Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Hambro Perks eyes merger with Biotech Istesso, Rocket Lab launches first vehicle from U.S. soil, and Alliance Entertainment signs licensing agreement with The Walt Disney Company
Hambro Perks SPAC Eyes Merger With Biotech Istesso, Sky Says
Hambro Perks Acquisition Co., the first blank-check firm to list in London after a rule change, is discussing a possible merger with closely held pharmaceutical company Istesso Ltd., Sky News reported, citing sources it didn’t identify.
The special purpose acquisition company is in advanced talks on a deal that may value the UK developer of drugs for chronic diseases at several hundred million pounds, according to the report.READ
Rocket Lab Launches First Vehicle From US Soil
The New Zealand-based firm has not only gone on to launch a North American branch, Rocket Lab USA, Inc. (Nasdaq: RKLB), but has just launched its first vehicle from U.S. soil.
At 6 pm EST on January 24, 2023, what was dubbed the “Virginia is for Launch Lovers” mission took off from Rocket Lab Launch Complex 2 (LC-2) at Virginia Space’s Mid-Atlantic Regional Spaceport within NASA’s Wallops Flight Facility. While it was the company’s first U.S. launch, it was actually the 33rd rocket launched by Rocket Lab in total, with its very first occurring in 2017.
Alliance Entertainment’s Mill Creek Entertainment Announces New Home Entertainment Licensing Agreement with The Walt Disney Company
Mill Creek Entertainment, a division of Alliance Entertainment Holding Corporation (“Alliance Entertainment”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced it has signed a home entertainment licensing agreement with The Walt Disney Company.
On June 23, 2022, Alliance Entertainment announced that it will become publicly listed through a merger transaction with Adara Acquisition Corp. (NYSE: ADRA).READ
Ocean Biomedical and Aesther Healthcare Acquisition Corp. Announce Publication of Discovery Data for a Major Anti-Tumor Pathway in Malignant Melanoma and Other Cancers
Ocean Biomedical and Aesther Healthcare Acquisition Corp. (NASDAQ: AEHA) announced today the discovery of a second major anti-tumor pathway and therapeutic approach that targets CTLA-4, inhibiting the metastasis of malignant melanoma cells to the lung using a novel bispecific antibody approach.
Ocean Biomedical is expected to become a publicly traded company on the NASDAQ global market under the symbols “OCEA” and “OCEAW” following the closing of a Business Combination with Aesther Corporation (NASDAQ: AEHA).READ
20Cube Logistics Engages Ramboll to Launch Sustainability Framework with the Vision of a Carbon Neutral Future
20Cube Logistics Pte. Ltd. (“20Cube”), a Singapore-based software-enabled international supply chain orchestrator, today announced it has selected Ramboll, a global architecture, engineering and consultancy company founded in Denmark in 1945, with world-leading expertise in the energy and environment space, to accelerate its path to carbon neutrality through a sustainability framework of comprehensive reports, plans and initiatives for carbon emission reduction.
On October 18, 2022, 20Cube Logistics announced that it has entered into a definitive agreement to become publicly listed through a merger transaction with Evo Acquisition Corp. (Nasdaq: EVOJ).READ
Latest Non-Redemption Agreements: two two (TWOA) Adds Non-Redemption Agreement In connection with the previously announced shareholder meeting of two (NYSE:TWOA) to extend the company’s completion deadline from April 1, 2023 to January 1, 2024, the company and two sponsor, have entered into non-redemption agreements with several unaffiliated third parties. The third parties have agreed not to...
Latest SPAC Liquidations: Khosla Ventures Acquisition Co. III Khosla Ventures Acquisition Co. III (KVSC) to Liquidate Khosla Ventures Acquisition Co. III (NASDAQ:KVSC) did not consummate, or execute a letter of intent before March 26, and therefore shall cease all operations except for the purpose of winding up. It intends to liquidate and redeem all of its...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Faze Clan considers going private, Richard Branson sits out Virgin Orbit’s flameout, and Tempo Automation to acquire Optimum Design Associates Faze Clan considers going private amid financial concerns Esports giant Faze Clan (NASDAQ:FAZE) is...
Aquaron Acquisition Corp. (NASDAQ:AQU) has entered into a definitive agreement to combine with hydrogen energy company Bestpath at an initial equity value of $1.2 billion. Shanghai-based Bestpath has developed technology for hydrogen fuel cell-powered heavy trucks and the refilling stations that would supply them. The combined company is expected to trade on the Nasdaq once...
Manufacturing technology company Berkshire Grey (NASDAQ:BGRY), which closed a combination with Revolution Acceleration in July 2021, announced over the weekend that it is being acquired by SoftBank in a take-private transaction priced at $1.40 per share. The price marks a 24% premium over Berkshire Grey’s closing price on March 24 and a 7.6% boost over...