Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Rumble launches new livestreaming lineup and DocGo aims to expand mobile medical services in U.S. and overseas
Rumble Takes On Traditional Media Outlets With New ‘Rumble Exclusives’ Livestreaming Lineup
Rumble, the video sharing platform, announced plans to launch ‘Rumble Exclusives,’ an innovative livestreaming lineup featuring independent creators and a two-way dialogue with their audiences.
In the coming months, the company plans to sign top-tier creative talent to fill a daily lineup of livestreams leveraging the Rumble platform and Rumble’s community-based subscription platform, Locals. The first daily livestream, hosted by Pulitzer Prize-winning journalist Glenn Greenwald, will start later this month. The programs will consist of a livestreamed show on Rumble.com followed by a live two-way dialogue on Locals, between the creator and their subscribing audience on Locals.com.
In December 2021, the company announced the execution of a definitive business combination agreement with CF Acquisition Corp. VI (NASDAQ: CFVI).
READOn the heels of going public, DocGo aims to expand mobile medical services in the U.S. and overseas
DocGo, formerly called Ambulnz, hit the public market Monday after closing its merger with a blank check company. DocGo merged with special purpose acquisition company Motion Acquisition Corp., and the SPAC merger implies an equity value of about $1.1 billion, according to the company’s original announcement of the transaction in March.
The company will have $200 million on its balance sheet “when the smoke settles,” CEO Stan Vashovsky said Monday, to expand its geographic footprint in mobile health services.
Armada I (NASDAQ:AACI) announced this afternoon that it has once again postponed its extension vote. The SPAC initially planned to hold its special meeting on January 20, but postponed it to January 30, and will now be pushing it back until tomorrow, January 31. Armada has also extended the deadline for holders to submit their public...
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...