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OceanTech Acquisitions I Extends Deadline by Another Month as it Works to Close Shareholder-Approved Regentis Deal | SPAC Feed

OceanTech Acquisitions I said $30,000 was deposited into the company's trust to extend its completion deadline until April 2. Shareholders approved the deal last month,...

Aquaron Merger Partner Bestpath Pours Another $70K Into SPAC’s Trust for One More Month on Deadline | SPAC Feed

Aquaron Acquisition said its merger partner Bestpath IoT Technology deposited $70,000 into the SPAC's trust to extend the completion deadline on the deal until...

Lockheed Martin offers to acquire Terran Orbital

WASHINGTON — Lockheed Martin has proposed acquiring smallsat manufacturer Terran Orbital, which it already owns a stake in and does business with, for more...

Securities Class Action Filings 2023 Year in Review: Key Trends in Federal and State Filings | SPAC Feed

In 2023, MDL was the second highest on record while DDL decreased by 46%. The combined number of federal Section 11 and state 1933...

New Energy One Acquisition to Wind-Up, Citing UK Market Conditions | SPAC Feed

New energy One Acquisition announced its intention to wind up operations, highlighting the turbulent UK public equity market conditions as the primary cause. Despite...

2023 Securities Litigation Year in Review | SPAC Feed

During 2023, securities lawsuit filings rose for the first time in four years. Settlements declined last year; there were nine mega-settlements of more than...

Webull ended crypto offerings due to SEC opposition during past IPO attempts

Online brokerage Webull decided to cut its crypto offerings because of the unfavorable regulatory landscape in the US as it waits for approval to...

International Media Acquisition Issues $530K Convertible Note to Sponsor JC Unify Capital  | SPAC Feed

International Media Acquisition in an 8-K said it issued an unsecured convertible promissory note of up to $530,000 to new sponsor JC Unify Capital,...

Pegasus Digital Mobility Earmarks 2.8M+ Class B Shares for Investor Incentives | SPAC Feed

Pegasus Digital Mobility Acquisition in an 8-K said its board approved the use of up to 2,812,500 Class B shares to incentivize investors in non-redemption...

SDCL EDGE Acquisition Deploys First of 4 Extensions to Work on Cunova Deal | SPAC Feed

SDCL EDGE Acquisition in an 8-K said its board approved using the first of four monthly deadline extensions, from March 2 to April 2, as the...

California SPAC Entitled to Advancement of Subpoena-Related Costs Post-Name Change Based on “Potentially Covered” Standard | SPAC Feed

The United States District Court for the Northern District of California, applying California law, has held that two former directors and officers were entitled...

Trump Media’s Impending Merger May Give Ex-President a Financial Lifeline | SPAC Feed

The deal with Digital World Acquisition could provide him with a potential financial lifeline at a time when he must come up with the cash to...

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