Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: D-Orbit announces launch and deployment contract with Astrocast and Nogin partners with United Sports Brand
D-Orbit Announces Multi-Year Launch and Deployment Contract with Swiss Satellite Internet of Things (IoT) Network Operator Astrocast
D-Orbit, a space logistics company, announced today the signing of a multiple launch and deployment contract with Astrocast, a leading Swiss IoT-focused nanosatellite company.
According to the agreement, D-Orbit will launch twenty of Astrocast’s satellites aboard ION Satellite Carrier, D-Orbit’s versatile and cost-effective orbital transfer vehicle (OTV) designed to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit. The satellites, which will join Astrocast’s constellation of satellites for the Internet of things (IoT), will be delivered to space over a period of three years, through multiple missions.
As previously announced on January 27, 2022, D-Orbit has entered into a business combination agreement among Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), a publicly traded special purpose acquisition company.
READNogin Announces Agreement with United Sports Brands to Plug Into its Intelligent Commerce Platform
Branded Online, Inc. dba Nogin (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”) technology, has announced a multi-brand CaaS agreement with United Sports Brands (“USB”), a leader in sports performance and protection.
Nogin’s all-in-one software platform is a cloud-based, headless, eCommerce environment, purpose-built for brands selling direct-to-consumer and through online channel partners. As part of a three-year agreement, USB brands will plug into Intelligent Commerce to deliver world class eCommerce to their consumers without all the cost, complexity, time, and risk of building and managing their own online stores.
Software Acquisition Group Inc. III (NASDAQ:SWAG) entered into a definitive agreement to combine with Commerce-as-a-Service technology provider Nogin on February 14, 2022.
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Terms Tracker for the Week Ending January 27, 2022 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re coming up on the end of January, the first month of the year, and to-date no new S-1s have been filed. Additionally, the number...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Circle spokesperson denies blaming SEC for failed deal, BuzzFeed CEO says AI-powered content will be part of core business, and FaZe Clan faces possible delisting Circle Spokesperson Denies Blaming SEC for Failed $9 Billion Deal...
Health Sciences 2 (NASDAQ:HSAQ) announced that it closed its combination with Orchestra BioMed on January 26. HSAQ ahead of its vote pre-announced redemption figures of 1,597,888 shares equating to 67.7% redemptions, however, that’s still subject to change. However, today it was noted that Orchestra BioMed is to receive $70 million in gross proceeds including $20...
Carbon capture technology has long been talked about, and it is finally in operation with LanzaTech among the pioneers. Its plants are turning potential emissions into clothing, household goods and sustainable fuels. SPAC cash is now also an accelerant in this new process as the company announced a $1.7 billion combination with AMCI II last March. This week, we caught up with...
In this series we’ll be examining successful SPAC deals from the past both in the terms and circumstances of their de-SPAC processes and how they have weathered the storms that have followed after their public listings with research from SPACInsider contributor Anthony Sozzi. Thirty months does not sound like that long, but it’s been a...