By and large, when a company undergoing an active de-SPACing process winds up in the news, it tends to be a good thing. That is the case this week as autonomous trucking firm PlusAI, which has a pending business combination with Texas Ventures (NASDAQ:TVA), found itself in the middle of a caper that has the hallmarks of the original Fast and the Furious mixed with Ocean's Eleven. More
The deluge of SPAC news has kept pouring on with three new SPACs filing their S-1s over the past 24 hours and another two SPACs rolled out new business combinations. More
SPACs see a banner day with three business combinations announced and but teams can expect a more quiet week on other fronts as only one is set to hold a shareholder vote over the next five days. More
Bluerock II (NASDAQ:BRRKU) managed to price its $150 million IPO last night, which will bring September's IPO slate to five once it debuts. Bluerock II is also the third SPAC in a row to IPO with less than 24 months to initially work with on its initial transaction timeline. More
After a run of challenging redemption results, Hennessy VII (NASDAQ:HVII) got good news this week as it managed to expand its total trust funds remaining after redemptions from $2. More
Live Oak Acquisition Corp. VI (NASDAQ:LOVIU) broke a stretch of IPO silence last night by pricing its own offering and it is expected to debut later today. More
The market doesn't yet look to match Monday's surge, but falling oil prices have the market set up for a level gain. The constellation of de-SPACs involved in exploiting Greenland's resources also took huge leaps yesterday with news that the US and Denmark have reached an agreement over American activities in the territory. More
The coming week is set to host only extension votes with four tucked into the final three days of period, but there has been plenty of activity elsewhere. More
SPACs have gotten back into the IPO game with two teams pricing over the last two days after only one other SPAC getting to this stage in the rest of the month. More