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Silicon Valley Acquisition Corp. Announces Closing of Over-Allotment Option in Connection with Its Initial Public Offering
Globenewswire· 2026-01-08 13:00
PALO ALTO, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Silicon Valley Acquisition Corp. (the “Company”) (Nasdaq: SVAQU) today announced that, on January 7, 2026, it consummated the sale of 1,500,000 units subject to the over-allotment option granted to the underwriters in connection with its previously announced initial public offering. The additional units were sold at $10.00 per unit, generating additional gross proceeds to the Company of $15,000,000. After giving effect to the exercise of the option, an ag ...
Soulpower Acquisition Corporation (NYSE:SOUL) and SWB Holdings Announce Confidential Filing of Draft Registration Statement on Form S-4 with the SEC
Globenewswire· 2025-12-30 11:30
Core Viewpoint - Soulpower Acquisition Corporation and SWB Holdings have announced the confidential submission of a draft registration statement for a proposed business combination, aiming to launch SOUL WORLD BANK™ and its affiliates [1][2][3] Company Overview - Soulpower Acquisition Corporation is a financials-focused special purpose acquisition company that raised $250 million in its initial public offering in April 2025 [5] - SWB LLC is a newly formed Cayman Islands company established to launch SOUL WORLD BANK™ and acquire various real-world assets [6] - SWB Holdings will be the publicly traded holding company of SOUL WORLD BANK™ and its affiliates upon the closing of the business combination [7] Business Combination Details - The proposed business combination was initially announced on November 24, 2025, and involves Pubco, Soulpower, and SWB LLC [2] - Pubco intends to list its non-voting Class A ordinary shares on the New York Stock Exchange under the ticker symbol "SOUL" after the closing of the business combination [2][4] - The completion of the transaction is subject to customary closing conditions, including shareholder approval and the effectiveness of the registration statement [3] Future Plans - The SOUL WORLD BANK™ aims to offer a suite of international financial services and operate as a licensed international financial institution, with a focus on integrating traditional markets with new technologies like AI and tokenization [3][7] - The asset portfolio held by SWB is designed to provide stable book value and opportunities for financial engineering [7] Regulatory Process - The confidential submission of the draft registration statement allows the parties to engage with the SEC before making a public filing [2][8] - A definitive Proxy Statement/Prospectus will be mailed to Soulpower shareholders after the registration statement is declared effective [8]
Everybody Loves Languages Corp. Announces Acquisition by ELL Ventures Ltd.
Businesswire· 2025-12-24 21:25
Core Viewpoint - Everybody Loves Languages Corp. (ELLC) has announced a business combination agreement with ELL Ventures Ltd. (EV), which will result in ELLC shareholders, excluding EV, receiving cash for their shares at a rate of $0.085 per share [1][3]. Group 1: Business Combination Agreement - The Business Combination Agreement was approved by ELLC's Board of Directors on December 23, 2025, following a recommendation from an independent committee [2]. - The transaction will involve ELLC and EV amalgamating to form a new corporation, Amalco, where ELLC's minority shareholders will receive redeemable preferred shares that will be immediately redeemed for cash [3]. - The transaction is expected to close around March 10, 2026, and ELLC plans to delist from the TSX Venture Exchange to become a privately held company [3]. Group 2: Shareholder and Valuation Details - EV is controlled by Gali Bar-Ziv and Khurram Qureshi, who collectively own approximately 10% of ELLC shares [4]. - The proposed transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, and an independent valuation was conducted by MNB Valuation Inc. to assess the fairness of the transaction for minority shareholders [5][7]. - The completion of the amalgamation is contingent upon various approvals, including from the TSX Venture Exchange and ELLC shareholders, as well as proof of funds from EV [6]. Group 3: Financial Considerations - EV will provide a $1,500,000 term loan and capital contributions totaling $930,000 from its shareholders to facilitate the purchase of ELLC shares [6]. - If the Business Combination Agreement is terminated due to the Board of Directors withdrawing its recommendation, ELLC will owe EV a termination fee of $250,000 [6].
Legato Merger(LEGOU) - Prospectus
2025-12-19 23:21
As filed with the U.S. Securities and Exchange Commission on December 19, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Legato Merger Corp. IV (Exact name of registrant as specified in its charter) Cayman Islands 6770 98-1880768 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Legato Merger Corp. IV 777 Third Avenue, 37 ...
X3 Acquisition(XCBEU) - Prospectus(update)
2025-12-19 21:12
Registration No. 333-290299 As filed with the U.S. Securities and Exchange Commission on December 19, 2025. TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X3 Acquisition Corp. Ltd. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 Cayman Islands 6770 98-1877158 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer ...
Stingray Announces Completion of TuneIn Acquisition
Globenewswire· 2025-12-19 14:00
MONTREAL, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Stingray Group Inc. (TSX: RAY.A; RAY.B) (“Stingray” or the “Company”), an industry leader in music and video content distribution, business services, and advertising solutions, announced today that it has closed its previously announced acquisition (the “Transaction”) of TuneIn Holdings, Inc. (“TuneIn”) after all conditions precedent to closing the Transaction have been satisfied. “We are delighted to complete this strategic acquisition and officially welcome the ...
Crescent Stockholders Overwhelmingly Approve Merger with Vital Energy
Businesswire· 2025-12-12 21:20
Core Viewpoint - Crescent Energy Company has received overwhelming shareholder approval for the issuance of Class A common stock in connection with its proposed merger with Vital Energy, expected to close on December 15, 2025 [1][3]. Group 1: Shareholder Approval - Approximately 98% of the Crescent common stock voted in favor of the merger, resulting in about 81% of the outstanding Crescent common stock voting in favor [3]. - The strong support from shareholders reinforces investor confidence in Crescent's disciplined strategy and execution track record [2]. Group 2: Company Strategy and Operations - Crescent Energy is committed to delivering value for shareholders through a disciplined growth through acquisition strategy and consistent return of capital [4]. - The company focuses its investing and operating activities in the Eagle Ford, Permian, and Uinta basins, combining significant cash flow from stable production with high-quality development inventory [4].
Vital Energy Stockholders Approve Merger with Crescent Energy
Globenewswire· 2025-12-12 21:20
TULSA, Okla., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today announced that, at a special meeting of Vital Energy stockholders held today, the stockholders of the Company approved the previously announced merger (the "Merger") between Vital Energy and Crescent Energy Company ("Crescent"). Vital Energy will file the final vote results for its special meeting on a Form 8-K with the U.S. Securities and Exchange Commission (the "SEC"). The Merger is ant ...
Grupo Aeroportuario del Pacifico Announces Shareholder Approval of the Business Combination of the Cross Border Xpress and Technical Assistance Services
Globenewswire· 2025-12-11 19:46
GUADALAJARA, Mexico, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“GAP”) announces that, during its Ordinary and Extraordinary General Shareholders’ Meeting, with a quorum of 88.1% of its shareholders, around 96% of the votes cast approved the business combination of the Cross Border Xpress (CBX) and the provision of technical assistance and technology transfer services. This business combination will be carried out through the merger of various e ...
Parex Resources Announces Update on Discussions with GeoPark Regarding a Potential Business Combination
Globenewswire· 2025-12-09 12:00
Core Viewpoint - Parex Resources Inc. has decided to halt discussions regarding the acquisition of GeoPark Limited due to a lack of agreement on the perceived value of GeoPark shares compared to Parex's acquisition proposal of US$9.00 per share [2][5]. Company Overview - Parex Resources Inc. is one of the largest independent oil and gas companies in Colombia, focusing on sustainable and conventional production. The company is headquartered in Calgary, Canada, with an operating office in Bogotá, Colombia, and its shares trade on the Toronto Stock Exchange under the symbol PXT [3]. Timeline of Events - On November 2, 2025, GeoPark's CEO indicated readiness to engage in discussions with Parex regarding a potential transaction [5]. - A non-disclosure agreement was executed between Parex and GeoPark from November 4 to November 13, 2025 [5]. - GeoPark provided Parex access to a virtual data room on November 14, 2025, and shared select information [5]. - On December 1, 2025, Parex and GeoPark representatives met in person in Bogotá to discuss their views on value [5]. - On December 8, 2025, GeoPark reaffirmed its unwillingness to negotiate within the parameters of Parex's September Proposal, leading Parex to halt further discussions [5].