On December 2, Rumble, a Canadian online video platform plans to go public via a SPAC merger with CF Acquisition Corp VI (NASDAQ:CFVI). CFVI stock jumped on the announcement closing 8% higher last Thursday. The proposed transaction values the Rumble & CFVI merger at $2.1 Billion and is expected to close in the second quarter of …
CFVI Merger: What investors need to know about the Rumble merger Read More »
Gores Guggenheim’s EV merger target, Polestar, delivered on its 2021 sales goal selling over 29,000 Electric Vehicles. The Swedish EV manufacturer has driven investor interest as the company offers EV sales exposure in Europe. Polestar is vastly expanding, with a global presence in 19 markets in 2021, with particular growth in Europe and Asia Pacific. …
Polestar Delivers on Sales Target for 2021 ahead of Gores Guggenheim merger Read More »
Earlier this month, Rumble announced its plans to go public as the company looks to expand its video hosting platform. Rumble will go public via a merger with Cantor Fitzgerald’s SPAC CFVI. The timing of the merger follows the growing interest in Trump SPAC DWAC. DWAC plan to take Trump Media’s Truth Social Public. Both CFVI …
CFVI Stock: The Link Between Rumble and Trump Media Read More »
Social Capital Hedosophia Holdings Corp VI (NYSE:IPOF) is the sixth instalment of Chamath Palihapitiya’s owned SPAC ventures. Earlier this year, rumours broke that IPOF was in talks with luxury fitness brand Equinox Holdings regarding a merger opportunity, cited from a Bloomberg report. However, in July Bloomberg reported that the talks between both companies had failed …
IPOF Merger: The latest news on the IPOF SPAC Merger Read More »
On October 22, Trump media announced their plans to go public in a $875 Million reverse merger with Digital World Acquisition Corp (NASDAQ: DWAC). Trump Media (TMTG) plans to launch a social media platform that aims to tackle the biggest names in the silicon valley. The social media network will be called “Truth Social” which …
DWAC Merger: The highly speculated SPAC merger with Trump Media Read More »
On September 27, Electric Vehicle manufacturer Polestar announced its plans to go public via a merger with SPAC company Gores Guggenheim (NASDAQ:GGPI). Rumours regarding the $20 Billion merger initially broke in July however both companies have now confirmed investors speculations. The GGPI merger will provide $1.05 Billion in proceeds to fund the Swedish businesses expansion …
GGPI Stock: Why the GGPI merger with Polestar is a big deal Read More »
Gores Guggenheim Inc (NASDAQ:GGPI) is gaining momentum this week as the wider EV market recovers some of its losses suffered earlier this year. Even the EV giant Tesla(NASDAQ:TSLA) is seeing abnormal growth in its share price, indicating a shift in bullish sentiment. On September 27, Electric Vehicle manufacturer Polestar announced its plans to go public via a …
Polestar Stock: Why investors are excited about the Polestar merger Read More »
VPC Impact Acquisition Holdings (NYSE:VIH) is a Special Purpose Acquisition Company planning to take cryptocurrency exchange platform Bakkt public via a reverse merger. The merger was first announced in January this year and boasted an enterprise value of $2.1 Billion. The merger was expected to close out in the second quarter, however this has been delayed …
VIH Stock has gained 17% over the past week – here’s why Read More »
The rumoured SPAC merger between NextGen Acquisition II (NASDAQ:NGCA) and Richard Bransons Virgin Orbit has come to fruition in a $3.2 Billion deal. Virgin Orbit announced this morning that they have entered into a definitive agreement to become a publicly traded company through a business combination with NextGen Acquisition Corp. II (NASDAQ: NGCA). The proposed merger …
Here’s 3 things to take away from the Virgin Orbit merger news Read More »
Soaring Eagle Acquisition Corp. (NASDAQ:SRNG) is set to merge with bio tech company Ginkgo Bioworks in a $15 Billion deal. The mammoth deal is expected to provide the biotech company $2.5 Billion in primary cash proceeds to fund future growth within multiple industries. Ginkgo Bioworks program living cells to utilise their potential across a vast …
SRNG is set to merge with Ginkgo Bioworks – here’s what you need to know Read More »