SpecialPurposeAcquisitionCompany

Crypto Group Circle & Concord Acquisition Agree to Terminate Merger

Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND), a special purpose acquisition company, announced the termination of their proposed business merger. The agreement was originally announced in July 2021 and amended in February 2022. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”CND” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CND” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: …

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Freightos to go Public Amid SPAC Deal

FedEx-backed Freightos, a digital platform for global freight-booking services, is set to go public through a merger with special purpose acquisition company Gesher I Acquisition Corp (NASDAQ: GIAC). The agreement will result in Freightos becoming public under the ticker symbol FROS. Amid the agreement, Freightos has secured USD80 Million in capital commitments as it strives …

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D-Orbit to go Public Amid a SPAC Deal

D-Orbit, an Italy-based space logistics, and transportation company, revealed plans to go public amid a SPAC deal with Breeze Holdings Acquisition Corp., which values the endeavor at USD1.4 Billion. The merger with Breeze Holdings is set to be finalized within the second or third quarter of 2022. Upon the close, D-Orbit is set to be …

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Vivid Seats Announces Acquisition of Betcha Sports

Vivid Seats (NASDAQ: SEAT), an online ticket marketplace, announced Monday that it has acquired sports gaming app Betcha Sports. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”SEAT” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”SEAT” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] The arrangement is potentially worth a maximum of USD65 Million. The company revealed it would be …

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WeWork Goes Public Through SPAC Deal

WeWork (NYSE: WE) shares climbed 12% during midday trading on Thursday, after the company went public through a special purpose acquisition company, just two years after its failed IPO. The company‚Äôs stock rose over 8% upon the news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”WE” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”WE” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: …

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