Hennessy IV Adds Further Disclosures in Canoo Deal to Satisfy Shareholder Suits

Hennessy Capital Acquisition IV in its latest filing included additional disclousres related to its planned merger with Canoo. The disclosures were made, the SPAC said, to render moot two shareholder lawsuits alleging the omission of material information on the deal.

Canoo designs and manufactures electric vehicles.

Hennessy’s shareholder vote is set for Dec. 21. Read more.

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Alset Capital Acquisition Merging with HWH Int’l

Terms call for the SPAC's stockholders to receive one common share of HWH for every 10 of ACAX’s rights and ACAX’s warrants will become exercisable for HWH’s common shares at $11.50 per share. No other deal details were available.