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Yorkville Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about July 25, 2025
Globenewswire· 2025-07-21 20:45
Company Overview - Yorkville Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aimed at effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [4] - The company has not selected any specific business combination target and has not engaged in substantive discussions with any potential targets [4] - The company intends to focus its search for business combinations at the intersection of media, technology, and entertainment [4] Recent Developments - The company announced that holders of the units sold in its initial public offering of 17,250,000 units, including 2,250,000 units from the underwriters' overallotment option, may elect to separately trade the Class A ordinary shares and warrants starting on or about July 25, 2025 [1] - Units that are not separated will continue to trade on The Nasdaq Global Market under the symbol "YORKU," while the Class A ordinary shares and warrants will trade under the symbols "YORK" and "YORKW," respectively [1] - A registration statement relating to the securities was declared effective on June 26, 2025, in accordance with Section 8(a) of the Securities Act of 1933 [2]
Isdera Group Limited Announces Entering into a Merger Agreement with UY Scuti Acquisition Corp.
Prnewswire· 2025-07-21 19:10
NEW YORK, July 21, 2025 /PRNewswire/ -- Isdera Group Limited, a Cayman Islands company ("Isdera Group" or the "Company"), a company that shall become the parent company of Xinghui Automotive Technology (Hainan) Co., Ltd, a company in the business of designing automobiles in the People's Republic of China ("Xinghui Automotive Technology"), announced today that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") on July 18, 2025 for a business combination with UY Scuti Acquisition Cor ...
HCM II Acquisition Corp. and Terrestrial Energy Announce Filing of Draft Registration Statement on Form S-4 with the SEC
Globenewswire· 2025-07-18 11:30
Core Viewpoint - HCM II Acquisition Corp. and Terrestrial Energy Inc. are moving forward with a proposed business combination, which will lead to the listing of the combined company on Nasdaq under the ticker symbol "IMSR" [3][6]. Company Overview - HCM II Acquisition Corp. is a special-purpose acquisition company (SPAC) focused on merging with established businesses poised for growth [8]. - Terrestrial Energy Inc. is developing small modular nuclear plants utilizing proprietary Generation IV Integral Molten Salt Reactor (IMSR) technology, aimed at providing clean and flexible energy solutions [4][7]. Business Combination Details - The business combination agreement was entered into on March 26, 2025, and is subject to stockholder approval and SEC clearance [3]. - The registration statement filed with the SEC includes a preliminary proxy statement/prospectus related to the business combination [2][11]. Financial Aspects - The transaction is expected to generate approximately $280 million in gross proceeds, including $50 million from common stock PIPE commitments and about $230 million from HCM II's trust account [5]. - Proceeds will be allocated to accelerate the commercial deployment of Terrestrial Energy's IMSR technology and cover transaction expenses [5]. Timeline - The completion of the proposed business combination is anticipated in the third or fourth quarter of 2025 [6].
Press Release: Sanofi announces extension of Blueprint tender offer
Globenewswire· 2025-07-17 05:00
Core Points - Sanofi has extended its tender offer to acquire all outstanding shares of Blueprint Medicines Corporation at a price of $129.00 per share in cash, plus contingent rights for additional payments of up to $6.00 per share based on specified milestones [1][2] - The expiration date for the tender offer has been moved to 17:00 EDST on July 17, 2025, from the previous date of July 16, 2025 [2] - As of July 16, 2025, approximately 29,742,419 shares, or 45.85% of Blueprint's total outstanding shares, have been validly tendered, with an additional 23,400,152 shares tendered by notice of guaranteed delivery, representing 36.08% of the outstanding shares [3] Offer Details - The tender offer is subject to conditions outlined in the offer to purchase, including the requirement for a majority of Blueprint's outstanding shares to be tendered [5] - The offer is being managed by Rothko Merger Sub, Inc., a wholly owned subsidiary of Sanofi, and Innisfree M&A Incorporated is acting as the information agent for the offer [4][6] Company Background - Sanofi is a research and development-driven biopharmaceutical company focused on improving lives through innovative medicines and vaccines, leveraging its understanding of the immune system [7]
Helix Acquisition Corp. II and BridgeBio Oncology Therapeutics Announce Effectiveness of Registration Statement for Proposed Business Combination
Globenewswire· 2025-07-11 11:43
Core Viewpoint - Helix Acquisition Corp. II is set to hold an extraordinary general meeting on August 4, 2025, to discuss the business combination with TheRas, Inc. (BridgeBio Oncology Therapeutics), following the SEC's declaration of the registration statement as effective [1][2][3]. Company Overview - Helix Acquisition Corp. II is a special purpose acquisition company (SPAC) that raised $184 million in its initial public offering on February 9, 2024, and is sponsored by Cormorant Asset Management [5]. - TheRas, Inc. (BridgeBio Oncology Therapeutics) is a clinical-stage biopharmaceutical company focused on developing novel small molecule therapeutics targeting RAS and PI3Kα malignancies [4]. Business Combination Details - The business combination agreement was finalized on February 28, 2025, and is subject to various conditions before closing [6]. - Upon completion of the transaction, the company will be renamed "BridgeBio Oncology Therapeutics" [6]. - The proxy statement/prospectus will be mailed to Helix's shareholders of record as of June 30, 2025, for their consideration [2][6].
VEON and Cohen Circle Secure Investor Commitments for Kyivstar Listing
Globenewswire· 2025-07-10 20:15
Core Viewpoint - VEON Ltd. and Cohen Circle Acquisition Corp. I have executed non-redemption agreements totaling approximately USD 52.3 million, securing the minimum cash condition for the proposed business combination with Kyivstar Group, which is expected to be listed on Nasdaq under the ticker symbol "KYIV" [1][2]. Group 1: Business Combination Details - The closing of the business combination is anticipated in the third quarter of 2025, pending shareholder approval and customary closing conditions [2]. - The business combination will mark Kyivstar Group as the first pure-play Ukrainian company to be publicly listed on a U.S. stock exchange [2]. - Cohen Circle's units, Class A ordinary shares, and warrants are listed on Nasdaq under the ticker symbols "CCIRU," "CCIR," and "CCIRW" respectively [2]. Group 2: Kyivstar Group Overview - Kyivstar Group is Ukraine's leading digital operator, serving over 23 million mobile customers and more than 1.1 million home internet fixed line customers as of December 31, 2024 [3]. - The company provides a wide range of services, including 4G, big data, cloud solutions, cybersecurity, and digital TV [3]. - VEON and Kyivstar Group plan to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, and charitable donations [3]. Group 3: VEON Overview - VEON operates as a digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries [4]. - The company aims to transform lives through technology-driven services that empower individuals and stimulate economic growth [4]. Group 4: Cohen Circle Overview - Cohen Circle Acquisition Corp. I is a special purpose acquisition company formed to effect a merger or similar business combination with technology and/or financial services businesses [5]. - The company’s units, Class A ordinary shares, and warrants are also listed on Nasdaq under the symbols "CCIRU," "CCIR," and "CCIRW" respectively [5].
Yorkville Acquisition Corp. Announces Closing of $172,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-06-30 20:05
Group 1 - Yorkville Acquisition Corp. closed its initial public offering of 17,250,000 units at $10.00 per unit, raising gross proceeds of $172.5 million before deductions [1][3] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50 [2] - The company intends to use the net proceeds from the offering to pursue business combinations with one or more businesses, focusing on the intersection of media, technology, and entertainment [3][7] Group 2 - Clear Street acted as the sole book-running manager for the offering, with D. Boral Capital LLC as co-manager and DLA Piper LLP (US) providing legal counsel [4] - The registration statement for the securities was declared effective by the SEC on June 26, 2025, allowing the offering to proceed [6]
Safety Shot Completes Acquisition of Yerbae Brands Corp.
Globenewswire· 2025-06-27 13:28
Core Insights - Yerbaé Brands Corp. has successfully completed a business combination with Safety Shot, Inc., where Safety Shot acquired all outstanding shares of Yerbaé [1][2] - The transaction was executed through a court-approved plan of arrangement, resulting in Safety Shot shareholders owning approximately 81.64% of the combined company, while former Yerbaé shareholders own about 18.36% [2][3] Transaction Overview - Under the arrangement agreement dated January 7, 2025, Safety Shot acquired all Yerbaé shares, with each Yerbaé shareholder receiving 0.2918 of a Safety Shot share for each Yerbaé share held [3] - The total number of Safety Shot shares issued in the transaction was 19,881,948 [2] - Yerbaé shares will be delisted from the TSX Venture Exchange and OTCQX effective June 30, 2025 [3] Shareholder Information - Yerbaé shareholders with physical share certificates must submit a Letter of Transmittal to receive their Safety Shot shares [4] - For shareholders holding shares in book-entry form or brokerage accounts, the exchange of shares is automatic [5] Company Profiles - Safety Shot, Inc. specializes in wellness and dietary supplements, notably developing Sure Shot, a patented product that lowers blood alcohol content while enhancing clarity and energy [6] - Yerbaé Brands Corp. produces plant-based energy beverages that are zero calorie, zero sugar, and cater to various dietary preferences, aiming to disrupt the energy beverage market [7] Advisory Information - Maxim Group LLC acted as the exclusive financial advisor to Safety Shot during the merger [8] - Legal counsel for Yerbaé was provided by Cozen O'Connor LLP, while Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for Safety Shot [9]
EQX's Solid Cash Base Fuels Project Progress: Can It Sustain the Pace?
ZACKS· 2025-06-27 12:31
Core Insights - Equinox Gold Corp. (EQX) has a robust financial position with significant cash flows, supporting its development projects and liquidity [1][6] - The Greenstone mine is a key asset, expected to produce approximately 390,000 ounces of gold annually at full capacity [2][6] - The company plans to pursue deleveraging in the second half of 2025, leveraging strong cash flow generation [1][6] Financial Position - EQX ended Q1 with $173 million in unrestricted cash and $65 million in an undrawn credit facility, indicating strong liquidity [1][6] - B2Gold Corp. (BTG) reported cash and cash equivalents of $330 million and $800 million available for future drawdowns under its credit facility [3] - Eldorado Gold Corporation (EGO) had $978 million in cash and $241 million in available credit, totaling around $1.2 billion in liquidity [4] Production and Growth - The ramp-up at the Greenstone mine is currently underway, targeting an annual production of 390,000 ounces of gold [2][6] - The recent business combination with Calibre Mining Corp. is expected to enhance production growth and cash flow for EQX [2] Valuation and Market Performance - EQX is trading at a forward 12-month earnings multiple of 7.83, which is about 40.5% lower than the industry average of 13.17 [8] - The Zacks Consensus Estimate indicates a year-over-year earnings rise of 135% for 2025 and 123.4% for 2026, although EPS estimates have been trending down recently [9]
Inception Growth Acquisition Limited Announces Postponement of the Special Meeting to July 14, 2025 and Extension of Redemption Request Deadline
Globenewswire· 2025-06-26 10:20
Core Viewpoint - Inception Growth Acquisition Limited has postponed its Special Meeting of shareholders to July 14, 2025, to allow stockholders more time to review the Supplement to the definitive proxy statement, which includes a corrected redemption price and updates regarding the annual meeting [1][4]. Group 1: Special Meeting Details - The Special Meeting will still take place at the same location and time, now set for July 14, 2025, at 10:00 a.m. Hong Kong Time [2]. - The record date for stockholders eligible to vote remains May 27, 2025, allowing those who sold shares after this date to still participate [3]. - Stockholders who have already voted do not need to take further action, as their votes remain valid unless revoked [3]. Group 2: Redemption Requests - The deadline for stockholders to submit redemption requests has been extended from June 27, 2025, to July 10, 2025 [4]. - Stockholders can revoke previously submitted redemption requests before the new deadline [4]. Group 3: Company Background - Inception Growth Acquisition Limited is a blank check company incorporated in Delaware, focused on business combinations with other entities [7].