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Press Release
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OceanTech Acquisitions I Deploys Final Extension, Still Working to Close Approved Regentis Deal
OceanTech shareholders in February approved a merger with Regentis Biomaterials, although final redemptions reached 99.9% and there is a $6 million minimum cash condition to close the deal.
May 2, 2024
Aquaron Acquisition’s Merger Partner Provides $20K to Push Deadline Back a Month
Bestpath develops hydrogen fuel cell powered vehicles in China. To date, the target has loaned at least $160,000 to the SPAC to cover extension deposits.
May 2, 2024
CUBEBIO and Mountain Crest V Sign Term Sheet for Potential Merger
CUBEBIO is a Korea-based company with a technology that diagnoses cancer at an early stage. Based on the non-binding term sheet, the pre-transaction equity value of CUBEBIO for the proposed business combination is $620 million
May 2, 2024
Nasdaq Delists Relativity Acquisition for Unpaid Fees
Relativity has a merger agreement with SVES, an off-price apparel distribution company based in Florida.
April 30, 2024
Direct Selling Acquisition Removed From NYSE, Now Trading OTC
The company in January announced a merger agreement with Hunch Technologies and Aeroflow Urban Air Mobility.
April 30, 2024
AltC Acquisition Slates Vote Date on Oklo Deal
AltC was co-founded by Sam Altman and Churchill Capital in July 2021. Altman serves as CEO of AltC and has been chairman of Oklo since 2015.
April 26, 2024
IB Acquisition Announces Automatic Unit Separation
The SPAC closed a $115 million IPO last month, with plans to focus on consumer goods, sports and entertainment, and healthcare technology.
April 26, 2024
Bannix Receives Nasdaq Non-Compliance Notice
Bannix last month announced a $30 million merger agreement with VisionWave Technologies, which would receive 3 million shares of the SPAC’s stock. The target is a provider of cloud business management software.
April 26, 2024
Sagaliam Acquisition Signs Novation Agreement with Enzolytics
Sagaliam in March said its units were delisted from the Nasdaq. There were several reasons for the Nasdaq’s decision, including delinquent SEC filings, falling below the minimum $50 million market cap and the minimum shareholder threshold, as well as issues with the SPAC’s business combination.
April 26, 2024
Roth CH Acquisition Moves to OTCQX
Roth CH voluntarily delisted from the Nasdaq and is changing its struture to trade as a non-SPAC shell company as it continues to pursue a deal.
April 25, 2024