Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: NUBURU awarded contract from US Air Force, Truth Social joins Rumble’s ad platform, and DWAC warns decline in Trump’s popularity could hurt social media company
NUBURU Awarded SBIR Phase II Contract by U.S. Air Force to Develop Blue Laser-Based Area Printing Additive Manufacturing System
NUBURU, an industry leader in high-power and high-brightness blue lasers for 3D printing and industrial applications, has been awarded an AFWERX Small Business Innovation Research (SBIR) Phase II contract to develop a blue laser-based 3D printing solution with area printing technology.
This press release relates to a proposed transaction between Tailwind Acquisition Corp. (NYSE: TWND) and NUBURU, Inc.
READTruth Social Joins Rumble’s Ad Platform as First Publisher
Rumble, the video-sharing platform, announced that Truth Social is using the Rumble Advertising Center to serve advertisements on its platform.
The company announced in December 2021 the execution of a definitive business combination agreement with CF Acquisition Corp. VI (NASDAQ: CFVI).
READTrump-linked SPAC warns decline in ex-president’s popularity could hurt his social media company
Digital World Acquisition Corp (NASDAQ:DWAC), the SPAC that agreed to take Trump Media and Technology Group public, warned Monday that potential damage to former President Donald Trump’s popularity could hurt his firm.
The warning came in a securities filing that set a Sept. 6 shareholder meeting to determine whether to delay the deadline for completing a merger with Trump’s firm, which owns the Truth Social app. DWAC also said it could liquidate if the merger isn’t consummated.
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Terms Tracker for the Week Ending February 3, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The month of February started with an IPO, thanks to the pricing of Cetus Capital Acquisition Corp (Nasdaq: CETU) which began trading on February 1....
Forest Road II (NYSE:FRXB) and 10X Capital Venture III (NYSE:VCXB) both announced this afternoon that they have mutually terminated their business combinations. Forest Road II intended to combine with transportation technology developer HyperloopTT, but the parties decided to nix the deal due to timing constraints along with unfavorable market conditions. Tom Staggs and Kevin Mayer, Co-CEOs and...
Intelligent Medicine Acquisition Corp. (NASDAQ:IQMD) and AMCI Acquisition Corp. II (Nasdaq: AMCI) announced this afternoon that they have adjourned their special meetings with shareholders. Intelligent Medicine originally scheduled its meeting to be held today, but is now postponing its vote until Wednesday, February 8. Stockholders may elect to redeem their shares by no later than...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Comcast dumps 18.5% of its BuzzFeed stock Comcast Dumps 6 Million Shares of Buzzfeed After Media Company Finally Gets a Bump Comcast dumped 18.5% of its BuzzFeed (NASDAQ:BZFD) stock in recent days, reducing its...
Viveon Health (NYSE:VHAQ) announced this morning that it is unilaterally terminating its combination with Suneva Medical “based upon material breaches” of the merger agreement. The SPAC did not elaborate further on its claims against Suneva, but noted it will continue on and seek a new business combination. Just last week, Viveon Health was working to...