Next Stop for Electric-Vehicle SPAC Mania: the Jetsons

Two of Chamath Palihapitiya’s SPACs dropped after Hindenburg Research released a new short report on the investor's other recent SPAC, Clover Health.

The news organization compiled a list of the 10 SPACs whose announced deals had the shortest lifespan this year before falling apart.

Lionheart has begun discussions with backers of a potential PIPE for a deal that would provide growth capital to Melbourne-based Security Matters

SPAC 890 5th Avenue Partners’ stockholders approved the business combination with BuzzFeed in December 2021. However, without mentioning redemptions, the SPAC said only $16.2 million remained in its trust account. The SPAC raised $287.5 million in an IPO, so redemptions would have to have been in the vicinity of 94%.