Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Digital World names new CFO, ConnectM announces its MELI-Mobility hardware passes standard test
Trump-backed SPAC Digital World names new CFO
Digital World Acquisition Corp (NASDAQ:DWAC), a blank-check firm that is set to merge with former U.S. President Donald Trump’s media and technology company, on Thursday named Katherine Chiles as its chief financial officer.
The development comes after Digital World in March ousted Chief Executive Patrick Orlando, saying that due to “unprecedented headwinds faced by the company” the board had agreed to select a new management team.
READConnectM Announces Its MELI-Mobility Hardware Passes Standard Test, Now Cleared for Sales in India
ConnectM Technology Solutions, Inc., a vertically integrated clean energy technology and solutions provider for buildings and all-electric OEMs, today announced its MELI-Mobility (Vehicle Control Unit) hardware product has passed every standard test in India in the first iteration without any re-tests and validations. The tests were conducted by ARAI, a prime Testing and Certification Agency notified by Government of India under Rule 126 of Central Motor Vehicle Rules, 1989. All Auto OEMs must confirm certain safety and regulatory standards on vehicles sold in India
As previously announced on January 3, 2023, ConnectM signed a definitive business combination agreement with Monterey Capital Acquisition Corporation (Nasdaq: MCAC), a special purpose acquisition company, that will result in a newly combined company to be publicly listed if such transaction is consummated.
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A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...