The Latest SPAC News and Rumors: July 7, 2023
by Marlena Haddad on 2023-07-07 at 11:46am

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Next.e.GO Mobile SE secures $75M financing, FC Barcelona plans to list its digital unit on Nasdaq via SPAC, and VinFast said to plan 3Q Nasdaq listing


Next.e.GO Mobile SE Secures $75 Million Financing

 Next.e.GO Mobile SE, an innovative producer of urban battery electric vehicles and unique production technology, today announced the successful closing of a $75 million fixed interest rate debt financing from Western Asset, one of the world’s leading fixed-income asset management institutions. The net proceeds of the financing will be used to help e.GO continue executing on its business strategy, with a particular focus on production of the e.wave X model as well as its global growth leveraging its proprietary MicroFactory.

As previously announced, e.GO has entered into a definitive agreement for a business combination with Athena Consumer Acquisition Corp.  (NYSE: ACAQ), a publicly-traded special purpose acquisition company that would result in e.GO and Athena becoming a subsidiary of Next.e.GO B.V. to be publicly listed on the NYSE under the new ticker symbol “EGOX”.

READ

FC Barcelona plans to list digital unit on Nasdaq via SPAC

Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a SPAC, newspaper Expansion reported on Friday citing unidentified market sources.

The plan, which involves Swiss private equity fund Mountain Partners, is still in an ‘initial phase’ and the IPO would happen at the end of this year if it ever proceeds, Expansion reported.

FC Barcelona would keep an 80% stake in Barca Media, while the SPAC would own the remaining 20%. The transaction would value the unit at around 1 billion euros ($1.09 billion), Expansion said.

READ

Vietnam’s VinFast Said To Plan Third Quarter Nasdaq Listing

Vietnamese electric-vehicle maker VinFast plans to list its shares on the Nasdaq Global Select Market during the third quarter after merging with a SPAC.

A company representative said that VinFast and Black Spade Acquisition Co. will discuss and decide whether to list VinFast on the New York Stock Exchange or Nasdaq and will announce more information about the listing at the appropriate time.

VinFast had said in May that it will list in the US by merging with SPAC company Black Spade in the second half of this year.


 

The Latest SPAC News and Rumors: July 7, 2023
Recent Posts
by Kristi Marvin on 2025-07-10 at 8:31am

A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...

by Nicholas Alan Clayton on 2025-07-10 at 8:27am

At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...

by Nicholas Alan Clayton on 2025-07-09 at 12:57pm

Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....

by Nicholas Alan Clayton on 2025-07-09 at 8:22am

At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...

by Nicholas Alan Clayton on 2025-07-08 at 8:11pm

Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved