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DWAC shares plunge 28% on news of a second SEC subpoena. Important merger vote for Sir Richard Branson today: VGII / Grove Collaborative. Tomorrow, EJFA / Papaya. And the rest of the day’s news in SPACs.
DAs for diamond retailer Blue Nile and online travel booking specialist Holisto. BIOT / Blade Therapeutics is terminated. Merger votes this week for VGII / Grove Collaborative and EJFA / Papaya. And the rest of the day’s news in SPACs.
Moroccan agribusiness Forafric (AFRI) debuts. With TCAC / Springbig approved at 96% redemptions, we take a look at redemption trends. Lots of extension votes coming up. And the rest of the day’s news in SPACs.
Polestar starts shipping for 65,000 unit Hertz contract. GLAQ delays Forafric vote. Too early for psychedelics as Silver Spike II terminates Eleusis deal. And the rest of the day’s news in SPACs.
Shares of warehouse robot maker Symbotic (SYM) join the high redemption/thin float club, popping 120% on today’s debut. Merger approval for DYNS/ Senti Bio. The usual extensions. And the rest of the day’s news in SPACs.
Icelandic biotech Alvotech gets merger approval in a busy voting day. The usual extensions. And the rest of the day’s news in SPACs.
SVFC approves Symbotic merger. SPACs are busy with 4 merger votes this week. Fingers crossed…lots of extension votes. And the rest of the day’s news in SPACs.
The race against the clock continues. BIOT says it has enough votes for its merger with Blade Therapeutics, but needs more time to close. And the rest of the day’s news in SPACs.
The Branson-backed sustainable consumer goods company reports soft Q1 results ahead of 6.14 merger vote. June’s going to be a nail biter– a slew of extension and merger votes coming up.
An oversaturated SPAC market yields a combination of terminations and extensions as deal pressure intensifies. And the rest of the day’s news in SPACs.