SPAC News

ELMORE CITY, Okla.--(BUSINESS WIRE)--Old Glory Bank, serving customers in all 50 states with its pro-America online banking platform, and Digital Asset Acquisition Corporation (Nasdaq: DAAQ) (“DAAQ”), a special purpose acquisition company, today announced that DAAQ and Old Glory Bank’s Bank Holding Company have entered into a definitive business combination agreement to create OGB Financial Company, a Texas corporation to be listed on Nasdaq under the reserved ticker symbol “OGB.” The closing o...

SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Plus Automation, Inc. (“PlusAI”), a leader in AI software for autonomous trucks, today announced that its registration statement on Form S-4 (the "Registration Statement") filed with Securities and Exchange Commission (the "SEC") in connection with the proposed merger between PlusAI and Churchill Capital Corp IX (Nasdaq: CCIX), was declared effective by the SEC on January 12, 2026. This represents an important step in the process toward completio...

SANTA CLARA, Calif. & TURIN, Italy--(BUSINESS WIRE)--PlusAI, a leader in AI software for autonomous trucks, announced an expansion of its long-standing partnership with IVECO, the commercial vehicle brand of Iveco Group N.V. (EXM: IVG). Together, the companies will launch the first deployment of heavy-duty trucks equipped with Level 4 Autonomous Driving Systems (ADS) in Southern Europe, in collaboration with Spanish logistics operator Sesé and the Government of Aragon. This announcement comes o...

NEW YORK--(BUSINESS WIRE)--Hadron Energy, Inc. (“Hadron” or “Company”) today announced the appointment of Ken Canavan as Chief Operating Officer (COO) and Rahul Shukla as Chief Financial Officer (CFO), alongside the addition of Dr. Lander Ibarra and Jason Christensen to its senior technical and regulatory leadership team. The Company also announced that following the closing of its business combination with GigCapital7 Corp. (Nasdaq: GIG), that in addition to the individuals previously announce...

HONG KONG--(BUSINESS WIRE)--Black Spade Acquisition III Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The New York Stock Exchange (“NYSE”) under the ticker symbol “BIIIU” on January 6, 2026. Each unit consists of one Class A ordinary share and one-third of on...

NEW YORK--(BUSINESS WIRE)--Blueport Acquisition Ltd (Nasdaq: BPACU) (the “Company”) today announced that, commencing January 6, 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 rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. The Class A ordinary shares and rights that are separated will trade on The Nasdaq Capital Market...

WEST PALM BEACH, Fla. & ZEPHYR COVE, Nev.--(BUSINESS WIRE)--Hennessy Capital Investment Corp. VII (NASDAQ: HVII) (“Hennessy VII”), and ONE Nuclear Energy LLC (“ONE Nuclear”), an independent developer of large-scale energy solutions powered by natural gas and advanced nuclear technologies, today announced that Hennessy VII filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (“SEC”) on December 23, 2025, in connection with their previously announced propose...

SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--PlusAI, a leader in AI software for autonomous trucks, and Churchill Capital Corp IX (NASDAQ: CCIX), a publicly traded special purpose acquisition company, today announced an amended filing with the U.S. Securities and Exchange Commission of their joint registration statement on Form S-4 (the “Registration Statement”) in connection with the proposed business combination. The Registration Statement includes a preliminary proxy statement/prospectus...

BOULDER, Colo.--(BUSINESS WIRE)--Infleqtion (the “Company”), a global leader in neutral atom-based quantum technology, announced that Chief Scientist for Quantum Information Dr. Mark Saffman was awarded the ninth Biennial John Stewart Bell Prize for Research on Fundamental Issues in Quantum Mechanics and Their Applications. His work underpins Infleqtion’s quantum computing roadmap as the company moves toward delivering fault-tolerant quantum systems critical for achieving quantum advantage and...

NEW YORK--(BUSINESS WIRE)--Teamshares Inc. (“Teamshares”), a tech-enabled acquiror of high-quality businesses, and Live Oak Acquisition Corp. V (NASDAQ: LOKV, “Live Oak V”), a publicly traded special purpose acquisition company, announced the confidential submission of a draft registration statement on Form S-4 with the Securities and Exchange Commission (“SEC”) today in connection with a proposed business combination between Teamshares and Live Oak V announced on November 14, 2025. Upon closin...