SPC News and Press, CrossingBridge Pre-Merger SPAC ETF From 03/29/23

(NewsDirect) SPC Nickel CEO Grant Mourre joined Steve Darling from Proactive to share news the company has announced it has entered into an agreement to acquire a 100% interest in the McGregor Lake and Speers Lake properties located in Nunavut. Mourre tells Proactive this will consolidate...

(NewsDirect) SPC Nickel CEO Grant Mourre joined Steve Darling from Proactive to share news the company has announced the start of a Phase 1 drill infill program at the recently consolidated West Graham-Crean Hill 3 project. Mourre told Proactive the first phase of the 25,000-metre total p...

Special purpose acquisition vehicles were relatively unused until the firehose of pandemic liquidity spurred Wall Street capital markets teams into action, forming hundreds of companies to raise billions of dollars of equity in these so-called blank-check offerings. There are still ov...

SPAC issuance has been reduced to a trickle for most of 2022, but now even that is drying up. July is expected to be the first month with no blank check IPOs in over five years. In the last two years, the SPAC market has gone from boom to bust. The pace of new SPAC IPO filings has...

Pershing Square Tontine Holdings is returning $20.05 per share to common shareholders. Shareholders may also receive 1/2 SPAR at a later date. Warrant holders receive no cash but are supposed to receive 1 SPAR at a later date. At current prices, PSTH appears attractive but the...

Archimedes Tech SPAC Partners recently completed its merger with SoundHound AI at a $2 billion valuation. SoundHound provides intelligent voice assistant technologies to businesses worldwide. SOUN expects to grow revenue in 2022, but the stock is priced for perfection. I'm on ...

Aetherium Acquisition Corp. raised $115 million in a recent U.S. IPO. The SPAC seeks to merge with a target in the Education or EdTech sector focused on the Asia Pacific region, ex-China. While GMFI's management has relevant industry expertise, they don't have a SPAC track record....

Chenghe Acquisition Co. raised $115 million in gross proceeds in a recent U.S. IPO. The SPAC seeks to merge with a fintech company in the Asia Pacific region, ex-China. CHEA's management team has solid industry expertise but no prior successful SPAC track record, so I'm on Hold fo...

SPAC Spring Valley Acquisition recently completed its merger with NuScale Power. NuScale is developing small modular reactors for nuclear baseload power generation. SMR has future growth prospects, but slow regulatory activity by prospective customers may delay its trajectory. ...

Crescera Capital Acquisition Corp. went public recently, raising around $201 million in an IPO. The SPAC is headed by Brazilian private equity investors and will focus on undisclosed Latin American industry sectors to find a merger partner. Given the team's lack of previous succes...