Press Release

The SPAC in October said it signed a non-binding letter of intent with a business combination target, although there have been no further announcements. 

The target is a Texas-based consumer electronics and integrated Internet-of-Things (IoT) solution company. 

Longevity is focused on advancing new technologies across therapeutics, health monitoring and digital health solutions “to increase human health span.” Denali shareholders approved the acquisition five months ago.

Learn CW has a deal pending with Innventure, an enterprise growth engine.

Mountain & Co. I Acquisition has a deal pending with Barça Media, a division of Spanish soccer club FC Barcelona (FCB).

Terms call for the issuance of 60 million shares to the EV maker, as well as up to 20 million earnout shares that would vest in two tranches if certain financial thresholds are reached over the next two years.

In April, American Rare Earths rejected a $400 million acquisition offer for its subsidiary, Wyoming Rare (USA) from Papaya Growth. 

The deal consideration has been tweaked several times and now stands at $50 million in stock, up from the $45 million when adjusted last August, though still down by a third from the $75 million cited at deal announcement in March 2023.

The SPAC originally raised $172.5 million in a February 2022 IPO to focus on high technology growth companies in northern Europe. It has yet to announce a deal.

The SPAC continues working to finalize a merger with AglieAlgo, a company that, through its Singapore-based subsidiary, AgileAlgo Pte Ltd., is a maker of enterprise-grade natural language code generator for machine-learning and data management platforms.