RMG Acquisition set Dec. 28 for a shareholder vote on the SPAC’s proposed combination with Romeo Systems, which manufactures litium-ion battery packs. The combined company would have pro forma equity value estimated at $1.33 bilion. Read more.
Related Posts
Experience Investment Stockholders Approve Blade Merger
Announced in December, terms call for Blade to receive transaction proceeds of approximately $365 million, comprised of Experience Investment Corp.’s cash held in trust and an upsized and oversubscribed $125 million fully committed PIPE.
Hudson Executive II Closes $250M IPO
The SPAC is targeting technology-driven disruptive companies.
Four Execs Quit Anzu Special Acquisition I Over SPAC’s New Direction
Anzu in the filing provided no hint of its new strategic direction. The SPAC originally said it intends to focus “on high-quality businesses with transformative technologies for industrial applications.”
Tuscan Inks LOI With Microvast
Tuscan raised $240 million in its IPO last year. Microvast said it is on target to generate $100 million in revenue this year.