The Latest Breaking News from SPAC

Revelations from the Trump SPAC’s new proxy statement

The social media network might need to undergo a rebrand and Dinesh D’Souza is one of its most popular users.

Fortune · May 17, 2022

Trump SPAC Deal Finally Files A Proxy: 10 Key Details We Now Know

Seven months after announcing a SPAC merger, a social media company owned by former President Donald Trump has filed its proxy. Here are the key details from the more than 250 pages contained in the proxy filing.

Benzinga · May 16, 2022

Why OTR Acquisition Shares Are Soaring Today

Shares of a SPAC are trading significantly higher Friday after a large portion were redeemed as part of the SPAC process.

Benzinga · May 13, 2022

EV Maker's Stock Tanks Amid 'Going Concern' Warning, Lawsuit Against China-Linked Shareholder

Canoo, Inc.

Benzinga · May 11, 2022

Morning Brief: Top Financial Stories Dominating on Tuesday, May 10

Reuters US Trucking Downturn Threatens Autonomous Operators like Uber Freight

Benzinga · May 10, 2022

Gay dating app Grindr to float in $2.1bn deal

Company, which has 10.8 million monthly active users, aims to hire LGBTQ+ chief executive

The Guardian - UK · May 10, 2022

Gay dating app Grindr to go public in $2.1bn Spac deal

Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion (72 billion baht) and features Tiga Investments CEO Raymond Zage on both sides of the transaction.

Bangkok Post · May 10, 2022

LGBTQ Social Media Platform And Dating App Grindr Lands SPAC Deal: What Investors Should Know

A leading social media platform and dating company with a target demographic announced a SPAC deal after market close Monday.

Benzinga · May 9, 2022

CH-Auto Challenges Li Auto, Nio, Xpeng with U.S. SPAC Listing

Key takeaways:

Benzinga · May 9, 2022

Merger Arbitrage Mondays - Black Knight (BKI) To Be Acquired By Intercontinental Exchange (ICE)

Merger activity decreased last week with three new deals announced and four deals completed. Two of the three deals announced were potential deals in the works. We saw yet another SPAC business combination fall apart. Black Knight (NYSE: BKI)

Benzinga · May 9, 2022