Africa’s Top Fiber-Optics Operator is in Talks With Betsy Cohen SPAC

Digital World Acquisition recently announced it had reached a tentative $18 million settlement with the regulator, which has been looking into allegations that the SPAC and Donald Trump's media company held merger discussions prior to the SPAC's IPO.

New York-founded White & Case sued former client Colonnade Acquisition II and its directors in New York state court late Monday, arguing the firm will be "irreparably harmed" if the blank-check company liquidates and dissolves before paying the fees it owes.

About half of 151 SPACs have no women on their board, Bloomberg reports.

India’s capital-markets regulator plans to build a dedicated framework on SPACs to allow "non-operational" entities to also raise funds in initial share sales and list locally, The Economic Times reports.