Market Intel
2023-07-26 at 6:28pm
Yotta Acquisition Corp. (NASDAQ:YOTA) announced this afternoon that NaturalShrimp (OTCQB:SHMP) has terminated its business combination with the SPAC. On July 20, NaturalShrimp officially notified Yotta of its termination of the merger agreement. The termination is a result of the SPAC’s breach of certain representations in the agreement, making it impossible to fulfill certain conditions required
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2023-07-26 at 6:07pm
Genesis Unicorn Capital Corp. (NASDAQ: GENQ) announced this afternoon that its shareholders approved its combination with sustainable waste solutions provider ESGL Holdings at a special meeting held earlier today. At the meeting, a total of 6,542,842 shares of common stock were present, representing approximately 81.54% of the issued and outstanding shares of common stock. Shareholders approved all proposals
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2023-07-26 at 5:58pm
Compute Health (NYSE:CPUH) announced in an 8-K this afternoon that its warrant holders have approved an amendment to the warrant agreement after adjourning the meeting earlier this morning. After all parties had a chance to engage with the new changes, the meeting was reconvened at 12 pm ET today. Holders of 27,807,333 Compute Health Warrants
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2023-07-26 at 5:47pm
Latest Non-Redemption Agreements: Project Energy Reimagined and Clean Earth Project Energy Reimagined Acquisition Corporation (PEGR) Adds Non-Redemption Agreement On July 25, Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) entered into one or more agreements with one or more unaffiliated third parties in exchange for them each agreeing not to redeem an aggregate of 760,000 Class A ordinary shares,
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2023-07-26 at 4:55pm
Rigel Resource Acquisition Corp. (NYSE: RRAC) announced this afternoon that it has signed a non-binding letter of intent (LOI) to combine with a global metals company. The SPAC disclosed that it signed the LOI on March 23, but did not provide further information on the unnamed target or the potential transaction. Today’s announcement comes days before
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2023-07-26 at 4:16pm
Without any underwriters, lawyers, auditors, or financials… Well, this is a new one. Have you ever watched a TV show like Grey’s Anatomy and thought, “Yeah, I could do surgery.” The answer is no, no you can’t. SPACs, which to many people might seem simple on the surface, are actually quite complex. In fact, even
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2023-07-26 at 12:45pm
Northern Star Investment Corp. II (NYSE:NSTB) announced in an 8-K this afternoon that it has adjourned its special meeting to extend its extension vote to 11 am ET, July 28. The SPAC plans to use this extra time to engage with investors and effectuate redemption reversals. Its team is practiced at this by now as
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2023-07-26 at 11:37am
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: NASA awards Intuitive Machines with $15M to develop lunar night technology NASA Selects Intuitive Machines Team to Develop Survive the Lunar Night Technology Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW), a leading space exploration, infrastructure,
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2023-07-26 at 8:55am
TradeUP (NASDAQ:UPTD) announced in an 8-K this morning that it has added a $6.8 million PIPE to its combination with Estrella Biopharma, which will wipe an equal amount of debt from its books. Eureka Therapeutics, which was owed $6.8 million by Estrella, will instead receive 680,000 Class B units, each consisting of one common TradeUp
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2023-07-26 at 8:50am
Compute Health (NYSE:CPUH) announced in an 8-K this morning it has adjourned its meeting of warrant holders to vote on previously proposed amendments to the warrant agreement, and it has unveiled a further tweak. This meeting is set to reconvene at 12 pm ET on July 26 after all parties have had a chance to
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