Compute Health Acquisition Corp. (CPUH) Warrant Holders Approve Amendment
by Marlena Haddad on 2023-07-26 at 5:58pm

Compute Health (NYSE:CPUH) announced in an 8-K this afternoon that its warrant holders have approved an amendment to the warrant agreement after adjourning the meeting earlier this morning.

After all parties had a chance to engage with the new changes, the meeting was reconvened at 12 pm ET today. Holders of 27,807,333 Compute Health Warrants were present at the meeting, representing approximately 80.8% of the voting power of outstanding Compute Health Warrants.

Approximately 89% of the votes cast at the meeting, including votes cast by holders of approximately 55% of Compute Health’s outstanding public warrants, voted to approve the warrant amendment.

As previously announced, Compute Health has scheduled a special meeting for July 28 to approve its $500 million business combination with Allurion. Natick, Massachusetts-based Allurion makes a swallowable balloon that inflates in patients’ stomachs to reduce space for incoming food for weight loss purposes while serving as an IoT tracker of certain health metrics.
Recent Posts
by Nicholas Alan Clayton on 2024-12-10 at 8:10am

At the SPAC of Dawn Tuesday brings a big day of US retail sales readings, which generally get outsized attention in the thick of the holiday season. A pair of US retail sales indicators are set to report at 8:30 am ET, while industrial production figures and capacity utilization are set for a 9:15 am...

by Nicholas Alan Clayton on 2024-12-10 at 7:49am

Jackson Acquisition Company II (NYSE:JACS.U) announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “JACS.U”, Tuesday, December 10 2024. The new SPAC intends to search for a healthcare target that can benefit from its team’s relationships within the healthcare services space nationally....

by Nicholas Alan Clayton on 2024-12-09 at 4:06pm

SPAC deal flow has hit a slump in the second half of 2024 as the SPAC ecosystem transitions from one generation of SPACs to another. This year started with 128 SPACs still searching for a target and 102 SPACs are still in that state today. So, one might expect a more vigorous pace of announced...

by Nicholas Alan Clayton on 2024-12-09 at 8:26am

At the SPAC of Dawn The second week of December kicks off with plenty of business on the schedule. Eight SPACs are holding votes of some kind while both Swiftmerge (NASDAQ:IVCP) and Mars (NASDAQ:MARX) ask their shareholders for approval of their deals. Swiftmerge has been working to take natural gas producer AleAnna public since June...

by Kristi Marvin on 2024-12-07 at 10:01am

Terms Tracker for the Week Ending December 6, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. SPACs managed two IPO pricings this week bringing the 2024 YTD count to 52. However, earlier in the week it was expected that four SPAC...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved