Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SPEAR Investments I in advanced discussions to acquire QEV Technologies
Dutch SPAC in advanced talks to acquire electric vehicle group
Perception Capital Corp IV (NYSE:RCFA) has entered into a definitive agreement to combine with mining firm Blue Gold for $114.5 million in equity consideration. London-based Blue Gold has been developed as a platform to acquire gold mining assets in Ghana. The combined company is expected to trade on the NYSE once the deal is completed...
Zalatoris II Acquisition Corp.(NASDAQ: ZLS) has entered into a definitive agreement to combine with modular construction company Eco Modular at an enterprise value of $600 million. Dublin, Ireland-based Eco Modular uses modular construction techniques that allows it to build ecologically clean and sustainable buildings while saving energy and time. The combined company is expected to trade...
This week, we speak with iLearningEngine’s CEO Harish Chidambaran and Matt Safaii, Chairman and CEO of Arrowroot Acquisition Corp. (Nasdaq: ARRW). The two announced a $1.4 billion deal in April. AI may be the major buzzword of 2023, but iLearningEngines has been working on AI tools since 2010. Now, it hopes to use a SPAC transaction as its next step....
At the SPAC of Dawn SPACs continue to love EVs, but the Biden administration is throwing cold water on at least some of the party as the US will no longer offer a $7,500 tax credit for EV purchases if their battery was produced in China. This only affects some EV de-SPACs, but it would...
Clean Earth Acquisitions Corp. (NASDAQ:CLIN) announced this morning that its shareholders have approved its business combination with climate technology company Alternus (OSE:ALT) at a special meeting held on December 4. At the meeting, holders of 14,418,460 shares, were present, representing approximately 86.32% of the voting power of the 16,704,230 issued and outstanding common stock entitled...