Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Next.e.GO Mobile SE secures $75M financing, FC Barcelona plans to list its digital unit on Nasdaq via SPAC, and VinFast said to plan 3Q Nasdaq listing
Next.e.GO Mobile SE Secures $75 Million Financing
As previously announced, e.GO has entered into a definitive agreement for a business combination with Athena Consumer Acquisition Corp. (NYSE: ACAQ), a publicly-traded special purpose acquisition company that would result in e.GO and Athena becoming a subsidiary of Next.e.GO B.V. to be publicly listed on the NYSE under the new ticker symbol “EGOX”.
READFC Barcelona plans to list digital unit on Nasdaq via SPAC
Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a SPAC, newspaper Expansion reported on Friday citing unidentified market sources.
The plan, which involves Swiss private equity fund Mountain Partners, is still in an ‘initial phase’ and the IPO would happen at the end of this year if it ever proceeds, Expansion reported.
FC Barcelona would keep an 80% stake in Barca Media, while the SPAC would own the remaining 20%. The transaction would value the unit at around 1 billion euros ($1.09 billion), Expansion said.
READVietnam’s VinFast Said To Plan Third Quarter Nasdaq Listing
Vietnamese electric-vehicle maker VinFast plans to list its shares on the Nasdaq Global Select Market during the third quarter after merging with a SPAC.
A company representative said that VinFast and Black Spade Acquisition Co. will discuss and decide whether to list VinFast on the New York Stock Exchange or Nasdaq and will announce more information about the listing at the appropriate time.
VinFast had said in May that it will list in the US by merging with SPAC company Black Spade in the second half of this year.
Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCIIU”, Tuesday, July 1, 2025. The new SPAC plans to combine with a target company in the financial services technology (fintech) sector and fintech adjacent sectors that...
Indigo Acquisition Corp. (NASDAQ:INACU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “INACU”, Tuesday, July 1, 2025. The new SPAC plans to combine with an established, profitable company whose growth potential can benefit from its team’s expertise. Indigo’s management team is...
After a quiet June, July is set to be active throughout the month with nine de-SPACs and sponsors coming unlocked from their trading restrictions. This timing is most fortuitous for insurance investor Abacus Life (NASDAQ:ABL) and East Resources, which took it public in 2023, as it is the best performer of this group of companies...
Pyrophyte II (NYSE:PAII.U) has filed for a $175 million SPAC to dig for a natural resources target while the team’s first deal remains pending. The new SPAC is offering investors 1/2 warrants in each unit and it will have 24 months to complete a business combination without asking shareholders for an extension. It is the...
At the SPAC of Dawn The last day of the quarter is to play host to a pair of shareholder votes and a possible pricing of Indigo‘s (NASDAQ:INACU) $100 million IPO. This week is also to play host to fresh jobs numbers just before the long July 4 weekend. Black Hawk (NASDAQ:BKHA) was also one...