With two new de-SPACs set to debut in trading today after closing their business combinations, August has suddenly become a month of tying up loose ends. More
Black Spade III (NYSE:BIII) has brought a new deal to market, this time from the hot space sector as it unveiled plans to merge with satellite broadcast firm Astrum Space this morning. More
The past 36 hours have been busy on all sides of the lifecycle with three new SPACs filing S-1s, two pricing their IPOs with both one new business combination announced and another closed. More
Another SPAC combination has reached a close, which sets some new data points in this ongoing SPAC cycle, among them the state of redemptions. Hennessy Capital VII (NASDAQ:HVII) saw 98. More
August's third week is set to see four SPACs seeking shareholder approval on proposals, two of which could see new de-SPACs hitting the public markets. Today, Hennessy Capital VII (NASDAQ:HVII) investors are voting on its combination with energy firm ONE Nuclear while Bleichroeder II (NASDAQ:BBCQ) shareholders vote on its combination with quantum computing firm Pasqal tomorrow. More
Another crypto treasury transaction bit the dust after hours yesterday as Cantor Equity Partners I (NASDAQ:CEPO) called it quits on its business combination with Bitcoin Standard Treasury, which would have floated assets from a series of the founding members of the Bitcoin space. More
There are 105 SPACs with pending business combinations at the moment with the oldest of these SPACs dating back to 2021. But, many are still being active in getting their deals over the finish line. More
With the pace of SPAC IPOs picking back up this week, a revival of deal announcements could also be around the corner. The first week of August saw three new business combinations unveiled, but there has only been one since. More
Futures are flashing red after a late turn towards the negative in yesterday's trading, with the Nasdaq set to open more than -1% down from the start of the session. More
After a somewhat sleepy week in SPAC activity last week, three SPACs have scheduled shareholder votes for this week and some of those teams vying for a public listing are expected to continue that push over the next few days. More