Carsharing play Getaround strikes a $1.2B DA. Troubled video game rental player Redbox is acquired. And the rest of the day’s news in SPACs.
Boardroom Alpha Research
SPACs
DA for Sleep Apnea Specialist ProSomnus
Shares of urban aircraft company EVEX sink in first day of trading. DA for sleep apnea specialist ProSomnus. 2 SPAC IPOs. And the rest of the day’s news in SPACs.
Grindr Gets a DA. Eve is Ready for Takeoff
Grindr gets a DA. Eve is cleared for takeoff tomorrow. BREZ redemptions ~58%, continuing a declining trend. And the rest of the day’s news in SPACs.
Cartesian Prices $200M IPO amidst the Week’s Wreckage
A $200M IPO for Cartesian Growth Corp.II (RENEU) ends a rough week. And the rest of the day’s news in SPACs. And the rest of the day’s news in SPACs.
Amidst Market Carnage, HYAC Sets Vote Date for Biote
With the S&P500 falling a precipitous 3.5%, today was a day to take cover. Biote next up for a vote. MAQC extends. And the rest of the day’s news in SPACs.
High Redemptions on ZeroFox
LNFA approves extension for ZeroFox, high redemptions. And the rest of the day’s news in SPACs.
Nuclear Power is Back as NuScale Debuts in the Green
Nuclear power is hot as NuScale debuts in the green. SOUN gets squeezed. And the rest of the day’s news in SPACs.
Cannabis SaaS Play springbig Gets Valuation Haircut
Amended deal terms for TCAC/springbig. 2 SPAC deals today. And the rest of the day’s news in SPACs.
SPAC Market Review – April 2022
The market is a mess right now. A hawkish Fed and even more cautious SEC are slowing deals….but may raise the bar for more quality SPACs down the line.
More COVFEFE. DWAC Jumps as Trump Posts on Truth Social
DWAC jumps as Trump returns to Truth Social. NuScale Power (SMR) begins trading next week. Zanite (ZNTE) / Eve makes noise ahead of next week’s merger vote. And the rest of the day’s news in SPACs.