Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Zoom in talks to invest in Cvent SPAC deal and Bustle owner eyes SPAC deal
Zoom Is in Talks to Invest in Cvent Blank-Check Deal
Zoom Video Communications Inc. is in talks to invest in the blank-check deal that would take event-management software company Cvent public, according to Bloomberg.
Dragoneer Growth Opportunities Corp. II is in discussions with potential investors including the video-chat platform about a private placement to support a deal with Cvent.
Zoom is negotiating to take a roughly 10% portion of the equity being raised for the deal.
Bustle Owner Eyes SPAC Deal, Acquires Some Spider Studios
Mr. Goldberg’s BDG Media Inc. is buying Some Spider Studios Inc., the digital-media company behind parenting websites Scary Mommy, Fatherly and the Dad, according to The Wall Street Journal. BDG Media aims to go public by merging with a SPAC later this year.
Latest Non-Redemption Agreements: EVe Mobility and Swiftmerge EVe Mobility Acquisition Corp. (EVE) Adds Non-Redemption Agreement On June 7, EVe Mobility Acquisition Corp. (NYSE:EVE) and the sponsor entered into further non-redemption agreements with additional unaffiliated third party investors pursuant to which the investors have, in connection with the Extension Meeting, agreed not to redeem their Class A Ordinary...
Latest SPAC Liquidations: Ahren Acquisition Corp. Ahren Acquisition Corp. (AHRN) to Liquidate on June 19 Ahren Acquisition Corp. (Nasdaq: AHRN) today announced its board of directors has determined to redeem all of its outstanding Class A ordinary shares, effective as of June 19. As of the open of business on June 20, the Class A Shares...
ROC Energy Acquisition Corp. (NASDAQ:ROC) announced in an 8-K today that its shareholders have approved its combination with oilfield services company Drilling Tools International (“DTI”) during a special meeting held on June 1. At the meeting, holders of 23,008,929 shares of common stock were present in person or by proxy, representing approximately 85.69% of the voting...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: SMX to create new subsidiary, trueSilver, and enters into exclusive agreement with Sunshine Minting SMX Extending Metals Business with trueSilver Aiming Both for Fashion Luxury and Bullion Products SMX (NASDAQ:SMX) is pleased to announce...
Rice II (NYSE: RONI) announced in an 8-K today that its shareholders have approved its combination with energy technology company NET Power with relatively low redemptions. In the end, 21,195,224 shares were redeemed in connection vote, removing 61% of Rice II’s trust. This is the second best result among the 32 deals that have come...