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Merger Termination
177 posts
Bannix Acquisition Terminates $85M Evie Autonomous Deal
The SPAC said it called off the deal because EVIE Group had failed to provide a loan to the SPAC as required by the merger agreement.
Edify Acquisition Mutually Terminates Unique Logistics Deal
The deal was announced in December 2022.
Swiftmerge Mutually Terminates HDL Therapeutics Deal
Swiftmerge has a March 15 deadline to complete a deal. The SPAC in the regulatory filing did not say what its next move would be.
Global Systems Dynamics Terminates DarkPulse Deal
This follows news that the the SPAC would be delisted from the Nasdaq.
Jupiter Acquisition Mutually Terminates Merger Agreement with Filament Health
The announcement comes less than a day after Filament cancelled its own shareholder meeting to make material changes to the now-terminated deal.
Athena Technology II Mutually Terminates $300M Air Water Ventures Deal
The SPAC said it intends to identify another target business.
Vision Sensing Acquisition Scraps Newsight Imaging Deal
The $380 million deal was announced in August 2022.
ThinkMarkets-FG Acquisition Merger Collapses
According to the timeline set by the its shareholders during a special meeting held in June, the SPAC has until July 5, 2024 to finalize a deal.
ClimateRock Scraps E.E.W. Eco Energy World Deal
EEW is an independent global developer of utility scale solar photovoltaic projects.
Beard Energy Transition Acquisition and Suntuity Renewables Mutually Agree to Terminate Deal
The deal was announced in May at a pro forma enterprise value of $249 million. About a week later, redemptions on an extension vote claimed about 80% of the $200 million raised in the SPAC's November 2021 IPO.