Merger & Acquisition News

DELRAY BEACH, Fla. & TROY, Mich.--(BUSINESS WIRE)--Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum” or the “Company”) and Electric Last Mile, Inc. (“ELMS”) today announced that Forum’s stockholders have approved all proposals related to the companies’ previously announced business combination. At a special meeting of Forum’s stockholders held today, approximately 99% of the votes cast, representing approximately 67% of Forum’s outstanding shares as of the record date for the m...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Announces Effectiveness of Registration Statement for the Business Combination of FF and Property Solutions Acquisition Corp....

NEW YORK--(BUSINESS WIRE)--Property Solutions Acquisition Corp. (“PSAC”) (Nasdaq:PSAC) announced today that the U.S. Securities and Exchange Commission (the “SEC”) has declared effective its Registration Statement on Form S-4 (as amended, the “Registration Statement”), filed in connection with the previously announced proposed business combination with FF Intelligent Mobility Global Holdings Ltd., the parent company of Faraday Future (“FF”). A special meeting of PSAC stockholders to approve, am...

NEW YORK & SANTA MONICA, Calif.--(BUSINESS WIRE)--Forest Road Acquisition Corp. (NYSE:FRX) (“Forest Road”) today announced that its stockholders have voted to approve the proposed three-way business combination (the “Business Combination”) with The Beachbody Company Group, LLC (“Beachbody”) and Myx Fitness Holdings, LLC (“Myx”) at its special meeting of stockholders (the “Special Meeting”) held today, June 24, 2021. The Business Combination is expected to close on June 25, 2021. Holders of appr...

NEW YORK--(BUSINESS WIRE)--Perella Weinberg Partners (“PWP”), a leading global independent advisory firm, and FinTech Acquisition Corp. IV (NASDAQ: FTIV) (“FinTech IV”), a special purpose acquisition company, announced today that they have completed their previously announced business combination (the “Business Combination”). The Business Combination was approved at a special meeting of stockholders of FinTech IV on June 22, 2021, and closed today, June 24, 2021. The combined company now operat...

PARIS--(BUSINESS WIRE)--Regulatory News: Sopra Steria (Euronext Paris: SOP), a European leader in digital transformation, today announced its plans to acquire Labs, a Norway-based consultancy specialising in digital user experience. Labs is based in Bergen, Norway’s second-largest city. It employs around fifty consultants specialised in digital services to help transform the customer experience. This acquisition bolsters Sopra Steria’s consulting activities in Norway in highly promising digital...

KANSAS CITY, Kan.--(BUSINESS WIRE)--Archer Education, an education technology company dedicated to personalizing student recruitment, has acquired Circa Interactive and view.DO....

PARIS--(BUSINESS WIRE)--Regulatory News: Air Liquide (Paris:AI) has finalized the acquisition of Sasol’s 16 Air Separation Units (ASU) located in Secunda, South Africa announced on July 29, 2020. Air Liquide will operate this site - the biggest oxygen production site in the world - with a plan to reduce its CO2 emissions by 30% to 40% within the next ten years. As part of this operation, Air Liquide welcomes the more than 220 employees who will continue to operate these ASUs, joining the Air Li...

TORONTO--(BUSINESS WIRE)--WhereiPark, a technology solutions provider that empowers property owners to create new revenue sources through unused parking spaces, has acquired San Francisco-based MonkeyParking, which allows property owners to monetize unused spaces by making them available through its app. Under terms of the deal, all MonkeyParking assets are now part of the WhereiPark network and will be rebranded in the coming months. "MonkeyParking is a pioneer in the integration of technology...

PRINCETON, N.J.--(BUSINESS WIRE)--CitiusTech, a leading provider of healthcare technology services, solutions and platforms, announced today that it has made a strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations. SDLC focuses on three key areas of payer technology needs – technology transformation, consulting and automation solutions. With a team of more than 350 healthcare technology professionals, SDLC has speci...