The Latest SPAC News and Rumors: January 3, 2023
by Marlena Haddad on 2023-01-03 at 11:52am

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Royalty Management expands investment in Ferrox Holdings to over 10% equity ownership and ZyVersa Therapeutics adds two leading nephrologists to its Renal Scientific Advisory Board


American Acquisition Opportunity’s Target, Royalty Management, Expands Investment in Ferrox Holdings to Over 10% Equity Ownership

American Acquisition Opportunity Inc.’s (NASDAQ:AMAO) merger target company, Royalty Management Corporation (RMC), a sustainably driven, cash flow-oriented, royalty investment and development company, announced today that it has expanded its stake in one of its portfolio holdings, Ferrox Holdings Ltd. (“Ferrox”) through a common stock issuance; issuing stock in Royalty Management Corporation for approximately 10% of Ferrox. The common stock issued by Royalty Management Corporation for its investment in Ferrox is valued at $10.00 per share equivalent of American Acquisition Opportunity’s stock post the pending merger.

READ

ZyVersa Therapeutics Adds Two Esteemed Leaders in Nephrology to Its Renal Scientific Advisory Board to Support Clinical Advancement of Lead Renal Drug Candidate, VAR 200

ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA), a clinical stage specialty biopharmaceutical company developing first-in-class drugs for treatment of renal and inflammatory diseases, announces that two leading nephrologists, Daniel Cattran and Fernando Fervenza, have joined ZyVersa’s Renal Scientific Advisory Board.

READ

 

Recent Posts
by Kristi Marvin on 2024-11-09 at 10:00am

Terms Tracker for the Week Ending November 8, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week saw three more SPACs price IPOs along with a slight improvement in IPO trading performance. More importantly, the Presidential election was won decisively,...

by Nicholas Alan Clayton on 2024-11-08 at 3:16pm

With a few days passed for the dust to settle on the re-election of President Donald Trump, the market still appears to be sorting out what to expect from the future administration. While SPACs are of course impacted by all general market shifts, there are some key changes that could impact SPACs and their transactions...

by Nicholas Alan Clayton on 2024-11-08 at 9:29am

A SPAC III Acquisition Corp. (NASDAQ:ASPCU) announced the pricing of its $55 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ASPCU”, Friday, November 8, 2024. The new SPAC intends to seek out a target company with strong ESG principals in the material technology sector with potential for...

by Nicholas Alan Clayton on 2024-11-08 at 8:29am

At the SPAC of Dawn Despite all of the worries and volatility, election week comes to an end today with de-SPACs up nearly across the board. Companies that closed SPAC transactions since 2021 are up a median +6% since their close on the eve of Tuesday’s elections and the cohort trading above $10 have seen...

by Nicholas Alan Clayton on 2024-11-08 at 8:05am

Willow Lane Acquisition Corp. (NASDAQ:WLACU) announced the pricing of its $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WLACU”, Friday, November 8, 2024. The new SPAC intends to conduct a broad search to find an established middle market company valued at about $1 billion or less....

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved