Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Martin Franklin in talks to list new SPAC in London, Wag! to launch community shares program and Polestar chooses AutoNexus to prep and deliver cars in Australia
Blank-Check Pioneer Martin Franklin Eyes London Listing
Serial dealmaker Martin E. Franklin is in exploratory talks to list a new acquisition vehicle in London, according to Bloomberg.
The Jarden Corp. (NYSE:JAH) co-founder is working with UBS Group AG (NYSE:UBS) and Jefferies Financial Group Inc. (NYSE:JEF) to market the listed acquisition vehicle to investors.
The vehicle to be called Admiral will be sponsored by Franklin’s family office Mariposa Capital and could list on the London Stock Exchange as soon as September, if it draws investor commitments of at least $500 million, the people said.
READWag! to Launch Community Shares Program for Pet Caregivers and Nonprofit Charities with Help of Robinhood and DonateStock
Wag Labs, Inc., an American pet services marketplace company powering a mobile-first technology platform that enables on-demand and scheduled dog walking, training, and other pet care services, announced today the launch of its Wag! Community Shares Program.
With the Program, Wag! is pioneering a new method of charitable giving for the community of pet caregivers and for domestic pet nonprofit organizations. At the close of its previously announced business combination with CHW Acquisition Corporation (Nasdaq: CHWA, “CHW”), a publicly traded special purpose acquisition company, Wag! will reserve up to 300,000 shares of common stock for the Program, to be arranged through and administered by Robinhood Financial LLC, an American financial services company, and DonateStock, a fintech philanthropy company.
READAutoNexus chosen to prep and deliver Polestar cars in Australia
Fulfilment firm AutoNexus has been chosen as the logistics company for electric vehicle maker Polestar locally.
That means it will cover services including vehicle transport, processing, storage and full pre-delivery prep for Polestar’s electric vehicles as the latter expands in Australia.
Gores Guggenheim shareholders approved its combination with Swedish electric vehicle-maker Polestar in a special meeting held on June 22.
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Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...
This week, we speak with Kyivstar CEO Oleksandr Komarov about the company’s $2.2 billion dollar combination with Cohen Circle Acquisition Corp. I (NASDAQ:CCIR). Few companies have been had to forge themselves in the flames recently quite like Ukraine’s leading telecom and digital services provider Kyivstar. Now, Kyivstar is not only telling that story but pitching it to...
At the SPAC of Dawn The market still has one full trading session before it adds Tuesday’s Core CPI reading and a variety of Fed comments to messaging it is already ingesting on US President Donald Trump’s ever-shifting tariff policy. SPACs are meanwhile continuing on with business as usual, with Cayson (NASDAQ:CAPN) announcing the third...
Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...