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The Beneficient Company Group Combining with Avalon Acquisition in $3.5B Deal
Terms call for the target to receive $200 million in gross proceeds from Avalon’s cash in trust – assuming no redemptions.
Space Exploration Company Intuitive Machines Merging with Inflection Point Acquisition in $815M Deal
Inflection Point currently holds approximately $330 million of cash in trust, including $29 million of committed capital from an affiliate of its sponsor.
TPB Acquisition I Combining with Agritech Company Lavoro in $1.2B Deal
The transaction will be funded by up to $180 million from cash in the SPAC's trust and $100 million that TPB intends to raise through a PIPE at $10 per share.
Maxpro Capital Acquisition Merging with Apollomics in $899M Deal
Assuming no redemptions by Maxpro’s stockholders, Apollomics would receive up to $105 million of cash from the SPAC's trust. The minimum cash condition is $20 million.
Great Southern Homes Combining with DiamondHead Holdings in $572M Deal
Assuming no redemptions, the transaction will deliver approximately $320 million in cash proceeds, net of transaction costs, as well as a $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital.
Digital World Adjourns for 4th Time This Week, Pushes Vote on Fate of Trump Deal Back to October
Its sponsor, ARC Global Investments II, deposited $2.875 million (10 cents a share) into the SPAC’s trust, giving Digital World an automatic extension until Dec. 8. This is the first of two three-month lifelines available under the company's governing documents.
AERWINS Technologies Merging with Pono Capital in $750M Deal
The SPAC less than a month ago terminated a merger deal with pharmaceutical cannabinoids company Benuvia by mutual agreement. That deal had a pro forma enterprise valuation of $440 million.
Minority Equality Opportunities Acquisition Merging with Hispanic-Led Cloud Services Company Digerati Technologies in $145M Deal
The all-stock transaction forms a company with an initial equity value of approximately $228 million.
Aesther Healthcare Acquisition Merging with Ocean Biomedical in $345M Deal
Aesther Healthcare Acquisition today announced a merger agreement with Ocean Biomedical. The deal has an expected combined pro…
East Resources Acquisition to Merge with Abacus Life in $618M Deal
Cash proceeds from the transaction will consist of up to $98 million held in East Resources' trust plus any funds raised via PIPE.