New Amsterdam Invest’s Real Estate SPAC-tacular Debut on Euronext Amsterdam!

Subspac - New Amsterdam Invest's Real Estate SPAC-tacular Debut on Euronext Amsterdam!

TLDR:
New Amsterdam Invest N.V. (NAI) successfully went public on Euronext Amsterdam through a De-SPAC transaction with Somerset Park B.V. and plans to focus on optimizing tenant line up, creating long-term leases with tenants, and diversifying in geography and segment. NAI has a diversified portfolio of commercial properties in both the UK and the US, with approximately $58 million in cash and $26.5 million in debt.

Ladies and gentlemen, gather around for the thrilling tale of New Amsterdam Invest N.V. (NAI) and its victorious journey to going public on Euronext Amsterdam through a De-SPAC transaction with Somerset Park B.V. If this doesn’t get your blood pumping, I don’t know what will.

So let’s break down the impressive accomplishments of NAI. With a diversified portfolio of commercial properties in both the UK and the US, the company is poised to conquer the world like a modern-day Alexander the Great, but with a slightly better understanding of property management. With the potential for further investments, it’s a rollercoaster of excitement that only goes up (we hope).

Now, it takes a special kind of person to lead such a daring venture, and it seems NAI has found the perfect candidate in Aren van Dam, the CEO. A man who not only appreciates the support of valued shareholders but also knows a thing or two about optimizing tenant structure and securing long-term leases. It’s comforting to know that NAI is in capable hands, guiding the company as it diversifies its geographic and segmental focus like a well-coordinated ballet performance.

With approximately $58 million in cash and $26.5 million in debt, NAI is armed to the teeth and ready to meet its ambitious targets. The company’s success thus far is a testament to the hard work and dedication of its team, and we can’t help but feel a sense of pride for their accomplishments. One can only hope this momentum continues as the company grows and expands its business, like a beautiful, unstoppable snowball rolling down a hill.

In a world of uncertainty and chaos, it’s reassuring to know that some things are moving forward and reaching new heights. Euronext congratulates NAI on its listing (ticker code: NAI) and the successful business combination transaction with Somerset Park B.V. and the Special Purpose Acquisition Company (SPAC) New Amsterdam Invest. It’s like witnessing the birth of a beautiful baby unicorn, except this unicorn deals in commercial real estate and has a more diversified portfolio.

The main objectives for NAI going forward include the owning, (re-) developing, acquiring, divesting, maintaining, and letting out of commercial real estate – all in the broadest possible meaning, of course. So hold onto your hats, folks, because the company plans to focus on optimizing the tenant line up, creating long-term lease commitments with tenants, and diversifying in geography and segment. FRI (full repair and insurance) leases, anyone? It’s the cherry on top of this delicious real estate sundae.

In conclusion, let’s all raise a glass to New Amsterdam Invest N.V. and its bright future ahead. With $58 million in cash and a diversified portfolio of commercial properties in both the UK and the US, this company is poised to take the world by storm. And remember, if the Nigerian prince comes knocking with investment opportunities, just pretend you’re not home. Congratulations, NAI!
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

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“Saratoga Springs Soaks Up the Outlaw Spirit, Courtesy of Willie Nelson’s Badass Festival!”

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TLDR:
– Willie Nelson, at 90 years old, continues to defy expectations and shine as the heart and soul of the Outlaw Fest.
– Despite challenges and setbacks, Nelson’s performance was a testament to his resilience and enduring talent.

Ladies and gentlemen, boys and girls, Willie Nelson has done it again. At the spry age of 90, he’s outliving the average lifespan, and his career is doing the same. Coughs and slips of the microphone be damned, Nelson graced the stage at his Outlaw Fest, a Saratoga Springs summertime staple. Though the format deviated from previous years, sticking to business hours and featuring more established bands, Nelson remains the heart and soul of the festival. Isn’t that just like a seasoned performer?

But let’s not forget the supporting cast. Los Lobos, String Cheese Incident, and Bobby Weir and the Wolf Bros Band warmed up the stage before Nelson strutted on at 10 pm. With 50-degree temperatures, folks were bundling up like they were going on a late-night ice cream run. Now there’s a thought: Willie Nelson and an ice cream cone. Add in the tie-dye and it’s basically Woodstock 2.0.

The early birds got a treat with Los Lobos’ passionate and precise set, while the String Cheese Incident managed to combine Americana style with jam music. Who knew cheese and jam would go so well together? Bobby Weir and his Wolf Bros Band had fans shaking their tail feathers to unique renditions of Grateful Dead classics, proving once again that you can teach an old dog new tricks—or at least new arrangements.

But let’s get back to our man of the hour—or two, in Nelson’s case. Despite his son Micah falling ill and his other son Lucas off touring with his own band, Nelson sauntered onto that stage with the confidence of a catwalk model. He was flanked by his ever-loyal band “The Family,” and the harmonica echoes of Mickey Raphael filled the air. You’d think the guy was trying to summon the spirit of the Wild West.

Despite the occasional cough and microphone slip that added more suspense than any thriller movie, Nelson crooned advice to mothers about steering their sons clear of the cowboy life. The spirit of Waylon Jennings hung in the air as he covered “Good Hearted Woman,” reminding us all that love is not just a feeling but an act. Nelson is a real-life testament to the adage, “Age is just a number.”

Willie Nelson is not just a musician; he’s a symbol of resilience, a beacon of hope for aging rockers everywhere. Let’s hope he continues gracing us with his presence and his music for as long as he can strum that trusty guitar of his. After all, he’s Willie Nelson, and age has nothing on him. So remember, next time you get a chance to see Willie Nelson live, don’t just go, sprint!
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

“VinFast’s Speedy Ascent meets Rocky Roads: Stock Stumbles, Billionaire Chairman Bets House”

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TLDR:
– VinFast, the Vietnamese electric car startup, experienced a decline in market value and faced challenges in the electric vehicle market.
– The lifting of lockdown restrictions for certain stocks caused an overreaction in the stock market, resulting in a nosedive in prices.

So, here is the latest buzz folks. VinFast, the Vietnamese electric car startup, has been riding a roller coaster lately – minus the fun, I guess. After causing a frenzy with its $40 billion market value, the buzz has fizzled out faster than a flat soda. The electrifying market is quite a tough cookie to crack and VinFast’s ambitious expansion seems to have given it some serious heartburn. But hey, let’s not lose all hope, the CEO promises to pump all profits back into the company. So, either we’ll witness a miraculous comeback, or it’ll just be a flash in the pan. Stay tuned, it’s going to be a bumpy ride!

Meanwhile, the stock market’s acting like a teenager given the keys to a car. It’s confused, panicky, and all over the place. Following the announcement of the lifting of lockdown restrictions for some stocks, markets reacted like someone just announced free beer at the bar – wildly and with a fair amount of overreaction. The result? Prices took a nosedive faster than my interest in a dieting program.

Now, let’s talk about this whole VinFast and SPAC backers situation. If you thought your Monday was tough, try being VinFast right now. Its SPAC backers are doing the reverse moonwalk, right out of the picture. It seems that the company’s market value of $40 billion was a bit too fantastical, even for the hardcore believers. But here’s the silver lining – with the stock about to be easier to bet against, the investors might be in for a lucky break.

The company’s recently released second-quarter results were as interesting as watching paint dry. But wait, there’s more. Last week, VinFast filed documentation with the Securities and Exchange Commission to release lockup restrictions on 3.1% of its shares, totaling about $1.25 billion. And as luck would have it, the shares were down 7% in morning trading – talk about a rough morning!

Now, here’s the kicker, the sponsors of the special-purpose acquisition company that took VinFast public can potentially sell at a very healthy profit. Even the entities belonging to the billionaire chairman, Pham Nhat Vuong – Vietnam’s richest man, can cash-in. But, Mr. Vuong has pledged to put any profit back into the company. So, while VinFast has burned through $890 million of cash in the first half of 2023, they’re still optimistic.

So, what’s the moral of this story? Well, the electric vehicle market is as predictable as a cat high on catnip and VinFast’s fortunes are as volatile as a bottle of nitroglycerin in a trampoline park. But at least we know one thing for sure, the CEO is committed – or maybe he should be committed. Only time will tell.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

“AgileThought’s Not-So-Thoughtful Tax Tangle Throws Tech Giant Toward the Chopping Block”

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TLDR:
– AgileThought Inc. is battling a crippling $203 million debt after being hit with a hefty tax bill, putting the company on the edge of fiscal oblivion.
– The company is planning a quick auction to attract a white knight investor in an attempt to stave off complete collapse.

In the riveting saga of financial misadventures and unanticipated audits, AgileThought Inc., a once shining beacon of technological prowess, has found itself squarely in the crosshairs of Mexican tax authorities. Hit with a tax bill hefty enough to make even the most grizzled Wall Street veterans shed a tear, the company is now battling a crippling $203 million debt. The equivalent of being asked to cough up the GDP of a small island nation, the tax bill has left AgileThought teetering on the edge of fiscal oblivion.

The company’s plight is made all the more tragic by the fact that just a few years ago, AgileThought was riding high on the wave of blank-check merger mania. A period that saw more cheques written than a Monopoly tournament, AgileThought made its grand public debut through a merger with LIV Capital Acquisition Corp. Unfortunately, their party was cut short by the taxman’s unceremonious arrival, giving them a bill that could make a Kardashian blush.

Despite the looming shadow of bankruptcy, AgileThought is not going gently into that good night. Instead, it has planned a quick auction, a gambit to rope in a white knight investor. Now, the business world, popcorn at the ready, awaits this spectacle with bated breath. Akin to a high-stakes reality show, industry insiders are lining up to acquire the beleaguered company. It’s an enticing opportunity: A David, crushed by a monetary Goliath, hoping to rise from the ashes with an investor’s helping hand.

James S. Feltman, the company’s chief restructuring officer, masterfully detailed AgileThought’s woes in court documents. The tax assessment, a financial blow that arrived with all the subtlety of a sledgehammer, hit in 2021. This was just before the company’s public trading debut, making the timing as impeccable as a punchline in a stand-up routine. The bankruptcy declaration, an unfortunate testament to the company’s struggles, is an attempt to stave off a complete collapse.

AgileThought’s tale is a stark reminder of the unpredictable nature of the business world. One day, you’re a rising star, merging with corporations and being hailed as the next big thing. The next, you’re being presented with a tax bill that could make a superhero’s knees buckle. The auction, set to be held in the not-so-distant future, will determine whether AgileThought can pull off a Phoenix-like resurrection or if this is its swan song.

In the grand theatre of corporate calamities, AgileThought’s drama is set to take center stage. With a robust line-up of potential buyers, each eager to snatch up a company that has seen better days, the proceedings are sure to be a spectacle for the ages. As the gavel prepares to fall, only time will tell if AgileThought can rise like Lazarus or if its journey heads towards a curtain call.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

Hong Kong’s SPAC Aquila Acquisition Stops Beating Around the Bush, Bets Big on Struggling Online Steel Trader ZG Group

Subspac - Hong Kong's SPAC Aquila Acquisition Stops Beating Around the Bush, Bets Big on Struggling Online Steel Trader ZG Group

TLDR:
– Aquila Acquisition Corp. is set to acquire ZG Group, a domestic online steel trading platform in Hong Kong, despite the company’s continuous losses and high debt.
– ZG Group has potential for growth in the industry’s shift to digital channels, but requires a cash infusion to boost trading volume and reduce debt.

Well folks, we’ve got ourselves a modern steel fairy tale. After a courtship that felt longer than a pandemic lockdown, Aquila Acquisition Corp., Hong Kong’s first special acquisition purpose company (SPAC), has finally found its Cinderella to take to the ball. The belle of the ball, ZG Group, is set to become the first real company to be acquired by a Hong Kong SPAC. Doesn’t it just warm your heart?

Now, this isn’t just any ordinary Cinderella story. The glass slipper in this tale is a domestic online steel trading platform that seems to have a knack for losing money. In the past three years, ZG Group has made continuous losses totaling a whopping $169 million. Just this year, they reported a loss of $6.9 million in the first quarter. That’s more red than a stoplight convention.

But let’s give them some credit. They have been dealing with a steel market that’s been more unstable than a three-legged table. The pandemic, coupled with a downturn in China’s real estate market, hasn’t exactly made it easy. Even China’s economic recovery has been about as fast as a snail in a marathon, leading to a drop in steel prices.

Now, even though they’re in a pickle, ZG Group seems to have a few aces up their sleeve. They’re positioned to capitalize on the industry’s shift to digital channels, which could help reduce transaction costs. In fact, their platform has seen rapid growth since 2019, with steel trading increasing from 8.1 million tonnes to 36.2 million tonnes. The transaction value also saw a rise from $5.3 billion to $24.9 billion. Who knew steel could be so exciting?

However, to grow bigger and boost their trading volume, ZG Group needs a cash infusion. The company’s net debt as of March was a staggering $978 million, with cash and cash equivalents totaling only $69 million. But this is where the knight in shining armor, Aquila Acquisition, swoops in to save our damsel in distress. They’re not alone either. Ten Private Public Enterprise Investment (PIPE) companies have agreed to pump in $77 million into ZG Group, valuing the company at $1.3 billion.

But here’s where the plot thickens. This valuation is on a company that’s still losing money. Talk about a leap of faith. Only time will tell if this gamble pays off and if ZG Group can transition from a steel underdog to a steel titan.

This whole saga is expected to wrap up in the fourth quarter, at which point ZG Group will officially become a listed company in Hong Kong. The company’s major shareholders, led by the three co-founders, will own around 19.1% of the combined company’s stock and voting rights. The deal will also transition ZG Group from a two-class share structure to a single-class one.

In essence, this merger represents an opportunity for ZG Group to bolster their business and secure the necessary capital to ramp up trading volumes. It’s a high stakes game, but with their position in the steel market and growth potential, ZG Group could just be the underdog story we need in these trying times.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

When Baggage Screening Tech Gets Fresh ‘Nasdaq’ Vibes: ScanTech and Mars Acquisition’s Game Changing Collaboration!

Subspac - When Baggage Screening Tech Gets Fresh 'Nasdaq' Vibes: ScanTech and Mars Acquisition's Game Changing Collaboration!

TLDR:
– ScanTech Identification Beam Systems and Mars Acquisition are entering into a definitive business combination agreement with a post-transaction enterprise value of $149.5 million.
– ScanTech specializes in computed-tomography baggage and cargo logistics screening technology, ensuring the safe transportation of items through airports.

Well, it looks like ScanTech Identification Beam Systems is all set to make a grand entrance onto the global financial stage, doing the Wall Street shuffle with Mars Acquisition, a blank-check company. Now, I don’t know about you, but the term ‘blank-check company’ always makes me think of a kid in a candy store with an unlimited budget. But I digress; that’s the name of the game when it comes to special purpose acquisition companies, or SPACs if you enjoy acronyms as much as I do.

The business plan here? A definitive business combination agreement. That’s what Mars Acquisition and ScanTech are up to. It’s not just your run-of-the-mill merger or acquisition. Oh, no. This is a ‘definitive business combination agreement’, which makes it sound as if they’ve decided to get hitched after dating for a while. They’ve even decided on a cute couple name for their joint listing on the Nasdaq Market – STAI.

Now, you might be wondering, “What’s this going to cost us?” Well, the post-transaction enterprise value is a breezy $149.5 million, which includes an equity value of $197.5 million and $48 million in net cash. Seems like a lot, but hey, who am I to judge? I mean, the last time I checked my bank account, I had enough to buy a taco, maybe two if I stretched. So, what’s a couple hundred million between friends?

Now, this isn’t just any old investment deal. ScanTech is not your average, everyday tech company. Nope, they’re in the business of computed-tomography baggage and cargo logistics screening technology. Essentially, they’re the folks making sure your grandma’s ceramic cat collection makes it through the airport unscathed, or ensuring that import of rubber ducks doesn’t hide any nefarious additions.

And what’s the timeline for this exciting merger? Well, the deal is expected to close in the first quarter of 2024. I know, I know, it seems like a long time to wait. But remember, folks, good things come to those who wait. Or so they say. I’m still waiting for my lottery win, but I suppose ScanTech and Mars Acquisition have a better shot at their $149.5 million deal.

So, there you have it. The future of baggage and cargo inspection is looking bright, folks. Or at least, it’s looking like it has $149.5 million in it’s pocket. And who knows? Maybe it’s just the start for more tech companies to jump into the SPAC fray. Only time will tell. But for now, we wait, as the business world continues it’s never-ending game of monopoly. And let’s be honest, isn’t that half the fun?
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

Saratoga Springs’ Weekend Binge: Partying Costly, Cleaning Up Even Costlier!

Subspac - Saratoga Springs' Weekend Binge: Partying Costly, Cleaning Up Even Costlier!

TLDR:
– Saratoga Springs incurred approximately $37,000 in overtime expenses for its fire and police departments during a race weekend and concerts, with the city having to cover the bill.
– The fire department had 136 hours of overtime at the track, costing $8,160, while the police department accumulated 175 hours of overtime, amounting to $9,944.

Saratoga Springs, known for its picturesque race course and lively concerts, certainly knows how to throw a party. But, like a college student after a kegger, it’s waking up to a hefty bill. The city recently chalked up around $37,000 in overtime wages for its fire and police departments during the Travers weekend. But hey, if you’re going to host nearly 50,000 horse racing aficionados and two sold-out Phish concerts, you better be prepared to pay a little overtime, right?

Now, let’s talk numbers. The fire department punched in 136 hours of overtime at the track, to the tune of $8,160. Luckily for the city, this was reimbursed through a contract with the New York Racing Association. The police department, on the other hand, racked up 175 hours in overtime, costing a smooth $9,944. Here’s the kicker: the city has to foot the bill.

The situation over at the Saratoga Performing Arts Center was a little more, shall we say, “cost-efficient”. The fire department had 88.5 hours of overtime, costing $5,310. However, the contract with SPAC picked up the tab on $4,260 of that. And let’s not forget the police on Caroline Street – those overtime hours amounted to $3,520. So, while the city partied, the overtime meter kept ticking.

But let’s not overlook the unsung heroes of this overtime bonanza. Code Enforcement, nestled under the warm bureaucratic wing of the fire department, also bagged a cool 48 hours of overtime, setting the city back around $2,880. Their duties? Checking if the local watering holes were fitting in one too many patrons or cranking up the volume a tad too high. The things we do for peace, quiet, and fire safety, right?

Public Safety Commissioner James Montagnino reassures us that this isn’t a surprise party for the city’s budget. Rather, it’s more like an expected guest. “This is something that is pretty much baked into the budget”, he says. Well, that’s comforting. As long as there’s a line item in the budget for “party-induced overtime”, I suppose we’re all good.

To sum it up, hosting a good time isn’t cheap, and it seems like Saratoga Springs is learning that the hard way. But as the saying goes, “no pain, no gain”. Here’s hoping the city finds a way to balance its municipal budget without sacrificing the good times. After all, nobody likes a party pooper, especially not when it’s city hall.

So here’s to Saratoga Springs: a city that knows how to throw a party, and the overtime sheet to prove it. Just remember, folks, next time you see a double rainbow at the racecourse or get down at a Phish concert, someone’s clocking in the extra hours to make that happen. It’s all part of the cost of a good time in Saratoga Springs.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

Not in This Lifetime: Guns N’ Roses Prove They’re More Classic than Antique in Saratoga Spectacle

Subspac - Not in This Lifetime: Guns N’ Roses Prove They're More Classic than Antique in Saratoga Spectacle

TLDR:
– Guns N’ Roses put on a three-hour set full of bombastic riffs and attitude, showcasing their enduring legacy and proving they are still a significant force in rock and roll.
– Frontman Axl Rose’s voice was in good shape, and Slash’s guitar solos were a standout, leaving the crowd wild with excitement.

The Saratoga Performing Arts Center was recently a witness to a spectacle that could only be described as – “Guns N’ Roses showing the kids how it’s done.” Frontman Axl Rose, notorious for his sense of time that seems to operate in a parallel universe, took the stage at exactly 7:25 PM. Perhaps he’s finally downloaded a clock app.

The three-hour set, full of bombastic riffs and attitude, was a reminder that the band is not just a group of geriatric rockers trying to make a quick buck. They proved to be a vibrant force in rock ‘n’ roll, with all the booming riffs and badass attitude that made them one of the most important acts of the past 40 years. If you were looking for a perfunctory cash grab, you should’ve gone to the bingo night down at the local pub.

The evening kicked off with “It’s So Easy,” a cheery opener that set the mood for a night of surprising, yet seamless musical blend. The way Slash and Duff McKagan put their own stylistic imprint on the GN’R track “Chinese Democracy,” a song that emerged during their 21-year hiatus from the band, was even odder. Following it with a rendition of “Slither,” the hit 2004 single from Slash and McKagan’s mid-aughts band Velvet Revolver? It was like trying to find a coherent plot in a David Lynch movie.

Despite his dysphonia, Rose’s voice was in good shape, belting out songs with a force that could rival a freight train. The 61-year-old frontman continued to run, dance and move across the stage with the energy of a toddler on a sugar rush. It was clear that while Axl Rose may have made nice with his bandmates, elements of his volatile nature were still in play.

Slash’s guitar solos were the star of the show, with the crowd going wild for his performances on “Sweet Child O’ Mine,” “Civil War,” and “November Rain.” Imagine the frenzied response if he’d busted out “Free Bird.” The chemistry between Slash and second guitarist Richard Fortus was as palpable as the tension in a Tarantino flick as they traded lead turns on “Knockin’ on Heaven’s Door.”

Before Guns N’ Roses took the stage, the audience was warmed up by rising hard-rock band Dirty Honey. Fronted by Niskayuna native Marc LaBelle, the band delivered a performance that felt like a lovingly crafted homage to an Aerosmith album that never was. Their set included a scorching take of “Won’t Take Me Alive,” a promising indicator of their forthcoming album. After all, who needs a heater when you’ve got those fiery riffs?

In conclusion, Guns N’ Roses’ performance at Saratoga Performing Arts Center was a testament to their enduring legacy. With a sold-out crowd roaring all night long, it’s clear that their music will continue to resonate with fans. And as for the band itself? They proved that they’re still a significant force in rock and roll, capable of delivering a performance that could blow your socks off, even if they are of the compression variety.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

“Dr. Dollars and Nurse Sense: SPAC Pono Capital Two Gives SBC Medical a Unhealthy Downgrade in Valuation”

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TLDR:
– Pono Capital Two’s proposed merger partner, SBC Medical, experienced a significant drop in valuation, causing $200 million to vanish.
– Pono Capital Two has a history of performing valuation tricks, as seen in their previous merger with Irwins.

When you’re an investor, you’re often faced with the same magical act performed by a magician: the famous disappearing act. Except in this case, it’s not your favorite bunny disappearing into a hat, but rather, it’s a cool $200 million evaporating into thin air. Don’t believe it? Well, you might want to ask the folks at SPAC Pono Capital Two for a front-row seat.

In a rather astonishing feat of financial wizardry, Pono Capital Two (NASDAQ: PTWO) recently waved its magic wand over the valuation of its proposed merger partner, SBC Medical, and voila! The valuation went from $1.2 billion to a mere $1 billion. As a result, investors and industry experts were left scratching their heads, trying to figure out where the $200 million had vanished.

Now, this isn’t Pono’s first rodeo. The company, known for strategic investments in a variety of industries, has been working towards the completion of this merger since it was first announced in February. But this sudden drop in valuation is akin to pulling a rabbit out of a hat, only in this case, the rabbit turned out to be a bit smaller than expected.

But wait, there’s more! Earlier this year, Pono Capital performed a similar trick with Japanese air mobility technology developer Irwins. So, it seems that Pono is not just a one-trick pony, but rather a seasoned magician with a penchant for performing valuation tricks.

Meanwhile, SBC Medical, a Japanese company that operates aesthetic medical clinics, was preparing for an IPO on the Nasdaq with some help from consulting firm Heartcore. But, with this significant drop in valuation, it’s like the company’s dreams of a grand IPO just got a bit deflated.

This move by Pono Capital Two has raised more than a few eyebrows in the business community. After all, a $200 million drop in valuation isn’t exactly pocket change. It’s more like a treasure chest full of gold disappearing overnight. And while investors and industry observers look forward to further updates, the impact of this valuation slight-of-hand remains as uncertain as a magician’s next trick.

So, what can we learn from this act of financial magic? Well, when it comes to mergers and acquisitions, it seems that things aren’t always as they appear. One minute you’re looking at a $1.2 billion company, and the next, it’s a $1 billion entity. It’s enough to make your head spin. And while it might be entertaining to watch from the sidelines, it’s quite a different story when you’re the one holding the disappearing rabbit.

In the end, though, one thing’s for sure: when it comes to SPAC Pono Capital Two, expect the unexpected. And always keep an eye on your wallet, because you never know what might disappear next. Now, if you’ll excuse me, I’m off to find my missing $200 million. I think it might be hiding with the rest of Pono’s missing billions.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

Delaware Ruling Exposes SPAC Scandal: The Smoke, Mirrors, and Pinball between 26 Capital and Okada Manila

Subspac - Delaware Ruling Exposes SPAC Scandal: The Smoke, Mirrors, and Pinball between 26 Capital and Okada Manila

TLDR:
– Hedge fund manager Alex Eiseman secretly received 60% of Jason Ader’s stake in 26 Capital Acquisition Corp., a SPAC attempting to merge with Okada Manila casino.
– Ader sold a portion of his SPAC stake for $25 million, leading to a separate lawsuit by the billionaire’s family office questioning the deal.

Well, folks, here’s a tale that proves once again that high-stakes finance can be just as thrilling as any spy movie. 26 Capital Acquisition Corp., a special-purpose acquisition company (SPAC) backed by gaming industry analyst and investor Jason Ader, tried to merge with a ritzy casino in the Philippines, the Okada Manila. But the courts have called ‘game over’ on that plan, due to some sneaky double-dealing that smelled fishier than a seafood buffet on a hot day.

Here’s the deal: A Manhattan hedge fund manager, Alex Eiseman, was hired by Universal Entertainment Corp., the Japanese company behind Okada Manila, to find a SPAC to acquire the casino. But Eiseman, instead of doing his best Vanna White and finding the best deal possible, decided to go for a bit of personal gain. Our judge, J. Travis Laster, ruled that Eiseman got 60% of Ader’s stake in 26 Capital – a deal that was kept as secret as grandma’s biscuit recipe. Universal and the SPAC’s shareholders were left in the dark until the pretrial discovery phase of the Delaware case.

As if it couldn’t get more interesting, Ader didn’t even wait for the ink to dry on the deal before selling another slice of his SPAC stake for a neat $25 million. That’s a lot of chips to put on red. The judge noted this, along with the fact that Ader and his mother pocketed the sum. Ader insists the payout was proper, but there’s a separate lawsuit by the billionaire’s family office he sold to, questioning the deal.

Despite all this drama, the shares of 26 Capital SPAC are down only 3% since the judge’s ruling, sitting at $11.15. Ader, in a statement as well-crafted as a poker face, said they were disappointed with the ruling, but would explore all available strategic options. Meanwhile, Eiseman seems to be playing his cards close to his chest, declining to comment on the case and stating he will tell his side of the story in a New York fraud lawsuit brought about by the casino owner.

Universal Entertainment Corp. has pulled up the drawbridge on the SPAC deal, and their lawyer, Grant Mainland, has stated that they’re ready to defend themselves if 26 Capital pursues monetary damages. All in all, folks, it’s a high-stakes game of cat and mouse that shows us, once again, that in the SPAC market, what you see isn’t always what you get. As the Securities and Exchange Commission gears up to vote on new SPAC rules to improve transparency, let’s hope this sorry saga serves as a cautionary tale. After all, casinos are for gambling, not the stock market, right?
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.

VAM Investments SPAC B.V.: Everyone’s Favourite Overachiever Returns for Another Round of Financial Report Drama!

Subspac - VAM Investments SPAC B.V.: Everyone's Favourite Overachiever Returns for Another Round of Financial Report Drama!

TLDR:
VAM Investments SPAC B.V. is an innovative company disrupting the investment industry while prioritizing environmental sustainability. They have transparent financial reporting and aim to make a significant impact on the world.

VAM Investments SPAC B.V. is committed to their financial success and is confident in their results. They are setting new standards in the industry and are dedicated to making the world a better place.

Always wanted to invest in a company described as a bear in a bull market’s clothing? Then you’ve probably been waiting for something like VAM Investments SPAC B.V. It’s as if they’ve looked at the investment world, shrugged, and said, “We can do better.” And they just might. Having set new standards in the industry, they’re shaking things up like a protein shake after a particularly grueling workout. Of course, they’re not content to just flex their financial muscles; they’ve also committed to the environment. So, while they disrupt the industry, they’re not interested in disrupting the planet. Quite a refreshing twist, isn’t it?

Now, if you’re like me, worried about where your money is going, you’ll be pleased to know VAM Investments SPAC B.V. isn’t shy about letting the world peek at their financial underwear. They’ve just published their half-year interim financial report, and it’s as transparent as a crystal-clear mountain spring. Our fearless bear in bullish clothing isn’t hiding anything in the fine print. Nope, they’re putting it all out there for us to see. Now, if that doesn’t scream confidence, I don’t know what does.

Ah yes, VAM Investments SPAC B.V., the company that somehow managed to register their name without falling asleep at the keyboard. They’re not just committed to their financial success, but they’re also committed to making sure we know about it. They’re as proud of their success as a peacock in full strut. But don’t let their confidence fool you. They’re not just about showing off. They’re about results. And their results, as they like to put it, are just the beginning of the wave of excellence they’re about to unleash on the world.

So, here’s to VAM Investments SPAC B.V. They’re making the financial world sit up and take notice with their innovative investment strategies and record financial results. Now, if you’ll excuse me, I have to go and see if there’s any room left on this wave of theirs. Because, it’s not every day you find a company that’s as committed to making money as it is to saving the planet. And, folks, that’s something worth getting excited about. After all, who doesn’t want to make the world a better place while they make their bank account a better place too?

And before you ask, no, I’m not being paid by VAM Investments SPAC B.V. to say all these nice things. I’m just a humble business reporter, telling it like it is. So, if you’re looking for a company that’s setting new standards in the industry, waving the flag for environmental sustainability, and shaking up the investment world like a snow globe in a toddlers’ hand, then give VAM Investments SPAC B.V. a look. They might just surprise you.
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Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the securities described above. The information contained in this message, and any information linked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. This article was written by Qwerty using Artificial Intelligence and the Original Source. It is possible the information contained within is not accurate. You should seek additional information regarding the merits and risks of investing in any security before deciding to purchase or sell any such instruments. If you see any errors or omissions leave a comment below.