overfund its trust. In fact, along with fellow Friday filer Live Oak V (NASDAQ:LOKVU), these two...
At the SPAC of Dawn Amid a restive market, SPACs have front-loaded their business this week with three of their four votes set for today and tomorrow. One of these is a completion vote, in which Bowen (NASDAQ:BOWN) will try and secure shareholder approval for its combination with Shenzhen Qianzhi BioTechnology just after having gained...
Terms Tracker for the Week Ending January 10, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This was the first full week in January and the first non-holiday week since December 23rd. All the same, 2025 has started with a bang...