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SPAC
Photo: NaturalShrimp
Aquaculture: NaturalShrimp Terminates Merger Agreement; Announces Re-IPO Opportunity for Uplist
by Lance Murray | Aug 3, 2023
Dallas-based NaturalShrimp recently signed an agreement with Japan's Niterra to trial its patented technology in Japanese aquaculture farms for shrimp production.
by Dallas Innovates | Staff Report |
Nov 1, 2022
Garland-based TV Ammo—the parent company of True Velocity and LoneStar Future Weapons—is merging with Irving-based Breeze Holdings Acquisition Corp. in the Nasdaq-focused deal.
True Velocity's composite-cased ammunition reduces weight 30% compared to brass-cased cartridges, providing what the company calls "exceptional accuracy and consistency" while reducing heat transfer to the weapon platform for defense, law enforcement, and commercial sectors.
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by Kevin Cummings |
Oct 26, 2022
Dallas-based NaturalShrimp doesn't need to set sail for its Pacific white shrimp—it farm-raises them at large production facilities outside San Antonio and in Iowa, using proprietary aquaculture technology that can produce a “crop” of shrimp weekly. With an even bigger facility in Florida on the way, NaturalShrimp is set to hit the Nasdaq via a SPAC merger that could net it $105M in cash.
Its CEO says the move has "the potential to significantly accelerate our efforts for commercialization and the ramp up of production of our fresh, land-based gourmet-grade shrimp at the largest indoor farming facilities in the U.S."
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by Kevin Cummings |
Sep 21, 2022
Founded in 2003, Beneficient aims to be listed on the Nasdaq via a merger with San Francisco bank-check company Avalon Acquisition Inc. The deal values Beneficient—whose end-to-end platform provides liquidity, data custody, and trust services for alternative asset holders—at $3.5 billion.
“We're working to democratize the industry starting with a simple, secure, rapid and cost-effective solution to what we saw as the most foundational and pressing need: liquidity," says founder and CEO Brad Heppner.
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Wallbox North America GM Douglas Alfaro (left) and Wallbox Co-Founder and CEO Enric Asunción [Photos: Wallbox]
Wallbox—a Global EV Charging Leader Expanding to Arlington—Begins Trading on NYSE
by Quincy Preston | Oct 4, 2021
Now trading under "WBX," the Barcelona-based EV charging manufacturer closed its merger with N.Y.-based SPAC Kensington Capital Acquisition Corp. on October 1.
Arlington leaders recently granted Wallbox incentives to build the company’s first North American plant in the Great Southwest Industrial District.
Arlington leaders recently granted Wallbox incentives to build the company’s first North American plant in the Great Southwest Industrial District.
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by Alex Edwards |
May 12, 2021
Bird Rides, which operates a fleet of shared electric scooters, has entered a business combination agreement with Switchback II Corporation, a local special purpose acquisition company that focuses on the energy transition sector. The news comes on the heels of scooters potentially returning to the streets of Dallas after being banned last fall.
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by Alex Edwards |
May 10, 2021
The combined company will have an anticipated market value of $491 million. "For the past few years our focus has been exponential growth, mainly in the North American market," the team told us. "The move to public market facilitates this even more."
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by Alex Edwards |
Mar 1, 2021
Founded in 2017, Plano-based Stryve—the company behind convenience snack biltong, a better, healthier alternative to beef jerky—is making big moves. 7-Eleven veteran Scott McCombs joins the executive team as the air-dried meat maker merges with Andina Acquisition Corp. and eyes a new ticker on NASDAQ.
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