SPAC News

NEW YORK--(BUSINESS WIRE)--Hadron Energy, Inc. ("Hadron" or the "Company") today announced the signing of a non-binding Memorandum of Understanding ("MOU") with Paragon Energy Solutions, a Mirion Technologies Company ("Paragon"), establishing a framework for collaboration on the design, development, and implementation of the Instrumentation & Control ("I&C") architecture for Hadron's Halo Micro-Modular Reactor ("MMR") program. Under the MOU, Paragon will support the development of the H...

PALO ALTO, Calif.--(BUSINESS WIRE)--GigCapital9 Corp. (NASDAQ: GIXXU) (the “Company”), a Cayman Islands exempted company, announced today that holders of the Company’s public units may elect to separately trade the Class A ordinary shares and rights underlying such public units commencing on March 19, 2026. Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share. Each five rights entitles the holder to receive one Class A ordinary share...

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Abra, a Digital Asset Wealth Management Platform, to Become a Public Company via Business Combination With New Providence Acquisition Corp. III...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--AIR Appoints Gaurav Jain as Vice President, Investor Relations and Corporate Strategy...

MINNEAPOLIS--(BUSINESS WIRE)--X3 Acquisition Corp. Ltd. (Nasdaq: XCBEU) (the “Company”) today announced that, commencing March 13, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Glo...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (NASDAQ: FVAV) (www.fortressvalueac5.com) (the “Company”), today announced that the underwriter, pursuant to the terms of the underwriting agreement, exercised in full its previously announced option to purchase up to 3,750,000 newly issued Class A ordinary shares to cover over-allotments, generating additional gross proceeds of $37,500,000. Following the full exercise of the over-allotment option, the total aggregate issuance by the...

FORT WORTH, Texas--(BUSINESS WIRE)--Presidio Investment Holdings LLC (“Presidio" or the “Company”), an oil and gas operator focused on the acquisition and optimization of producing oil and natural gas wells without drilling, announced today that it has completed its business combination with EQV Ventures Acquisition Corp. (NYSE: FTW) (“EQV”) (the “Transaction”), creating a publicly traded company with a $735 million enterprise valuei, an anticipated dividend yield of 12.2%ii, and a management t...

PARIS & NEW YORK--(BUSINESS WIRE)--Pasqal Holding SAS (“Pasqal”), a global leader in neutral atom quantum computing, and Bleichroeder Acquisition Corp. II (“Bleichroeder”), a SPAC led and backed by Michel Combes and Andrew Gundlach (Nasdaq: BBCQ), announced today that they have entered into a definitive business combination agreement (“BCA”), following the consummation of which the go forward company will operate as Pasqal and is expected to be listed on Nasdaq. The proposed transaction is expe...

NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (Nasdaq: ILLUU) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the full 3,000,000 units subject to the underwriter’s over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $230,000,000. The Company’s units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “ILLUU” on February 27, 2026. Eac...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (the “Company”), a blank check company sponsored by an affiliate of Fortress Investment Group LLC and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 25,000,000 Class A ordinary shares. The offering was priced at $10.00 per share, resulting in gross...