Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: PlayUp embarks on restructuring, close to selling US unit to public company, and PublicSq. launches EveryLife
PlayUp Reportedly Close to Selling US Unit to Public Company
Australia-based PlayUp is close to selling its US operations to an unidentified publicly company traded and will embark upon a significant restructuring, including sizable layoffs.
Last September, PlayUp announced plans to go public via a reverse merger with IG Acquisition Corp., a SPAC controlled by Bradley Tusk. That deal fell apart in January after IG Acquisition claimed PlayUp failed to provide material financial documents in the previous month. The offer valued the gaming company at $350 million.
PublicSq. Launches EveryLife, a Wholly-Owned Subsidiary and Pro-Life Baby Brand
PSQ Holdings, Inc. (“PublicSq.”), the leading marketplace of patriotic businesses and consumers, proudly announces the commercial launch of its wholly-owned subsidiary EveryLife and its first direct-to-consumer product offerings. EveryLife introduces a line of premium baby products, including diapers and wipes, dedicated to celebrating and protecting the miracle of every life. The brand firmly believes that every individual, regardless of their background, socioeconomic status, or circumstances of conception, deserves love, support, and the right to life.
July is a significant month for PublicSq., as it works toward completion of its previously announced proposed business combination with Colombier Acquisition Corp. (NYSE: CLBR).
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Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
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....