Page 2 - Purpose Acquisition News Today

SPAC StoneBridge (APAC) plans to merge with Indonesian fintech DigiAsia through a deal that estimates the pre-money equity value of the combined company at $500M. Read more here.

SPAC M3-Brigade Acquisition III Corp. (MBSC) plans to merge with Canadian oil sands producer Greenfire Resources through a deal that pegs Greenfire's enterprise value at $950M.

“Some people resign and return to their hometowns, while others rush to the examination field overnight”. This proverb from a 300-year-old Chinese poem perfectly illustrates the phenomenon of the Hong Kong stock market during the past few years.

Grindr is grossly overvalued due to the small float and SPAC dilution. Find out why I am avoiding GRND stock and rate it a sell.

SPAC Goal Acquisitions (PUCK) plans to merge with French fintech provider Digital Virgo in a deal that estimates the enterprise value of the combined company at $513M.

8i Acquisition 2 Corp. (LAX) shareholders have approved the SPAC's planned merger with Singapore-based digital health provider EUDA Health (EUDA).

Oil and gas company Sable Offshore Corp. plans to go public through a merger with SPAC Flame Acquisition Corp. Read more here.

Chinese EV maker Chijet plans to go public through a merger with SPAC Jupiter Wellness Acquisition Corp that values Chijet at around $1.6B, subject to revisions.

Malaysian fintech SuperApps Holdings intends to go public through a merger with SPAC Technology and Telecommunications Acquisition Corp, with the combined company valued at $1.1B.

SPAC GX Acquisition Corp. II (GXII) plans to merge with minerals miner NioCorp Developments (NIOBF) through a deal that values the combined company at an enterprise value of $314M.