Gogoro (GGR) deSPACs in the green. Black Rifle Coffee Company (BRCC) takes a hit on warrant redemption. And the rest of the day’s news in SPACs.
Boardroom Alpha Research
GGPI/ Polestar revs up on HTZ Deal. DWAC Slammed by Elon’s TWTR Stake.
GGPI / Polestar revs on HTZ order. DWAC / Truth Social slammed by 2 executive departures and Elon’s TWTR stake. Two DAs! And the rest of the day’s news in SPACs.
GGPI / Polestar gaining momentum on 5-Year HTZ Deal
GGPI shares are up 6% on an announced Polestar partnership with HTZ that includes purchasing up to 65,000 EVs over five years. We continue to view the shares as undervalued heading into the merger.
Bitcoin Miner Primeblock gets a $1.25B SPAC Deal
Ending the week with a bang: two SPAC IPOs, DA for VCXA, and merger approval for HLXA/ Immunotherapeutics AG.
SPAC Market Review – March 2022
Despite increased scrutiny and apparent investor fatigue, deals are getting done and SPACs remain an attractive path to the public markets.
All Eyes on Swvl, Gogoro Gets Approval.
Mass transit and shared mobility provider Swvl (SWVL) is the latest deSPAC. PPGH approved its merger with battery-swapping provider Gogoro. And extensions are a key theme as 3 SPACs buy themselves more time.
SEC Debuts New SPAC Rules
The SEC debuts new proposed SPAC rules. Taiwanese EV battery swapping infrastructure player Gogoro gears up for merger approval, BREZ extends. And the day’s news in SPACs.
Starry falls in trading debut
STRY deSPACs, Only Fans gets even more eyeballs as it reportedly looks for a deal. Swvl /GMBT makes noise ahead of tomorrow’s merger vote. And the day’s news in SPACs.
FMAC Drops PIPE Price Ahead of Starry Vote
FMAC closes its merger with Starry, with some major tweaks. ACBA extends merger vote. And the day’s news in SPACs.
Signs of Spring? SPAC Deal Activity Picked up this Week.
Signs of life in SPACland, with 4 deals and an IPO announced this week. Emerging Markets Horizon (HORI) cuts Russia ties. The week ends with the all-too-familiar deal cancellation. And all the day’s news in SPACs.