AI jitters have hit the market again with a significant drop to several digital infrastructure stocks and there are already signs that banks have begun to hedge. More
TCGX I (NASDAQ:TCGX) has signed a definitive agreement to combine with drug developer TriGemX Bio at a pro forma enterprise value of $402.8 million. New York-based TriGemX Bio is developing a drug candidate for the treatment of acute migraines that is currently in Phase III trials. More
The third week of October is set to host three SPAC shareholder votes and could include as many or more IPOs with AEI CapForce II (NASDAQ:AEIBU), SPACCircle (NASDAQ:SCQCU), Allarity (NASDAQ:ALLNU), and Harbour Island I (NASDAQ:HRIAU) all lined up to attempt to price their offerings this week. More
Friday brings the SPAC week to a close with only a few bits of economic data coming freshly to the fore with import prices, industrial production numbers and capacity utilization figures all impacting trades before the opening bell. More
EuroSPAC Acquisition Corp. has filed for a $125 million SPAC with a team made up of executives from the shipping industry. The new SPAC is offering investors 1/2 warrants in its units with no overfunding of its trust and a 24-month transaction deadline. More
TCGX Acquisition Corp. II (NASDAQ:TCXB) announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol "TCXB" on Friday, October 16, 2026. More
In the last iteration of this column, SPACInsider took a look at some industries and targets that should be high on a SPAC team’s list, especially should inflation and interest rate pressures force a renewed focus on cash-generating targets. More
Pyrophyte II (NYSE:PAII) has entered into a definitive agreement to combine with manufacturing firm Sakuu at a pro forma enterprise value of $682.3 million. San Jose, California-based Sakuu is developing manufacturing lines for more efficiently producing battery materials for a number of industries. More
In a first for SPACs this week, two teams released the results from shareholder votes, in which zero shares were redeemed in connection with either of them. More
In the latest move to allow subscribers to leverage AI to work with SPACInsider data, SPACInsider now has two MCP plugins available on both ChatGPT and Claude. More