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Some investors are pulling out of the SPAC merger with Trump's media company
Investors are withdrawing from SPAC Digital World Acquisition Corp's proposal to buy former US President Donald Trump's social media startup Truth Social.
SPACinformer
editor
SPAC King Palihapitiya closes down two SPACs after failed deal hunt
SPACs Social Capital Hedosophia VI and Social Capital IV to be terminated. Chamath Palihapitiya cites valuations and volatility as main reasons.
SPACinformer
editor
Intuitive Machines – the last space SPAC?
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.
SPACinformer
editor
Rumble, the video platform backed by Peter Thiel, begins trading after SPAC deal
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.
SPACinformer
editor
Are SPACs dead?
SPAC activity has come to a halt, but it is too soon to conclude if SPACs have vanished for good.
SPACinformer
editor
Trump SPAC DWAC said to be unable to pay proxy solicitation business
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.
SPACinformer
editor
The SPAC Fintech Ecosystem Development Corp. (FEXD) announces two fintech acquisitions
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.
SPACinformer
editor
Apollomics, the cancer drugmaker, to merge with SPAC Maxpro
Cancer pharmaceutical Apollomics –valued at over $1 billion– plans to go public on Nasdaq by merging with SPAC Maxpro Capital Acquisition Corp.
SPACinformer
editor
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