Malaysian payments technology company Super Apps Holdings plans to go public in the US via a SPAC merger at a ~$1.1B valuation, listed on the Nasdaq under TETE (Niket Nishant/Reuters)

Jack Stebbins / CNBC:
Digital World Acquisition Corp., seeking to take Truth Social public via a SPAC, fails to gain shareholder approval and sets an October 10 deadline for a vote  —  – Digital World Acquisition Corp. adjourned its shareholder meeting for over a month as its planned merger with Donald Trump’s media firm hangs in the balance.

Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  – Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …

Lizette Chapman / Bloomberg:
Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M  —  Rumble Inc., the conservative video network backed by billionaire Peter Thiel, became a publicly traded company Monday through a deal with a blank-check firm …

Alex Harring / CNBC:
LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut under the new ticker GRND following its SPAC merger  —  – Grindr surged in trading Friday in its first day under a new ticker following its merger with blank-check company Tiga.

Brian Heater / TechCrunch:
Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021  —  In May of last year, Bright Machines announced plans to embrace the SPAC craze with a merger deal that valued the Bay Area-based manufacturing firm at $1.6 billion.

Joanna Glasner / Crunchbase News:
Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn  —  Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.