Legato Merger Corp. III (NYSE: LEGT) announced the pricing of its $175 million IPO this evening. Its units are expected to begin trading on the NYSE American under the symbol “LEGT U” on Tuesday, February 6, 2024. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected...
Semper Paratus (Nasdaq: LGST) announced this morning that its shareholders approved its combination with Tevogen Bio during a special meeting yesterday January 31. In connection with the vote, shareholders holding 1,432,457 shares out of a possible 1,502,180 Semper Paratus ordinary shares opted to redeem their shares. While the final amount of the funds to be...
Deep Medicine (NASDAQ:DMAQ) has closed its combination with golf simulator company TruGolf and will begin trading on The Nasdaq under the new ticker symbol “TRUG” on February 1. The deal and all other proposals were previously approved by shareholders at a special meeting held on January 19. In connection with the vote, shareholders of 378,744...
SEP Acquisition Corp. (NASDAQ:SEPA) announced this afternoon that its shareholders approved its combination with wound care firm SANUWAVE (OTC:SNWV) during a special meeting on January 29. At the meeting, holders of 5,146,501 shares of SEPA’s common stock were present, representing 89.46% of the company’s common stock outstanding. The deal was overwhelmingly approved as holders of 5,137,623...
Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS) announced this afternoon that it has made a handful of changes to its combination with equipment manufacturer Schmid. As part of these changes, the SPAC entered into an amendment of the shareholders’ undertaking agreement with Anette Schmid and Christian Schmid. The parties have agreed to extend the completion deadline...
Newcourt (NASDAQ:NCAC) has closed its combination with psychedelic medicine company Psyence (CSE:PSYG) and will begin trading on The Nasdaq under the new ticker symbol ticker symbol “PBM” on January 26. Shareholders previously approved the combination during a special meeting held on January 18. In connection with last week’s vote, shareholders opted to redeem 929,727 shares at a redemption...
Deep Medicine (NASDAQ:DMAQ) announced this afternoon that its shareholders approved its combination with golf simulator company TruGolf during a special meeting on January 19. At the meeting, holders of 3,952,979 shares of DMAQ’s Class A common stock were present, constituting a quorum. The deal was overwhelmingly approved as holders of 3,933,438 shares voted in favor...
ESGEN Acquisition Corp. (NASDAQ:ESAC) announced this morning that it has amended its combination with residential solar company Sunergy, shrinking its valuation while adding committed funding. Under the revised terms of the transaction, ESGEN’s sponsor has committed to buying $15 million in convertible preferred equity securities. Of this amount, $10 million will be provided at the close...
Over the last few years, a discernible trend has emerged as a select group of SPACs have set their focus on combining with conservative and “patriotic” targets, which have generated retail traction like few other sectors since early in the last SPAC cycle. As we head further into the current election year, we are already...
Helix Acquisition Corp. II (NASDAQ:HLXB) filed for a $100 million IPO yesterday afternoon and has set its sights on the biotechnology sector. As the second SPAC to file this year, Helix II is putting a vote of confidence towards biotech, reinforced by the fact that the US spends $4.5 trillion on health expenses annually, and...