zimmytws SPAC Redwoods Acquisition Corp. (NASDAQ:RWOD) has ended talks about a possible merger with Xin Bo Xing, an Asia-based developer of new material technology. Redwoods said in an SEC filing that it was no longer pursuing a transaction with Xin Bo Xing. The SPAC noted that Xin Bo Xing had put out a press release … Read more
zimmytws SPAC RMG Acquisition Corp. III (NASDAQ:RMGC) said that it has signed letter of intent for a potential combination with Spanish cleantech H2B2 Electrolysis Technologies, which specializes in green hydrogen energy production. The companies said they expect a definitive agreement to be executed by the end of Q1, at which time it will release additional … Read more
zimmytws SPAC Decarbonization Plus Acquisition Corp. IV (NASDAQ:DCRD) shareholders will vote on whether to approve its planned merger with Canadian oil and gas company Hammerhead Resources on Jan. 23. DCRD said that it expects the deal to close in February. The company had previously said it sees the combined company’s stock trading on Nasdaq under … Read more
Stocks associated with special purpose acquisition companies crashed in 2022—with an exception: Freyr Battery The shares are up some 34%, year to date, despite stumbling this past Monday after releasing earnings. The stock’s rise, in fact, has accelerated; it’s up 5% in the past month, and 80% over six months. The Norwegian start-up had a … Read more
Justin Sullivan Elon Musk will allow Donald Trump back on Twitter (TWTR) after the former president won a poll run by the billionaire who recently purchased the social media behemoth. Twitter users voted 51.8% to 48.2% to allow Trump back on the social media platform after the Tesla (TSLA) chief conducted a poll that started … Read more
The LGBTQ social networking platform Grindr puts on a public show outside of the New York Stock Exchange (NYSE) as the company goes public following its merger with special purpose acquisition company (SPAC) Tiga Acquisition Corp. on November 18, 2022 in New York City. Spencer Platt | Getty Images Traders, bank workers and tourists weren’t … Read more
The Dow Jones Industrial Average closed off lows after reversing amid reports that rockets hit inside Poland. New Warren Buffett holding Taiwan Semiconductor (TSM) surged while the Donald Trump SPAC Digital World Acquisition (DWAC) plunged ahead of the expected announcement of another Trump presidential bid. X Strong Walmart (WMT) earnings helped boost retail stocks. Meanwhile, … Read more
SPAC TLG Acquisition One to merge with Electriq Power Holdings Source link
SPAC 8i Acquisition 2 shareholders approve EUDA merger deal Source link
Dzmitry Dzemidovich SPAC Athlon Acquisition Corp. (NASDAQ:SWET) will liquidate and redeem its outstanding Class A common stock due to its inability to consummate a business combination. The SPAC said it will redeem all of its outstanding Class A shares issued during its initial public offering at the rate of $10.06 per share. The shares will … Read more