Power & Digital Infrastructure Acquisition Corp. (XPDI) announced a deal to acquire Core Scientific Holding Co., a provider of customizable infrastructure and software solutions to large scale customers for blockchain hosting and digital asset mining. The deal reflects an enterprise value of $4.3bn and is expected to close in Q4 2021.

Investindustrial Acquisition Corp. (IIAC) announced a deal to acquire Ermenegildo Zegna Group, an owner of global luxury brands. The deal reflects an enterprise value of $3.2bn and includes a $250mm PIPE with investors including members of Zegna’s board of directors and the group’s executives. The transaction is expected to close in Q4 2021.

Bridgetown 2 Holdings Ltd (BTNB) announced a deal to acquire PropertyGuru Pte. Ltd., a Southeast Asian property technology company. The deal reflects an enterprise value of $1.4bn and includes a $100mm PIPE anchored by Baillie Gifford, Naya and REA Group. The transaction is expected to close in Q4 2021 or Q1 2022.

Omnichannel Acquisition Corp. (OCA) announced a deal to acquire Kin Insurance, Inc. a technology-based home insurance company. The deal reflects an enterprise value of $1bn and includes an $80mm PIPE led by HSCM Bermuda and Senator Investment Group. The transaction is expected to close in Q4 2021.

ECP Environmental Growth Opportunities Corp. (ENNV) announced a deal to acquire Fast Radius, Inc., a cloud manufacturing and digital supply chain company. The deal reflects an enterprise value of $995mm and includes a $100mm PIPE with investors including Goldman Sachs Asset Management, L.P., UPS and Palantir. The transaction is expected to close in Q4 2021.

Capstar Special Purpose Acquisition Corp. (CPSR) announced a deal to acquire Gelesis, Inc., a biotherapeutics company advancing biomimetic superabsorbent hydrogels to treat excess weight and metabolic disorders. The deal reflects an enterprise value of $964mm and includes a $100mm PIPE with investors including PIMCO private funds, Pritzker Vlock Family Office and China Medical Systems Holdings Limited. The transaction is expected to close in Q4 2021.

MDH Acquisition Corp. (MDH) announced a deal to acquire Olive.com, a digital vehicle protection plan platform, and PayLink Direct, its payment services division. The deal reflects an enterprise value of $960mm and includes a $15mm PIPE. No closing timeline was given.

Velocity Acquisition Corp. (VELO) announced a deal to acquire BBQ Holding, LLC, a specialty e-commerce platform for higher-end BBQ grills, grilling accessories and outdoor living products for homeowners and professional builders. The deal reflects an enterprise value of $839mm. The transaction is expected to close in Q4 2021.

Pershing Square Tontine Holdings, Ltd. (PSTH) terminated its deal with Universal Music Group due to issues raised by the SEC. PSTH assigned the share purchase agreement to Pershing Square Holdings and withdrew its tender offer for shares and warrants. PSTH indicated it will pursue a more conventional SPAC merger for its initial business combination.

DPCM Capital, Inc. (XPOA) terminated its deal with Jam City, citing current market conditions. XPOA intends to continue to pursue a business combination.

Andina Acquisition Corp. III (formerly ANDA) closed its acquisition of Stryve Foods on Tuesday 7/20/2021 with 57.5% of public shareholders exercising redemption rights. Ordinary shares and warrants are now trading on the NASDAQ as “SNAX” and “SNAXW.”

FG New America Acquisition Corp. (formerly FGNA) closed its acquisition of Opportunity Financial Tuesday 7/20/2021 with 62.3% of public shareholders exercising redemption rights. Ordinary shares and warrants are now trading on the NYSE as “OPFI” and “OPFI/W.”

Ascendant Digital Acquisition Corp. (formerly ACND) closed its acquisition of MarketWise (Beacon Street Group) on Wednesday 7/21/2021 with 93.6% of shareholders exercising redemption rights. Ordinary shares and warrants are now trading on the NASDAQ as “MKTW” and “MKTWW.”

Property Solutions Acquisition Corp. (formerly PSAC) closed its acquisition of Faraday Future on Wednesday 7/21/2021 with less than 1% of public shareholders exercising redemption rights. Ordinary shares and warrants are now trading on the NASDAQ as “FFIE” and “FFIEW.”

Revolution Acceleration Acquisition Corp (formerly RAAC) closed its acquisition of Berkshire Grey on Wednesday 7/21/2021. Redemption statistics were not provided. Ordinary shares and warrants are now trading on the NASDAQ as “BGRY” and “BGRYW.”

Tuscan Holdings Corp. (formerly THCB) closed its acquisition of Microvast on Friday 7/23/2021. Redemption statistics were not provided. Ordinary shares and warrants are now trading on the NASDAQ as “MVST” and “MVSTW.”

10X Capital Venture Acquisition Corp (formerly VCVC) closed its acquisition of Ree Automotive on Thursday 7/22/2021. Redemption statistics were not provided. Ordinary shares and warrants are now trading on the NASDAQ as “REE” and “REEAW.”

CM Life Sciences, Inc. (formerly CMLF) closed its acquisition of Sema4 on Thursday 7/22/2021. Redemption statistics were not provided. Ordinary shares and warrants are now trading on the NASDAQ as “SMFR” and “SMFRW.”

Gores Holdings VI, Inc. (formerly GHVI) closed its acquisition of Matterport on Thursday 7/22/2021 with less than 1% of public shares exercising redemption rights. Ordinary shares and warrants are now trading on the NASDAQ as “MTTR” and “MTTRW.”

Churchill Capital Corp IV (formerly CCIV) closed its acquisition of Lucid Motors on Friday 7/23/2021. Redemption statistics were not provided. Ordinary shares and warrants will trade on the NASDAQ as “LCID” and “LCIDW” beginning Monday 7/26/2021.

The Information reported that Vice Media’s plan to merge with 7GC & Co. Holdings Inc. (VII) has stalled.

Bloomberg reported that Supernova Partners Acquisition Company II, Ltd. (SNII) is in talks with Buyers Edge platform, a unified cloud platform for foodservice.