Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Redwire back on acquisition trail with deal for QinetiQ Space and Footprint showcases development of plant-based recyclable packaging for Gillette
Redwire back on acquisition trail with deal for QinetiQ Space
British defense firm QinetiQ is selling its Belgian commercial satellite systems division to Redwire, a U.S.-based consolidator of space infrastructure.
Redwire (NYSE:RDW) said Oct.3 it plans to buy QinetiQ Space, which supplies small satellites and other instruments for European end-to-end space missions, for 32 million euros ($31.4 million).
In September 2021, Redwire became a public company by merging with Genesis Park Acquisition Corp., a special purpose acquisition company, to fuel further acquisitions.
READFootprint Showcases Development of Innovative Plant-Based Recyclable Packaging for Gillette
Footprint, a global materials science technology company focused on creating a healthier planet, released a case study highlighting its recent development of a custom plant-based fiber tray to package the GilletteLabs Razor with Exfoliating Bar. Gillette, the world’s leading expert in men’s grooming and a core brand in the portfolio of multinational consumer goods corporation Procter & Gamble (P&G), became the first brand to implement Footprint’s new color-based molded fiber in its packaging. The plastic-free, certified recyclable tray from Footprint supports Gillette’s goal to achieve 100% recyclable packaging by 2030, as well as Footprint’s goal to create a healthier planet.
In December 2021, Footprint announced its intention to list on NASDAQ as a public company in a business combination agreement with Gores Holdings VIII, Inc. (Nasdaq: GIIX, GIIXW and GIIXU).
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....