Browsing Category
Merger Termination
45 posts
Goldenbridge Acquisition and AgiiPlus Mutually Terminate $578M Deal
No reason was given for the breakup.
Accelus and CHP Merger Terminate Business Combination Agreement; SPAC to Liquidate
CHP said it would liquidate and return shareholders' money.
SolarMax Walks Away from Alberton Acquisition Deal
Over the last year Alberton has received at least two shareholder and two Nasdaq deadline extensions to close the transaction, which was originally announced in October 2020.
MDH Acquisition and Olive Ventures Abandon $960M Deal
MDH Acquisition Executive Chairman Franklin McLarty said the SPAC would press on in pursuit of another target.
Highland Transcend Partners I Terminates $1.55B Packable Deal
Unfavorable market conditions were cited as the cause of the breakup.
EO Charging and First Reserve Sustainable Growth Abandon Merger Plans
The prospect of completing the deal seemed in doubt after last Friday's deadline expired without either side making a statement.
Startup Knock Scraps Plan to Go Public via SPAC, Lays Off Dozens
Homebuying startup Knock is scrapping plans to go public and laying off nearly half its staff after a tumultuous year for property technology companies.
VPC Impact II and Kredivo Call Off $2.5B Deal
Announced last August, the deal was expected to put over $430 million of cash on the combined company’s balance sheet.
Rosecliff Acquisition Scraps $1B Gett Deal
Gett in the news release also said it will withdraw from the Russian transportation and delivery market permanently.
MedTech Acquisition Terminates Deal with Memic Innovative Surgery
The SPAC adjourned yesterday's shareholder meeting without voting on the deal and planned to reconvene this morning. Today's meeting was cancelled in the wake of the deal termination.