VIH Stock has gained 17% over the past week – here’s why

VIH stock

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 due to amendments made to the SEC.…

Vector Acquisition (NASDAQ:VACQ) closes in on merger with RocketLab

VACQ merger

On the 1st of March, Vector Acquisition Corp (NASDAQ: VACQ) announced its plans to take Rocket Lab public via a reverse merger. Rocket Lab is an end to end, aerospace manufacturer and small satellite launch service.

To add to its credentials, in the history of spaceflight Rocket Lab is one of only two private companies that has delivered regular and reliable access to orbit, the other company being Elon Musk’s SpaceX.…

Tortoise Acquisition II (NYSE:SNPR) closes in on merger with Volta

SNPR merger

In February, Volta Industries Inc. announced its intentions to merge with Tortoise Acquisition Corp. II (NYSE:SNPR). The proposed merger will see the combined company list on the New York stock Exchange under the ticker symbol VLTA.

The merger has an implied equity value of over $1.4 Billion and is expected to provide the combined company $600 Million in cash proceeds.…

SPAC company KVSB targets social networking company Nextdoor

KVSB merger

Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) recently announced its intentions to merge with hyperlocal social networking service Nextdoor. The merger has a pro-forma equity value of $4.3 Billion, making it one of the larger SPAC mergers announced in 2021. The merger is expected to raise $686 million in gross proceeds which will “support new and existing growth initiatives” for the combined company.…