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Some investors are pulling out of the SPAC merger with Trump's media company

September 26, 2022 Market

Investors are withdrawing from SPAC Digital World Acquisition Corp's proposal to buy former US President Donald Trump's social media startup Truth Social.

Source: Reuters
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SPAC King Palihapitiya closes down two SPACs after failed deal hunt

September 22, 2022 Market

SPACs Social Capital Hedosophia VI and Social Capital IV to be terminated. Chamath Palihapitiya cites valuations and volatility as main reasons.

Source: Bloomberg
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SPACinformer

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Intuitive Machines – the last space SPAC?

September 21, 2022 Market

Intuitive Machines, which NASA contracted to transport supplies to the lunar surface, is going public and will trade on the Nasdaq under the symbol LUNR.

Source: Quartz
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SPACinformer

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Rumble, the video platform backed by Peter Thiel, begins trading after SPAC deal

September 21, 2022 Market

Rumble Inc., the conservative video network sponsored by billionaire Peter Thiel, went public on Monday after a SPAC deal valued the company at more than $2 billion.

Source: Bloomberg
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SPACinformer

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Are SPACs dead?

September 20, 2022 Market

SPAC activity has come to a halt, but it is too soon to conclude if SPACs have vanished for good.

Source: Middle Market Growth
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SPACinformer

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Trump SPAC DWAC said to be unable to pay proxy solicitation business

September 20, 2022 DWAC

According to reports, Trump's SPAC, Digital World Acquisition Corp (DWAC), has failed to pay the business that has been gathering votes for its bid to take Trump's social network company and app Truth Social public.

Source: Seeking Alpha
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SPACinformer

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The SPAC Fintech Ecosystem Development Corp. (FEXD) announces two fintech acquisitions

September 15, 2022 Market

A subsidiary of SPAC FEXD will merge with and into Rana, while FEXD will purchase Afinoz, with Rana and Afinoz surviving the transactions as wholly owned subsidiaries of the SPAC FEXD.

Source: Yahoo Finance
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SPACinformer

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Apollomics, the cancer drugmaker, to merge with SPAC Maxpro

September 15, 2022 Healthcare

Cancer pharmaceutical Apollomics –valued at over $1 billion– plans to go public on Nasdaq by merging with SPAC Maxpro Capital Acquisition Corp.

Source: Bloomberg
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SPACinformer

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