Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Martin Franklin launches London IPO, Momentis to lay off 60% of its employees, and Freightos unveils Freightos Terminal
Blank-Check Pioneer Martin Franklin Launches London IPO
Serial dealmaker Martin E. Franklin, who warned of excesses in blank-check companies last year, is raising money for a new buyout company.
Admiral Acquisition Ltd. is selling units at $10 each on the London Stock Exchange, according to terms seen by Bloomberg. The sponsor is Mariposa Capital, a Miami-based family office owned by Franklin. The offering, which will be at least $500 million, will raise funds for an acquisition, with no limit on the geography or industry of the target.
READSurgical robotics startup Momentis cutting 60% of team one year after $1 billion SPAC fell through
Freightos Terminal Launches Today With Industry-Leading Market Intelligence Data and Insights to Keep International Supply Chains Moving
Today, Freightos® (NASDAQ: CRGO), a leading freight booking and payment platform, unveiled Freightos Terminal, a one-stop dashboard that provides industry stakeholders with the data and market updates, trends and insights that they need to stay informed. This allows logistics professionals to optimize their international shipping and keep supply chains running smoothly and cost-effectively in an uncertain world.
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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....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...