Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Byju in negotiations with at least three SPACs, MSP Recovery’s LifeWallet announces new data, and Hiro Metaverse SPAC plans London IPO
Byju’s Aim for SPAC Merger Agreement Within a Month
India’s most valuable startup, the online education provider Byju’s, is in negotiations with at least three SPACs and is aiming to unveil plans to go public via a merger with one of them in three to four weeks, according to people familiar with the matter.
The SPACs include Michael Klein’s Churchill Capital (NYSE:CCV) and Michael Dell’s MSD Acquisition Corp. (NASDAQ:MSDA). An additional contender is Harry Sloan, a long-time Hollywood executive who has since become a prolific SPAC investor. A fourth, Altimeter Capital Management (NASDAQ:AGC), is conducting due diligence ahead of any potential offer.READ
MSP Recovery’s LifeWallet Announces Data of More Than 1 Million Patients Uploaded to Platform Less Than A Month Since Launch
MSP Recovery, LLC, a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, that in July agreed to a business combination with Lionheart Acquisition Corporation II (Nasdaq: LCAPU) today announced that since releasing LifeWallet Powered by MSP Recovery less than a month ago, the data of more than 1 million patients has been uploaded onto the LifeWallet platform in partnership with leading healthcare providers.READ
Hiro Metaverse SPAC plans London IPO, Eyes UK Video Games Industry
Hiro Metaverse Acquisitions said on Monday it plans to raise up to 115 million pounds ($154.38 million) by listing itself on the London Stock Exchange, as the blank-check company looks to tap into the video games and metaverse industries in the UK.
The SPAC intends to focus on targets in the video games, e-sports, interactive streaming and metaverse technologies sectors, among others, with business operations in the United Kingdom, Europe or Israel.READ
GreenLight BioSciences and Germains Seed Technology Partner to Explore Development of World’s First dsRNA Seed Treatment to Control Pests
GreenLight Biosciences and Germains Seed Technology, an industry leader in seed treatment technologies, today announced a research partnership agreement that could lead to the first commercial use of RNA as a seed treatment to control crop diseases and offer options to farmers looking for innovative solutions.
In August 2021, GreenLight Biosciences announced plans to become publicly listed through a business combination with Environmental Impact Acquisition Corp. (Nasdaq: ENVI).READ
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Momentus SPAC backers accused of deliberately engineering a catastrophic deal Momentus SPAC Backers Accused of Hiding Disastrous Deal’s Flaws A Momentus Inc. (NASDAQ:MNTS) investor sued backers of its blank-check merger with a shell company,...
DiamondHead Holdings Corp. (NASDAQ:DHHC) announced in an 8-K this morning that its shareholders approved its combination with Great Southern Homes at a special meeting March 23. Only 109,426 shares were redeemed in the connection with the vote, but DiamondHead has seen about 87% redemptions in total across all previous votes, leaving it with about $43.9...
Graf Acquisition Corp. IV (NYSE:GFOR) announced that it has signed a non-binding letter of intent to combine with clinical-stage biopharma company NKGen. This announcement is not a pure teaser as Graf IV is not facing an imminent extension vote and currently has until May 25 on its clock. It does, however, signal something of a...
Oak Woods Acquisition Corporation priced its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OAKU” Friday, March 24, 2023. The SPAC intends to focus on businesses that have their primary operations in the technology-enabled healthcare services industry located in the Asia-pacific region. Oak Woods is led by...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: SMX successfully marks steel at manufacturing facility in Europe, and Rainwater Tech partners with Discovery Land to generate rainfall across developer’s properties SMX Leads the Transition from Linear to Circular Production through the Success...