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📌🤝 $AVAC DA w/ The Beneficient Company Group
- BCG is a platform providing liquidity, data, custody and trust services to holders of alternative assets.
💸Enterprise valuation of $3.5 billion
https://t.co/x5ynMfXknZ
⚠️ $IPOD - $IPOF Liquidation
"Today, we started the process of winding down $IPOD and $IPOF. This means that the funds raised by $IPOD and $IPOF will be returned to their respective shareholders." @chamath
https://t.co/Mrg5j0yQMP
@biotech44 Common trend among SPACs is usually having high redemption rates, meaning the shareholders are willing to redeem their shares before the merger becomes effective. Low redemption can be read as shareholders being more confident about the price action after the merger.
🏁 $CFVI - Rumble
CF Acquisition Corp. VI Announces Stockholder Approval of the Proposed Combination with Rumble Inc.
- Only 0.1% of the 30 million $CFVI public shares are being redeemed.
$CFVI 🔜 $RUM 🗓️Monday, September 19
https://t.co/qpoMWd2P0J
⚠️ $ARQQ
Lock-up agreements that were extended in May 2022 by shareholders holding 105,886,259 shares expire on 🗓️September 3, 2022.
61,320,605 shares are subject to black out period restrictions cannot be traded until after the release of Q3 results.
🚨 📰 $GSAQ Press Release
Global Synergy Acquisition Corp. will redeem its Public Shares and will not consummate an initial business combination
7/12/2022 9:00:35 PM
https://t.co/Iy8T3S3vpq
$PSTH liquidation ☠️
Pershing Square Tontine Holdings, Ltd. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
https://t.co/fRmHYEj4Pm
$DNAC - ProKidney
Social Capital Suvretta Holdings Corp. III Announces Reconvened Extraordinary General Meeting of Shareholders
🗓️"the transactions contemplated thereby (the “Business Combination”) on July 11, 2022"
https://t.co/Qv4QeKm1Vi
📰 $GLSPT
Global SPAC Partners Announces Mailing of a Definitive Merger Proxy Statement for a Shareholder Meeting on July 13, 2022
https://t.co/YyTxsnBDum
https://t.co/EkyGWKd2Iv
2022-07-07 23:30:00
$KWAC DA w/ Wentworth Management Services, a broker-dealer aggregator
💵pro forma equity value of the combined company is expected to be approximately $165 million
https://t.co/4TS1DigZ0M
$HPX DA w/ Ambipar Response, a Brazilian Environmental and Industrial Solutions Provider
💵pro-forma enterprise value of approximately $581 million
$HPX 🔜 $AMBI
https://t.co/GAK6vCKGkV
Cash position of the EV companies that went public via #SPAC:
$LCID $5.39B
$PSNY $1.55B
$FSR $1.04B
$ARVL €735M
$PTRA $598M
$HYZN $407M
$NKLA $377M
$HYLN $361M
$XL $333M
$FFIE $276M