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Reinvent Technology Partners Y Shareholders Approve Aurora Deal
Redemptions wiped out about 77% of the SPAC's cash in trust.
Black Rifle Coffee Combining with SilverBox Engaged Merger I in $1.7B Deal
Both companies said in a news release that closing is a certainty due to a unique backstop arrangement.
Trump SPAC Deal May Have Skirted SEC Securities Laws: Report
The alleged violation concerns the prohibition against blank-check firms listing their shares with a merger target already planned.
Tailwind Two Acquisition Merging with Terran Orbital in $1.58B Deal
The deal is expected to pump about $400 million into Terran Orbital, with additional debt commitments available.
FaZe Clan Combining with B. Riley Principal 150 Merger in $1B Deal
Estimated gross transaction proceeds total $291 million, including $173 million in cash the SPAC's cash in trust (assuming no redemptions), and $118 million from a committed PIPE.
Trump Says He’ll Launch Social Media Platform Via SPAC Deal; Details Scant
The transaction values Trump Media & Technology Group at an initial enterprise value of $875 million, according to a news release, with a potential additional earnout of $825 million in additional shares depending on the performance of the stock price post-business combination.
Stockholders of 5 Million GS Acquisition II Shares Reverse Their Redemption Decision
The news is all the more remarkable at a time when more and more SPACs see their deals nearly crippled by massive shareholder redemptions ahead of merger votes.
BowX Acquisition Stockholders Approve WeWork Deal
The business combination with BowX is expected to provide WeWork with the previously announced gross cash proceeds of approximately $1.3 billion.
Philippines Gaming Resort Operator Okada Manila to Merge with 26 Capital Acquisition in $2.6B Deal
The deal is expected to provide the company with up to $275 million in cash from the SPAC's trust.
Tempo Automation Merging with ACE Convergence Acquisition in $919M Deal
The transaction is expected to provide $391 million in gross cash proceeds to the company from four separate sources.