The Latest Breaking News from SPAC

Amprius Technologies Inc has agreed to merge with a special-purpose acquisition company (SPAC)that values the company at about $1.3 billion and would take it public, Wall Street Journal reported. Amprius makes batteries that it says are more powerful than conventional lithium-ion cells because they use energy-dense silicon in the battery’s anode instead…

Despite criticisms, the underlying premise of allowing access to early-stage, private companies is admirable and much-needed in a market that often favors institutional players

A leading social media platform and dating company with a target demographic announced a SPAC deal after market close Monday.

Key takeaways:

Merger activity decreased last week with three new deals announced and four deals completed. Two of the three deals announced were potential deals in the works. We saw yet another SPAC business combination fall apart. Black Knight (NYSE: BKI)

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Motorcycle fans looking for an electric vehicle option could be in luck soon with leader Harley-Davidson Inc (NYSE: HOG) set to unveil a new electric motorcycle next week.

Gainers SoundHound AI, Inc. (NASDAQ: SOUN) shares jumped 47.4% to $16.13. The company recently completed a SPAC merger deal last week and began trading on Thursday.

SoundHound AI Inc (NASDAQ: SOUN) shares are soaring on above-average volume Tuesday. The company completed a SPAC merger with Archimedes Tech SPAC Partners Co. last week and saw a high redemption rate.