SatNews

SPACs

Satixfy To Merge With Endurance Acquisition Corporation

SatixFy Communications Ltd. (“SatixFy”) and Endurance Acquisition Corp. (“Endurance”) (NASDAQ: EDNC), a publicly traded special purpose acquisition company (SPAC) formed by an affiliate of Antarctica Capital, an international private equity firm with $2 billion of assets under management, have announced a definitive merger agreement that will result in SatixFy becoming a publicly listed company. SatixFy […]

Momentus Legal Appeal

Law360 (February 15, 2022, 6:25 PM EST) — Special purpose acquisition company Stable Road Acquisition Corp. and commercial space business Momentus Inc. have asked a California federal court to let them out of a proposed investor class action, arguing the shareholders didn’t properly back up their claims about purported company misstatements. The companies said in […]

Tomorrow.io Enters Merger Agreement With SPAC Firm Pine Technology Acquisition Corp.

The Tomorrow Companies Inc. (“Tomorrow.io”) and SPAC company Pine Technology Acquisition Corp. (Nasdaq: PTOC, PTOCW, PTOCU) have announced they have entered into a definitive merger agreement that would result in Tomorrow.io becoming a public company. Upon closing of the business combination, the newly combined company will operate as Tomorrow.io and trade on Nasdaq under the […]

Terran Orbital Enters A SPAC Business Combo Agreement With Tailwind Two Acquisition Corp.

Tailwind Two Acquisition Corp. (NYSE:TWNT) (“Tailwind Two”), a special purpose acquisition company (SPAC), and Terran Orbital Corporation, a developer, innovator and operator of smallsats and Earth Observations (EO) solutions, have jointly announced they have entered into a definitive business combination agreement. Upon the closing of the transaction, the combined company (the “Company”) will operate as […]

Definitive Merger Agreement Entered Into By Virgin Orbit + NextGen Acquisition Corp.

Virgin Orbit, through its parent company Vieco USA, Inc. (“Virgin Orbit” or the “Company”) and NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA), a special purpose acquisition company (SPAC), have announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which Virgin Orbit will become a publicly-traded company. Upon closing, the transaction is […]

Vector Acquisition Corp.’s Rocket Lab Merger Is Approved By The Firm’s Shareholders

Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”), a publicly traded special purpose acquisition company (SPAC) backed by leading technology investor Vector Capital, has announced that Vector’s shareholders voted to approve the company’s proposed merger with Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) at the firm’s annual, general meeting of shareholders that was held on […]

Planet Is SPAC’d

Planet Labs Inc. (“Planet”) has entered into a definitive merger agreement with dMY Technology Group, under which Planet will become a publicly-traded company. Upon closing, the combined company will retain the Planet name and be listed on the NYSE under the ticker symbol “PL.” The transaction values Planet at a post-transaction equity value of approximately […]

UPDATE: Astra Will Acquire Apollo Fusion

According to Astra‘s Chief Engineer, Mr. Benjamin Lyon, the company is definitely acquiring Apollo Fusion. In a statement on the firm’s infosite, he noted the following… “This acquisition enables Astra to efficiently deliver and operate throughout our solar system, and brings incredible technology and talent into our team. “So, what is this all really about? […]

Arqit + Their Quantum Encryption Technology Is SPAC’d By Centricus Acquisition Corp.

Arqit Limited (“Arqit”) and Centricus Acquisition Corp. (Nasdaq: CENH, CENHW, CENHU) (“Centricus”) have entered into a definitive agreement that would result in Arqit becoming a publicly listed company. Upon closing of the transaction, a newly formed Cayman holding company, Arqit Quantum Inc., will merge with Centricus, acquire Arqit and register its shares for listing on […]