Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Truth Social’s head of engineering suddenly resigns, ZeroNox announces partnerships to bring Tuatara EVs to Europe, and WebCargo by Freightos enables digital interlining
Donald Trump’s Truth Social App in Turmoil as Chief Engineer Suddenly Resigns
As former President Donald Trump’s Truth Social experienced trouble in the past few months, the company’s head of engineering announced his resignation, which dealt a significant setback to the social media platform.
President Donald Trump’s Truth Social app head of engineering, Alex Gleason, told Reuters on Monday that he had resigned from the company.
Trump Media & Technology Group had in October 2021 announced a deal to go public by merging with blank-check firm Digital World Acquisition Corp (Nasdaq:DWAC).
ZeroNox Announces Partnerships to Bring Tuatara Electric Vehicles to Europe
Zero Nox Inc., a leading provider of sustainable, off-highway vehicle electrification, today announced it has signed distribution agreements with E-lix Elektromoblie GMBH and Chateaux Des Langues to deliver ZeroNox-powered Tuatara electric utility terrain vehicles (UTVs) across Europe.
With this agreement, E-lix Elektromoblie GMBH and Chateaux Des Langues will add ZeroNox-powered Tuatara vehicles to their offerings for off-highway vehicle customers. Their customers will now have the option to purchase a more environmentally friendly off-highway vehicle without compromising on the performance demands required of UTVs. The ZeroNox-powered Tuatara is a powerful electric UTV with a 2,200 load and towing capacity as well as a 4-6 hour driving range.
As previously announced, ZeroNox signed a definitive business combination agreement with The Growth for Good Acquisition Corporation (Nasdaq: GFGD).
READFreightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced that WebCargo by Freightos now enables digital interlining. The first booking, a test shipment by Qatar Airways Cargo on an ITA Airways flight, is a significant first step towards Freightos’ vision for streamlined interlining.
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....