Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SEC focuses on bank fee conflicts with SPACs, Policygenius in talks to merge with PWP Forward, and Temasek says some of its portfolio companies are looking at SPAC mergers
U.S. SEC Focuses on Bank Fee Conflicts As It Steps Up SPAC Inquiry
The U.S. securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks act as underwriters and advisers on the same deal, three people with direct knowledge of the matter told Reuters.
The SEC is exploring whether certain fee structures may incentivize underwriters on SPAC listings to secure unsuitable deals when also advising on the later stage merger, potentially putting investors at risk.
READPolicygenius Is in Talks To Go Public Via Perella Forward SPAC
Online insurance marketplace Policygenius Inc. is in talks to go public through a merger with the blank-check company PWP Forward Acquisition Corp. I (Nasdaq:FRW), according to Bloomberg.
A valuation for the transaction hasn’t yet been finalized.
READTemasek Says Some Of Its Portfolio Companies Are Looking At SPAC Mergers
Singapore state investment firm Temasek Holdings says it has observed a heightened interest among Southeast Asian companies to list via a SPAC, adding that some of its portfolio firms are looking to take advantage of the option.
READ
McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...
Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....