Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: London’s New Energy One mulls Eni North Sea merger, Freightos partners with Wideroe, and SpaceMobile confirms 4G capabilities to smartphones from space
London-listed SPAC New Energy One in talks about Eni North Sea merger
A London-listed vehicle advised by Amber Rudd, the former home secretary, is in talks to merge with a portfolio of carbon capture and storage (CCS) projects part-owned by Eni, the Italian energy giant.
Sky News has learned that New Energy One Acquisition Corporation (LON:NEOA) is in advanced discussions about a combination with the Bacton and HyNet projects, which together will be capable of storing 20 million tons of carbon annually by 2030.
READWideroe, a Leader in Emission Reduction, to Expand its Digital Offerings with eBookings on WebCargo
Wideroe, the innovative Nordic airline, announced today a new partnership with WebCargo by Freightos (NASDAQ: CRGO) to deliver real-time rates, capacity and eBookings on the cargo booking platform, reaching 3,500+ forwarders across 10,000 offices globally. Forwarders now have access to air cargo shipments from Norway, Denmark, and the United Kingdom through Wideroe’s unique network. With WebCargo, Wideroe stands ahead of the curve in digitization for regional carriers, delivering world-class digital freight pricing and booking services.
READAST SpaceMobile Confirms 4G Capabilities to Everyday Smartphones Directly From Space
AST SpaceMobile (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, announced it has achieved repeated successful download speeds above 10 Mbps during testing of BlueWalker 3. Space-based cellular communications at 4G speeds using unmodified smartphones is another world first telecommunications achievement by AST SpaceMobile.
SpaceMobile completed its business combination with New Providence in April 2021.
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McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...
Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....