Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: SRIVARU announces the launch of Prana 2.0 intelligent battery system
SRIVARU Announces Launch of Prana 2.0 Intelligent Battery System
SRIVARU, a commercial-stage provider of premium electric motorcycles, today announced the launch of SRIVARU’s Prana 2.0 intelligent battery system.
SRIVARU, one of the leading providers of premium electric motorcycles in India, the world’s largest and fastest-growing market for two-wheeled vehicles, has been in the market for over two years with its Prana line of electric motorcycles. Building on the initial success of the Prana 1.0 product series, SRIVARU is planning to launch its Prana 2.0 product series, which aims to deliver a further enhanced riding experience.
On March 13, SRIVARU announced an agreement for a business combination with Mobiv Acquisition Corp. (Nasdaq: MOBV), which is expected to result in SRIVARU becoming a public company listed on the Nasdaq Stock Exchange and is expected to close in the first half of 2023.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: UK SPAC Ashington Innovation announces it will IPO on London Stock Exchange and Cheche Technology releases new business intelligence platform UK SPAC eyes £1.8m IPO in London UK SPAC Ashington Innovation has announced today...
Seaport Global II (NASDAQ:SGII) has entered into a definitive agreement to combine with American Battery Materials (OTC Pink:BLTH) at an enterprise value of $225 million. The Greenwich, Connecticut-based is developing potential lithium and cobalt-mining sites in Utah. The combined company is expected to be up-listed to the Nasdaq once the deal is completed in the...
Blue Ocean (NASDAQ:OTEC) announced this morning that it is pushing its extension vote scheduled for 11 am ET today to 2 pm ET, June 6. Shareholders at the special meeting are to vote on a proposal to allow Blue Ocean to automatically extend its transaction deadline up to 12 times in one-month increments from June...
Latest SPAC Liquidations: JAWS Hurricane JAWS Hurricane Acquisition Corporation (HCNE) to Liquidate on June 16 JAWS Hurricane Acquisition Corporation (Nasdaq: HCNE) today announced that its board of directors has determined not to proceed with a proposal to extend its corporate existence. As such, the Board has determined to cancel the special meeting of its stockholders,...
Jupiter Wellness Acquisition Corp. (NASDAQ:JWAC) announced this afternoon that it has completed its combination with Chinese carmaker Chijet. The deal was already approved by shareholders at a special meeting held on May 2, but at that time, the SPAC did not provide a timeline for the closing of the transaction. Although redemption numbers have still not...