The Latest SPAC News and Rumors: March 23, 2023
by Marlena Haddad on 2023-03-23 at 11:34am

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

Latest SPAC News:  SMX successfully marks steel at manufacturing facility in Europe, and Rainwater Tech partners with Discovery Land to generate rainfall across developer’s properties


SMX Leads the Transition from Linear to Circular Production through the Success in Marking Steel for Automotive, Train and Railway Industries, and Infrastructure Applications 

SMX PLC (NASDAQ: SMX), a company focused on digitizing physical objects on the blockchain to enable a circular and closed loop economy, today announced that alongside a global steel and mining leader, it has successfully marked steel at a manufacturing facility in Europe, for brand identification, ethical sourcing and for recycle and reuse (green steel) purposes for electric vehicles and renewable energy infrastructure.

Lionheart III closed its deal with SMX earlier this month.

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Rainwater Tech Partners with Discovery Land Company to Generate Rainfall Across Developer’s International Portfolio of Private Clubs and Communities

Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and Discovery Land Company (“Discovery”), one of the world’s leading developers and operators of private clubs and communities, today announced an arrangement to deploy ground-based ionization rainfall generation technology at select Discovery properties around the globe.

On December 22, 2022, Rainwater Tech entered into a definitive business combination agreement with dMY Technology Group, Inc. VI (NYSE: DMYS).

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