SPACInsider Logo
The Latest SPAC News and Rumors: October 21, 2021
by Marlena Haddad on 2021-10-21 at 11:24am

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

Latest SPAC News: Equinox in talks to merge with Ares SPAC; WeWork shares rise on first day of trading


Equinox, Owner of SoulCycle, Is In Merger Talks With Ares SPAC

Equinox, whose gyms are frequented by Wall Street staffers among others, is in talks to go public through a merger with Ares Acquisition Corp. (NYSE:AAC) after talks with one of Chamath Palihapitiya’s blank-check companies collapsed, according to Bloomberg.

Ares Acquisition raised $1 billion in its February IPO. It is backed by Ares Management Corp., an alternative asset manager. A co-founder of Ares Management, David Kaplan, is the SPAC’s co-chairman and chief executive officer.

READ

WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO

WeWork (NYSE:WE) shares rose on its first day of trading Thursday, capping a journey to a listing that included the implosion of its IPO in 2019.

The shared-office company WeWork went public through a combination with BowX Acquisition Corp. Shares, trading under the name WeWork Inc., rose about 6% to $11 Thursday morning.

READ

 

Recent Posts
by Marlena Haddad on 2023-06-07 at 5:54pm

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...

by Marlena Haddad on 2023-06-07 at 5:52pm

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...

by Marlena Haddad on 2023-06-07 at 5:49pm

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...

by Marlena Haddad on 2023-06-07 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 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...

by Nicholas Alan Clayton on 2023-06-07 at 7:33am

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...

Privacy Policy|Terms Of Use
Copyright © 2023 SPACInsider, Inc. All Rights Reserved