SPACs Attack

Redwoods Acquisition Corp. (NASDAQ:RWOD) shares traded higher on Friday after the company announced that shareholders had approved its merger agreement with Anew Medical. Following the consummation of the transactions, Redwoods will change its name to Anew Medical, the company said in an...

LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, class A industrial and logistics real estate in Central and South America, agreed to go public via special purpose acquisition company (...

TriSalus Life Sciences has identified a special purpose acquisition company (SPAC) path for its NASDAQ debut, with a deal to merge with MedTech Acquisition Corporation (NASDAQ: MTAC) The company's business is built on TriNav, an infusion system that enables the...

Global online betting operator PlayUp Limited looks to go public via a special purpose acquisition company (SPAC) merger with IG Acquisition Corp (NASDAQ: IGAC). PlayUp will list on the NASDAQ via a newly-formed Irish company.  The transaction values PlayUp at $350...

Callaway Capital-led special purpose acquisition company (SPAC) Galata Acquisition Corp (NYSE: GLTA) agreed to combine with Marti Technologies Inc, Turkey's leading mobility app. Marti's founder and CEO will helm the new company named Marti Technologies Inc. Marti...

Crypto companies confront yet another challenge on top of the ones they already face. This time, the industry has been stuck in a lengthy back-and-forth with U.S. regulators since last year's boom, writes Bloomberg. Related: Could Terra's Stablecoin Struggles Affect The Circle...

Amprius Technologies Inc has agreed to merge with a special-purpose acquisition company (SPAC)that values the company at about $1.3 billion and would take it public, Wall Street Journal reported. Amprius makes batteries that it says are more powerful than conventional lithium-ion cells...

About 14 months after inking a natural killer cell deal with Cellectis SA (NASDAQ: CLLS), Cytovia plans to list on NASDAQ via a merger with the SPAC Isleworth Healthcare Acquisition Corp (NASDAQ: ISLE). The company went on to create a China joint venture. The biotech...

Spotify Technology SA's (NYSE: SPOT) smaller French rival Deezer looks to go public via a SPAC merger backed by billionaire Francois Pinault's investment group and investment banker Matthieu Pigasse, the Financial Times reports. Deezer merged with I2PO, a...

The largest US banks are warning of lower investment banking revenue next week on a slowdown in dealmaking following a blockbuster 2021 supported by markets and widespread stimulus measures. Financial Times writes that the first quarter of 2021 was a lucrative three months in which banks...

Nineteen blank-cheque company (SPAC) mergers have been canceled in 2022 compared to three in the identical interval in 2021, with many failing resulting from a mix of excessive investor redemptions and insufficient money from non-public traders through construction, often known as a Pipe, ...

Bitcoin mining and infrastructure startup Prime Blockchain Inc agreed to go public in the U.S. via a special purpose acquisition company (SPAC) merger with 10X Capital Venture Acquisition Corp II (NASDAQ: VCXA). The deal is worth $1.25 billion, including debt. Prime...

Wall Street's watchdog on Wednesday unveiled a draft new rule to enhance blank-check or special purpose acquisition company (SPAC) investor disclosures and to strip them of legal protection critics argue has allowed the shell companies to issue overly optimistic earnings projections, ...

Vickers Venture Partners' special purpose acquisition company Vickers Vantage Corp I (NASDAQ: VCKA) will merge with Scilex Holding Company, focused on developing and commercializing non-opioid therapies for acute and chronic pain. Scilex Holding is a subsidiary of US-based...

Memic Innovative Surgery Ltd has pulled out of a reverse merger deal with MedTech Acquisition Corporation (NASDAQ: MTAC), a special purpose acquisition company (SPAC) focused on medical technology. Last August, Memic announced its merger with MedTech Acquisition...