Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Neuberger Berman raises $1.95B to co-sponsor SPACs, Eve signs LOI with Global Crossing Airlines, and Rubicon enters into three year partnership with city of Houston
Neuberger Berman Raises $1.95 Billion to Co-Sponsor SPACs
Asset manager Neuberger Berman has collected $1.95 billion for a debut fund to sponsor SPACs alongside CC Capital Partners, a private investment firm formed and led by ex- Blackstone Inc. dealmaker Chinh Chu.
An affiliate of Koch Industries anchors the vehicle, called Neuberger Berman Opportunistic Capital Solutions Fund, a spokesman for the company confirmed. The fund had an initial target of $1.5 billion, regulatory filing shows.READ
Eve and Global Crossing Airlines Sign Letter of Intent for up to 200 eVTOL Aircraft and Enable Future Collaboration for UAM
Eve UAM, LLC, an Embraer S.A. (NYSE: ERJ) company, and Global Crossing Airlines Group, Inc. have signed a Letter of Intent to order up to 200 of Eve’s electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve’s current order backlog of up to 1,785 eVTOLs. The company expects to start the deliveries in 2026.
Eve and Zanite Acquisition Corp. (NASDAQ:ZNTE) announced their $2.4 billion deal just a few months ago on December 21.READ
Rubicon Enters Into Three Year Smart City Partnership with the City of Houston
Rubicon Technologies, LLC, a digital marketplace for waste and recycling and provider of innovative software-based solutions for businesses and governments worldwide, today announced that it has entered into a three year smart city partnership with the City of Houston, Texas to help improve residential waste and recycling services for its more than 2.3 million residents.
Founder SPAC (NASDAQ:FOUN) entered into a definitive agreement to combine with digital waste pickup marketplace Rubicon in December.READ
Gogoro Introduces New SSmartcore Technology Platform for Two-Wheel Vehicles; Integrates LTE, Over-the-Air Updates and More
Gogoro® Inc., a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a new SSmartcore technology platform is being introduced today on the new Gogoro SuperSport. This new technology will also be available to its Powered By Gogoro Network vehicles partners with future Gogoro Development Kits later this year.
Poema Global (NASDAQ:PPGH) entered into a definitive agreement to combine with electric vehicle (EV) battery re-charger Gogoro in September last year.READ
Forest Road II (NYSE:FRXB) and 10X Capital Venture III (NYSE:VCXB) both announced this afternoon that they have mutually terminated their business combinations. Forest Road II intended to combine with transportation technology developer HyperloopTT, but the parties decided to nix the deal due to timing constraints along with unfavorable market conditions. Tom Staggs and Kevin Mayer, Co-CEOs and...
Intelligent Medicine Acquisition Corp. (NASDAQ:IQMD) and AMCI Acquisition Corp. II (Nasdaq: AMCI) announced this afternoon that they have adjourned their special meetings with shareholders. Intelligent Medicine originally scheduled its meeting to be held today, but is now postponing its vote until Wednesday, February 8. Stockholders may elect to redeem their shares by no later than...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Comcast dumps 18.5% of its BuzzFeed stock Comcast Dumps 6 Million Shares of Buzzfeed After Media Company Finally Gets a Bump Comcast dumped 18.5% of its BuzzFeed (NASDAQ:BZFD) stock in recent days, reducing its...
Viveon Health (NYSE:VHAQ) announced this morning that it is unilaterally terminating its combination with Suneva Medical “based upon material breaches” of the merger agreement. The SPAC did not elaborate further on its claims against Suneva, but noted it will continue on and seek a new business combination. Just last week, Viveon Health was working to...
FAST II (NYSE:FZT) announced this morning that it has amended its combination with resort operator Falcon’s Beyond, shifting more value from both sides into earn-outs. The deal’s $1 billion enterprise value technically remains, but Falcon’s Beyond shareholders will receive less equity at close. The valuation is now made up of a $620 million enterprise value...