Merger Termination

The decision was mutual, according to a regulatory filing.

OceanTech I separately announced its sponsor has deposited $120,000 into trust for the third of six approved monthly extensions.

10X III filed suit against Sparks last month after the target claimed the merger agreement was not valid and binding.

Forest Road II is facing a March 23 completion date.

Viveon last week adjourned its shareholders meeting until today for a vote on the deal.

Announcement of the deal termination was merely a formality, as GloriFi, a neobank that billed itself as a bank for the “anti-woke,” announced in November that it would shut down just two months after its launch.

FoxWayne had also terminated an agreement with Aerami Therapeutics in March 2022.

The $350 million deal with PlayUp, a global online betting operator, was announced less than four months ago.

DTRT's sponsor resolved to make no further contributions to the SPAC's trust for deadline extensions. Without those deposits, DTRT said in the filing it is thus obligated to liquidate and redeem shares as soon as practicable.

Far Peak said it does not intend to seek a new merger partner and will instead focus on winding up either on March 7, 2023, or sooner.