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Battery Manufacturer Sakuu to Combine with Plum Acquisition I in $705M Deal
Founded in 2016, Sakuu operates two facilities in Silicon Valley, California, where it is headquartered: a solid-state battery pilot line facility, and an additive manufacturing engineering facility.
March 3, 2023
GLAAM Merging with Jaguar Global Growth I in $309M Deal
Seoul, South Korea-based GLAAM is a large-scale provider of architectural glass with media display capabilities.
March 2, 2023
Lexasure Financial Combining with Capitalworks Emerging Markets Acquisition in $250M Deal
In its traditional lines of business, Lexasure underwrites reinsurance and insurance and serves as a broker for a diverse set of industries, working with over 60 primary insurers across 22 countries in Asia, the Middle East, and North America.
March 1, 2023
PublicSq. Merging with Colombier Acquisition in $200M Deal
PSQ Holdings is a marketplace that connects who it describes as “freedom-loving” Americans. Colombier was founded by Omeed Malik, founder and CEO of Farvahar Partners.
February 28, 2023
DIH Combining with Aurora Technology Acquisition in $322M Deal
The estimated pro forma enterprise value includes an anticipated $20 of DIH net debt at closing, and $58.3 million held in Aurora trust account, subject to redemptions.
February 27, 2023
Borealis Foods Combining with Oxus Acquisition in $150M Deal
Borealis is a food technology company that has developed a high quality, affordable, sustainable and highly nutritious range of plant-based, ready-to-eat meals.
February 24, 2023
Marblegate Acquisition Merging with DePalma Companies in $755M Deal
Marblegate raised $300 million in an October 2021 IPO, although redemptions since then have whittled the trust down to about $10.23 million.
February 22, 2023
Fertility Provider NewGenIvf Combining with A SPAC I in $50M Deal
A SPAC I raised $60 millon in an IPO a year ago, although the trust is down to about $37.3 million following redemptions on an extension vote.
February 17, 2023
Global Graphene Group’s Honeycomb Battery Merging with SPAC Nubia Brand Int’l in $700M Deal
Terms call for Nubia to issue 70 million shares of its common stock (current valuation of $700 million) to Honeycomb investors, plus contingent earnout payments of up to 22.5 million shares of common stock (current valuation of $225.0 million) if certain stock price targets are met.
February 16, 2023
InsurTech Roadzen Merging with Vahanna Tech Edge Acquisition I in $965M Deal
Estimated proceeds from the transaction are expected to consist of Vahanna’s $204 million of cash held in trust (assuming no redemptions), with a $50 million minimum to close.
February 14, 2023