Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Joby teams up with ANA to bring flying taxis to Japan, Rigetti partners with Nasdaq to pursue quantum advantage, and Nauticus Robotics announces defense innovation award
Joby Teams Up With ANA to Bring Flying Taxis to Japan
Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc. (NYSE:JOBY) and the country’s biggest airline.
Joby and ANA Holdings Inc. will work together to bring aerial ridesharing to Japan for the first time, according to a statement on Monday. Toyota Motor Corp. will join the partnership and focus on ground-based transport.
READRigetti and Nasdaq Team-Up to Pursue Quantum Advantage for Financial Applications
Rigetti Computing, a pioneer in full-stack quantum computing, today announced a collaborative agreement with Nasdaq (Nasdaq:NDAQ) to pursue the development of quantum applications to help solve high-impact computational problems in the financial industry. The efforts will be powered by Rigetti Quantum Cloud Services, featuring Rigetti’s 80-qubit “Aspen M” series quantum processor – the quantum computing industry’s first commercial multi-chip processor.
On October 6, 2021, Supernova II (NYSE:SNII) entered into a definitive agreement to combine with quantum computing firm Rigetti.
READNauticus Robotics Announces U.S. Defense Innovation Unit Award for Autonomous Subsea Command and Control Software
Nauticus Robotics, Inc., a Houston-area developer of surface and subsea robots, autonomy cloud software, and associated services, has been awarded an Other Transaction Agreement by the U.S. Defense Innovation Unit (DIU) to prototype its autonomous command and control software platform, ToolKITT, aboard the U.S. Navy’s VideoRay Mission Specialist Defender Remote Operated Vehicle. DIU is a Department of Defense organization that contracts with commercial companies to solve national security problems.
On December 16, 2021, Nauticus Robotics and CleanTech Acquisition Corp. (NASDAQ: CLAQ) entered into a definitive business combination agreement that would result in Nauticus Robotics becoming a public company.
READ
Prime Impact I (NYSE:PIAI) has entered into a definitive agreement to combine with auto insurance firm Cheche at an enterprise value of $841 million, or about 2.3x its 2022 revenue. Beijing-based Cheche provides a digital insurance platform for car owners in China with about 34 million vehicles covered. The combined company is expected to trade...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Hambro Perks eyes merger with Biotech Istesso, Rocket Lab launches first vehicle from U.S. soil, and Alliance Entertainment signs licensing agreement with The Walt Disney Company Hambro Perks SPAC Eyes Merger With Biotech...
Pono Capital Corp. (NASDAQ:PONO) disclosed in an 8-K filing this morning that its shareholders approved its combination with air mobility company AERWINS at a special meeting held on Friday, January 27. Holders of 12,412,861 common shares were present at the meeting and the deal was approved with 11,218,712 shares in favor of the transaction. The filing did not...
European Biotech (NASDAQ:EBAC) announced in an 8-K this morning that it has increased its PIPE by $7.8 million and added $7 million to the convertible loans attached to the combination with biotech firm Oculis. The new PIPE cash comes at $10 per share and joins $63.3 million in existing PIPE financing for a total of...
DHC Acquisition Corp (NASDAQ:DHCA) announced that it is formally terminating its combination with conservative banking venture GloriFi. This was essentially a formality because the SPAC already announced in November that GloriFi had begun the process of winding down. The two sides announced their $1.7 billion combination in July. But, even at the time, public details...